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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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November 24, 2015
14:48 EDTLLLL-3 Communications to pay $25.6M to settle fraud suit, Reuters reports
L-3 Communications has agreed to pay $25.6M to settle civil claims that the company and its EOTech unit violated the False Claims Act by concealing defects in its weapons sights, reported Reuters. Reference Link
12:24 EDTLLLU.S. sues L-3 for knowingly selling faulty weapons sights, Reuters says
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11:55 EDTLLLL-3 Communications drops 3.8% after sued by U.S. over defective weapon sights
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11:49 EDTLLLL-3 accused of defrauding DOD in new U.S. civil lawsuit, Reuters reports
November 23, 2015
17:48 EDTLLLL-3 Communications awarded $129.66M government contract modification
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