L3 WESCAM up Nine Spots on Canada’s Top 100 Corporate R&D Spenders 2018
– Over 50 Years of Innovation in Canada –
BURLINGTON, Canada, November 12, 2018 – L3 WESCAM announced today that it has moved up nine spots to number 72 in this year’s ranking of Canada’s Top 100 Corporate Research and Development Spenders, as published today by Research Infosource, one of the country’s sources of R&D intelligence.
“Like Canada’s Defence Strategy, L3 remains proud of our strong Canadian workforce, our capable and secure technologies, and our passion to innovate and engage with our Defence and Security partners. As a prime contractor and trusted system provider, we are well positioned to generate strong innovative products and solutions today and well into the future,” said Matt Richi, President of L3 WESCAM.
L3 WESCAM increased their R&D investment in 2017 by 4.9% to $26.4 Million, an investment that benefits customers in Canada and around the world.
L3 WESCAM is a world leader in the design and manufacture of stabilized, multi-spectral imaging systems. To learn more about L3 WESCAM, please visit the company’s website.
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 training. The company reported 2017 sales of $9.6 billion. To learn more about L3, please visit the company’s website at L3T.com