The company has not filed an annual or quarterly report since its Q1 FY2019 10-Q, filed May 1, 2019. Its latest SEC filing is a 15-12B from Jul 11, 2019.
10-Q for Q1 FY2019, filed May 1, 2019
The sections below describe the company as of the FY2018 annual report.
Sells intelligence, surveillance and reconnaissance systems, communications equipment, and electronic and sensor systems to government agencies, defense contractors and commercial customers.
10-K for FY2018, filed Feb 21, 2019L3 Technologies, Inc. (L3 Technologies, Inc. and, together with our subsidiaries, referred to herein as L3) is a prime contractor in…View ↗
In 2018, ISRS had net sales of $4,441 million, representing 43% of our total net sales. The businesses in this reportable segment provide…View ↗
In 2018, C&NS had net sales of $3,059 million, representing 30% of our total net sales. The businesses in this reportable segment provide…View ↗
In 2018, Electronic Systems had net sales of $2,744 million, representing 27% of our total net sales. The businesses in this reportable…View ↗
Government agencies and prime contractors pay under long-term contracts for the design, development, modification, upgrade and support of aerospace and electronic equipment. Bills are tied to work costs or milestones; standard goods are generally paid for at delivery and acceptance.
10-K for FY2018, filed Feb 21, 2019A substantial majority of the Company’s consolidated net sales are generated from long-term contracts with customers that require it to…View ↗
The majority of the Company's sales are from performance obligations satisfied over time and are primarily with agencies of, and prime…View ↗
The Company’s fixed-price type contracts with the U.S. Government typically allow for progress payments or performance-based payments.…View ↗
Sales from performance obligations satisfied at a point in time are typically for standard goods and are recognized when the customer…View ↗
$10.2B
10-K for FY2018, filed Feb 22, 2019
$10.2B ↗
U.S. government agencies and their prime contractors are the main buyers, alongside foreign governments and commercial customers. L3 sells both directly to end customers and as a subcontractor or supplier to prime contractors.
10-K for FY2018, filed Feb 21, 2019L3 Technologies, Inc. (L3 Technologies, Inc. and, together with our subsidiaries, referred to herein as L3) is a prime contractor in…View ↗
Direct sales to the end customer represented approximately 64% of our consolidated 2018 sales, and sales as a subcontractor or supplier…View ↗
Our sales are predominantly derived from contracts with agencies of, and prime system contractors to, the U.S. Government. Various U.S.…View ↗
Yes. It kept 10 cents of every revenue dollar as net income in FY2018.
10-K for FY2018, filed Feb 22, 2019
8-K, filed Jul 1, 2019
As described above, on June 29, 2019, L3 and Harris completed their previously announced Merger. As a result of the Merger, L3 became a…View ↗
8-K, filed Jun 21, 2019
On June 20, 2019, L3 and Harris entered into an agreement with the Department of Justice to hold separate and preserve Harris’ Night Vision…View ↗
8-K, filed May 1, 2019
NEW YORK, May 1, 2019 - L3 Technologies, Inc. (NYSE: LLL) today reported diluted earnings per share (EPS) from continuing operations of…View ↗
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