• About
    • Mission
    • Biographical Information
    • Contact Us
  • Defense
  • Energy
  • Logistics
  • Innovation
  • In the News
  • Follow
  • Like
  • Linkedin
  • Youtube
June 7, 2019Loren B. Thompson, Ph.D

← Back
← Previous Post
Next Post →

Defense Contractor L3 Technologies Surges As It Prepares To Enter Big Leagues (From Forbes)

June 7, 2019Loren B. Thompson, Ph.D

After spending much of its corporate history as a very-low-visibility supplier to America’s military, L3 Technologies is stepping out on the eve of its merger with Harris Corporation.  The resulting combination will be the sixth-biggest military contractor in the world, but as the company told reporters this week, even before the deal is consummated CEO Chris Kubasik has brought major changes to L3’s culture.  He has divested most services to focus on technology, he has realigned operating units, and he has pressed subordinates to find functional synergies in support of agile innovation.  Kubasik’s moves seem to be paying off: revenues are up, margins are expanding, and book-to-bill is running at 1.25x.  Once L3 and Harris get together, they will be a formidable force in the defense market.  I have written a commentary for Forbes here.

Print | PDF | EMail

Find Archived Articles:

This entry was posted in Defense. Bookmark the permalink.
Sign Up For
LexNext Emails
1600 Wilson Boulevard - Suite 203
Arlington, VA 22209 USA
Phone: 703.522.5828
Fax: 703.522.5837
© 2023 Lexington Institute

Sign Up for LexNext Emails

  • This field is for validation purposes and should be left unchanged.

Sign Up for LexNext Emails

  • This field is for validation purposes and should be left unchanged.