l-3 communications holdings (LLL) Key Developments
L-3 Communications Wins $30 Million Contract from US Coast Guard
Oct 8 15
L-3 Communications Holdings (LLL) announced it has won a $30 million contract from the U.S. Coast Guard to missionize two C-130J aircraft using a next-generation mission system suite. If all options are exercised, the contract is worth approximately $93 million. L-3 will integrate mission systems on two baseline configuration C-130J long-range surveillance aircraft. Options include performing the same work on three additional baseline configuration aircraft and converting seven HC-130J aircraft.
COM DEV Reportedly In Talks To Sell Itself
Oct 7 15
COM DEV International Ltd. (TSX:CDV) is in advanced talks to sell itself, according to people familiar with the matter. The sources asked not to be identified because the sale process is confidential. Thales SA (ENXTPA:HO), L-3 Communications Holdings Inc. (NYSE:LLL), Comtech Telecommunications Corp. (NasdaqGS:CMTL) and Honeywell International Inc. (NYSE:HON) are among the companies that were approached by COM DEV about a potential deal, the people added. COM DEV is working with Canaccord Genuity Group Inc. on an auction process that is in its final stages, the people said this week. COM DEV, Canaccord, Comtech, Honeywell, L-3 and Thales did not immediately respond to requests for comment, reported Reuters.
L-3 Communications Receives Award to Compete on Future Task Orders Under U.S. Air Force Training Systems Acquisition III Contract
Oct 6 15
L-3 Communications announced that its Link Simulation & Training (L-3 Link) business has been awarded a position to compete under the U.S. Air Force (USAF) Training Systems Acquisition (TSA) III contract. L-3 is one of 12 large company contractors to compete for future TSA III task orders over the next 10 years, which, collectively, could have a potential value of $20.9 billion. Under TSA III task orders, L-3 Link would provide analysis, design, development, production, installation, integration, test and sustainment support for USAF training configurations encompassing complex aircrew, maintenance and system-specific training systems. These task orders will support training on fighter, bomber, cargo, air tanker, unmanned aerial, and special operations fixed- and rotary-wing platforms. Training will focus on aircraft operations, weapons, navigation, and command and control for both individual and aircrew events, ranging from single aircraft to large-scale, composite force mission rehearsal training. A primary goal under TSA III task orders will be to significantly reduce acquisition lead times on active Air Force, Air Force Reserve, Air National Guard and Foreign Military Sales training and sustainment programs.
L-3 Communications Receives Contract for Apache MUMT-X Upgrade Program
Sep 17 15
L-3 Communications announced that it has been awarded a new communications upgrade subcontract from Science and Engineering Services, LLC in support of the U.S. Army’s Apache helicopter program. As part of this project, which offers increased communications capacity between the Apache and unmanned systems, L-3’s technology will deliver high-speed transmit and receive capability of wideband video and data. The initial contract is valued at $11.9 million and the work will be performed by L-3 Communication Systems-West in Salt Lake City. The L-3 solution, called MUMT-X, is based on the highly successful MUMT-2 system, with its proven interoperability, reliability and record of meeting mission objectives. L-3’s MUMT-X communications suite incorporates equipment, including a ROVER 6 modem, multiband Radio Frequency Equipment, and an innovative directional antenna capable of relaying multiple video streams back to the command center. MUMT-X significantly increases the Apache aircrews’ situational awareness and combat effectiveness, while shortening decision-making timelines. Work on this project is now underway, with completion anticipated in August 2017.
L-3 Communications Holdings Inc. Presents at Jefferies 11th Annual Industrials Conference, Aug-12-2015 11:20 AM
Aug 10 15
L-3 Communications Holdings Inc. Presents at Jefferies 11th Annual Industrials Conference, Aug-12-2015 11:20 AM. Venue: Grand Hyatt, 109 E. 42nd Street, New York, New York, United States. Speakers: Michael T. Strianese, Chairman, Chief Executive Officer, President and Member of Executive Committee.