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Tag Archives: michael strianese

Michael Strianese: L3 Evaluates ‘Strategic Options’ for Vertex Aerospace Business

Michael Strianese, chairman and CEO at L3 Technologies (NYSE: LLL), has said the company has begun to assess strategic alternatives for Vertex Aerospace business after the New York-based aerospace and defense contractor posted a goodwill impairment charge for Vertex during the third quarter of 2017. Strianese said in a statement …

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Executive Mosaic’s Weekly GovCon Round-up: “Information Doesn’t Have to be Secret to be Valuable”

Weekly Roundup July 24 – July 28 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Open source intelligence (OSINT), as described in a previous Weekly Round Up column, is an incredibly powerful research methodology that is already being used by forward looking companies and …

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Executive Mosaic’s Weekly GovCon Round-up: Executive Movement in the GovCon Industry

Weekly Roundup July 17 – July 21 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Several executive moves this summer look to make a significant splash across the GovCon community. Last Friday, Battelle’s Board of Directors announced that Lewis “Lou” Von Thaer had been selected …

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Christopher Kubasik to Succeed Michael Strianese as L3 CEO in 2018

Christopher Kubasik, president and chief operating officer of L3 Technologies (NYSE: LLL), has been elected to serve as president, CEO and a board member of the company in a move that takes effect Jan. 1. He will succeed the retiring Michael Strianese, who will continue to serve as executive chairman …

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L3 Acquires UUV Power System Manufacturer in Naval Market Push; Michael Strianese Comments

L3 Technologies (NYSE: LLL) has completed the acquisition of maritime power-generation technology developer Open Water Power for an undisclosed value in a move that seeks to expand the former’s unmanned undersea vehicle portfolio. The Massachusetts-based company will take the name L3 Open Water Power and operate under L3’s sensor systems business, the …

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Michael Strianese: L3 Eyes Tactical UUV Market With OceanServer Buy

L3 Technologies (NYSE: LLL) has bought autonomous unmanned undersea vehicle manufacturer OceanServer Technology for an undisclosed sum, a move that Chairman and CEO Michael Strianese said marks L3’s expansion push into the UUV market. Fall River, Massachusetts-based OceanServer builds lightweight UUVs for military, commercial and international clients, L3 said Tuesday. The business was …

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Retired Navy Officer Gary Rosholt Joins L3 as VP for Mideast Operations; Michael Strianese Comments

Gary Rosholt, a retired U.S. Navy rear admiral and former U.S. Special Operations Command Central deputy commanding general, has joined L3 Technologies (NYSE: LLL) as vice president for Middle East operations. He will be oversee L3’s business across Saudi Arabia, the United Arab Emirates and other locations in the Middle East and help explore new …

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Canadian Military Vet Richard Foster Joins L3 in Corporate VP Role

Richard Foster, a 35-year veteran of the Canadian armed forces and a retired major general, has been appointed corporate vice president of L3 Technologies‘ (NYSE: LLL) business unit in Canada. He will manage L3 Canada‘s overall operations and coordinate with the subsidiary’s business development team to help expand its customer base, the company said Wednesday. “His extensive …

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L3 Unveils Leadership Changes as Company Moves to Split Electronic Systems Segment

L3 Technologies (NYSE: LLL) has announced an initiative to split the New York City-based defense contractor’s electronic systems segment into two new business segments as part of a growth strategy that also involves multiple leadership transitions. The company said Wednesday Todd Gautier, current president of L3’s precision engagement and training sector, will serve as corporate …

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L3 Completes $117M Purchase of Implant Sciences’ Explosive Trace Detection Business

L3 Technologies (NYSE: LLL), then L-3 Communications, has wrapped up its purchase of Implant Sciences’ explosive trace detection business for $117.5 million cash through an asset purchase agreement. Michael Strianese, chairman and CEO of L3, said in a statement released Thursday the acquisition will help expand L3’s presence in national security …

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