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Corporation
INDUSTRIAL | Aerospace & Defense
l3t.com

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Investments

2

Portfolio Exits

7

Partners & Customers

10

About L3 Technologies

L3 Technologies (NYSE: LLL) is a supplier of a broad range of products and services used in a number of aerospace and defense platforms. The company is also a supplier of systems, subsystems, and products on many platforms, including those for secure networked communications and communication products, mobile satellite communications, information security systems, shipboard communications, naval power systems, missiles and munitions, telemetry and instrumentation, and airport security systems. L3 is also a prime system contractor for aircraft modernization and operations; maintenance, command, and control; communications, intelligence, surveillance and reconnaissance collection systems and services; training and simulation; intelligence services; and government support services. L3 Communications's customers include the U.S. Department of Defense (DoD) and its prime contractors, the U.S. Department of Homeland Security (DHS), U.S. Government intelligence agencies, major aerospace and defense contractors, allied foreign government ministries of defense, commercial customers, and certain other U.S. federal, state, and local government agencies.

L3 Technologies Headquarter Location

600 Third Avenue

New York, New York, 10016,

United States

212-697-1111

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The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing L3 Technologies

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find L3 Technologies in 2 Expert Collections, including Drones.

D

Drones

52 items

Drones are defined broadly to include software and hardware companies developing technologies related to unmanned aerial, marine, and/or land vehicles designed for unstructured environments. These technologies range from the manufacturing of drones to the analysis of data collect

F

Fortune 500 Investor list

590 items

This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.

Latest L3 Technologies News

Harris Corp leads National Geospatial-Intelligence Agency’s vendor base as of August 2021

Sep 6, 2021

Carmen 6th September 2021 (Last Updated September 6th, 2021 18:35) Share Article Harris Corp was the top IT vendor for the National Geospatial-Intelligence Agency, securing two contracts worth $509.28m, according to GlobalData’s Contracts database. Out of total 36 vendors, Booz Allen Hamilton Holding stood in the second position with two IT contracts worth $425m, followed by BAE Systems with six contracts valued at $348m, ManTech International with one contract worth $322m, L3 Technologies with one contract worth $218m. The services offered by the top five vendors of National Geospatial-Intelligence Agency, as tracked by GlobalData, include: Application development (by Harris Corp) Application maintenance & support (by Harris Corp and ManTech International) Application management (by ManTech International) BPO (by BAE Systems and Booz Allen Hamilton Holding) Communication services (by L3 Technologies) Infrastructure management (by L3 Technologies) IT security services (by ManTech International) Network integration (by L3 Technologies) Network management (by L3 Technologies) Vertical-specific BPO (by BAE Systems and Booz Allen Hamilton Holding) Top three vendors by volume In terms of the number of IT contracts secured from the National Geospatial-Intelligence Agency, BAE Systems topped the table with six contracts, followed by Maxar Technologies with three contracts, Leidos Holdings with three contracts. Top contracts by the type of IT service Application outsourcing Solutions accounted for 55.56%, of the overall contracts for the National Geospatial-Intelligence Agency, followed by BPO (22.22%), systems integration (11.11%), infrastructure outsourcing (8.33%), consulting (2.78%). In terms of types of contracts, 86.84% of IT contracts accounted for the new business category and 5.26% accounted for BPO. New contracts accounted for 5.26% of the total contracts as of August 2021. As of August 2021, 64% of all the IT contracts were of the fixed price type and 25% were of IDIQ type. In terms of the geographic scope of the contracts, 92.11% were based in the US. Top contracts expected to end in the next 12 months The top defense industry contracts of the National Geospatial-Intelligence Agency expected to end in the next twelve months are: The five-year, idiq contract worth $500m with Harris Corp is expected to end on 20 April 2022. The annual value of the contract stands at $100m. ManTech International’s five-year, fixed price contract worth $322m is slated to expire on 17 November 2016. The annual value of the contract stands at $64m. Top contracts by value The top defense industry contracts, in terms of value, issued and currently under execution by National Geospatial-Intelligence Agency as of August 2021 include: Harris Corp’s five-year contract worth $500m. The idiq contract has started on 21 April 2017 and is expected to be closed by 20 April 2022. The annual value of the contract stands at $100m. ManTech International’s five-year contract worth $322m. Announced on 17 November 2016, the fixed price contract is due to expire on 16 November 2021. The annual value of the contract stands at $64m. Methodology: Globaldata’s IT Contracts Database is a comprehensive collection of all publicly disclosed IT services, software, and telecom contracts. Its scope of coverage lies in the areas of outsourcing mainly being application, infrastructure, and business processes, also including systems integration & consulting. The database presents reliable information, enabling IT services and software product providers in identifying prospective business opportunities. The value of the contract is calculated by its unique display of patterns relating to IT services adoption across industry segments, solution areas, industries, and geographies. Carmen Carmen is a robot, or rather an algorithmic journalist, who creates valuable automated content for our audiences. Carmen’s focus is to deliver deep, fact-based articles and to free up our human journalists to interpret, analyse and explain developments. Join Our Newsletter

L3 Technologies Investments

2 Investments

L3 Technologies has made 2 investments. Their latest investment was in Peak Nano Systems as part of their Corporate Minority on February 2, 2018.

