L-3 Communications (LLL) Reports 3Q EPS Beat; RBC Capital Raises Price Target to $131.00
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L-3 Announces Third Quarter 2015 Results
October 29, 2015 6:55 AM EDTNet sales of $2.8 billion Adjusted diluted earnings per share(1) of $2.09; Diluted loss per share of $3.74 Goodwill impairment charge of $5.79 per diluted share for National Security Solutions Net cash from operating activities of $317 million Funded orders of $2.4 billion, funded backlog of $9.4 billion Updated 2015 financial guidance Preliminary 2016 financial outlook
NEW YORK--(BUSINESS WIRE)-- L-3 Communications... More
L-3 Names Christopher E. Kubasik President and Chief Operating Officer
October 28, 2015 9:01 AM EDTNEW YORK--(BUSINESS WIRE)-- L-3 Communications (NYSE: LLL) announced today that Christopher E. Kubasik will become the president and chief operating officer (COO) of L-3, effective immediately. This newly created position will work closely with Chairman and CEO Michael T. Strianese with a focus on delivering value to customers and shareholders while further developing and strengthening L-3s world-class organization, among other responsibilities. He will be based in the New York Corporate Headquarters office, reporting to Mr. Strianese.
Mr. Kubasik joins L-3 from the Seabury Advisory Group where he served as... More
Seabury Group Announces New Aerospace & Defense Leadership
October 28, 2015 8:45 AM EDTCompany Remains Focused on Leveraging Its Industry Recognized Talent and Expertise to Provide Solutions to Challenges Facing the A&D Industry
NEW YORK--(BUSINESS WIRE)-- Seabury Group (Seabury), a leading global advisory and professional services firm, announced today new leadership for Seabury Global Aerospace & Defense Consulting (SGAD). Retired U.S. Air Force Lieutenant General Charles R. (CR) Davis, who has been serving as Executive Vice President since the beginning of this year, has assumed the role of President and Chief Executive Officer from Christopher E. Kubasik, who departed the company to become President and... More
