L3 Receives 2018 Cogswell Award for Outstanding Industrial Security Practices
NEW YORK--(BUSINESS WIRE)--Jun 11, 2018--L3 Technologies (NYSE:LLL) announced today that its AMI division in Broken Arrow, Oklahoma, has won a 2018 James S. Cogswell Outstanding Industrial Security Achievement Award from the U.S. Department of Defense, Defense Security Service (DSS). L3 is one of 39 recipients of this year’s award from a field of approximately 13,300 cleared defense contractor facilities.
The Cogswell Award is the highest honor a company can receive for the handling of classified information with integrity, discretion and proven reliability. The 2018 award marks the 14 th consecutive year that L3 has achieved one or more Cogswell Awards for its industry-leading security practices, and this is the 26 th Cogswell Award that L3 has received since 2005. L3 AMI specializes in the design and production of electromechanical simulation instruments and integrated training system hardware for aviation, maritime and custom applications.
“Receiving this important award demonstrates our enduring commitment to benchmark security practices that protect our nation,” said Christopher E. Kubasik, L3’s Chairman, Chief Executive Officer and President. “We’re very proud of our security professionals who aspire every day to meet or exceed the requirements of our customers at the national level. This recognition validates their hard work and unwavering dedication.”
“This special recognition from DSS reflects the innovative spirit that drives us in meeting the challenges of an escalating global threat environment,” said Vincent L. Jarvie, L3’s Vice President of Corporate Security. “Staying vigilant in the security arena is a key component of our strategy of continuous improvement. It makes us a better company, and it’s the right thing to do.”
Cogswell Award nominees are competitively ranked by a national review team, with DSS making the final selections. Winning security programs must exceed National Industrial Security Program requirements and demonstrate leadership in best practices, while maintaining the highest security standards.
Headquartered in New York City, L3 Technologies employs approximately 31,000 people worldwide and is a leading provider of a broad range of communication, electronic and sensor systems used on military, homeland security and commercial platforms. L3 is also a prime contractor in aerospace systems, security and detection systems, and pilot training. The company reported 2017 sales of $9.6 billion.
To learn more about L3, please visit the company’s website at www.L3T.com. L3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L3 is routinely posted on the company’s website and is readily accessible.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “will,” “could” and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the company’s Safe Harbor Compliance Statement for Forward-Looking Statements included in the company’s recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.
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CONTACT: L3 Technologies
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: TECHNOLOGY SATELLITE SECURITY MANUFACTURING AEROSPACE DEFENSE CONTRACTS
SOURCE: L3 Technologies
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PUB: 06/11/2018 09:00 AM/DISC: 06/11/2018 09:01 AM