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L3 Technologies Inc (LLL.N)

LLL.N on New York Stock Exchange

176.62USD
21 Jul 2017
Change (% chg)

$-1.10 (-0.62%)
Prev Close
$177.72
Open
$176.54
Day's High
$178.34
Day's Low
$173.00
Volume
233,248
Avg. Vol
147,817
52-wk High
$180.72
52-wk Low
$132.42

Latest Key Developments (Source: Significant Developments)

L3 Technologies' CEO Michael Strianese to retire
Wednesday, 19 Jul 2017 08:18pm EDT 

July 19 (Reuters) - L3 Technologies Inc :L3 chairman and CEO Michael T. Strianese announces plan to retire; board elects Christopher E. Kubasik as CEO.Kubasik, currently president and COO, will assume CEO position and join board of directors in January 2018.  Full Article

L3 awarded multi-year contract to supply U.S. Army mortar fuzes
Thursday, 29 Jun 2017 09:00am EDT 

June 29 (Reuters) - L3 Technologies Inc :L3 awarded multi-year contract to supply U.S. Army mortar fuzes.L3 awarded multi-year contract to supply U.S. Army mortar fuzes.Received initial $89.2 million firm-fixed-price contract award from U.S. Army to supply m783 point detonating/delay (PD/DLY) mortar fuzes.Multi-year contract with a base award and four option years, which, if fully exercised, has potential to exceed $230 million.  Full Article

L3 Technologies achieves certification for upgraded AT-802L Longsword Avionics
Thursday, 15 Jun 2017 09:00am EDT 

June 15 (Reuters) - L3 Technologies Inc :L3 technologies inc - ‍received a supplemental type certificate (stc) from federal aviation administration​.L3 technologies inc - ‍stc for updated digital avionics and cockpit for its at-802l longsword missionized aircraft​.  Full Article

L3 Technologies announces new $1.5 billion share repurchase program
Tuesday, 9 May 2017 01:30pm EDT 

May 9 (Reuters) - L3 Technologies Inc ::L3 Technologies announces new $1.5 billion share repurchase program and declares quarterly dividend.Sets regular quarterly cash dividend of $0.75 per share.New stock repurchase authorization is effective July 1, 2017.Says repurchase program is expected to be funded using company's cash on hand and cash generated from operations.  Full Article

L3 Technologies say delivered first U.S. Air force kc-10 cls aircraft
Thursday, 4 May 2017 08:45am EDT 

May 4 (Reuters) - L3 Technologies Inc :L3 achieves on-time delivery of first u.s. Air force kc-10 cls aircraft.L3 technologies inc- has delivered first kc-10 aircraft under u.s. Air force's (usaf) contractor logistics support contract.  Full Article

L3 Q1 earnings per share $2.07 from continuing operations
Thursday, 27 Apr 2017 06:55am EDT 

April 27 (Reuters) - L3 Technologies Inc ::L3 announces first quarter 2017 results.Q1 earnings per share $2.07 from continuing operations.Q1 sales rose 13 percent to $2.7 billion.L3 Technologies Inc - increased 2017 financial guidance.L3 Technologies Inc sees 2017 net sales $10,750 million to $10,950 million.Q1 earnings per share view $1.81, revenue view $2.45 billion -- Thomson Reuters I/B/E/S.Sees 2017 diluted EPS $8.50 to $8.70.Says funded backlog decreased 0.5% to $8,855 million at March 31, 2017, compared to $8,896 million at December 31, 2016.FY2017 earnings per share view $8.60, revenue view $10.76 billion -- Thomson Reuters I/B/E/S.Funded orders for 2017 q1 increased 1% to $2,624 million compared to $2,591 million for 2016 q1.Funded backlog decreased 0.5% to $8,855 million at march 31, 2017, compared to $8,896 million at December 31, 2016.  Full Article

L3 Technologies Inc acquires Oceanserver Technology
Tuesday, 4 Apr 2017 03:45pm EDT 

L3 Technologies Inc : L3 acquires Oceanserver Technology . L3 Technologies Inc - terms were not disclosed .L3 Technologies Inc - Oceanserver Technology business was renamed l3 Oceanserver and will be integrated into company's sensor systems segment.  Full Article

L3 Technologies awarded vehicle transmission contract supporting Republic of Korea army
Thursday, 23 Feb 2017 08:19am EST 

L3 Technologies Inc : L3 awarded vehicle transmission contract supporting the republic of Korea army .L3 technologies inc - l3 awarded vehicle transmission contract supporting republic of Korea army.  Full Article

Aerojet Rocketdyne Holdings to acquire Coleman Aerospace for $15 mln in cash
Wednesday, 22 Feb 2017 03:00pm EST 

Aerojet Rocketdyne Holdings Inc : Aerojet Rocketdyne Holdings Inc to acquire Coleman Aerospace; expanding into target missile vehicle business . Deal for $15 million in cash . Says coleman business is expected to generate approximately $40 million in revenue in 2017 . Coleman business is expected to generate approximately $40 million in revenue in 2017 . Coleman Aerospace will operate as unit of Aerojet Rocketdyne and will be renamed aerojet Rocketdyne Coleman Aerospace, Inc . Says transaction is expected to close by end of month .Coleman will assume new space coast integration & test facility lease at cape canaveral air force station in Florida.  Full Article

L3 reports Q4 earnings $2.38 per share from continuing operations
Thursday, 26 Jan 2017 06:55am EST 

L3 Technologies Inc : L3 announces fourth quarter 2016 results . Q4 earnings per share $2.38 from continuing operations . Q4 sales $3.0 billion versus I/B/E/S view $2.78 billion . Q4 earnings per share view $2.11 -- Thomson Reuters I/B/E/S . L3 Technologies Inc - Funded orders for 2016 Q4 increased 40 percent to $3,577 million compared to $2,561 million for 2015 Q4 . L3 Technologies Inc - Increased 2017 financial guidance . L3 Technologies Inc sees 2017 net sales $10,625 million to $10,825 million . Sees FY 2017 earnings per share $8.40 to $8.60 . Sees 2017 diluted EPS $8.40 to $8.60 . FY 2016 earnings per share view $7.95, revenue view $10.31 billion -- Thomson Reuters I/B/E/S .L3 Technologies Inc - Funded backlog increased 6 percent to $8,896 million at December 31, 2016, compared to $8,423 million at December 31, 2015.  Full Article

BRIEF-L3 Technologies approves increase in number of board directors from 10 to 11

* L3 Technologies-‍on July 19,approved increase in number of board directors from 10 to 11,appointment of ‍christopher​ Kubasik as board​ member - SEC filing Source text: (http://bit.ly/2tsHXtT) Further company coverage: