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L3 Technologies Increases Quarterly DividendL3 Technologies (NYSE:LLL) announced today that its Board of Directors has increased the company's regular quarterly cash dividend from $0.75 to $0.80 per share. The Board has also declared the next dividend payable on March 15, 2018 to shareholders of record at the close of business on March 1, 2018. "Our 14th consecutive annual dividend increase underscores the Board's continued confidence in our growth strategy and our robust cash flow," said Christopher E. Kubasik, L3's Chief Executive Officer and President. "We will continue our disciplined approach to grow and invest in the company to increase shareholder value, including returning cash through quarterly dividends." Headquartered in New York City, L3 Technologies employs approximately 31,000 people worldwide and is a leading provider of a broad range of communication, electronic and sensor systems used on military, homeland security and commercial platforms. L3 is also a prime contractor in aerospace systems, security and detection systems, and pilot traiing. The company reported 2017 sales of $9.6 billion. To learn more about L3, please visit the company's website at www.L3T.com. L3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L3 is routinely posted on the company's website and is readily accessible.
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