Michael T Strianese Net Worth is4.0 $Million
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Company Name: L-3 Communications Holdings Inc.
Company Logo: Image:L3Communications.png
Company Type: Public company
Traded As: LLL, S&P 500
Foundation: 1997
Key People: Michael T. Strianese,
Location City: 600 Third Avenue, New York City, New York
Location Country: United States
Industry: Aerospace engineering, Defense (military)
Products: AVCATT, numerous specialized components
Revenue: url
Operating Income: net income
Assets: equity
Num Employees: 61,000 (2011) Homepage: [http://www.l-3com.com L-3Com.com]
L-3 Communications Holdings, Inc. is an American company that supplies command and control, communications, intelligence, surveillance and reconnaissance (C3ISR) systems and products, avionics, ocean products, training devices and services, instrumentation, space, and navigation products. Its customers include the Department of Defense, Department of Homeland Security, U.S. Government intelligence agencies, NASA, aerospace contractors and commercial telecommunications and wireless customers.
L-3 is headquartered in Murray Hill, Manhattan, New York City.
L-3 (named for Frank Lanza, Robert LaPenta, and Lehman Brothers) formed in 1997 from the purchase of ten former Lockheed Corporation business units when Lockheed merged in 1996 with Martin Marietta. The new Lockheed Martin was uninterested in owning these ten units.
L-3 has continued to expand through mergers and acquisitions to become one of the top ten U.S. government contractors.
As of 2008, L-3 is organized under four business segments:
Frank Lanza, CEO and co-founder, died on June 7, 2006. CFO Michael T. Strianese was named as interim CEO, and was appointed President and CEO of the company on October 23, 2006.
In May 2008, Emad al-Janabi sued L-3 and CACI for physical and mental abuse from employees while he was detained at the Abu Ghraib prison in Baghdad, Iraq. L-3 was named in the lawsuit because it had acquired Titan, which supplied all translators at the prison, while CACI had provided interrogators.
In 2010 it was announced that L3's Special Support Programs Division had been suspended by the United States Air Force from doing any contract work for the US federal government. A US Department of Defense investigation had reportedly found that the company had, "used a highly sensitive government computer network to collect competitive business information for its own use." A US federal criminal investigation ended the temporary suspension on July 27, 2010.
Wholly Owned Subsidiaries

Michael T Strianese Net Worth, 3.3 out of 5 based on 3 ratings

Michael T Strianese Latest News

L-3 unit begins KC-10 tanker support

"As a CLS [contractor logistics support] provider, L-3 is committed to delivering excellent performance to the Air Force," said Michael T. Strianese, L-3's Chairman and Chief Executive Officer. "This KC-10 contract award gives L-3 the opportunity to ...
Posted: October 12, 2016, 5:24 am

L-3 to Broadcast Third Quarter Conference Call Over the Internet

Michael T. Strianese, Chairman and Chief Executive Officer; Christopher E. Kubasik, President and Chief Operating Officer; and Ralph G. D’Ambrosio, Senior Vice President and Chief Financial Officer; will host the call. Please allow 15 minutes prior to ...
Posted: October 13, 2016, 3:58 pm

L-3 to Supply Joint Common Remote Viewing Terminal to U.K. Ministry of Defence

"We have broad expertise in this interoperable, advanced communications technology, which will be a key component of the British Land Forces and Royal Navy's future communications programs," said Michael T. Strianese, L-3's Chairman and Chief Executive ...
Posted: October 24, 2016, 9:41 am
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