L3 Technologies

L3 Technologies is a company providing aerospace systems, communication, electronic systems and products used on military and commercial platforms. It offers components, products, subsystems, and systems, as well as related services to military and commercial customers in various business areas, such as precision engagement and training, aviation products and security, power and propulsion systems, sensor systems, warrior systems, and advanced programs. The Company also provides fleet management sustainment and support services, such as procurement, systems integration, sensor development, modifications, and periodic depot maintenance for intelligence, surveillance, and reconnaissance, as well as special mission aircraft and airborne systems. In addition, it offers strategic and tactical signals intelligence systems, network and communication systems, secure communications products, radio frequency components, satellite communication terminals and space, microwave and telemetry products, and secure data links. 

Company Growth (employees)
Type
Public
HQ
New York, US
Founded
1997
Size (employees)
38,000 (est)
Website
l3t.com
L3 Technologies was founded in 1997 and is headquartered in New York, US

Key People/Management at L3 Technologies

Michael Strianese

Michael Strianese

Chairman and Chief Executive Officer
Ralph D'Ambrosio

Ralph D'Ambrosio

SVP and CFO
Lewis Kramer

Lewis Kramer

Chairman of the Audit Committee
Heidi Wood

Heidi Wood

SVP, Strategy
Ann D. Davidson

Ann D. Davidson

SVP, General Counsel and Corporate Secretary
Christopher Kubasik

Christopher Kubasik

President and COO
David Van Buren

David Van Buren

SVP, Program Development
Vincent Pagano

Vincent Pagano

Chairman of the Nominating/Corporate Governance Committee

L3 Technologies Office Locations

L3 Technologies has offices in New York, Braddon, Ottawa, Huntsville and in 25 other locations
New York, US (HQ)
600 3rd Ave
Calderara di Reno, IT
Via A. De Gasperi, 7
Riyadh, SA
King Fahd Highway, Olaya District
Sogong-dong, KR
Jung-Gu 21
Turner, AU
97 Northbourne Ave
Gloucestershire, GB
11 Shannon Way
Show all (32)

L3 Technologies Financials and Metrics

L3 Technologies Financials

L3 Technologies's revenue was reported to be $10.5 b in FY, 2016
USD

Revenue (Q3, 2017)

2.6 b

Gross profit (Q3, 2017)

250 m

Gross profit margin (Q3, 2017), %

9%

Net income (Q3, 2017)

25 m

EBIT (Q3, 2017)

63 m

Market capitalization (13-Nov-2017)

14.6 b

Cash (30-Sep-2017)

439 m

EV

17.5 b
L3 Technologies's current market capitalization is $14.6 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

12.6 b12.1 b10.5 b10.5 b

Revenue growth, %

(13%)(4%)(14%)0%

Cost of goods sold

11.4 b11 b9.6 b9.5 b

Gross profit

1.2 b1.1 b890 m1 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

3 b3 b3 b2.9 b2.5 b2.5 b2.6 b2.4 b2.7 b2.5 b2.7 b2.7 b2.6 b

Cost of goods sold

2.7 b2.7 b2.8 b2.7 b2.3 b2.4 b2.3 b2.1 b2.4 b2.3 b2.4 b2.4 b2.4 b

Gross profit

314 m307 m239 m257 m209 m151 m275 m252 m247 m215 m253 m312 m250 m

Gross profit Margin, %

10%10%8%9%8%6%11%11%9%9%9%11%9%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

500 m442 m207 m363 m

Accounts Receivable

991 m852 m746 m731 m

Inventories

366 m288 m333 m330 m

Current Assets

4.6 b4.7 b4.2 b3.7 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

377 m227 m299 m508 m317 m353 m323 m534 m352 m411 m230 m385 m439 m

Accounts Receivable

836 m820 m796 m779 m808 m812 m802 m843 m776 m

Inventories

420 m375 m373 m371 m336 m371 m374 m351 m356 m361 m353 m355 m392 m

Current Assets

4.8 b4.7 b4.7 b4.7 b4.7 b4.3 b4.3 b4.1 b3.9 b4 b3.9 b4 b4.1 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

