LLL on NYSE

L3 Technologies

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons5

Defunct American defense and electronic equipment manufacturer

L3 Technologies, formerly L-3 Communications Holdings, was an American company that supplied command and control, communications, intelligence, surveillance and reconnaissance (C3ISR) systems and products, avionics, ocean products, training devices and services, instrumentation, aerospace, and navigation products. Its customers included the Department of Defense, Department of Homeland Security, United States Intelligence Community, NASA, aerospace contractors, and commercial telecommunications and Wireless customers.3 Its revenue was $8.2 billion in 2018.1 Its shares trade on NYSE under the symbol LLL.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1997Founded1

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  • TickerLLL on NYSE1
  • Industrytelecommunications industry1
  • HeadquartersNew York City1
  • Websitewww.l3t.com
  • Legal formDelaware corporation1
  • Incorporated inDE6
  • Business address600 Third Avenue, 34Th Floor, New York, Ny 100166
  • Filer categoryLarge accelerated filer6
  • LEI1Z5XNJ6GMBVHFWE2W8784
  • StatusActive4
  • LEI statusIssued and current4
  • Registered address251 LITTLE FALLS DRIVE, 19808 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 27309864

L3 Technologies, formerly L-3 Communications Holdings, was an American company that supplied command and control, communications, intelligence, surveillance and reconnaissance (C3ISR) systems and products, avionics, ocean products, training devices and services, instrumentation, aerospace, and navigation products. Its customers included the Department of Defense, Department of Homeland Security, United States Intelligence Community, NASA, aerospace contractors, and commercial telecommunications and Wireless customers. In 2019, it merged with Harris Corporation to form L3Harris Technologies.3

Corporate structure

L3 Technologies is part of a group headed by L3Harris Technologies. 135 entities, 30 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • L3Harris Technologies Melbourne, Florida, United States
    • L3 Technologies 100% · Melbourne, Florida, United States
      • CALZONI S.R.L. Subsidiary · Molinella, Italy
      • L-3 COMMUNICATIONS HOLDING GMBH Subsidiary · Munchen, Germany
      • L-3 COMMUNICATIONS KOREA CORPORATION Subsidiary · New York, New York, United States
      • L-3 COMMUNICATIONS U.K. LTD. Subsidiary · New York, New York, United States
      • L3HARRIS TECHNOLOGIES INTEGRATED SYSTEMS L.P. Subsidiary · Wilmington, Delaware, United States
      • LEIDOS SECURITY DETECTION & AUTOMATION, INC. Subsidiary · New York, New York, United States
      • LEIDOS SINGAPORE PTE. LTD Subsidiary · Singapore, Singapore
    • Wescam Melbourne, Florida, United States
    • L3Harris Integrated Mission Systems Australia Pty Ltd Subsidiary · 100% · Florida, Florida, United States
    • L3Harris MAS Inc Subsidiary · 100% · Mirabel, Quebec, Canada
      • L3Harris MAPPS INC. Subsidiary · Melbourne, Florida, United States
    • L3HARRIS SPACE AND AIRBORNE SYSTEMS AUSTRALIA PTY LTD Subsidiary · 100% · Melbourne, Australia
    • Aerojet International, Inc. Subsidiary · California, United States
    • Aerojet Rocketdyne Holdings, Inc. Subsidiary · Delaware, United States
    • Aerojet Rocketdyne of DE, Inc. Subsidiary · Delaware, United States
    • Aerojet Rocketdyne, Inc. Subsidiary · Ohio, United States
    • ARDE Barinco, Inc. Subsidiary · New Jersey, United States
    • ARDE, Inc. Subsidiary · New Jersey, United States
    • Calzoni S.r.l. Subsidiary · Italy
    • Cardova Chemical Company of Michigan Subsidiary · Michigan, United States
    • Cardova Chemical Company, Inc. Subsidiary · California, United States
    • Chemical Construction Corporation Subsidiary · Delaware, United States
    • Eagle Technology, LLC Subsidiary · Delaware, United States
    • Easton Development Company, LLC Subsidiary · California, United States
    • FAST Holdings Limited Subsidiary · United Kingdom
    • FAST Training Services Limited Subsidiary · United Kingdom
    • GDX LLC Subsidiary · Delaware, United States
    • GT & MC, Inc. Subsidiary · Delaware, United States
    • Harris Asia Pacific Sdn. Bhd. Subsidiary · Malaysia
    • HARRIS CANADA SYSTEMS, INC. Subsidiary · Mississauga, Ontario, Canada
    • Harris Cayman Ltd. Subsidiary · Cayman Islands
    • Harris Communications MH Spain, S. L. Subsidiary · Spain
    • and 101 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What L3 Technologies reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$34.0M8 Dec 31, 2018$34.0M8 Dec 31, 20170%
Buildings and improvements$428.0M8 Dec 31, 2018$404.0M8 Dec 31, 2017+5.9%
Leasehold improvements$407.0M8 Dec 31, 2018$376.0M8 Dec 31, 2017+8.2%
Property and equipment, before depreciation$3.0B8 Dec 31, 2018$2.8B8 Dec 31, 2017+6.4%
Accumulated depreciation$1.8B8 Dec 31, 2018$1.7B8 Dec 31, 2017+7.1%
Property and equipment, net$1.2B8 Dec 31, 2018$1.1B8 Dec 31, 2017+5.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.1B8 Dec 31, 2018$662.0M8 Dec 31, 2017+61.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$6.8B8 Dec 31, 2018$6.6B8 Dec 31, 2017+2.9%
Intangible assets, net (excluding goodwill)$390.0M8 Dec 31, 2018$292.0M8 Dec 31, 2017+33.6%
Finite-lived intangibles, gross$762.0M8 Dec 31, 2018$611.0M8 Dec 31, 2017+24.7%
Accumulated amortization$438.0M8 Dec 31, 2018$385.0M8 Dec 31, 2017+13.8%
Finite-lived intangibles, net$324.0M8 Dec 31, 2018$226.0M8 Dec 31, 2017+43.4%

