L-3 Communications
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- Not to be confused with Level 3 Communications, an Internet carrier
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| Type | Public (NYSE: LLL) |
|---|---|
| Founded | 1997 |
| Headquarters | New York, New York, United States |
| Key people | Michael T. Strianese Jimmie V. Adams Robert W. RisCassi |
| Industry | Homeland Defense Products and Services |
| Products | AVCATT, numerous specialized components |
| Revenue | $13.96 Billion USD (2007) |
| Employees | 64,000[1] |
| Website | http://www.l-3com.com/ |
L-3 Communications Holdings, Inc. (NYSE: LLL) is a company that supplies command, control, communications, intelligence, surveillance and reconnaissance (C3ISR) systems and products, avionics and ocean products, training devices and services, instrumentation, space and navigation products. Its customers include the Department of Defense, Department of Homeland Security, U.S. Government intelligence agencies, aerospace contractors and commercial telecommunications and wireless customers.
L-3 is headquartered in New York City.
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[edit] History
L-3 (named for Frank Lanza, Robert LaPenta, and Lehman Brothers) was formed in 1997 from the purchase of ten former business units of Lockheed Corporation when Lockheed merged in 1996 with Martin Marietta[2]; the ten units were those which the new Lockheed Martin was uninterested in owning.
L-3 has continued to grow since then through numerous acquisitions to become one of the top 10 US government contractors.
[edit] Business Organization
As of 2008, L-3 is organized under four business segments:
- Command, Control, Communications, Intelligence, Surveillance and Reconnaissance (C³ISR)
- C³ISR Support Services (which includes flight simulation manufacturing, traceable to the original designs and company of Edwin Albert Link)
- ISR Systems
- Secure Communications
- Government Services
- Aviation, Maritime, and Human Intelligence
- IT and Other Solutions
- Training and Staff Augmentation Services
- Aircraft Modernization and Maintenance (AM&M)
- Aircraft Modernization and Support Services
- Aviation Support Operations
- Specialized Products
- Avionics, Displays, and Specialty Products
- Marine and Power Systems
- Microwave, RF, SATCOM and Antenna Products
- Security and Detection
- Sensors, Guidance, Navigation and Simulation
[edit] Acquisitions
- L-3 acquires PARAMAX Systems Corporation from Lockheed Martin.
- L-3 acquired the Training & Simulation Division of Raytheon Systems Co. based in Arlington, Texas. This company was formerly known as Hughes Training, Inc., and part of the Hughes Aircraft Defense Group purchased by Raytheon from General Motors two years earlier.
- L-3 acquired portions of Raytheon Intelligence and Information Systems located in Greenville, TX, Waco, TX, and Lexington, KY. These companies were originally part of E-Systems.
- L-3 acquired SyColeman corporation. SyColeman Corporation came about from the joining of Sy Technologies and Coleman Research Corporation.
- L-3 acquired Titan Corp., after a failed buyout attempt by Lockheed Martin.
- L-3 purchased L-3 Communication Combat Propulsion Systems, previously owned by General Dynamics Land Systems.
- L-3 acquired L-3 Communications MAPPS, previously CAE's Marine Controls unit
- L-3 acquired Crestview Aerospace, a company based in Northwest Florida. Crestview Aerospace provides aircraft structures, major airframe assemblies and military aircraft modifications for leading Prime contractors and OEMs in the aerospace industry.
- L-3 acquired the Nautronix and MariPro businesses, based in Fremantle, Western Australia and Santa Barbara, California respectively, from Nautronix PLC in Aberdeen, Scotland. Nautronix and MariPro provide acoustic ranges and hydrographic solutions to commercial and defense markets.
[edit] Management
Frank Lanza, CEO and co-founder, died on June 7, 2006. CFO Michael T. Strianese was named as interim CEO, and was appointed President and CEO of the company on October 23, 2006.
[edit] Products
- L-3 SmartDeck, a fully integrated cockpit system
[edit] Detainee Abuse
In May 2008, E-mud Alen Jan-baby sued L-3 and CACI for allowing their employees to abuse him physically and mentally at the Abu Ghraib prison. [1]
[edit] References
[edit] External links
- L-3 corporate website
- L-3 Communications Titan Group
- L-3 Communications, Security & Detection Systems
- L-3 Communications Electron Devices
- L-3 Communications, Scandia Division
- L-3 Communications MAPPS Inc.
- L-3 Communications, Global Security & Engineering Solutions (GS&ES)
- L-3 Communications, GS&ES, Praetorian Intelligent Surveillance Solutions
- L-3 Enterprise IT Solutions
Wholly Owned Subsidiaries
Group on LinkedIn