760 m677 m(225 m)724 m

Depreciation and Amortization

214 m225 m210 m206 m

Accounts Receivable

(18 m)51 m50 m30 m

Inventories

1 m(38 m)22 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

208 m182 m313 m157 m109 m233 m(63 m)230 m381 m532 m168 m375 m400 m

Depreciation and Amortization

52 m104 m155 m50 m102 m153 m54 m109 m165 m

Accounts Receivable

23 m21 m36 m(32 m)(62 m)(69 m)(67 m)(105 m)(29 m)

Inventories

(16 m)(14 m)(31 m)(70 m)(77 m)(19 m)(24 m)(31 m)(11 m)(12 m)(72 m)
Y, 2017

EV/EBIT

277.4 x

EV/CFO

26.2 x

EV/FCF

34.1 x

Financial Leverage

2.5 x
Show all financial metrics

L3 Technologies Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017

Backlog Funded

$10.22 b$10.33 b$9.83 b$9.4 b$8.42 b$8.66 b$8.13 b$8.29 b$8.9 b$8.86 b$8.51 b$9.02 b

Order Volume

$12.09 b$2.59 b$2.51 b$2.2 b$2.56 b$9.86 b$2.59 b$2.14 b$2.69 b$3.58 b$10.99 b$2.62 b$2.36 b$3.1 b

