Iridium's first-quarter results surpass expectations

Sur le même sujet

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  3 août 2018 | International, C4ISR

  L3 Announces Business Segment Realignment

  Aerospace Systems and Sensor Systems Combine to Form ISR Systems Segment Mark R. Von Schwarz to Retire NEW YORK--(BUSINESS WIRE)--Aug. 2, 2018-- L3 Technologies (NYSE:LLL) announced today that the company is realigning its business segments to maximize growth and improve its integration and collaboration across the enterprise. Effective immediately, Aerospace Systems will combine with Sensor Systems to form the new Intelligence, Surveillance & Reconnaissance (ISR) Systems segment, which will heighten L3's focus on developing and delivering best-in-class global ISR and signals intelligence (SIGINT) solutions. The segment will be led by Jeffrey A. Miller, corporate Senior Vice President and President of Sensor Systems, and have combined estimated 2018 sales of $4.7 billion. Mark R. Von Schwarz, President of Aerospace Systems, will retire from the company after the transition is complete. L3's Electronic Systems and Communication Systems segments remain unchanged. “We are rapidly transforming L3 for integration and growth by strengthening our technological alignments, which enables us to more effectively build upon our competitive advantages,” said Christopher E. Kubasik, Chairman, Chief Executive Officer and President. “The increased scale of our new ISR Systems segment highlights our attractive position as a Global ISR prime contractor and accelerates our ability to address our customers' increasingly complex needs.” Mr. Kubasik continued, “This business realignment action supports our objective to improve operating margin to 12% for 2019.” The company reaffirms its consolidated 2018 financial guidance provided on July 26, 2018. Commencing in the third quarter of 2018, L3 will report its results under the realigned business segments. L3 Technologies is an agile innovator and leading provider of global ISR, communications and electronic systems for military, homeland security and commercial aviation customers. With headquarters in New York City and approximately 31,000 employees worldwide, L3 develops advanced defense technologies and commercial solutions in pilot training, aviation security, night vision and EO/IR, weapons, maritime systems and space. The company reported 2017 sales of $9.6 billion. To learn more about L3, please visit the company's website at www.L3T.com. L3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L3 is routinely posted on the company's website and is readily accessible. Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “will,” “could” and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the company's Safe Harbor Compliance Statement for Forward-Looking Statements included in the company's recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements. View source version on businesswire.com: https://www.businesswire.com/news/home/20180802005210/en/ Source: L3 Technologies L3 Technologies Corporate Communications 212-697-1111 https://www.l3t.com/press-release/l3-announces-business-segment-realignment

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  7 novembre 2019 | International, C4ISR, Sécurité

  Are banned Chinese cameras watching the US military?

  By: Joe Gould WASHINGTON ― Amid news that thousands of banned Chinese-made surveillance devices are in use across American government installations, Sen. Marco Rubio, R-Fla., is asking the Pentagon to identify the Chinese gear in use at U.S. military facilities. In a letter to Defense Secretary Mark Esper made public Wednesday, Rubio said the Trump administration needs a comprehensive strategy to address the threats posed by foreign-sourced components and subcomponents. “The Department of Defense must act quickly to identify and remove this equipment as every day that passes only provides our adversaries additional time to infiltrate and exploit our national security networks as well as the ability to monitor U.S. military activities that may be of interest,” Rubio said. The letter comes after Forbes reported the government has made little progress complying with a legally mandated ban on Chinese surveillance tech. Government contractor Forescout found 3,500 devices from from telecom giants Huawei and ZTE, as well as surveillance camera-makers Dahua and Hikvision, on U.S. government systems a month before the ban was to take effect. Language in the fiscal 2019 National Defense Authorization Act banned the procurement of Chinese-produced cameras and associated electronics to ensure U.S. government installations are not at risk of surveillance by potentially malicious Chinese technology. The provision also prohibited the renewal of any contracts currently in use across the federal government. “As you continue to posture the Department of Defense in the era of great power competition, we must remain vigilant to attack from every possible source,” Rubio said in his letter to Esper. “I strongly urge you to implement a comprehensive and proactive approach meeting the requirements of the ban cited in the FY 2019 NDAA." Among other questions, Rubio's letter asked what steps the DoD has taken to address the NDAA's ban on procurement, whether the department has considered removing the technologies, and whether the future will bring further prohibitions on additional products or manufacturers. Rubio wanted to know whether the DoD has a way to purge nontraditional surveillance gear automatically. “How would you detect non-traditional IP-connected products, those beyond, if future prohibitions on such products materialize?" https://www.defensenews.com/congress/2019/11/06/are-banned-chinese-cameras-watching-the-us-military/

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  19 novembre 2023 | International, Aérospatial

  BAE Systems selected to enhance GPS technology on Eurofighter Typhoon

  DIGAR uses advanced antenna electronics, high-performance signal processing, and digital beamforming for significantly improved GPS signal reception and superior jamming immunity