Edition:
United States

L3 Technologies Inc (LLL)

LLL on New York Consolidated

189.20USD
22 Nov 2017
Change (% chg)

$-1.28 (-0.67%)
Prev Close
$190.48
Open
$190.60
Day's High
$190.60
Day's Low
$188.63
Volume
388,831
Avg. Vol
523,322
52-wk High
$192.00
52-wk Low
$143.54

Latest Key Developments (Source: Significant Developments)

L3 announces free space optics contract awards
Tuesday, 21 Nov 2017 09:00am EST 

Nov 21 (Reuters) - L3 Technologies Inc :L3 announces free space optics contract awards.L3 Technologies Inc - ‍awarded multiple contracts relating to development of free space optics capabilities for U.S. Department of Defense, space customers​.  Full Article

L3 Technologies receives production contract for U.S. Army
Monday, 30 Oct 2017 08:43am EDT 

Oct 30 (Reuters) - L3 Technologies Inc :L3 receives production contract for U.S. Army Apache MUMT-X program.Got production contract for multiple awards totaling $97 million in support of U.S. Army's Apache MUMT-X helicopter program​.  Full Article

L3 announces third quarter 2017 results
Thursday, 26 Oct 2017 06:55am EDT 

Oct 26 (Reuters) - L3 Technologies Inc :L3 announces third quarter 2017 results.Q3 adjusted earnings per share $1.96 from continuing operations.Q3 earnings per share $0.29 from continuing operations.Q3 sales $2.646 billion versus I/B/E/S view $2.67 billion.Q3 earnings per share view $1.81 -- Thomson Reuters I/B/E/S.Quarterly adjusted earnings per share $1.96.L3 Technologies Inc - ‍updated 2017 financial guidance​.L3 technologies inc sees ‍FY net sales $10,800 million to $11,000​ million.L3 Technologies Inc- ‍during Q3 company recorded a goodwill impairment charge of $187 million ($133 million after income taxes), or $1.67 per diluted share​.Sees 2017 ‍adjusted diluted eps $8.80 to $8.90​.L3 Technologies Inc - ‍funded orders for 2017 q3 increased 16% to $3,126 million compared to $2,688 million for 2016 q3​.L3 technologies inc sees FY ‍diluted EPS $7.13 to $7.23​.FY 2017 earnings per share view $8.72, revenue view $10.96 billion -- Thomson Reuters I/B/E/S.L3 Technologies Inc - ‍funded backlog increased 1 pct to $9,021 million at September 29, 2017 compared to $8,896 million at December 31, 2016​.  Full Article

L3 awarded contract to provide Satcom Terminals to U.S. Air National Guard
Monday, 9 Oct 2017 09:00am EDT 

Oct 9 (Reuters) - L3 Technologies Inc :L3 awarded contract to provide Satcom Terminals to the U.S. Air National Guard.L3 Technologies - ‍under this contract, company will deliver 46 hawkeye iii lite 1.2-meter tri-band vsats in Q4 of 2017​.  Full Article

L3 Wins EO/IR contracts valued at over $300 mln in orders year-to-date
Thursday, 21 Sep 2017 10:34am EDT 

Sept 21 (Reuters) - L3 Technologies Inc ::Says wins EO/IR contracts valued at more than $300 million in orders year-to-date​.  Full Article

L3 acquires Adaptive Methods
Tuesday, 12 Sep 2017 09:00am EDT 

Sept 12 (Reuters) - L3 Technologies Inc :L3 acquires Adaptive Methods, Inc.​.L3 technologies inc - ‍terms were not disclosed​.L3 technologies inc - ‍business will be renamed l3 Adaptive Methods and will be integrated into l3's Sensor Systems Business segment​.L3 Technologies Inc - ‍acquisition was completed on September 8, 2017​.  Full Article

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

BRIEF-L3 announces free space optics contract awards

* L3 Technologies Inc - ‍awarded multiple contracts relating to development of free space optics capabilities for U.S. Department of Defense, space customers​ Source text for Eikon: Further company coverage: