{"id":31472,"date":"2018-08-02T17:25:48","date_gmt":"2018-08-02T17:25:48","guid":{"rendered":"https:\/\/one.sightlinemg.com\/defensenews\/uncategorized\/2018\/08\/02\/l3-shuffles-business-to-create-new-isr-division\/"},"modified":"2026-08-08T18:17:50","modified_gmt":"2026-08-08T18:17:50","slug":"l3-shuffles-business-to-create-new-isr-division","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/defensenews\/industry\/2018\/08\/02\/l3-shuffles-business-to-create-new-isr-division\/","title":{"rendered":"L3 shuffles business to create new ISR division"},"content":{"rendered":"\n

WASHINGTON \u2014 L3 Technologies announced a significant business reorganization Aug. 2, one that creates a new intelligence, surveillance and reconnaissance (ISR) systems segment. The company is combining its aerospace systems and sensor systems segments to form the new ISR-focused segment, which it projects will bring in $4.7 billion in sales in 2018.<\/p>\n\n\n\n

Jeffrey A. Miller, corporate senior vice president and president of sensor systems, will lead the new segment. Following the successful transition, Mark Von Schwart, the current president of aerospace systems, will retire from the company. Von Schwartz has led L3\u2032s aerospace division since June 2015.<\/p>\n\n\n\n

Speaking to Defense News in June 2018<\/a>, Chris Kubasik, L3\u2032s chief executive, hinted the company may be undergoing organizational changes to capitalize on market opportunities that match the company\u2019s capabilities.<\/p>\n\n\n\n

\u201cIt used to be each of the divisions would have their own strategy and pursue their own growth. And many times one or two would sign an exclusive agreement with an [original equipment manufacturer],\u201d he said. \u201cBy changing that strategy and talking about collaboration up the food chain, everybody embraced the idea of working together. So I think it was change of leadership, change of strategy and change of expectations.\u201d<\/p>\n\n\n\n

A focus on electronics and sensors has also driven L3\u2032s acquisition strategy. In the same interview, Kubasik said ISR technologies \u201care our high-growth segments with good margins. And we talk internally about earning the right to grow. So as entities are well-run and fixed and generating cash we try to give them priority over other segments, which still have organic challenges.\u201d<\/p>\n\n\n\n

Following L3\u2032s $540 million sale of Vertex<\/a>, the company acquired Azimuth Security and Linchpin Labs<\/a>, collectively known as L3 Trenchant, for approximately $200 million. Miller said in a press release these companies are “pioneering intelligence solutions \u2014 the \u2018I\u2019 in ISR \u2014 [and] give our customers an intelligence advantage through next-generation network security and threat mitigation.\u201d<\/p>\n\n\n\t