|Bid||193.32 x 900|
|Ask||214.00 x 1800|
|Day's Range||201.67 - 204.29|
|52 Week Range||167.12 - 218.71|
|PE Ratio (TTM)||22.65|
|Earnings Date||Jul 25, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||3.20 (1.65%)|
|1y Target Est||237.73|
Air Tractor and L3 Technologies announced today that their AT-802L Longsword™ ISR and light-attack system now supports compatibility with BAE Systems’ multi-function sig
L3 Technologies (LLL) announced today that its WESCAM business won orders valued at more than $300 million in new business in the first half of 2018. “L3 WESCAM has a growing pipeline of ISR opportunities and strong sales momentum on a global scale, and this has been the strongest orders period in its history,” said Christopher E. Kubasik, L3’s Chairman, Chief Executive Officer and President. Surveillance and targeting systems within L3’s MX™ product line are commercial off-the-shelf offerings that can be delivered on an accelerated timeline, complete with advanced optical and processing technologies.
L3 Technologies (LLL) announced today that it is investing more than $100 million in its soon-to-open London Training Center, supporting London Gatwick as the epicenter of its worldwide commercial pilot training operations. This significant commitment from L3 is designed to meet increasing airline customer demand and to help address the worldwide shortage of commercial pilots. The investment will ensure that L3 Commercial Aviation continues to provide an industry-leading experience for pilots and cadets, and reflects the U.K.’s crucial role in the industry.
L3 Technologies Inc (LLL.N) said on Sunday it hired former senior Lockheed Martin Corp (LMT.N) executive Steve O'Bryan as its global chief of business development, the latest in a series of appointments aimed at expanding the company's reach. O'Bryan's departure from Lockheed this past spring had come as a surprise to many in the industry, given his long years of work drumming up business for the company's F-35 fighter jet and in more recent years, helicopters, warships and other weapons. At L3, O'Bryan will be responsible for all aspects of organic growth, including U.S. military programmes and foreign sales, the company said.
L3 Technologies (LLL) announced today that Stephen F. O’Bryan has been appointed as Senior Vice President and Chief Global Business Development Officer. In this position, Mr. O’Bryan will lead L3’s integrated business development efforts and coordinate the company’s relationships with the Department of Defense (DoD) and all branches of the military, Congress and government agencies, as well as commercial and international customers. “He brings a wealth of business development expertise that will enhance L3’s customer relationships both domestically and internationally.
L3 Technologies (LLL) announced today that it will feature two next-generation Intelligence, Surveillance and Reconnaissance (ISR) solutions for government and military applications at the upcoming Farnborough International Airshow. L3 will exhibit both its new, extended-performance version of Bombardier’s™ Q400™ aircraft and the AT-802L Longsword™, an FAA- and military-certified ISR and light-attack aircraft, at the L3 Aircraft Support Pavilion, with capability briefings provided throughout the trade days of the airshow from July 16-20, 2018. “L3 is an industry leader that delivers advanced, rapidly reconfigurable ISR solutions for a variety of complex missions, and we’re investing in more innovative technologies and systems to meet the needs of our customers,” said Christopher E. Kubasik, L3’s Chairman, Chief Executive Officer and President.
L3 Technologies (LLL) will offer a media briefing and demonstration on Tuesday, July 17, from 1:00 p.m. to 2:00 p.m. local time for Manned-Unmanned Teaming (MUMT), including a suite of integrated products and capabilities from each of the company’s four business segments, at the 2018 Farnborough International Airshow in the L3 Pavilion, Row A. At its core, the capability enables sharing of high-bandwidth data, video and intelligence, surveillance and reconnaissance (ISR) information between manned airborne platforms, unmanned aerial systems (UAS), supported ground forces, and distant command and control centers. The data obtained between the UAS and manned platform is shared with ground forces and command and control centers, giving warfighters increased and likely advance knowledge of enemy locations and activity.
The business, which brings together key components of L3’s commercial aviation offerings, will be the first of its kind to integrate both on- and off-aircraft products and services for aviation customers. The business will provide customers across the aviation sector with aligned and holistic solutions to support the safety and efficiency of their operations. The launch of L3 Commercial Aviation is the latest evolution of L3’s presence in this sector and is a key component of its growth strategy.
L3 Technologies announced today that it has entered into a definitive agreement to acquire Azimuth Security and Linchpin Labs, two information security businesses that significantly strengthen L3’s existing C6ISR capabilities and create synergies to drive future growth in cyber and international markets.