Inventory

ItemLatestA year beforeChange
Inventory, total$879.0M8 Dec 31, 2018$926.0M8 Jan 1, 2018−5.1%
Work in process$330.0M8 Dec 31, 2018$98.0M8 Dec 31, 2017+236.7%
Finished goods$198.0M8 Dec 31, 2018$107.0M8 Dec 31, 2017+85.0%

The story

L3 was formed as L-3 Communications in 1997 to acquire certain business units from Lockheed Martin that had previously been part of Loral Corporation. These units had belonged to Lockheed Corporation and Martin Marietta, which had merged three years before in 1993. The company was founded by (and named for) Frank Lanza and Robert LaPenta in partnership with Lehman Brothers. Lanza and LaPenta had both served as executives at Loral and Lockheed.

1997

Paramax Systems Corporation from Lockheed Martin. Loral had acquired Paramax in 1995

2000

Training & Simulation Division of Raytheon Systems Co., based in Arlington, Texas. This company was formerly known as Hughes Training, Inc., and part of the Hughes Aircraft Defense Group purchased by Raytheon from General Motors two years earlier. The division traced its ancestry to the original company formed by Edwin Link, inventor of the Link Trainer airplane simulator, and was renamed accordingly Link Simulation and Training (later Link Training and Simulation).

2001

KDI Precision Products, Batavia, Ohio. Electronic fuzing, safe and arm devices.

Litton Electron Devices from Northrop Grumman (renamed L3 Electron Devices)

2002

Raytheon Aircraft Integration Systems (renamed L3 Integrated Systems; the Greenville, Texas facility is now known as L3 Mission Integration Division, while the Waco, Texas facility is now known as L3 Platform Integration Division)

SyColeman Corporation, which came about from the joining of Sy Technologies and Coleman Research Corporation

PerkinElmer Detection Systems from PerkinElmer which became L-3 Security & Detection Systems

Read the full text

Wescam (currently named L3 Harris Wescam), developer of gyro-stabilized, EO-IR imaging systems

2003

Ship Analytics, Inc.

BF Goodrich Avionics

L-3 Communication MAS from Bombardier Aerospace

2004

Cincinnati Electronics, Mason, Ohio. Infrared detectors & systems, space avionics.

Raytheon Commercial Infrared, Richardson Texas. Infrared detectors.

2005

Titan Corp., after a failed buyout attempt by Lockheed Martin

L-3 Communication Combat Propulsion Systems, previously owned by General Dynamics Land Systems

L-3 Communications MAPPS, previously CAE's Marine Controls unit

Electron Dynamic Devices from Boeing Satellite Systems

Applied Signal & Image Technology, Linthicum Heights, MD. Geo-location systems for RF emitters.

Sonoma Design Group, Santa Rosa, CA. Stabilized EO/IR sensors.

2006

Advanced System Architectures, based in Fleet, Hampshire, United Kingdom. L-3 ASA has core capabilities in the development and through-life management of complex information systems, data fusion and tracking solutions, and interoperable secure communications systems.

Crestview Aerospace, 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. (sold in 2017 along with Vertex Aerospace and TCS)

Nautronix and MariPro, based in Fremantle, Australia and Santa Barbara, California, respectively, from Nautronix plc in Aberdeen, Scotland. Nautronix and MariPro provide acoustic ranges and hydrographics to commercial and defense markets.

