Thread regarding L3 Technologies layoffs

Vertex sale

Curious that Crestview and TCS are not mentioned in the Vertex sale. Anyone got any scoop?

by | Post ID:
1349 views | 12 replies (last )
Comment! It's anonymous! Reply to this post anonymously by submitting the form near the bottom of the page!

12 replies (most recent on top)

Its not farfetched and dont need hot buyer it called firesale. You can unload anything quick if the price is right

by | Post ID:

No leaks. Washington needs to take lessons. Several hot leads implies a bidding war and that seems a bit far fetched.

by | Post ID:

In order to meet that timeline they must have a couple of hot leads.

by | Post ID:

L3 hopes to have sale completed by mid 2018. Buyer in the wings?

by | Post ID:

One thing for sure, the Fat Cats at L3 won’t be paying it back. They are too busy golfing, yachting, and spending their I’ll gotten gains.

by | Post ID:

didn't Crestview receive a grant from the State of FL, so who pays that back?

by | Post ID:

Gypsies, tramps and thieves = L3 upper management team.

by | Post ID:

Monday’s email made it clear that Crestview Aerospace is, in fact, part of the package in the planned sale of Vertex Aerospace.

by | Post ID:

The new mantra is Growth, Growth, Growth. Making money isn't enough, you've got to make more and more and more money.

Other divisions take heed lest you find yourself on the chopping block as well.

by | Post ID:

L3 Corporate knew in September that is was going to divest Vertex and when the Aerospace sector was re-organized to include TCS and Crestview, it would consolidate the three to "sweeten" the deal,

L3 doesn't need another engineering company (TCS) because they have engineers in G'Ville and Waco twiddling their fingers, and they don't need another depot level facility because they have acres of unused concrete in G'Ville and Waco.

So you throw all of the under performing locations in one basket, and have a marketable product.

Corporate takes a profit hit, momentarily lowering the stock price but it has rebounded.

Vertex never fit into the L3 business plan because the profit margin doesn't meet the expectations of Corporate bean counters.

by | Post ID:

Crestview aerospace firm up for sale

/>

by | Post ID:

Are those part of Vertex? If so then they'll go with the rest of it. Of course when they sold NSS (formerly Stratis, formerly Titan, formerly any number of smaller companies they bought) they did keep a few bits that they thought were worthwhile.

by | Post ID:

Post a reply

:

Related pages


amazon ruskin jobsscientific games wmsteradata viewsadt boca ratontwcunemploymentge hydril800 746 7287kmart leaseconagra foods employmentqualcomm layofftime warner layoffsbank of america edd card sign indavid williams merklecapital one careers richmond vasears corporate chicagoar&t uverseel paso energy stockthelostogle comverizon nj headquarterskmart vista caseeking alpha oilwarn notice texastarget corporation in bangalorekellogg manufacturing locationsyahoo inc sunnyvalechacon autos dallas txbank of america 95815inside tgtcabelas sydney nepowell valley hospitalschlumberger pakistan officechevron jobs texashackett groupcamden general hospitalcci everestburlington coat factory illinoisfaisal masudvmware india jobsnimble storage comte connectivity layoffs 2012ruby tuesday nj locationswhiting petroleum corporationcabelas east grand forkskey energy lafayette lascotiabank carrersanchorage apple storeharris corporation rochester nyadvance auto parts corporatenarda l3chevron phillips saudi arabiastaples earnings callmicrochip tech incanthem in richmond vanorth central hospital bronx nydevon layoffsemergent biosystemsruby tuesday streetsborowhole foods hinsdalealtera forumseverance bonusiu north hospital addressverizon wireless headquarters new jerseybank of america jacksonville beach flverifone holdings incapple store in bakersfieldjobs cabelasmetlife auroraheald college salinasswn arkansasdiamond offshore incstate farm insurance bloomingtonrite aid distribution centertarget corporation layoffat&t sales executive salary