COVID Stimulus Watch Individual Entry

Recipient Company:
L-3 COMMUNICATIONS VERTEX AEROSPACE LLC
Contract Amount:
$17,577

Recipient Details

Ownership Structure: publicly traded (ticker symbol LHX)
Facility Street Address: 555 INDUSTRIAL DR S
Facility City: MADISON
Facility State: MS
Facility Zip Code: 391109072
Facility Congressional District: MS-3
Facility NAICS Code: 488190 : Other Support Activities for Air Transportation

Award Details

Award Date: Sep 28, 2020
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: MAINT/REPAIR/REBUILD OF EQUIPMENT- AIRCRAFT AND 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 icon
Employment-related Penalties: $5,852,443
Contracting icon
Government-contracting-related Penalties: $30,230,000
Environment icon
Environmental / Healthcare / Safety Penalties: $212,701
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $14,700,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 269 to 1
CEO Compensation: $15,745,630
Worker Median Pay: $58,426
Tax icon
Total Federal, State, and Local Subsidies: $83,821,390
Federal Corporate Income Tax Rate: 4.9%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources