L3 Technologies has acquired Doss Aviation.The acquisition was completed on September 12, 2017, and the terms were not disclosed.
Doss Aviation is projected to generate approximately $50 million in annual sales for the calendar year ending December 31, 2017 and to be accretive to L3’s earnings. The business will be renamed L3 Doss and will be integrated into L3’s Electronic Systems business segment, the company said in a statement Thursday.
Doss Aviation is the sole provider of initial flight training for U.S. Air Force pilots and was recently authorized to train international military pilots. Doss owns and operates a full-service, turnkey training facility in Pueblo, Colorado, where it offers curriculum coursework and flight training for both fixed-wing and unmanned aircraft pilots and weapons officers. Doss also provides instructor pilots for rotary-wing aircraft for the U.S. Army, as well as global airfield service support activities at U.S. government bases, including aircraft and bulk refueling services and aircraft component repair and modification.
“Doss Aviation is a strategic addition to the L3 training portfolio as the sole provider of U.S. Air Force Initial Flight Training (IFT),” said Todd W. Gautier, L3’s Senior Vice President and President of its Electronic Systems business segment.
L3 Technologies (L3 KEO) is being awarded $7 million contract for MK 20 Electro-Optical Sensor System (EOSS) and MK 46 Optical Sight System retrofit, refurbishment, and upgrade services and depot spares. This order includes options, which, if exercised, would bring the cumulative value of this contract to $17,224,144, a US DoD release said
L3 Vertex is being awarded an $8.8 million contract for organizational and intermediate-level aircraft maintenance on three Kuwaiti KC-130J aircraft
US firms Air Tractor and L3 will be offering their jointly developed AT-802L Longsword aircraft to participate in the fly-off at Holloman Air Force Base, New Mexico on Aug. 8 and 9
L3 Technologies (LLL) has won a contract to provide 800-horsepower transmission kits for the Republic of Korea Armys K21 Infantry Fighting Vehicle and the Light Recovery Vehicle programs. L3 has supported the countrys armed forces with advanced military vehicle transmission systems since 1999
L-3 Communications has been selected by the government of Kuwait to provide maintenance and logistics services to its KC-130J aircraft. The contract estimated $6 million is expected to be completed by August 2015
L-3 Communications has won contract from the Missile Defense Agency (MDA) to provide Medium-Range Ballistic Missile (MRBM) target vehicles for use in tests of missile defense systems. The initial value of the award is approximately $73 million, with additional options valued at more than $400 million over the next five years
L3 Technologies and Optics 1 will compete for each order of the $236 million contract for the Small Tactical Optical Rifle Mounted Micro-Laser Range Finder. Bids were solicited via the Internet with two received
L3 Technologies has won $218 million contract for the procurement of new training systems, as well as hardware and software upgrades and modifications to existing F/A-18C/D/E/F and EA-18G aircrew training systems for the US Navy. This contract will also support software configuration set upgrades, engineering change proposals, Naval Aviation Simulation Master Plan upgrades and spare parts for hardware deliverables, the US department of defense said in a statement Friday
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