L-3 Communications (LLL) Reports 3Q EPS Beat; RBC Capital Raises Price Target to $131.00
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Go back to L-3 Communications (LLL) Reports 3Q EPS Beat; RBC Capital Raises Price Target to $131.00
October 29, 2015 6:55 AM EDT
Net 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
October 28, 2015 9:01 AM EDT
NEW 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
October 28, 2015 8:45 AM EDT
Company 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