TRL Technology, a specialist defense electronics company based in Gloucestershire, England. TRL Technology is internationally known for development and innovation in the fields of interception, surveillance, electronic warfare, and communications.

2010

Insight Technology, based in Londonderry, New Hampshire. Insight develops and builds optics, from night-vision goggles to weapon-mounted sights and lasers.

2012

Thales Training & Simulation (TTSL – partial acquisition), a Thales subsidiary manufacturing civil and military full flight simulators. In August 2012, L-3 acquired TTSL's civil fixed-wing simulation business based in Crawley, UK, integrating it into L-3 Link Simulation & Training. The division was later renamed L3 Commercial Training Solutions, and then L3 Commercial Aviation Solutions. In 2023, the business was sold to private equity firm TJC, becoming part of Acron Aviation.

2015

CTC Aviation Group, a commercial pilot training school based in Southampton, UK. The school was rebranded L-3 CTC.

2016

Aerosim Flight Academy in Sanford, Florida and Aerosim Technologies in Burnsville, Minnesota. Both the Sanford school and L-3 CTC were integrated into L3 Commercial Training Solutions and rebranded L3 Airline Academy.

MacDonald Humfrey (Automation), a Luton, UK–based checkpoint security and automation company

ExMac (Automation), a Droitwich, UK-based automated material handling company.

2017

Open Water Power, a Somerville, Massachusetts–based battery startup spun out of MIT. Its novel aluminum-water battery technology promises a tenfold improvement in the endurance of unmanned underwater vehicles.

Ocean-Server Technology, a Fall River, Massachusetts–based small business specializing in lithium-ion battery, sensor, and robotic mini-sub (UUV) products

ASV Global, a Lafayette, Louisiana–based business with international offices in Portchester specializing in Autonomous Surface Vehicles for commercial and defense markets.

2018

In October 2018, L3 announced an all-stock "merger of equals" with Florida-based Harris Corporation, to be closed (subject to approvals) in mid-2019. The merger was completed on June 29, 2019, and the new company, L3Harris Technologies, Inc., is based in Melbourne, Florida, where Harris was headquartered.

From Wikipedia’s article on L3 Technologies, shared under CC BY-SA 4.0.7

Leadership

Who has led L3 Technologies, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (24)

Products and brands

Business organization

As of 2017, L3 was organized under four business segments:

Electronic Systems

Advanced Programs

Aviation Products and Security

Read the full text

Power and Propulsion Systems

Precision Engagement and Training

Aerospace Systems

Aircraft Systems

ISR Systems

MAS

Vertex Aerospace

Communication Systems

Advanced Communications

Broadband Communications

Space and Power

Tactical SATCOM

Sensor Systems

Space & Sensor Systems

Maritime Sensor Systems

Worldwide Surveillance & Targeting Missions

Warrior Sensor Systems

Management

Frank Lanza, CEO and co-founder, died on June 7, 2006. CFO Michael T. Strianese was named as interim CEO, and was later appointed chairman, president and CEO of the company on October 23, 2006. In 2015, former Lockheed Martin executive Christopher E. Kubasik was named president and COO, with Strianese remaining as chairman and CEO. On July 19, 2017, Strianese announced that he would retire as CEO on December 31, 2017, to be succeeded by Kubasik, but would remain as board chairman. As of January 1, 2018, Christopher E. Kubasik became chief executive officer and president of L3 Technologies.

Naming

L3 Technologies was originally named L-3 Communications for the last initials of its founders Frank Lanza, Robert LaPenta, and Lehman Brothers. Despite the similarity in naming, there is no corporate connection between L3 Technologies, formerly known as L-3 Communications, and networking provider Level 3 Communications, whose name is often abbreviated "L3" in informal industry communication.

On December 31, 2016, the company changed its name from L-3 Communications Holdings, Inc. to L3 Technologies, Inc. to better reflect the company's wider focus since its founding in 1997. The company's website changed from L-3com.com to L3T.com, but the company's NYSE ticker symbol of LLL remained the same.

