| NEW YORK, Feb 24, 2010 (BUSINESS WIRE) -- L-3 Communications (NYSE: LLL) announced today that its MPRI division
has been awarded a $58 million firm-fixed-price task order with the
government of Equatorial Guinea to establish a Maritime Security
Enhancement Program (MSEP). This task order is the first part of a
multi-year contract, with a potential value of approximately $250
million. The MSEP is designed to provide nationwide coastal surveillance
coverage for the Republic of Equatorial Guinea.
"This important contract award represents a strategic opportunity to
contribute not only to the vital maritime security of Equatorial Guinea,
but also provides a thoughtful approach toward establishing long-term
stability for the entire region," said Jim Jackson, general manager for
MPRI's International Group.
The MSEP envisions completion of a surveillance site network and
operations centers in Equatorial Guinea within three years. This would
be followed up by two years of sustainment and maintenance support for
an estimated contract total of five years.
Headquartered in Alexandria, Va., MPRI is a recognized global leader in
national security, law enforcement, the environment, international
development and public health programs - both domestically and abroad.
All of MPRI products, people and programs are governed by the division's
commitment to quality and ethics. For further information, please visit
the company's Web site at www.mpri.com.
Headquartered in New York City, L-3 Communications employs over 66,000
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 2009 sales of $15.6 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
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