NEW YORK--(BUSINESS WIRE)--Jun. 8, 2009--
L-3 Communications (NYSE: LLL) announced today that its Command &
Control Systems and Software (C2S2) division has been awarded a
follow-on contract by the U.S. Navy to support its Aircraft Structural
Life Surveillance (ASLS) program. This five-year contract consists of a
base year plus four option years, with a total contract value of $47.8
million.
L-3 will provide engineering and information services under this
contract to safely and efficiently manage the structural life of the
Navy’s fixed and rotary wing aircraft.
“The monitoring of aircraft service life limits is increasingly
significant as requirements for long-term operational usage often exceed
planned service life,” said John Medea, president of L-3 C2S2. “This
program supports the Navy’s objective to further implement an aggressive
service life management plan to optimize its aircraft inventory.”
Mr. Medea noted that L-3’s application of proven engineering processes
has contributed to the success of the Navy’s Structural Appraisal of
Fatigue Effects (SAFE) program, resulting in this follow-on award.
"After a 10-year incumbency, we look forward to L-3’s continued
participation in developing comprehensive, cost-effective, and
responsive solutions for the SAFE program and its supporting acquisition
programs,” he continued.
L-3 C2S2, headquartered in Eatontown, N.J., has more than 3,400
employees worldwide. Command & Control Systems and Software (C2S2)
assists its customers in moving technology from concept to deployment by
providing Systems and Software Engineering and Integration, Software
Development, Sustainment and Modernization, Training, Field Support
Services, and Logistics capabilities. To learn more about L-3 C2S2
please visit the company’s Web site at www.L-3Com.com/C2S2.
Headquartered in New York City, L-3 Communications employs approximately
65,000 people worldwide and is a prime contractor in aircraft
modernization and maintenance, C3ISR (Command, Control,
Communications, Intelligence, Surveillance and Reconnaissance) systems
and government services. L-3 is also a leading provider of high
technology products, subsystems and systems. The company reported 2008
sales of $14.9 billion.
To learn more about L-3, please visit the company's Web site at www.L-3com.com.
L-3 uses its Web site as a channel of distribution of material company
information. Financial and other material information regarding L-3 is
routinely posted on the company’s Web site and is readily accessible.
Safe Harbor Statement Under the Private Securities Litigation Reform
Act of 1995
Except for historical information contained herein, the matters set
forth in this news release are forward-looking statements. Statements
that are predictive in nature, that depend upon or refer to events or
conditions or that include words such as "expects," "anticipates,"
"intends," "plans," "believes," "estimates," “will,” "could" and similar
expressions are forward-looking statements. The forward-looking
statements set forth above involve a number of risks and uncertainties
that could cause actual results to differ materially from any such
statement, including the risks and uncertainties discussed in the
company's Safe Harbor Compliance Statement for Forward-looking
Statements included in the company's recent filings, including Forms
10-K and 10-Q, with the Securities and Exchange Commission. The
forward-looking statements speak only as of the date made, and the
company undertakes no obligation to update these forward-looking
statements.
Source: L-3 Communications
L-3 Communications
Corporate Communications
212-697-1111
or
L-3
Command & Control Systems and Software (C2S2)
Mark Lauer,
703-434-5037
Sr. VP for Strategy & Business Development
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