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Thu, January 8, 2009

L-3 Awarded $61 Million Contract for Canadian Halifax Class Frigate Upgrade


Published on 2009-01-08 07:15:26, Last Modified on 2009-01-08 07:16:31 - Market Wire
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NEW YORK--([ BUSINESS WIRE ])--L-3 Communications (NYSE: LLL) announced today that its MAPPS division has been awarded a $61 million contract (CAD $73 million) to supply its Integrated Platform Management System (IPMS) upgrade for the Canadian Navy's 12 Halifax Class frigates. The IPMS will modernize the frigate's ship control system and improve the operational effectiveness of the vessels.

"This award reinforces our position as the premier supplier of ship control systems to the Canadian Navy," said Steve Kantor, president of L-3 Marine and Power Systems Group. "It is one of the largest control system contracts ever awarded – a single contract for 12 large frontline naval ships."

The L-3 IPMS is based on a proven open-architecture design and features Versa Module Europa-based remote terminal units. The new IPMS incorporates a damage control system and electrical control system. It also offers new advanced functionality with equipment health monitoring, an on-board training system, CCTV integration and an interface with the ship's new combat management system. Several training simulators will also be delivered to the support facilities of the Canadian Navy.

The Halifax Class frigate (hull designation FFH) is a class of multi-role patrol frigates that have served the Canadian Forces since 1992. HMCS Halifax (FFH 30) was the first of an eventual twelve Canadian-designed and built vessels, which combine traditional anti-submarine capabilities with systems to deal with surface and air threats. In 2007, the Canadian government announced a planned refit of the Halifax Class known as the Halifax Class Modernization Project or alternately as the Frigate Life Extension.

The Halifax Class IPMS program follows on the heels of the selection of L-3's IPMS in October 2008 for the Future Aircraft Carrier (CVF) project by Thales UK for the United Kingdom's Ministry of Defense.

L-3 MAPPS, a division of the L-3 Marine & Power Systems group, has over 25 years of experience in pioneering technological advances in the marine automation field and over 35 years of experience in delivering high-fidelity power plant simulation to leading utilities worldwide. In addition, the company has more than three decades of expertise in supplying plant computer systems for Canadian heavy water reactors. L-3 MAPPS also provides targeted controls and simulation solutions to the space sector.

To learn more about L-3 MAPPS, please visit the company's Web site at [ www.L-3com.com/MAPPS ].

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.

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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.

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