L3 Technologies Launches L3 Commercial Aviation Driven by Increasing Customer Demand for a More Integrated Solution
July 13 2018 - 11:06AM
Business Wire
L3 Technologies (NYSE:LLL) announced today the launch of L3
Commercial Aviation. The business, which brings together key
components of L3’s commercial aviation offerings, will be the first
of its kind to integrate both on- and off-aircraft products and
services for aviation customers. The business will provide
customers across the aviation sector with aligned and holistic
solutions to support the safety and efficiency of their
operations.
The launch of L3 Commercial Aviation is the latest evolution of
L3’s presence in this sector and is a key component of its growth
strategy. The new bundle of offerings will combine L3’s full suite
of services in commercial aviation, including the development and
management of on-aircraft avionics, integrated security solutions
and complete pilot training offerings.
“L3 Commercial Aviation is an example of our company’s
transformation to deliver end-to-end solutions in support of
customer requirements, specifically in the global aviation
industry,” said Christopher E. Kubasik, L3’s Chairman, Chief
Executive Officer and President. “L3 Commercial Aviation will
provide a more integrated and tailored service to our customers
worldwide.”
“This combination focuses L3’s efforts to facilitate the
demanding passenger journey from airport curbside, through
in-flight, and to arrival at the final destination safely, securely
and efficiently,” continued Todd W. Gautier, L3’s Senior Vice
President and President of its Electronic Systems business segment.
“Air travel is changing, and L3 Commercial Aviation has aligned our
products and offerings to be more connected and to effectively meet
our customers’ evolving needs.”
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
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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
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forward-looking statements speak only as of the date made, and the
company undertakes no obligation to update these forward-looking
statements.
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