Want to cash in on the “terror” craze without taking hostages? Investment analysts will tell you how:
Companies involved in airport security such as L-3 Communications Holdings Inc. appear relatively well positioned…ÊAs the global recession eases there has been a rise in air traffic. This coupled with the continued threat of terrorism, exemplified by the recently foiled attacks, will likely lead to higher spending in cargo and passenger security.
No. of employees: 65,000 EDIT
Parent company: L 3 COMMUNICATIONS HOLDINGS INC EDIT
Related company names: L 3 COMMUNICATIONS GOVERNMENT, L-3 COMMUNICATIONS GOVERNMENT, L-3 COMMUNICATIONS AEROSPACE LIMITED LIABILITY COMPANY, L-3 SERVICES INC, L-3 COMMUNICATIONS VERTEX AEROSPACE LLC, SY TECHNOLOGY DIVISION OF L-3, L-3 COMMUNICATIONS TITAN CORPORATION, L-3 COMMUNICATIONS CORPORATION, L-3 COMMUNICATIONS TITAN CORPORATION, L-3 GLOBAL COMMUNICATIONS SOLUTIONS INC, L-3 COMMUNICATIONS AEROSPACE LIMITED LIABILITY COMPANY, L-3 SERVICES INC, L-3 COMMUNICATIONS CORPORATION, L-3 COMMUNICATIONS ESSCO INC, L-3 INSIGHT TECHNOLOGY INCORPORATED EDIT
Top military customer: US Department of Defense EDIT
Aggregate value of contracts from top customer in years 2000-2011: 53,354,296,448
Number of contracts represented in that total: 103,274
SOURCE EDIT LOCATIONS
Top owner (institutional): EDIT
Other owners: Michael T. Strianese, Alan H. Washkowitz, Curtis Brunson, Ralph Dambrosio EDIT
Other executives: Curtis Brunson, Richard A. Cody, Ralph G. D’Ambrosio, Steven M. Post EDIT
Other lobbyists: American Defense International, Potomac Advocates, RPI Group EDIT
Other political donees: Loretta Sanchez (D-CA), Silvestre Reyes (D-TX), Patrick J. Murphy (D-PA), Jim Matheson (D-UT), Steve Israel (D-NY), Ralph M. Hall (R-TX), Chet Edwards (D-TX), Maurice Hinchey (D-NY), Ike Skelton (D-MO) SOURCE EDIT
Annual political campaign giving (average or most recent year): $400,800 EDIT
Associated people: EDIT
L-3 Communications Corp.Éhas paid the U.S. $4 million to settle allegations that the company submitted false and inflated claims to the Army for hours worked by the firmÕs employees on a contract supporting military operations by the United States in Iraq, the Justice Department announced today. L-3 Vertex Aerospace, based in Madison, Miss., has an ongoing contract with the U.S. Army to provide helicopter maintenance services at Camp Taji, Iraq. The settlement announced today resolves allegations that L-3 submitted false time records and inflated claims for hours worked by company employees at Camp Taji, during periods from March 2004 through August 2005.
Original record type: US Army, 2009
Last updated on Feb. 25, 2011 with contributions from Corey Pein, Dave Maass.