L3 Announces Business Segment Realignment
JX Luxventure Limited (LLL)
Last jx luxventure limited earnings: 5/1 06:20 am
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Source: Business Wire
Aerospace Systems and Sensor Systems Combine to Form ISR Systems Segment Mark R. Von Schwarz to Retire NEW YORK--(BUSINESS WIRE)-- L3 Technologies (NYSE:LLL) announced today that the company is realigning its business segments to maximize growth and improve its integration and collaboration across the enterprise. Effective immediately, Aerospace Systems will combine with Sensor Systems to form the new Intelligence, Surveillance & Reconnaissance (ISR) Systems segment, which will heighten L3’s focus on developing and delivering best-in-class global ISR and signals intelligence (SIGINT) solutions. The segment will be led by Jeffrey A. Miller, corporate Senior Vice President and President of Sensor Systems, and have combined estimated 2018 sales of $4.7 billion. Mark R. Von Schwarz, President of Aerospace Systems, will retire from the company after the transition is
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