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Stock impact report

L3 Collaborates With BAE Systems for SEA5000 Program Pursuit

JX Luxventure Limited (LLL) 
Last jx luxventure limited earnings: 5/1 06:20 am Check Earnings Report
US:NYSE Investor Relations: l3t.com/investor-relations
Company Research Source: Business Wire
– Company Contributes Innovative Technology and Australian Industrial Capability to Team – CANBERRA, Australia--(BUSINESS WIRE)-- L3 Technologies announced today that it will support the BAE Systems Power and Propulsion Team by providing the Integrated Platform Management System (IPMS) for the upcoming Royal Australian Navy (RAN) SEA5000 program pursuit. L3 was selected to provide the IPMS, as well as Controls and Instrumentation (C&I), for the nine Type 26 Global Combat Ships proposed for the SEA5000 program. If BAE is successful, the total value of this contract, which is expected to be awarded by the federal government in April or May, is AU$35 billion (approximately US$27.4 billion). The L3 IPMS provides integrated monitoring and control of warship propulsion, electrical, auxiliary and damage control machinery and systems along with advanced functionality, such as onboard trai Show less Read more
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