Locations

384263273
Show all operating metrics

L3 Technologies Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
L-3 CTC Aviation Holdings Inc.
Aerosim Thai Company Limited
Airline Placement Limited
Airline Recruitment Limited
Asian Aviation Training Centre Ltd.
Aviation Communications & Surveillance Systems, LLC
Beijing MAPPS-SERI Technology Company Ltd.
Calzoni Srl.
ForceX Inc.
FTA Acquisitions Inc.
Honeywell TCAS Inc.
Interstate Electronics Corporation
L-3 Afghanistan LLC
L-3 Centaur LLC
L-3 Chesapeake Sciences Corporation
L-3 Communications AIS GP Corporation
L-3 Communications Australia Group Pty Ltd
L-3 Communications Australia Pty Ltd
L-3 Communications Canada Inc.
L-3 Communications Electronic Systems Inc.
L-3 Communications Foreign Holdings Inc.
L-3 Communications Holding GmbH
L-3 Communications Hong Kong Limited
L-3 Communications India Private Limited
L-3 Communications Integrated Systems L.P.
L-3 Communications Investments Inc.
L-3 Communications Korea Corporation
L-3 Communications Link Simulation and Training UK Limited
L-3 Communications Link Simulation and Training UK (Overseas) Limited
L-3 Communications Ltd.
L-3 Communications MAPPS Malaysia Sdn. Bhd.
L-3 Communications Marine Systems UK Ltd.
L-3 Communications Singapore Pte Ltd
L-3 Communications U.K. Ltd.
L-3 Communications Vector International Aviation LLC
L-3 Communications Westwood Corporation
Aerosim Technologies Inc.
L-3 CTC Aviation Leasing (US) Inc.
L-3 CTC Aviation Training (US) Inc. Delaware
L-3 CTC Ltd.
L-3 Fuzing and Ordnance Systems Inc.
L-3 Global Holding UK Ltd.
L-3 International UK Ltd.
L-3 Unidyne Inc.
Mustang Technology Group L.P.
Narda Safety Test Solutions GmbH
Narda Safety Test Solutions S.r.l.
Aerosim Holdings Inc.
Electrodynamics Inc.
ESSCO Collins Limited
Exmac Automation Limited
FAST Holdings Limited
FAST Training Services Limited
Flight Training Acquisitions LLC
L3 Electron Devices Inc.
L-3 Advanced Programs Inc.
L-3 Army Sustainment LLC
L-3 Brasil Importação, Exportação e Comércio Ltda.
L-3 Communications ESSCO Inc.
L-3 Communications Flight Capital LLC
L-3 Communications Flight International Aviation LLC
L-3 Communications Mobile-Vision Inc.
L-3 Communications Oceania Pty Limited
L-3 Domestic Holdings Inc.
L-3 Security Equipment Trading (Beijing) Co. Ltd.
L-3 Societa Srl.
L-3 Technology & Services UK Ltd.
L-Tres Communicaciones Costa Rica S.A.
MacDonald Humfrey (Automation) Middle East Control Systems L.L.C.
MacDonald Humfrey (Automation) India Private Limited
MacDonald Humfrey (Automation) Limited
MacDonald Humfrey (Automation) SEA PTE. Ltd.
MHA-Stopford Limited
Micreo Limited
SPD Electrical Systems Inc.
SPD Switchgear Inc.
TRL Technology Limited
AeroElite Limited
AeroElite Training LLC
Combat Advanced Propulsion LLC
CTC Aviation Group Limited
CTC Aviation Holdings Limited
CTC Aviation International Limited
CTC Aviation Jet Services Limited
CTC Aviation Services Limited
CTC Aviation Training (N.Z.) Limited
CTC Aviation Training (U.K) Limited
L3 Aviation Products Inc.
L3 Technologies Inc.
L-3 Applied Technologies Inc.
L-3 Communications EO/IR Inc.
L-3 Communications MariPro Inc.
L-3 Communications MAS (Canada) Inc.
L-3 Investments LLC
L-3 Saudi Arabia LLC
L-3 Unmanned Systems Inc.
Power Paragon Inc.
Aerosim Academy Inc
Aerosim Bangkok Company Limited
Open Water PowerMay 19, 2017
Implant SciencesJanuary 05, 2017
L-3 Data TacticsMarch 05, 2014
L-3 Link Simulation & TrainingAugust 07, 2012$132 m
Kollmorgen Electro-OpticalDecember 13, 2011$210 m
International Resources GroupDecember 05, 2008
G.A. International ElectronicsJuly 31, 2008
Northrop Grumman - Electro-Optical Systems (EOS) businessApril 22, 2008$175 m
HSA SystemsMarch 16, 2008
L-3 Communications Nova EngineeringAugust 14, 2006$45 m
TRL Electronics LimitedJuly 18, 2006$176.2 b
L-3 Communications Magnet-Motor GmbHApril 12, 2006
Medical Education TechnologiesApril 06, 2006
L-3 Communications SSG-TinsleyApril 03, 2006
L-3 Communications CyTerraMarch 23, 2006
L-3 Communications ASA LimitedJanuary 31, 2006
L-3 Communications TCSJanuary 31, 2006
EOTechNovember 17, 2005$49 m
L-3 Communications Electron TechnologiesMay 01, 2005
InfraredVision Technology Corp.May 01, 2005
L3 Mobile-VisionApril 15, 2005
L-3 Communications Sonoma EOApril 05, 2005
L-3 Communications - Combat Propulsion SystemsMarch 02, 2005
L-3 Communications Cincinnati Electronics CorporationDecember 13, 2004
L-3 Communications Infrared ProductsNovember 16, 2004$42 m
L-3 Communications MAPPS Inc.November 01, 2004$328 m
D.P. AssociatesOctober 18, 2004
L-3 Communications BrashearJune 18, 2004
BeamhitMay 17, 2004$40 m
L-3 Communications Vertex Aerospace LLCOctober 22, 2003
L-3 Communications Klein AssociatesOctober 02, 2003$30 m
L-3 Communications AerometJune 12, 2003$20 m
L-3 Communications MASJune 10, 2003$90 m
International Microwave Corp.November 21, 2002$40 m
Technology, Management and Analysis Corp.September 24, 2002$50 m
Wescam Inc.September 18, 2002$118 m
L-3 ComCeptAugust 06, 2002
L-3 Communications Security and Detection Systems Inc.June 18, 2002$100 m
Sy TechnologyJanuary 03, 2002$48 m
Emergent Government Services GroupNovember 19, 2001$38 m
Spar AerospaceOctober 03, 2001$230 m
L-3 Communications Government ServicesMay 16, 2001$105 m
KDI Precision ProductsMay 09, 2001$67.5 m
Coleman Research Corp.January 03, 2001$60 m
MPRIJuly 18, 2000
L-3 Communications Space & NavigationDecember 23, 1999$55 m
L-3 Interstate Electronics CorporationApril 20, 1999$60 m
Microdyne CorporationDecember 03, 1998$90 m
HenschelJanuary 01, 1998
L-3 PacOrdJanuary 01, 1998

L3 Technologies Market Value History

L3 Technologies Revenue Breakdown

L3 Technologies's Web-traffic and Trends

L3 Technologies Online and Social Media Presence

L3 Technologies Company Life and Culture

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