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L3 Technologies Inc (LLL.N)

LLL.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

L3 Technologies Announces Business Segment Realignment
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - L3 Technologies Inc ::L3 TECHNOLOGIES ANNOUNCES BUSINESS SEGMENT REALIGNMENT.SAYS INTELLIGENCE, SURVEILLANCE & RECONNAISSANCE SEGMENT WILL BE LED BY JEFFREY MILLER.SAYS MARK VON SCHWARZ, PRESIDENT OF AEROSPACE SYSTEMS, WILL RETIRE FROM CO AFTER TRANSITION IS COMPLETE.SAYS ELECTRONIC SYSTEMS AND COMMUNICATION SYSTEMS SEGMENTS REMAIN UNCHANGED.SAYS REAFFIRMS CONSOLIDATED 2018 FINANCIAL GUIDANCE PROVIDED ON JULY 26, 2018.SAYS BUSINESS REALIGNMENT ACTION SUPPORTS OBJECTIVE TO IMPROVE OPERATING MARGIN TO 12 PERCENT FOR 2019.SAYS AEROSPACE SYSTEMS TO COMBINE WITH SENSOR SYSTEMS TO FORM NEW INTELLIGENCE, SURVEILLANCE & RECONNAISSANCE (ISR) SYSTEMS SEGMENT.SAYS COMMENCING IN Q3, CO WILL REPORT RESULTS UNDER REALIGNED BUSINESS SEGMENTS.  Full Article

L3 Acquires Applied Defense Solutions For About $50 Million
Monday, 2 Jul 2018 

July 2 (Reuters) - L3 Technologies Inc ::L3 STRENGTHENS SPACE MISSION CAPABILITIES WITH ACQUISITION OF APPLIED DEFENSE SOLUTIONS.L3 TECHNOLOGIES INC - DEAL FOR PURCHASE PRICE WAS APPROXIMATELY $50 MILLION.L3 TECHNOLOGIES INC - TRANSACTION IS EXPECTED TO BE EPS NEUTRAL FOR 2018 AND ACCRETIVE IN 2019.L3 TECHNOLOGIES INC - HEADQUARTERED IN COLUMBIA, MARYLAND, BUSINESS WILL BE RENAMED L3 ADS.  Full Article

L3 Technologies Prices $1.8 Bln Debt Offering
Wednesday, 30 May 2018 

May 30 (Reuters) - L3 Technologies Inc ::L3 TECHNOLOGIES, INC. PRICES $1,800,000,000 DEBT OFFERING.  Full Article

L3 Appoints Rita Lane To Its Board Of Directors
Wednesday, 9 May 2018 

May 9 (Reuters) - L3 Technologies Inc ::L3 APPOINTS RITA S. LANE TO ITS BOARD OF DIRECTORS.L3 TECHNOLOGIES INC - WITH LANE'S APPOINTMENT, SIZE OF BOARD HAS INCREASED TO 10 MEMBERS.L3 TECHNOLOGIES INC - WITH APPOINTMENT OF RITA S. LANE, SIZE OF COMPANY'S BOARD HAS INCREASED TO 10 MEMBERS.  Full Article

Christopher Kubasik Elected L3 Technologies Board Chairman
Monday, 7 May 2018 

May 7 (Reuters) - L3 Technologies Inc ::CHRISTOPHER KUBASIK ELECTED CHAIRMAN OF THE L3 TECHNOLOGIES BOARD OF DIRECTORS.KUBASIK SUCCEEDS MICHAEL STRIANESE AS CHAIRMAN.  Full Article

L3 Awarded A Contract For The Australian Offshore Patrol Vessel Program
Monday, 16 Apr 2018 

L3 Technologies Inc ::L3 AWARDED A CONTRACT FOR THE AUSTRALIAN OFFSHORE PATROL VESSEL PROGRAM.L3 TECHNOLOGIES INC - HAS BEEN AWARDED A CONTRACT FOR ROYAL AUSTRALIAN NAVY'S SEA 1180 OFFSHORE PATROL VESSELS.  Full Article

L3 announces free space optics contract awards
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - L3 Technologies Inc :L3 announces free space optics contract awards.L3 Technologies Inc - ‍awarded multiple contracts relating to development of free space optics capabilities for U.S. Department of Defense, space customers​.  Full Article

L3 Technologies receives production contract for U.S. Army
Monday, 30 Oct 2017 

Oct 30 (Reuters) - L3 Technologies Inc :L3 receives production contract for U.S. Army Apache MUMT-X program.Got production contract for multiple awards totaling $97 million in support of U.S. Army's Apache MUMT-X helicopter program​.  Full Article

L3 announces third quarter 2017 results
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - L3 Technologies Inc :L3 announces third quarter 2017 results.Q3 adjusted earnings per share $1.96 from continuing operations.Q3 earnings per share $0.29 from continuing operations.Q3 sales $2.646 billion versus I/B/E/S view $2.67 billion.Q3 earnings per share view $1.81 -- Thomson Reuters I/B/E/S.Quarterly adjusted earnings per share $1.96.L3 Technologies Inc - ‍updated 2017 financial guidance​.L3 technologies inc sees ‍FY net sales $10,800 million to $11,000​ million.L3 Technologies Inc- ‍during Q3 company recorded a goodwill impairment charge of $187 million ($133 million after income taxes), or $1.67 per diluted share​.Sees 2017 ‍adjusted diluted eps $8.80 to $8.90​.L3 Technologies Inc - ‍funded orders for 2017 q3 increased 16% to $3,126 million compared to $2,688 million for 2016 q3​.L3 technologies inc sees FY ‍diluted EPS $7.13 to $7.23​.FY 2017 earnings per share view $8.72, revenue view $10.96 billion -- Thomson Reuters I/B/E/S.L3 Technologies Inc - ‍funded backlog increased 1 pct to $9,021 million at September 29, 2017 compared to $8,896 million at December 31, 2016​.  Full Article

L3 awarded contract to provide Satcom Terminals to U.S. Air National Guard
Monday, 9 Oct 2017 

Oct 9 (Reuters) - L3 Technologies Inc :L3 awarded contract to provide Satcom Terminals to the U.S. Air National Guard.L3 Technologies - ‍under this contract, company will deliver 46 hawkeye iii lite 1.2-meter tri-band vsats in Q4 of 2017​.  Full Article

MOVES-L3 promotes Sean Stackley as corporate SVP, president of renamed segment

Sept 17 Defense equipment maker L3 Technologies Inc appointed Sean Stackley, former acting secretary of the U.S. Navy, as corporate senior vice president and president of its renamed communications and networked systems business segment.