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. 

Employee Rating

3.3More
TypePublic
HQNew York, US
Founded1997
Size (employees)31,000 (est)
Websitel3t.com
L3 Technologies was founded in 1997 and is headquartered in New York, US
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Key People/Management at L3 Technologies

Christopher E. Kubasik

Christopher E. Kubasik

Chairman, Chief Executive Officer and President
Robert B. Millard

Robert B. Millard

Lead Independent Director Chairman of the Compensation Committee
Claude R. Canizares

Claude R. Canizares

Member of the Audit and Ethics Committee
Thomas A. Corcoran

Thomas A. Corcoran

Member of the Audit and Ethics Committee Member of the Compensation Committee
Ann E. Dunwoody

Ann E. Dunwoody

Member of the Nominating and Corporate Governance Committee
Lewis Kramer

Lewis Kramer

Chairman of the Audit and Ethics Committee Member of the Compensation Committee
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L3 Technologies Office Locations

L3 Technologies has offices in New York, Arlington, Plano, Riyadh and in 8 other locations
New York, (HQ)
600 3rd Ave
Arlington,
2200 Arlington Downs Rd
Arlington,
800 201 12th St S
Huntsville,
300 Voyager Way NW
Plano,
750 5800 Granite Pkwy
Salt Lake City,
950 2200 W
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L3 Technologies Financials and Metrics

L3 Technologies Revenue

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L3 Technologies's revenue was reported to be $9.57 b in FY, 2017 which is a 8.9% decrease from the previous period.
USD

Revenue (Q3, 2018)

2.5b

Gross profit (Q3, 2018)

677.0m

Gross profit margin (Q3, 2018), %

26.9%

Net income (Q3, 2018)

208.0m

EBIT (Q3, 2018)

272.0m

Market capitalization (12-Dec-2018)

14.9b

Closing stock price (12-Dec-2018)

189.6

Cash (28-Sep-2018)

507.0m

EV

17.7b
L3 Technologies's current market capitalization is $14.9 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

12.6b12.1b10.5b10.5b9.6b

Revenue growth, %

(13%)(4%)(14%)0%(9%)

Cost of goods sold

11.4b11.0b9.6b9.5b8.6b

Gross profit

1.2b1.1b890.0m1.0b1.0b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

2.5b2.5b2.6b2.4b2.7b2.5b2.7b2.7b2.6b2.4b2.6b2.5b

Cost of goods sold

2.3b2.4b2.3b2.1b2.4b2.3b2.4b2.4b2.4b1.7b1.9b1.8b

Gross profit

209.0m151.0m275.0m252.0m247.0m215.0m253.0m312.0m250.0m648.0m656.0m677.0m

Gross profit Margin, %

8%6%11%11%9%9%9%11%9%27%25%27%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

500.0m442.0m207.0m363.0m662.0m

Accounts Receivable

991.0m852.0m746.0m731.0m723.0m

Inventories

366.0m288.0m333.0m330.0m389.0m

Current Assets

4.6b4.7b4.2b3.7b4.4b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

317.0m353.0m323.0m534.0m352.0m411.0m230.0m385.0m439.0m374.0m1.4b507.0m

Accounts Receivable

836.0m820.0m796.0m779.0m808.0m812.0m802.0m843.0m776.0m798.0m863.0m900.0m

Inventories

336.0m371.0m374.0m351.0m356.0m361.0m353.0m355.0m392.0m994.0m934.0m911.0m

Current Assets

4.7b4.3b4.3b4.1b3.9b4.0b3.9b4.0b4.1b4.5b5.1b4.4b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

760.0m677.0m(225.0m)724.0m693.0m

Depreciation and Amortization

214.0m225.0m210.0m206.0m225.0m

Inventories

1.0m(38.0m)22.0m(69.0m)

Accounts Payable

28.0m(112.0m)(32.0m)4.0m99.0m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

