KIRKWOOD, N.Y. — L3 Link Training & Simulation plans to move its Binghamton–area operations to a new site on Industrial Park Drive near its existing facility in the town of Kirkwood in Broome County.
It also plans to add to an existing structure and will occupy a total of 105,000 square feet of space on-site, Empire State Development (ESD) said in a news release.
The company — a division of New York City–based L3 Technologies Inc. — specializes in aviation training and simulation and intelligence, surveillance, and reconnaissance (ISR), and other communications and electronic systems.
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L3 expects to move all 120 employees to the new location and will create at least 13 new jobs.
The company plans to be operating at the new facility in the first quarter of 2019, with the entire project set for completion by August.
In order to ensure that L3 Link Training & Simulation remained in New York state, ESD is providing up to $1.5 million through a Regional Council capital-fund grant and through the Excelsior jobs program in exchange for job-creation commitments. The Agency, the rebranded name of the Broome County Industrial Development Agency (IDA), will also provide incentives for the project. The total project cost is pegged at $9.46 million. The Agency’s board of directors oversees both the IDA and the Broome County Local Development Corporation (LDC).
About L3
L3 has about 31,000 employees worldwide. It develops advanced defense technologies and commercial solutions in pilot training, aviation security, night vision and EO/IR, weapons, maritime systems, and space.
The company reported 2017 sales of $9.6 billion, ESD said.
“Moving to this new facility reinforces our position as a leader in aviation training and simulation and will help us continue to make valuable contributions to both the Binghamton economy and military training,” Lenny Genna, president of L3 Link Training & Simulation, said in the ESD news release. “An important part of L3’s heritage began in Binghamton nearly a century ago with pilot training pioneer Ed Link. We look forward to continuing to operate here with the strong support the local and state legislators and development leaders who helped make this move possible.”
Contact Reinhardt at ereinhardt@cnybj.com
