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March 12, 2014
08:01 EDTLLLL-3 Communications reorganizes business segments
L-3 Communications has reorganized its business segments to better align its organizational structure with customer priorities and increase operational efficiencies. The new structure is effective immediately. L-3’s structure now consists of these four business segments: Aerospace Systems, Electronic Systems, Communication Systems and National Security Solutions. John C. McNellis has been named president of Aerospace Systems, which combines the operations of the former Platform & Logistics Solutions segment with Intelligence, Surveillance and Reconnaissance Systems. Steve Kantor continues in his role as president of Electronic Systems, which includes all previous businesses except Microwave Products, which is now part of Communication Systems. John S. Mega has been named president of Communication Systems, which combines the operations of Microwave Products, previously part of the Electronic Systems segment, with Networked and Secure Communications Products, previously part of the former C3ISR segment. Les A. Rose continues in his role as president of National Security Solutions, which remains unchanged. The realignment is not expected to have any impact on the company’s consolidated 2014 financial guidance.
News For LLL From The Last 14 Days
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October 13, 2014
10:08 EDTLLLOn The Fly: Analyst Upgrade Summary
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08:28 EDTLLLL-3 Communications upgraded to Fair Value from Sell at CRT Capital
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07:15 EDTLLLNational Association of Corporate Directors to hold a conference
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October 10, 2014
15:34 EDTLLLL-3 Communications confirms review of Aerospace Systems segment complete
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14:38 EDTLLLL-3 Communications overhang removed, says Oppenheimer
Oppenheimer said L-3 Communications' accounting revision removes an overhang.
14:32 EDTLLLL-3 Communications received subpoenas over accounting errors
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14:09 EDTLLLL-3 Communications discloses material weaknesses in Aerospace unit
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October 9, 2014
16:53 EDTLLLPointState Capital reports 6.0% passive stake in L-3 Communications
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