:

Business/Financial

L3 Establishes Business Segment To Focus On ISR, Bolster Growth And Boost Margins

By Cal Biesecker

Thursday, August 2nd, 2018

SHARE:

L3 Establishes Business Segment To Focus On ISR, Bolster Growth And Boost Margins

Christopher Kubasik, L3 Technologies Chairman, President and CEO. Photo: L3 Technologies

As part of L3 Technologies’ [LLL] major transformation plans this year, the company on Thursday said it has consolidated its Aerospace Systems and Sensors Systems business segment into one focused on intelligence, surveillance and reconnaissance (ISR) solutions for customers worldwide.The $4.7 billion Texas-based ISR Systems segment supplies sensor solutions from the “ocean floor to space,” according to L3’s website page for the segment, which is led by Jeffrey Miller, who previously was president of Sensor Systems.Last week on L3’s second…

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]