Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $118.03 USD
Change Today +2.02 / 1.74%
Volume 586.1K
LLL On Other Exchanges
Symbol
Exchange
Frankfurt
As of 3:30 PM 07/7/15 All times are local (Market data is delayed by at least 15 minutes).

l-3 communications holdings (LLL) Key Developments

L-3 Introduces CT-Based Baggage Scanner for Checkpoint

L-3 Communications introduced a compact version of an explosives detection system (EDS) based on computed tomography (CT) for use at aviation security checkpoints. L-3 says its ClearScan EDS, which combines CT technology with advanced detection algorithms, will allow travelers to leave liquids and electronics in their bags, which is something the Transportation Security Administration in the United States doesn't permit with the current Advanced Technology (AT) X-Ray systems used to screen carry-on bags at the nation's airports L-3 demonstrated an integrated checkpoint solution in the United Kingdom to airport executives from around the world. The solution included ClearScan with an integrated tray return system and automatic RFID tracking, a ProVision 2 body scanner with risk-based algorithms to screen people with different levels of detection, and new software for checkpoint operations called IntelliCore. The system features baggage throughput of 500 parcels per hour, which is in line with the medium-speed EDS systems L-3 and its competitor, Morpho Detection, sell to TSA and international airports for checked baggage screening. Morpho Detection is part of France's Safran Group.

L-3 Announces New ClearScan Next-Generation Cabin Baggage Explosives Detection System

L-3 Communications announced the introduction of ClearScan™ – a new high-throughput explosives detection system (EDS) for screening cabin bags at leading airports worldwide. ClearScan is specifically designed to meet emerging regulatory and operational requirements and accommodates high-security checkpoint throughput and passenger demand for a streamlined screening experience. L-3's ClearScan™ cabin baggage screener is a high-throughput explosives detection system (EDS) specifically designed to meet emerging regulatory and operational requirements. Utilizing computed tomography (CT) and advanced explosives detection algorithms, the compact system offers enhanced customer convenience by allowing travelers to leave liquids and electronics in their bags as they go through security. Featuring a scanning capacity of over 500 bags per hour, with a false alarm rate that dramatically reduces the need for an inconvenient and time-consuming bag search, the system can significantly improve airport checkpoint throughput and efficiency. Along with ClearScan, L-3 is introducing IntelliCore™ – a powerful checkpoint operations software solution. IntelliCore delivers enhanced checkpoint security capabilities, including remote screening, real-time operational monitoring and reporting, image archive retrieval, and directed bag search, while facilitating risk-based security operations. It seamlessly ties together checkpoint screening into a highly flexible operation that maximizes efficiency and improves traveler satisfaction while enhancing security. Both ClearScan and IntelliCore are designed to integrate with automated tray return systems.

L-3 Declares Quarterly Dividend, Payable on September 15, 2015

L-3 Communications announced that its board of directors has declared the company’s regular quarterly cash dividend of $0.65 per share, payable on September 15, 2015 to shareholders of record at the close of business on August 17, 2015.

L-3 Communications Holdings, Inc. Wins Contract from Raytheon to Supply ADF with VSAT and Support Services

L-3 Communications Holdings Inc. has won an $81.8 million contract from Raytheon Australia Pty Ltd., a provider of defense systems, to supply the Australian Defence Force, or ADF, with 236 very small aperture terminals, or VSAT, additional support equipment, and training as part of Joint Project 2008 Phase 5B1. This program will further enable the ADF to utilize the Wideband Global SATCOM (WGS) system, significantly increasing their satellite communications capabilities. Two L-3 business units, Global Communications Solutions (GCS) and Linkabit, will perform on this contract, with hardware deliveries expected to be completed in 2015. The contract will deliver L-3 GCS's Hawkeye and Panther family of VSAT terminals, integrated with L-3 Linkabit's MPM family of modems, and includes the option to purchase additional terminals and equipment. These terminals will enable ADF troops on the ground to benefit from increased data rates and a higher level of network performance. This award comes as a follow-on to the $35 million Joint Project 2008 Phase IIIH contract awarded to L-3 in 2013 for 54 Hawkeye III Lite VSATs and support equipment.

L-3 Communications Appoints Mark Von Schwarz as Senior Vice President and President of Aerospace Systems

L-3 Communications announced that Mark Von Schwarz has been appointed senior vice president and president of the company’s Aerospace Systems business segment effective immediately. Prior to this promotion, Mr. Von Schwarz, a 15-year veteran of L-3, served as the president of the ISR & Aircraft Systems sector and Mission Integration division of L-3 Aerospace Systems. He succeeds John C. McNellis, who is retiring from L-3 but will remain with the company for an interim period to assist with the transition of leadership responsibilities. In his new role, Mr. Von Schwarz will report to Michael T. Strianese, L-3’s chairman, president and chief executive officer. Within Aerospace Systems, Mr. Von Schwarz will be succeeded by Bruce Trego, who will lead the ISR Systems sector, and Jim Gibson, who will lead the Aircraft Systems sector. Kevin Coffman will continue as president of the Logistics Solutions sector.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
LLL:US $118.10 USD +2.09

LLL Competitors

Market data is delayed at least 15 minutes.

Company Last Change
AECOM $32.67 USD +0.36
Ball Corp $71.53 USD +0.28
Computer Sciences Corp $66.46 USD +0.36
GKN PLC 317.10 GBp -8.60
Textron Inc $44.05 USD -0.31
View Industry Companies
 

Industry Analysis

LLL

Industry Average

Valuation LLL Industry Range
Price/Earnings 16.7x
Price/Sales 0.8x
Price/Book 1.8x
Price/Cash Flow 16.0x
TEV/Sales 0.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact L-3 COMMUNICATIONS HOLDINGS, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.