NEW YORK--(BUSINESS WIRE)--Sept. 2, 2008--L-3 Communications
(NYSE: LLL) today announced that its Integrated Systems Group has been
awarded a $60.6 million contract to produce new outer wings for U.S.
Navy P-3 aircraft.
Under the program, L-3 will produce four sets of new wings for the
U.S. Navy, which will extend the life of its critical P-3 maritime
patrol and surveillance aircraft fleet. The company developed modern
tooling that will result in the production of the most advanced wing
configuration available, using the U.S. Navy's latest P-3 parts and
materials for improved resistance to fatigue and corrosion.
"Producing new wings for the U.S. Navy further demonstrates our
P-3 expertise, which includes airframe and wing refurbishment, in
addition to full mission systems development and integration," said
Mike Holmes, vice president of Federal Programs for L-3 Integrated
Systems. "L-3 provides competitive solutions, capacity and best value
to maritime surveillance operators throughout the world."
L-3 Integrated Systems has more than 50 years of aircraft
modification experience and has modified more than 350 P-3 aircraft
for many customers including the U.S. Navy, U.S. Customs and Border
Protection, Australia, Canada, Greece, Korea and New Zealand. L-3's
experience and capability includes a workforce with current P-3
experience, as well as critical tooling, data and material necessary
to support all P-3 initiatives.
L-3 Integrated Systems Group develops and integrates defense and
commercial technology for U.S. and allied customers worldwide.
Headquartered in Greenville, Texas, L-3 IS has more than five decades
of experience in the development of complex intelligence, surveillance
and reconnaissance systems; command and control; and secure
communications. It is recognized internationally as a systems
integration organization specializing in the modernization and
maintenance of aircraft of all sizes. It is a leader in advanced
technologies for signal processing, electronic countermeasures, sensor
development and aircraft self-protection. Systems provided or
maintained by L-3 IS help protect military and civilian personnel,
bases, assets and national borders throughout the world.
Headquartered in New York City, L-3 Communications employs over
64,000 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 2007
sales of $14 billion.
To learn more about L-3, please visit the company's Web site at
www.L-3Com.com.
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," "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.
CONTACT: Lance Martin
Manager, Public Relations
L-3 Integrated Systems
254-867-7001
SOURCE: L-3 Communications
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