NEW YORK--(BUSINESS WIRE)--
L-3 Communications (NYSE: LLL), prime contractor for the U.S. Army
and Air Force Joint Cargo Aircraft (JCA) program, announced today that
it has presented the first C-27J JCA to the joint program office on
schedule and on budget. The aircraft is the first of 78 planned to be
delivered to the Department of Defense. The current contract is valued
in excess of $2 billion.
"We are very proud to have achieved this critical milestone in
meeting our commitment to our customer," said Michael T. Strianese,
president and chief executive officer of L-3. "With Alenia, we have
consistently performed well throughout all phases of the JCA program,
and we look forward to continuing to lead this successful effort."
"L-3, Alenia Aeronautica and Alenia North America have worked very
hard to ensure that we present the C-27J on time to the U.S. Army,"
said Pier Francesco Guarguaglini, chairman and CEO of Finmeccanica,
parent company to aircraft manufacturer Alenia Aeronautica. "This
event demonstrates our group's capability and our strong commitment to
the U.S. market."
A formal ceremony marking the first aircraft delivery will take
place in October at L-3's facility in Waco, Texas.
The C-27J Spartan was selected in June 2007 as the Joint Cargo
Aircraft. The first aircraft arrived at L-3's Waco facility Aug. 14
from Alenia Aeronautica's Caselle final assembly plant in Turin, Italy
to receive unique modifications and testing. The second JCA is
currently undergoing testing in Italy and will arrive in Waco in
October to be delivered to the customer in November.
The C-27J is a mid-range, multifunctional and interoperable
aircraft able to perform logistical re-supply, MEDEVAC, troop
movement, airdrop operations, humanitarian assistance and homeland
security missions for the U.S. Army and U.S. Air Force. The C-27J will
replace the U.S. Army's C-23 Sherpa and portions of the US Army's C-12
and C-26 fleet. The C-27J will augment the U.S. Air Force's existing
fleet of intra-theater airlifters. The aircraft will play a key role
in providing responsive aerial sustainment and critical re-supply
support for the maneuver force to maintain operational momentum.
The C-27J Spartan has been in production in Italy since 2001 and
has been delivered to Bulgaria, Greece, Italy and Lithuania. It has
also been ordered by Romania with deliveries scheduled to begin in
2009. Orders to-date, follow-on contracts, as well as international,
foreign military and variant sales, are expected to extend orders for
the C-27J to more than 200 aircraft.
The C-27J Spartan is the latest in a successful tradition of
military airlifters, including the C-27A Spartan and the G.222, which
have been deployed by the United States, NATO, Coalition Forces, the
United Nations and Italy in support of military and humanitarian
operations in Albania, Armenia, Bosnia, Cambodia, Congo, Operations
Desert Shield and Storm, East Timor, Eritrea, Ethiopia, Honduras,
Kosovo, Libya, Mali, Panama, Rwanda, Somalia, Uganda and Yemen. C-27A
Spartans are currently carrying out vital counter-drug activities for
the United States in Central and South America.
About L-3
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.
About Alenia North America
Alenia North America is a subsidiary of Alenia Aeronautica and
part of the Finmeccanica Group. Its mission is to further expand the
industrial and commercial presence of the Alenia Group in North
America. Alenia North America Inc. is headquartered in Washington,
D.C. with offices in Seattle, Washington; Long Beach, California; Fort
Worth, Texas; and Smyrna, Georgia. Alenia North America - Canada, a
subsidiary wholly owned by Alenia North America, has offices in
Ottawa, Canada. Alenia North America is also a shareholder in several
joint venture companies located in the United States. Global
Aeronautica, a joint venture with The Boeing Company, located in North
Charleston, South Carolina, performs significant integration and
sub-assembly work for the Boeing 787 program. Global Military Aircraft
Systems (GMAS), a joint venture with L-3 Communications Integrated
Systems, is a center of excellence to support the C-27J in North
America. GMAS is headquartered in Madison, Mississippi. Alenia North
America has recently announced its intent to establish a new final
assembly and production facility for the C-27J in Jacksonville,
Florida. The C-27J is the world leader in the twin engine military
tactical aircraft market with 121 units sold worldwide. The C-27J was
selected by the U.S. Army and Air Force for the Joint Cargo Aircraft
(JCA) Program.
For more information about Alenia North America, please visit
www.aleniana.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," "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
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