L3 Technologies Expands in Plano
L3 Technologies is expanding another one of its facilities in North Texas.
The L3 Advanced Systems & Technologies Facility in Plano recently broke ground on an $18 million expansion to increase radar and weapon systems engineering, test and development capabilities, and office space.
The level of technology L3 Technologies, Inc. (NYSE: LLL) will work on at the facility is advanced, as the test and development equipment is anticipated to cost $32 million over the next five years, a company spokesperson said.
"The facility actively supports four product lines that include more than a dozen individual radar systems with lifecycle phases ranging from development through early production," spokesperson Thais Hanson said. "In addition to radar work, (unmanned aircraft vehicles) and weapons work is performed at this facility."
The footprint of the facility will expand from 49,000 square feet to 84,000 when the project is completed next summer. The facility currently employs 320 people, of which about 110 joined this year. The company is looking to grow its presence at the facility, as the expansion can support 100 additional employees.
L3 made waves in October when it announced a merger with Harris Corp. (NYSE: HRS). The combined company will have revenue of more than $16 billion and be the sixth-largest defense contractor in the nation behind giants like Lockheed Martin, Raytheon, Boeing, Northrop Grumman and General Dynamics.
Two of the three business units L3 operates — Electronics Systems and Intelligence, Surveillance & Reconnaissance Systems (ISR) — are headquartered in North Texas.
While Electronics Systems is based in Arlington and ISR is in Plano, the L3 Advanced Systems & Technologies Facility is actually part of the Electronics Systems segment.
Another one of the key parts of Electronics Systems is a business called Link Training & Simulation which develops pilot training simulators. Link recently underwent a major expansion where it nearly doubled its Arlington facility to allow room for more pilots to come and train on their simulators.
ISR is also expanding. Company leadership told the Dallas Business Journal recently that the segment has more than 400 job openings as of this fall.