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February 3, 2014
09:16 EDTLLLL-3 Communications wins $73M contract
L-3 Communications announced that its Coleman Aerospace business has been awarded a new, competitively won contract from the U.S. Department of Defense’s Missile Defense Agency to provide Medium-Range Ballistic Missile target vehicles for use in tests of missile defense systems. The initial value of the award is approximately $73M, with additional options valued at more than $400M over the next five years.
News For LLL From The Last 14 Days
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October 13, 2015
16:23 EDTLLLL-3 Communications acquires ForceX, terms undisclosed
L-3 Communications announced that on October 13 it acquired ForceX,, which the company has renamed L-3 ForceX. L-3 ForceX will be incorporated into L-3's Integrated Sensor Systems sector within the Electronic Systems business segment. Terms of the transaction have not been disclosed, but the acquisition is expected to be immediately accretive. Based in Nashville, Tenn., L-3 ForceX is an industry leader specializing in ISR mission management software and geospatial application technology programs, offering an array of advanced products, including cueing system software, hardware and video algorithms, and wide-area sensor integration solutions and software. The company's proprietary processing, exploitation and dissemination capability provides an integrated tactical operational picture, allowing users to make critical decisions in real time. The business also provides training courseware, materials and turnkey classroom training solutions for its customers and currently supports several key Department of Defense ISR initiatives and classified programs. Its customer base includes the U.S. Air Force, U.S. Special Operations Command, the Naval Surface Warfare Center and a variety of DoD agencies. The business also has existing relationships with several defense prime contractors as well as numerous L-3 business units. L-3 ForceX is a highly customer-focused business that is expected to accelerate the overall growth prospects of the ISS sector.
October 8, 2015
09:02 EDTLLLL-3 wins $30M contract from U.S. Coast Guard
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October 7, 2015
15:05 EDTLLLCOM DEV approaches Honeywell, others for potential sale, Reuters says
Canadian satellite equipment maker COM DEV is in advanced talks to sell itself and has approached Comtech (CMTL), Honeywell (HON), L-3 Communications (LLL), Thales, and others, reports Reuters, citing people familiar with the matter. The auction is in its final stages, the sources told Reuters. Reference Link
October 6, 2015
09:03 EDTLLLL-3 unit awarded position to compete under USAF TSA III contract
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