Tag Archives: L3

L3 Subsidiary Unveils ISR System Kits for Airborne Platforms

TYSONS CORNER, VA, May 18, 2017 — A subsidiary of L3 Technologies (NYSE: LLL) has launched new intelligence, surveillance and reconnaissance offerings that work to support fixed- and rotary-wing aircraft for defense and security missions, ExecutiveBiz reported Wednesday. The company said Tuesday L3 Wescam‘s Matrix system kits comprise commercial off-the-shelf technology that can …

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Air Force Taps L3 to Potentially Choose New Electronic Attack Aircraft

TYSONS CORNER, VA, May 11, 2017 — L3 Technologies (NYSE: LLL) has been named by the U.S. Air Force as a potential decision-maker in the service branch’s effort to replace its current fleet of EC-130H Compass Call electronic attack aircraft, ExecutiveGov reported Wednesday. Defense One reported Tuesday that Lt. Gen. Arnold Bunch, the …

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State Dept Clears $253M Sale of MD 530F Aircraft, Support to Kenya

The State Department has approved Kenya’s request to procure MD Helicopters-built MD 530F aircraft, related equipment and support services under a potential $253 million foreign military sales agreement. Kenya asked to purchase 12 units of MD 530F helicopters, M260 rocket launchers, M151 rockets, heavy-machine gun pods, M274 smoke-signature warhead rockets …

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Army Taps L3 Business Unit for Mortar Fuze Supply to Saudi Arabia

TYSONS CORNER, VA, March 23, 2017 — L3 Technologies‘ (NYSE: LLL) fuzing and ordnance systems business will provide multi-option and point detonating/delay fuzes for Saudi Arabia under a $37.3 million foreign military sales contract from the U.S. Army, ExecutiveBiz reported Wednesday. The Defense Department said Tuesday the company will deliver 38,284 M734A1 and 165,426 M783 …

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March 1 Market Close: GovCon Index, US Stocks Climb to New Records on Trump Speech & Rate Hike Chatter

Executive Mosaic’s GovCon Index closed at an all-time high Wednesday for the second time in three sessions as U.S. stocks also extended their record-setting rally in their best one-day performance of 2017 so far with the S&P 500 composite index above 2,400 for the first time during intraday trade after President Donald …

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February 27 Market Close: GovCon Index Hits Record Close on Trump Military Budget Proposal

Executive Mosaic’s GovCon Index closed at an all-time record high Monday with large aerospace-and-defense primes the main contributors to gains after President Donald Trump unveiled his proposal to raise military spending 9 percent for the next federal fiscal year. U.S. stocks also posted small gains as the benchmark S&P 500 composite …

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L3 to Supply Transmission Systems for South Korean Army Vehicles

TYSONS CORNER, VA, Feb. 27, 2017 — L3 Technologies (NYSE: LLL) will deliver 800-horsepower transmission systems for South Korea’s infantry fighting and light-recovery vehicles under a potential $17.3 million contract, ExecutiveBiz reported Friday. The company said Thursday its combat propulsion systems division will deliver the transmission systems from the third quarter of …

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Weekly Roundup February 21 – February 24 2017: STG Starts Next Chapter w/ Intell-Focused Buy & more

Weekly Roundup February 21 – February 24 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson STG Group announced the next step in its journey as a publicly-traded government contractor this week with its first acquisition since the company started to offer its shares …

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February 23 Market Close: GovCon Index Lower on Services & Industrial Declines

Executive Mosaic’s GovCon Index posted its biggest one-day decline in a month Thursday with services and industrial components the largest drags in a session that saw U.S. equities struggle for clear direction as investors looked for more clarity on President Donald Trump’s economic agenda. GovCon Index decliners outnumbered advancers by a 5-to-1 ratio …

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Air Force Awards $925M in Cryptographic & Info Assurance Tech Support IDIQs

The U.S. Air Force has awarded 12 companies spots on a pair of contracts worth up to $925 million combined over 10 years for lifecycle support and analysis of cryptographic and information assurance platforms. Seven firms will vie for materiel solutions analysis, technology maturation and risk reduction, engineering and manufacturing development, production and product support tasks under …

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