L-3 Communications

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Not to be confused with Level 3 Communications, an Internet carrier
L-3 Communications Holdings Inc.
Type Public (NYSELLL)
Founded 1997
Headquarters New York City, New York, USA
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. (NYSELLL) 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, New York.

Contents

[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] Acquisitions

2005

2006

  • 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.

[edit] Management

On June 7, 2006, L-3 CEO and co-founder Frank Lanza suffered an untimely death. CFO Michael T. Strianese was named as interim CEO, and was appointed President and CEO of the company on October 23, 2006.

[edit] Detainee Abuse

In May 2008, Emad al-Janabi 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

Wholly Owned Subsidiaries

Group on LinkedIn

Languages