l-3 communications holdings (LLL) Key Developments
L-3 Announces New ClearScan Next-Generation Cabin Baggage Explosives Detection System
Jun 17 15
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
Jun 10 15
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
Jun 3 15
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
Jun 3 15
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.
L-3 Communications Holdings Inc. Presents at Deutsche Bank 6th Annual Global Industrials and Basic Materials Conference 2015, Jun-04-2015 02:20 PM
May 28 15
L-3 Communications Holdings Inc. Presents at Deutsche Bank 6th Annual Global Industrials and Basic Materials Conference 2015, Jun-04-2015 02:20 PM. Venue: The Westin Chicago River North, 320 North Dearborn Street, Chicago, IL 60654, United States. Speakers: Michael T. Strianese, Chairman, Chief Executive Officer, President and Member of Executive Committee.