COVID Stimulus Watch Individual Entry
Recipient Company:
L-3 COMMUNICATIONS CORPORATION
Contract Amount:
$13
Recipient Details
Ownership Structure: publicly traded (ticker symbol LHX)
Facility Street Address: 7500 MAEHR RD
Facility City: WACO
Facility State: TX
Facility Zip Code: 767051632
Facility Congressional District: TX-17
Facility NAICS Code: 336411 : Aircraft Manufacturing
Award Details
Award Date: May 25, 2011
Award Type: contract
Award Details: Some contracts are funded with emergency and non-emergency funds. The award amount listed here represents only emergency funding for the contract. The total value of the contract may be higher. Award Description: AIRFRAME STRUCTURAL COMPONENTS
Program Name: Federal Contracts Funded by COVID-19 Relief Funds
Legislation: CARES
Awarding Agency: Defense Department
Data Source for Award:
https://www.usaspending.gov/search/?hash=25e8378bc443646cf2b174d65218b2ca
Parent Company Data
Parent Company: L3Harris Technologies
Headquartered in: Florida
Parent Sector: aerospace and military contracting
Parent Industry: aerospace & military contracting
Employees (prior to pandemic): 50,000
Accountability Issues Since 2010
Employment-related Penalties: $5,852,443
Government-contracting-related Penalties: $30,230,000
Environmental / Healthcare / Safety Penalties: $212,701
Consumer Protection / Financial / Competition-related Penalties: $14,700,000
Ratio of CEO Pay to that of Median Worker: 269 to 1
CEO Compensation: $15,745,630
Worker Median Pay: $58,426
Total Federal, State, and Local Subsidies: $83,821,390
Federal Corporate Income Tax Rate: 4.9%
Violation Tracker
Environment / Safety Issues
Consumer Protection Issues