LLL - L3 Technologies, Inc.
| Previous Close | 248.29 |
| Open | 247.31 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 800 |
| Day's Range | 244.01 - 248.74 |
| 52 Week Range | 158.76 - 260.48 |
| Volume | 1,053,650 |
| Avg. Volume | 654,045 |
| Market Cap | 19.479B |
| Beta (3Y Monthly) | N/A |
| PE Ratio (TTM) | 19.16 |
| EPS (TTM) | N/A |
| Earnings Date | Oct 21, 2019 - Oct 25, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 250.70 |
- Moody's
L3Harris Technologies, Inc. -- Moody's withdraws all ratings for L3 Technologies following completion of merger with Harris Corp.
Rating Action: Moody's withdraws all ratings for L3 Technologies following completion of merger with Harris Corp. New York, July 09, 2019 -- Moody's Investors Service ("Moody's") has withdrawn all ratings for L3 Technologies, Inc. ("L3") following L3's merger with Harris Corporation (Harris Corporation was subsequently renamed L3Harris Technologies, Inc.) The merger closed as was expected when Baa3 ratings were assigned to the senior unsecured exchange notes of L3Harris Technologies (see press release dated May 30, 2019 at https://www.moodys.com/research/Moodys-rates-senior-unsecured-exchange-notes-of-L3Harris-Technologies--PR_401832).
- American City Business Journals
Army wants industry input for development of 2 surveillance aircraft
Army officials issued special notice Wednesday detailing the service’s intent to use an Other Transaction Authority to build up to two new electronic intelligence planes under its EMARSS program.
- American City Business Journals
DFW units of Lockheed Martin, Raytheon, L3 and more received major awards in June
In this edition of DFW Defense, we break down the significant deals awarded to companies with ties to North Texas in June.
- American City Business Journals
How does the $17B L3Harris merger affect DFW?
The latest domino in the rapidly evolving defense industry fell this week and Dallas-Fort Worth will be impacted. The merger between L3 Technologies and Harris closed Monday creating L3Harris Technologies (NYSE: LHX), the sixth-largest defense contractor in the nation with approximately $17 billion in annual sales. The merger brings together L3, which had a major presence in North Texas with 8,000 employees locally, and Harris, which had none.
- American City Business Journals
Harris, L3 complete merger deal
Nine months after the two companies detailed plans to create the sixth-largest aerospace and defense contractor, the newly formed L3Harris Technologies hit the market.
- American City Business Journals
OBJ anniversary edition: How we're doing on Orlando’s road from 1st class to world class
To determine where we've made progress — and where we still need work — we decided to dive into what's happened in the past half-decade.
- Zacks
L3 Technologies Wins Deal to Upgrade Navy Submarine Sensors
L3 Technologies' (LLL) Micreo acquisition played a key role in winning the latest deal pertaining to the submarine photonics mast programs.
- Investopedia
7 Safe Haven Stocks That Can Lead If Market Nosedives
Stock investors concerned about market turmoil ahead may consider taking a look at seven stocks that could outperform as U.S. defense spending balloons. Aerospace and defense stocks as a group have already beaten the broader market this year, illustrated by the more than 30% gain of the SPDR Aerospace & Defense ETF (XAR) in 2019, as noted in a detailed story in the Wall Street Journal.
- PR Newswire
MarketAxess Holdings Set to Join S&P 500; Axon Enterprise to Join S&P MidCap 400; Others to Join S&P SmallCap 600
NEW YORK , June 24, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600: S&P MidCap 400 constituent MarketAxess Holdings Inc. ...
- American City Business Journals
Aerojet Rocketdyne Coleman Aerospace wins $140M boost to existing defense contract
Aerojet Rocketdyne Coleman Aerospace Inc., an Orlando-based subsidiary of El Segundo, California-based Aerojet Rocketdyne Holdings Inc. (NYSE: AJRD), won a $140 million-plus modification to an existing deal with the U.S. Missile Defense Agency, according to the U.S. Department of Defense. Aerojet Rocketdyne Coleman Aerospace is a defense industry systems engineering developer that provides a variety of suborbital launch vehicles, payloads, and launch services and specializes in missile formation. As part of the modified deal, Aerojet Rocketdyne Coleman Aerospace will provide six additional medium-range ballistic missile targets.
- American City Business Journals
How will Raytheon's $74B planned merger impact DFW?
Raytheon is one of the largest employers in North Texas. How will its mega-merger with United Technologies affect its North Texas base?
- Zacks
Harris-L3 Merger Gets Regulatory Nod, L3Harris Set for Debut
Post completion, Harris (HRS) and L3 Technologies (LLL) shareholders will own approximately 54% and 46%, respectively, of the combined company - L3 Harris Technologies, Inc.