Products

L-3 ProVision, millimeter wave airport passenger screening system

L-3 eXaminer SX, 3DX, and XLB, airport baggage scanning systems

L-3 OptEX, trace level explosive detection system

AVCATT, mobile aviation training simulator

Orchid, total development & simulation environment (Power, Marine)

EOTech, holographic weapon sights

L-3 Sonoma EO, electro optical imaging systems, 1508M Dragon Eyes, 1205MD, 2111X, 2514X, & 2711G

OMNI, encryption device that adds secure voice and secure data to a standard analog telephone or modem connected computer, made in "Standard" model with a 56 kbit/s limit and "OMNIxi" with a 1.5 Mbit/s limit

EMARSS, Enhanced Medium Altitude Reconnaissance and Surveillance System

From Wikipedia’s article on L3 Technologies, shared under CC BY-SA 4.0.7

Acquisitions

  1. Succeeded by L3Harris Technologies1

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

  • 2018$8.2B1

Former names

  • L 3 COMMUNICATIONS CORPSep 12, 1997 to Dec 7, 20166

Timeline

  1. Jul 1, 2019Parent Directly consolidated by L3Harris Technologies4
  2. 2019Dissolved Dissolved1
  3. Dec 18, 2018New chief executive Christopher E. Kubasik becomes CEO9
  4. Jan 4, 2017New chief executive Michael T. Strianese becomes CEO10
  5. 1997Founded Founded1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$18.6B 2008–2026
Figures by year
YearFederal contractsTotal
2026$964.5M$964.5M
2025$1.2B$1.2B
2024$1.7B$1.7B
2023$1.4B$1.4B
2022$1.0B$1.0B
2021$780.8M$780.8M
2020$1.0B$1.0B
2019$989.7M$989.7M
2018$1.1B$1.1B
2017$776.0M$776.0M
2016$675.0M$675.0M
2015$757.0M$757.0M
2014$685.7M$685.7M
2013$732.8M$732.8M
2012$1.1B$1.1B
2011$789.9M$789.9M
2010$1.1B$1.1B
2009$864.4M$864.4M
2008$911.7M$911.7M

Federal awards

Obligated amounts from USAspending.gov35, by calendar year, 2008–2026, for 15 registered units. Obligations are what agencies committed, not always what was paid out. Contracts pay for goods and services; grants, loans and direct payments are assistance. Loans are charted at the face value of the loans listed here. An award’s amount below is its lifetime total, and some began before the years charted.

Largest contracts

  1. May 20, 2015$456.5M from Department of the Army: 63 each thor hmpt 800hp transmissions and ancillary hardware.36 To L3 TECHNOLOGIES, INC. Award W56HZV15C0119
  2. Aug 31, 2007$401.1M from Defense Contract Management Agency: Purchase of 538 ea e-rovers37 To L3 TECHNOLOGIES, INC. Award W58RGZ07C0209
  3. Apr 14, 2003$395.7M from Defense Contract Management Agency38 To L3 TECHNOLOGIES, INC. Award DAAB0703CA006
  4. Jul 18, 2022$354.9M from Department of the Navy: Cec system production and repair39 To L3 TECHNOLOGIES, INC. Award N0002422C5218
  5. Jul 2, 2020$279.7M from Defense Contract Management Agency: Design, development, testing, system support, and production of submarine photonics masts40 To L3 TECHNOLOGIES, INC. Award N0002420C6249

Members of Congress who traded it

1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jun 24, 2019Donna Shalala, HouseSale$1,001 - $15,000Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How L3 Technologies is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARL3 TECHNOLOGIES, INC.2
  • CIK0001039101
  • Employer ID (EIN)13-39374362
  • Filer statusLarge accelerated filer2
  • Incorporated inDelaware2
  • Fiscal year endsDecember 312
  • Industry code (SIC)3663 Radio & Tv Broadcasting & Communications Equipment2
  • Business address600 Third Avenue, 34Th Floor, New York, NY 100162
  • Phone21269711112
  • Shares outstanding79,451,167 as of Apr 26, 201941
  • Public float$15.0B as of Jun 29, 20188
  • On EDGAR sinceJul 21, 19972
  • Filings839 in all: 4 (236), 8-K (202), 425 (96), 10-Q (65), 424B3 (46), S-8 POS (30), 10-K (22), CORRESP (14)2
    All 44 form types

    11-K (9), SC 13G/A (9), S-4 (8), 3 (7), UPLOAD (7), 424B2 (6), FWP (6), S-1/A (6), SD (6), 8-K/A (5), 10-K/A (4), 424B5 (4), S-3/A (4), S-8 (4), SC 13G (4), 15-12B (3), ARS (3), POS AM (3), S-3ASR (3), S-4/A (3), SC 13D (3), 10-Q/A (2), DEF 14A (2), DEFA14A (2), NT 10-Q (2), POSASR (2), S-3 (2), 25-NSE (1), 4/A (1), 424B1 (1), 8-K12B (1), DEFM14A (1), EFFECT (1), PRE 14A (1), S-1 (1), S-1MEF (1)

  • Latest filingsAnnual report (10-K) Feb 21, 2019
    Quarterly report (10-Q) May 1, 2019
    Proxy statement (DEF 14A) Mar 26, 2018
    Latest 8-K (8-K) Jul 1, 2019

Sources

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