Science & Technology
Science and Technology
Science and Technology
Tue, December 16, 2008
Mon, December 15, 2008
L-3 WESCAM Awarded $90 Million Contract from U.S. Air Force
NEW YORK--([ BUSINESS WIRE ])--L-3 Communications (NYSE: LLL) announced today that its WESCAM subsidiary has been awarded a $90 million indefinite delivery/indefinite quantity (ID/IQ) contract from the U.S. Air Force Aeronautical Systems Center (ASC). The initial order under the ID/IQ is for MX-15Di turrets with deliveries to begin in 2009.
"WESCAM'S MX turrets display excellent imaging capabilities, target location accuracy and reliability, and have quickly become the backbone of the Air Force's ISR aircraft," said John Dehne, president of L-3 WESCAM. "This award underscores our ability to rapidly provide leading-edge EO/IR technology to aid our Global War on Terror."
L-3 WESCAM is a world leader in the design and manufacture of stabilized, multi-spectral airborne imaging systems. To learn more about L-3 WESCAM, please visit the company's Web site at [ www.wescam.com ].
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 ]. 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.
