L3 Technologies

Harris Corporation and L3 Technologies Set Closing Date for Merger

Highlights: Regulatory approvals obtained; merger closing set for June 29, 2019 Combined company will be named L3Harris Technologies Shares will trade on NYSE under ticker symbol “LHX” MELBOURNE, Fla. and NEW YORK, June 21, 2019 — Harris Corporation (NYSE:HRS) and L3 Technologies (NYSE:LLL) announced that they have received the necessary regulatory approvals for their all-stock …

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L3 Technologies and Saudi Arabian Military Industries Enter Into Joint Venture

LE BOURGET, France–(BUSINESS WIRE)–Jun. 18, 2019– L3 Technologies (NYSE:LLL) announced today that it has signed a joint venture agreement with Saudi Arabian Military Industries (SAMI) to collaborate on electro-optical and infrared (EO/IR) and special mission systems projects within the Kingdom of Saudi Arabia (KSA). The contract was signed on June 18 in the SAMI Chalet …

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GA-ASI and L3 Technologies Develop and Fly Full-Band Signals Intelligence Solution for MQ-9

LE BOURGET, France–(BUSINESS WIRE)–Jun. 17, 2019– General Atomics Aeronautical Systems, Inc. (GA-ASI) and L3 Technologies, Inc. (NYSE:LLL) today announced the development and successful flight test of a full-band Signals Intelligence (SIGINT) ISR capability for use on a Predator B(R) Remotely Piloted Aircraft System (RPAS). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190616005079/en/ …

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L3 Achieves Record-High ISR Sensors Orders

LE BOURGET, France–(BUSINESS WIRE)–Jun. 16, 2019– L3 Technologies (NYSE:LLL) announced today that its WESCAM business continues to make history as it moves through its second quarter of 2019. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190616005044/en/ L3 WESCAM supports global customers with industry-leading technology and solutions across air, land and sea domains. …

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L3 Introduces Production-Ready C-130 Avionics Modernization Solution for International C-130 Platforms

LE BOURGET, France–(BUSINESS WIRE)–Jun. 16, 2019– L3 Technologies’ (NYSE:LLL) Integrated Aerospace Systems (IAS) business announced today that it is offering a global C-130 Avionics Modernization Program (AMP) solution based on a certified and fielded U.S. Air Force C-130 avionics solution. The offered AMP avionics suite and installation will leverage L3’s existing deliveries to satisfy the …

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L3 Receives Three Cogswell Awards for Outstanding Industrial Security Practices

NEW YORK–(BUSINESS WIRE)–Jun. 14, 2019– L3 Technologies (NYSE:LLL) announced today that three of its entities have been awarded a 2019 James S. Cogswell Outstanding Industrial Security Achievement Award from the U.S. Department of Defense, Defense Security Service (DSS). L3’s entities were selected as three of 51 recipients of this year’s award from a field of …

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L3 to Modernize Avionics for U.S. Air Force C-130Hs

NEW YORK–(BUSINESS WIRE)–Jun. 6, 2019– L3 Technologies (NYSE:LLL) announced today that it has been competitively awarded the $499 million U.S. Air Force C-130H Avionics Modernization Program Increment 2 (AMP INC 2). Under the contract, L3 will design, produce and certify a state-of-the-art modernization solution for a fleet of 176 Air National Guard and Air Force …

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L3 Opens Passenger Screening Experience Center in the U.S.

NEW YORK–(BUSINESS WIRE)–May 30, 2019– L3 Technologies (NYSE:LLL) announced today that it has opened an advanced Passenger Screening Experience Center near Ronald Reagan National Airport in Arlington, Virginia. The interactive center establishes an environment that allows security professionals and airport operators to test screening systems and trial new concepts in operational efficiency. This press release …

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L3 Technologies Declares Quarterly Dividend

NEW YORK–(BUSINESS WIRE)–May 7, 2019– L3 Technologies (NYSE:LLL) announced today that its Board of Directors has declared the company’s regular quarterly cash dividend of $0.85 per share payable on June 4, 2019 to shareholders of record at the close of business on May 17, 2019. With headquarters in New York City and approximately 31,000 employees …

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L3 Announces First Quarter 2019 Results

Book-to-bill ratio of 1.25x on funded orders of $3.4 billion Sales increased 14% to $2.7 billion Diluted earnings per share (EPS) from continuing operations of $2.71 Adjusted diluted EPS from continuing operations(1) of $2.89 Cash from continuing operations of $174 million Free cash flow of $146 million Increased 2019 full-year financial guidance NEW YORK–(BUSINESS WIRE)–May …

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