L3 Technologies (LLL) announced today that its Board of Directors has declared the company’s regular quarterly cash dividend of $0.80 per share payable on September 17, 2018 to shareholders of record at the close of business on August 17, 2018. Headquartered in New York City, L3 Technologies employs approximately 31,000 people worldwide and is a leading provider of a broad range of communication, electronic and sensor systems used on military, homeland security and commercial platforms. L3 is also a prime contractor in aerospace systems, security and detection systems, and pilot training.
The Company’s shares are trading above their 50-day and 200-day moving averages by 12.35% and 81.31%, respectively. Additionally, shares of Axon Enterprise, which develops, manufactures, and sells conducted electrical weapons worldwide, have a Relative Strength Index (RSI) of 60.01.
With no drastic near-term improvement expected in the US-China trade relations, investors continue to remain skeptical about the equity market's growth.
L3 Technologies' (LLL) divestiture of its business units is likely to help the company focus on higher value-added and more profitable businesses.
L3 Technologies (LLL) announced today that on June 29, 2018 it completed the previously announced sale of its Vertex Aerospace businesses to American Industrial Partners for $540 million in cash, subject to customary adjustments. The sale included the Crestview Aerospace and TCS business units, which were part of L3’s Aerospace Systems business segment. Vertex Aerospace provides aviation logistics services, supply chain management, and maintenance, repair and overhaul services.
The deal strengthens L3’s capabilities in space situational awareness and other areas that are a key element of U.S. national security strategy objectives.
L3 Technologies (LLL) announced today that it has acquired Applied Defense Solutions (ADS), a leading aerospace engineering, software development and space situational awareness company. Headquartered in Columbia, Maryland, with offices in Herndon, Virginia, and Colorado Springs, Colorado, the business will be renamed L3 ADS and provides the intelligence community, DoD, NASA and other customers with space systems mission planning, space exploration and satellite operations, protection and resiliency. “L3 ADS strengthens our business in the mission-critical aspects of space situational awareness, particularly in the area of multi-domain command and control, which is a key element of our country’s national security strategy objectives,” said Christopher E. Kubasik, L3’s Chairman, Chief Executive Officer and President.
North Texas has a robust defense contracting industry, evidenced by the nearly $3 billion in awards companies with DFW ties received from the U.S. government in the last two weeks.
This article is intended for those of you who are at the beginning of your investing journey and want to better understand how you can grow your money by investingRead More...
L3 Technologies (LLL) announced today that it has been awarded a three-year, $391 million contract from the U.S. Army Contracting Command to provide soldiers with true next-generation Binocular Night Vision Goggles that improve mobility, targeting and maneuverability for ground forces. “These advanced night vision capabilities reflect L3’s intense focus on developing and providing innovative technologies that make our customers better and more effective in the field,” said Christopher E. Kubasik, L3’s Chairman, Chief Executive Officer and President. “As the Army continues to modernize to keep pace with near-peer adversaries, our agility and experience enable us to move quickly in a heightened threat environment.
L3 Technologies (LLL) announced today that its AMI division in Broken Arrow, Oklahoma, has won a 2018 James S. Cogswell Outstanding Industrial Security Achievement Award from the U.S. Department of Defense, Defense Security Service (DSS). L3 is one of 39 recipients of this year’s award from a field of approximately 13,300 cleared defense contractor facilities. The Cogswell Award is the highest honor a company can receive for the handling of classified information with integrity, discretion and proven reliability.
For this morning, WallStEquities.com observes the recent performance of Hexcel Corp. (NYSE: HXL), L3 Technologies Inc. (NYSE: LLL), Lockheed Martin Corp. (NYSE: LMT), and Raytheon Co. (NYSE: RTN). Companies in the Aerospace Defense Products and Services space are sort of niche aerospace companies or a niche defense companies.
L3 Technologies announced today that it has received a 2018 SAP Innovation Award for the North American region. These prestigious awards celebrate the achievements of top companies that are using SAP® platform technologies to transform their business, drive innovation and win in the digital economy.
L3 Technologies, Inc. (LLL) (“L3”) announced today that it has initiated the redemption of its 5.20% Senior Notes due 2019 (the “2019 Notes”) and its 4.75% Senior Notes due 2020 (together with the 2019 Notes, the “Notes”). Following the redemption of the Notes, no Notes will remain outstanding. Each series of Notes will be redeemed on July 6, 2018 (the “Redemption Date”), at a redemption price equal to 100.00% of the principal amount thereof plus a make-whole premium, as applicable to each series of Notes, to be calculated as set forth in the applicable Notice of Redemption for the respective series of Notes, plus accrued and unpaid interest, if any, to, but not including, the Redemption Date (as applicable to each series of Notes, the “Redemption Price”).