- Business Wire
Harris Corporation and L3 Technologies Set Closing Date for Merger
Harris Corporation (HRS) and L3 Technologies (LLL) announced that they have received the necessary regulatory approvals for their all-stock merger and have set a closing date of June 29, 2019. Upon closing, Harris will be renamed L3Harris Technologies, Inc., and shares of L3Harris common stock will trade on the NYSE under ticker symbol “LHX”. L3 shares will cease trading upon market close on June 28 and convert into 1.3 L3Harris shares for each L3 share.
- Reuters
Harris wins EU approval for L3 Tech deal subject to sale of night vision business
Military communication equipment provider Harris Corp has won European Union approval for the acquisition of L3 Technologies Inc, on the condition that Harris sells its night vision global business, the EU Commission said on Friday. The EU antitrust regulator found that the merger would have reduced competition in the European markets for image intensification night vision devices and image intensification tubes. Harris offered to sell its night vision business before completing the deal, and the Commission accepted the remedy, Brussels said in a statement.
- Reuters
UPDATE 1-Harris Corp, L3 Technologies win U.S. antitrust approval for merger
Military communication equipment providers Harris Corp and L3 Technologies Inc have won U.S. antitrust approval for their merger, the Justice Department said on Thursday. Increased defense spending under U.S. President Donald Trump and the Republican-led Congress is driving contractors to pursue mergers so they have more scale to bid on bigger projects, spanning everything from upgrading computer systems to space exploration. The government required that the companies sell Harris' night vision business to win approval for the proposed transaction.
- Zacks
Here's Why You Should Add L3 Technologies (LLL) Stock Now
L3 Technologies (LLL) is a promising bet for investors, courtesy of these four factors.
- Zacks
Boeing Foresees $2.5T Defense Market Opportunities til 2028
The Boeing Company's (BA) current forecast through 2028 has been made keeping in mind the U.S. government's ongoing efforts in modernizing various military platforms and systems.
- Business Wire
L3 Technologies and Saudi Arabian Military Industries Enter Into Joint Venture
L3 Technologies announced today that it has signed a joint venture agreement with Saudi Arabian Military Industries to collaborate on electro-optical and infrared and special mission systems projects within the Kingdom of Saudi Arabia .
- Business Wire
GA-ASI and L3 Technologies Develop and Fly Full-Band Signals Intelligence Solution for MQ-9
General Atomics Aeronautical Systems, Inc. and L3 Technologies, Inc. today announced the development and successful flight test of a full-band Signals Intelligence ISR capability for use on a Predator B® Remotely Piloted Aircraft System .
- Business Wire
L3 Introduces Production-Ready C-130 Avionics Modernization Solution for International C-130 Platforms
L3 Technologies’ Integrated Aerospace Systems business announced today that it is offering a global C-130 Avionics Modernization Program solution based on a certified and fielded U.S.
- Business Wire
L3 Achieves Record-High ISR Sensors Orders
L3 Technologies (LLL) announced today that its WESCAM business continues to make history as it moves through its second quarter of 2019. “Our ISR Systems segment has done an exceptional job at growing its business by fostering innovation and facilitating collaboration across the L3 enterprise,” said Christopher E. Kubasik, L3’s Chairman, Chief Executive Officer and President. “This record-high performance illustrates our commitment to providing the innovative and time-sensitive technology needed to meet the requirements of today’s warfighter,” said Jeff Miller, L3’s Senior Vice President and President of its ISR Systems business segment.
- Insider Monkey
Hedge Funds Are Betting On L-3 Technologies, Inc. (LLL)
Insider Monkey finished processing more than 738 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2019. What do these smart investors think about L-3 Technologies, Inc. (NYSE:LLL)? L-3 Technologies, Inc. (NYSE:LLL) was in 28 hedge funds' portfolios at the end of March. LLL […]
- Business Wire
L3 Receives Three Cogswell Awards for Outstanding Industrial Security Practices
L3 Technologies (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 approximately 13,000 cleared defense contractor facilities. “Across L3, we continually emphasize the importance of our security processes in all aspects of our business, and the Cogswell Award is the highest recognition of these efforts,” said Christopher E. Kubasik, L3’s Chairman, Chief Executive Officer and President.
- Business Wire
Harris Corporation and L3 Technologies, Inc. Announce Results of Early Participation in Exchange Offers and Consent Solicitations
Harris Corporation and L3 Technologies, Inc. today announced that, in connection with the previously announced offers to eligible holders to exchange any and all outstanding notes issued by L3 as set forth in the table below for up to $3,350,000,000 aggregate principal amount of new notes issued by Harris and cash, and related consent solicitations to adopt certain proposed amendments to each of the ...
