L3 Technologies Selects Microsoft Azure Government in Strategic Cloud Initiative
March 27 2018 - 9:00AM
Business Wire
L3 Technologies (NYSE:LLL) announced today a five-year strategic
cloud computing collaboration with Microsoft, selecting Azure
Government to transform the processes and speed at which it
delivers IT resources throughout its global operations. L3
Technologies is the first aerospace and defense sector company to
enter into a datacenter transformation agreement of this kind with
Microsoft.
“This new element of L3’s ongoing collaboration with Microsoft
will fundamentally change the way we use data to boost our
productivity, drive down costs and deliver even greater value to
our customers worldwide,” said Christopher E. Kubasik, L3’s Chief
Executive Officer and President. “We have been able to move quickly
to use the power and cost benefits of Microsoft Azure Government to
manage some of our most demanding IT workloads and standardize
shared services and the systems that keep our operations running
smoothly. Optimizing our IT capability creates long-term
efficiencies and is a central element of our integration strategy
to accelerate our entrepreneurship and growth.”
Azure Government is a strong fit to address L3’s highly dynamic
demand for computing and storage power by providing hyperscale
cloud capabilities and the highest compliance and security to
compete globally in an evolving, data-driven environment. Azure
Government, Microsoft’s cloud built exclusively for U.S. government
agencies and their partners, currently covers more than 70 major
certifications and attestations.
“L3 is taking a very strategic approach to cloud, aggressively
modernizing to drive current and future growth and open up new
business opportunities. As part of our long-term collaborative
relationship, they have already been successful using Microsoft
Office 365 for US Government and Dynamics 365 Government. With
their latest selection of Azure Government, L3 is now tapping into
the full breadth of Microsoft’s government cloud capabilities,”
said Judson Althoff, Executive Vice President of Worldwide
Commercial Business at Microsoft.
Headquartered in New York City, L3 Technologies employs
approximately 31,000 people worldwide and is a leading provider of
a broad range of communication, electronic and sensor systems used
on military, homeland security and commercial platforms. L3 is also
a prime contractor in aerospace systems, security and detection
systems, and pilot training. 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 1995Except 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/20180327005166/en/
L3 TechnologiesCorporate Communications212-697-1111
L3 Technologies, Inc. (NYSE:LLL)
Historical Stock Chart
From Mar 2024 to Apr 2024
L3 Technologies, Inc. (NYSE:LLL)
Historical Stock Chart
From Apr 2023 to Apr 2024