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L3 Technologies Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/28/2018

Corporate Minority

Peak Nano Systems

Yes

1

Other Investors

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$99M

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10

Date

2/28/2018

Round

Corporate Minority

Other Investors

Company

Peak Nano Systems

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Amount

$99M

New?

Yes

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Co-Investors

Sources

1

10

L3 Technologies Portfolio Exits

7 Portfolio Exits

L3 Technologies has 7 portfolio exits. Their latest portfolio exit was Coleman Research Group on August 18, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

8/18/2021

Acquired - II

$991

2

00/00/0000

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$991

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10

00/00/0000

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10

00/00/0000

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10

00/00/0000

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$991

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10

Date

8/18/2021

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Exit

Acquired - II

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Companies

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Valuation

$991

$991

$991

Acquirer

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Sources

2

10

10

10

10

L3 Technologies Acquisitions

41 Acquisitions

L3 Technologies acquired 41 companies. Their latest acquisition was Raytheon - Training Devices & Training Services on February 22, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

2/22/2020

$991

Acquired Unit

2

1/29/2019

$991

Acq - P2P

1

9/24/2018

Acquired

1

7/20/2018

Grant - X

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$99M

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10

7/11/2018

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$99M

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10

Date

2/22/2020

1/29/2019

9/24/2018

7/20/2018

7/11/2018

Investment Stage

Grant - X

Companies

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Valuation

$991

$991

Total Funding

$99M

$99M

Note

Acquired Unit

Acq - P2P

Acquired

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Sources

2

1

1

10

10

L3 Technologies Partners & Customers

10 Partners and customers

L3 Technologies has 10 strategic partners and customers. L3 Technologies recently partnered with U.S. Air Force, and Raytheon on March 3, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

3/30/2020

Client, and Vendor

U.S. Air Force, and Raytheon

United States

LOS ANGELES AIR FORCE BASE, Calif. --. SMC awards $500 million contracts to Raytheon and L3 Technologies Inc. > United States Space Force > News

`` This was a joint team from the start , a partnership between the Space and the Army Anti-Jam Modem , and included support from the -LSB- National Security Agency -RSB- . ''

1

3/30/2020

Client, and Vendor

Space and Missile Systems Center, and Raytheon

United States

LOS ANGELES AIR FORCE BASE, Calif. --. SMC awards $500 million contracts to Raytheon and L3 Technologies Inc. > Los Angeles Air Force Base > Article Display

`` This was a joint team from the start , a partnership between the Space and the Army Anti-Jam Modem , and included support from the -LSB- National Security Agency -RSB- . ''

1

1/14/2020

Client

U.S. Air Force

United States

Drone Simulator Market Outlook to 2023 – Top Companies are Havelsan A.S, Leonardo S.p.A, CAE Inc, General Atomics, Aegis Technologies etc

For instance , in 2015 , CAE Inc. and General Atomics signed a contract with the Italian air force to develop a Predator unmanned aerial system simulator .

1

4/10/2019

Client

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10

3/1/2019

Partner

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10

Date

3/30/2020

3/30/2020

1/14/2020

4/10/2019

3/1/2019

Type

Client, and Vendor

Client, and Vendor

Client

Client

Partner

Business Partner

U.S. Air Force, and Raytheon

Space and Missile Systems Center, and Raytheon

U.S. Air Force

Country

United States

United States

United States

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News Snippet

LOS ANGELES AIR FORCE BASE, Calif. --. SMC awards $500 million contracts to Raytheon and L3 Technologies Inc. > United States Space Force > News

`` This was a joint team from the start , a partnership between the Space and the Army Anti-Jam Modem , and included support from the -LSB- National Security Agency -RSB- . ''

LOS ANGELES AIR FORCE BASE, Calif. --. SMC awards $500 million contracts to Raytheon and L3 Technologies Inc. > Los Angeles Air Force Base > Article Display

`` This was a joint team from the start , a partnership between the Space and the Army Anti-Jam Modem , and included support from the -LSB- National Security Agency -RSB- . ''

Drone Simulator Market Outlook to 2023 – Top Companies are Havelsan A.S, Leonardo S.p.A, CAE Inc, General Atomics, Aegis Technologies etc

For instance , in 2015 , CAE Inc. and General Atomics signed a contract with the Italian air force to develop a Predator unmanned aerial system simulator .

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Sources

1

1

1

10

10

L3 Technologies Team

22 Team Members

L3 Technologies has 22 team members, including current Chief Executive Officer, Frank C. Lanza.

Name

Work History

Title

Status

Frank C. Lanza

Chief Executive Officer

Current

Gregg Bell

President

Former

Sylvia Byrd

President, Chief Financial Officer

Former

Jai Gupta

President

Former

Rich Hunter

President

Former

Name

Frank C. Lanza

Gregg Bell

Sylvia Byrd

Jai Gupta

Rich Hunter

Work History

Title

Chief Executive Officer

President

President, Chief Financial Officer

President

President

Status

Current

Former

Former

Former

Former

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