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L3 to Buy Cyber Firms Linchpin Labs, Azimuth Security for $200M; Christopher Kubasik Comments

L3 Technologies (NYSE: LLL) has agreed to purchase information security firms Linchpin Labs and Azimuth Security for approximately $200 million combined in a push to develop synergies for future growth and build up its cyber, surveillance and intelligence collection capabilities. L3 said Wednesday the acquired companies will operate as L3 …

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Christopher Kubasik: L3 to Continue Investment Strategy After Vertex Aerospace Business Sale

New York-based investment firm American Industrial Partners has closed its purchase of Vertex Aerospace businesses from L3 Technologies (NYSE: LLL) for approximately $540 million in cash. The transaction initially announced in May is subject to customary adjustments and covers the acquisition of L3’s TCS and Crestview Aerospace business units that operate under the technology contractor’s aerospace …

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L3 Buys Applied Defense Solutions in Space Capability Expansion Push; Christopher Kubasik Comments

L3 Technologies (NYSE: LLL) has purchased Columbia, Md.-based aerospace engineering and space situational awareness services provider Applied Defense Solutions for approximately $50 million in a move to build up its space mission capabilities. L3 said Monday it will operate the newly acquired firm as L3 ADS to provide space exploration, space systems mission …

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American Industrial Partners to Buy L3’s Vertex Aerospace Business Through $540M Cash Deal

New York-based private equity firm American Industrial Partners has agreed to buy Vertex Aerospace business from L3 Technologies (NYSE: LLL) for approximately $540 million in cash. The transaction includes the acquisition of L3’s TCS and Crestview Aerospace business units that operate under the technology contractor’s aerospace systems segment and both companies …

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Kristen Mullins Named HighPoint Global Chief HR Officer

Kristen Mullins, formerly vice president of human resources at Oceus Networks, has joined citizen experience information technology firm HighPoint Global as chief HR officer. She will oversee HighPoint’s employee relations, recruitment, compensation, benefits and performance management as well as help the firm establish a team of professionals to advance citizen …

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General Atomics Announces Teammates for Navy’s Stingray Tanker Drone Requirement

A General Atomics business unit will collaborate with several other companies to compete for the U.S. Navy’s carrier-based unmanned aerial refueling tanker program. General Atomics Aeronautical Systems Inc. said Monday it will work with Boeing (NYSE: BA); BAE Systems; United Technologies Corp.‘s (NYSE: UTC) Pratt & Whitney and aerospace systems business; L3 Technologies (NYSE: LLL); Rockwell Collins …

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Alan Dietrich Named Alion Science SVP, Rapid Solutions Group Manager

Alan Dietrich, formerly deputy group manager for Alion Science and Technology’s digital solutions group, has been appointed senior vice president and manager of the firm’s rapid solutions group. Dietrich will oversee the McLean, Virginia-based technology services contractor’s systems integration and engineering operations as well as intelligence, surveillance and reconnaissance work in …

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Lockheed to Build Airborne Launch Control System Prototype Under $81M USAF Contract; Vinny Sica Comments

Lockheed Martin (NYSE: LMT) has received a potential $81 million contract to design and build a prototype designed to replace the U.S. Air Force’s aerial launch control system aboard the E-6B Mercury airborne command post aircraft. The service awarded the technology maturation and risk reduction contract through the Airborne Launch Control …

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Former L3 Exec Mike Greenley Named Maxar’s MDA Group President

Mike Greenley, formerly sector president at L3 Technologies’ (NYSE: LLL) Wescam subsidiary, has been appointed group president of Maxar Technologies’ (NYSE: MAXR) MDA business unit in a move that takes effect Jan. 15. Greenley will directly report to Howard Lance, Maxar president and CEO, and oversee MDA’s approximately 1,900 employees …

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Andrew Ivers Named L3 Corporate SVP, Comms System Business President

Andrew Ivers, president of broadband communications sector and communication systems-west division at L3 Technologies (NYSE: LLL), will assume the roles of corporate senior vice president and president of communication systems business segment at the New York-based aerospace and defense contractor starting Jan. 1. The company said Wednesday Ivers will directly report …

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