Home / Tag Archives: L3 Technologies (page 4)

Tag Archives: L3 Technologies

September 25th Morning Report: Friday Close – GovCon Index Moves Up; Three Index’s Mixed

At the close of market on Friday The Executive Mosaic GovCon Index (GCI) continued to move up in posting its sixth consecutive day of gains. The GCI closed at 106.332 up 0.776 percent with advancing shares outpacing declining 3 to 1. The GCI advanced for the week by 2.20 points or 2.11 percent. …

Read More »

September 22nd Market Close: GovConIndex Closes Up While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) continued to move up in posting its sixth consecutive day of gains. The GCI closed at 106.332 up 0.776 percent with advancing shares outpacing declining 22 to 7. The S&P500 ended the day at 2,502.22 up by 0.06 percent, while the DJIA fell 0.04 percent to …

Read More »

L3 Installs ProVision Passenger Screening Tech at Turkey Airport

TYSONS CORNER, VA, Sept. 22, 2017 — L3 Technologies (NYSE: LLL) has deployed a passenger screening system with object detection technology at the Istanbul Ataturk Airport in Turkey, ExecutiveBiz reported Thursday. The company said Wednesday approximately 2,000 ProVision systems has been used at security checkpoints around the world in line with the requirements …

Read More »

L3 Wescam Books $300M in EO/IR Tech, Support Orders

L3 Technologies‘ Wescam business unit has received $300 million in total year-to-date orders to deliver electro-optical/infrared products and in-service support to military and law enforcement customers. The company said Thursday the collective contracts for Wescam’s MX-Series EO/IR platforms reflect an increased demand for imaging products used on unmanned aircraft systems. Jeff Miller, president of L3’s …

Read More »

September 21st Market Close: GovConIndex Closes Up as Major Indices Close Down

The Executive Mosaic GovCon Index (GCI) continued to move up in posting its fifth consecutive day of gains. The CGI closed at 105.814 up 0.377 percent with advancing shares outpacing declining 3 to 1. The S&P500 and DJIA ended their prolonged streak of gains to close in the negative today. The S&P500 …

Read More »

September 19th Market Close: GovConIndex Up as the Major Indices All Set New Records

The Executive Mosaic GovCon Index (GCI) posted another YTD high with its third consecutive daily increase, up 0.867 percent to 104.825. Engility Holdings topped the GCI with an almost 5 percent daily gain, while SAIC, AECOM, ICF, and ManTech International all posted greater than 2 percent increase on the day. All three major …

Read More »

Executive Mosaic’s Weekly GovCon Round-up: The Landscape of M&A in GovCon

Weekly Roundup September 11 – September 15 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week, let’s take a look at the current landscape of mergers and acquisitions in the GovCon sector. Notable M&A activity includes: CenturyLink adjusting the closing date of its …

Read More »

L3 Buys Doss Aviation in Military Flight Training Push

L3 Technologies (NYSE: LLL) has purchased Colorado Springs, Colorado-based initial flight training company Doss Aviation for an undisclosed amount in a strategy to expand presence in the military pilot training market. New York City-based L3 said Thursday will integrate Doss Aviation into its electronic systems business segment and run the company …

Read More »

September 14th Market Close: GovConIndex Closes Down While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) closed down 0.456 percent to 101.596. Advancing shares slightly lagged declining 12 to 17. The three major indices closed mixed on the day. The S&P500 closed down 0.11 percent to 2,495.62, while the DJIA set a new high gaining 0.20 percent to 22,203.48, and the NASDAQ …

Read More »

L3 Eyes Undersea Market Expansion Through Adaptive Methods Buy

L3 Technologies (NYSE: LLL) has purchased Centreville, Virginia-based systems engineering firm Adaptive Methods for an undisclosed sum in a move to expand footprint in the undersea market. L3 said Tuesday it will incorporate Adaptive Methods into its sensor systems business segment to operate as L3 Adaptive Methods. Christopher Kubasik, L3 president and …

Read More »