109.0m233.0m(63.0m)230.0m381.0m532.0m168.0m375.0m400.0m208.0m587.0m795.0m

Depreciation and Amortization

52.0m104.0m155.0m50.0m102.0m153.0m54.0m109.0m165.0m56.0m116.0m170.0m

Inventories

(31.0m)(70.0m)(77.0m)(19.0m)(24.0m)(31.0m)(11.0m)(12.0m)(72.0m)(65.0m)(10.0m)28.0m

Accounts Payable

98.0m77.0m117.0m115.0m118.0m130.0m124.0m50.0m112.0m56.0m61.0m57.0m
USDY, 2018

EV/EBIT

65.2 x

EV/CFO

50.5 x

EV/FCF

96.4 x

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2.3 x
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L3 Technologies Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018

Backlog Funded

$10.22 b$10.33 b$9.83 b$9.40 b$8.42 b$8.66 b$8.13 b$8.29 b$8.90 b$8.86 b$8.51 b$9.02 b$8.88 b$8.77 b$8.83 b

Order Volume

$12.09 b$2.59 b$2.51 b$2.20 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$3.10 b$2.73 b$10 b$2.64 b$2.81 b

Locations

384 263 273 273
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L3 Technologies Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
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
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L3 Technologies Revenue Breakdown

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L3 Technologies revenue breakdown by business segment: 16.1% from Sensor Systems, 23.2% from Communication Systems, 28.9% from Aerospace Systems and 31.7% from Electronic Systems

L3 Technologies revenue breakdown by geographic segment: 23.3% from International and 76.7% from U.S.

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L3 Technologies Online and Social Media Presence

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L3 Technologies News and Updates

L3 TECHNOLOGIES INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of L3 Technologies, Inc. - LLL

NEW ORLEANS, Oct. 18, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of L3 Technologies, Inc. ("L3") (NYSE: LLL) to Harris Corporation ("Harris") (NYSE: HRS). Under ...

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of L3 Technologies, Inc.

NEW YORK, Oct. 15, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against L3 Technologies, Inc. (NYSE: LLL) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Harris Corporation (NYSE: HRS). Stockholders...

L3 Technologies and Harris Corp agree to deal, creating $33.5 billion defense giant (HRS, LLL)

L3 Technologies and Harris Corporation rallied Monday morning after the two companies agreed to merge in an all-stock deal. The new company will have a market capitalization of $33.5 billion, making it the sixth-largest defense company in the US. Watch L3 Technologies and Harris Corp trade in real…

Harris, L3 Technologies nearing agreement to merge -source

Defense communications and electronics companies Harris Corp and L3 Technologies are nearing a deal for an all-stock merger, a person familiar with the matter said on Saturday.

Harris Corp. and L3 Technologies Are Close to a Merger Deal, WSJ Says

Harris Corp. and L3 Technologies Are Close to a Merger Deal, WSJ Says

Flight Simulator 2018 Global Market Key Players - Rockwell Collins, Boeing, Thales, Textron, FlightSafety International, L3 Technologies, CAE.......

Flight Simulator – Global Market Growth, Opportunities, Analysis of Top Key Players and Forecast to 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday
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L3 Technologies Company Life and Culture

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L3 Technologies Frequently Asked Questions

  • When was L3 Technologies founded?

    L3 Technologies was founded in 1997.

  • Who are L3 Technologies key executives?

    L3 Technologies's key executives are Christopher E. Kubasik, Robert B. Millard and Claude R. Canizares.

  • How many employees does L3 Technologies have?

    L3 Technologies has 31,000 employees.

  • What is L3 Technologies revenue?

    Latest L3 Technologies annual revenue is $9.6 b.

  • What is L3 Technologies revenue per employee?

    Latest L3 Technologies revenue per employee is $308.8 k.

  • Who are L3 Technologies competitors?

    Competitors of L3 Technologies include AMETEK, FLIR Systems and Thales Group.

  • Where is L3 Technologies headquarters?

    L3 Technologies headquarters is located at 600 3rd Ave, New York.

  • Where are L3 Technologies offices?

    L3 Technologies has offices in New York, Arlington, Plano, Riyadh and in 8 other locations.

  • How many offices does L3 Technologies have?

    L3 Technologies has 13 offices.