Science & Technology
Science and Technology
Science and Technology
Wed, February 18, 2009 L-3 Awarded Systems, Software & Planning Contract by U.S. Navy
NEW YORK--([ BUSINESS WIRE ])--L-3 Communications (NYSE: LLL) announced today that its Command & Control Systems and Software (C2S2) division has been awarded an indefinite delivery, indefinite quantity (ID/IQ) contract by the U.S. Navy for software, planning and engineering services tasks. This is a one-year award with four optional years. If all options are exercised, it would be valued at $87.4 million.
Under this contract, L-3 will provide a broad array of services including support for intelligence, surveillance and reconnaissance (ISR) systems; unmanned aerial vehicle (UAV) motion imagery software development, emergency preparedness planning, technology validation, and mission training for the Navy's ISR & Information Operations Department, various joint programs and the Federal Emergency Management Agency and Department of Homeland Security.
"Our solid program performance and commitment to our naval customer over the past five years has resulted in this follow-on award," said John Medea, president of L-3 C2S2. "By blending information technology and software capabilities from across our services business, our L-3 team will continue to be a cost-effective, low-risk source for ISR systems support and extended applications to other Navy and joint programs."
L-3 C2S2, headquartered in Marlton, N.J., has more than 3,400 employees worldwide. Command & Control Systems and Software (C2S2) assists its customers in moving technology from concept to deployment by providing Systems and Software Engineering and Integration, Software Development, Sustainment and Modernization, Training, Field Support Services, and Logistics capabilities. To learn more about L-3 C2S2please visit the company's Web site at [ www.L-3Com.com/C2S2 ].
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 2008 sales of $14.9 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.
