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March 5, 2014
09:02 EDTLLLL-3 Communications acquires Data Tactics
L-3 Communications announced that it has acquired Data Tactics. The business, renamed L-3 Data Tactics, is a specialized provider of Big Data analytics and cloud computing solution services, primarily to the U.S. Department of Defense. Headquartered in McLean, Virginia, Data Tactics employs approximately 200 people, including more than 150 data scientists, engineers, architects and developers, most of whom possess U.S. government security clearances. The business is expected to generate sales of approximately $50M for the year ending December 31.
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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