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L3 Looks to Double Security & Detection Business within Five Years

By Cal Biesecker

Tuesday, August 8th, 2017

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L3 Technologies’ [LLL] Security & Detection Systems business will generate more than $500 million in sales this year and the company is “aspirationally” targeting $1 billion in sales for the business within a few years, company officials say.The rosy outlook is being driven by demand for airport security technology, the officials say on L3’s recent second quarter earnings call.“More travelers, more airports, more security threat and desire for an expedited process to get through security and get on the plane,”…

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