L-3 Awarded Contract for United Kingdom Project LISTENER
NEW YORK--(BUSINESS WIRE)--Oct. 23, 2007--L-3 Communications (NYSE: LLL) announced today that it has been awarded a contract for the Assessment Phase of Project LISTENER for the United Kingdom's Ministry of Defence (MOD).
Project LISTENER integrates sensor products in order to provide actionable intelligence against selected targets and to achieve interoperability between U.K. ISTAR assets and U.S. and Coalition systems and networks. LISTENER leverages the experience of L-3's Network Centric Collaborative Targeting (NCCT) program, which networks Command and Control (C(2)) and Intelligence, Surveillance and Reconnaissance (ISR) assets to dramatically improve target location accuracy, timeliness and combat identification for the war fighter.
The Assessment Phase is a $2 million (GBP 1 million), 10-month engineering effort focused on risk reduction and solution definition. L-3 was one of two preferred bidders for this phase of the program. Main Gate approval is expected in 2009 for follow-on demonstration and manufacturing through 2015. The LISTENER capability is expected to remain in service until approximately 2035.
"Project LISTENER is blazing the trail for U.K. network-enabled capability," said Bob Drewes, President of L-3's Integrated Systems Group. "It takes advantage of our success in fielding the Network Centric Collaborative Targeting capability, modified for U.K. collection, processing, dissemination, and security context."
L-3 will be prime contractor for the effort, providing program management, airborne platform integration, and systems engineering for requirements development and test and evaluation. The company leads the KAIROS Consortium, a team which includes U.K. partner companies QinetiQ (land and sea platform integration, system architecture, technology development, training and human factors) and LogicaCMG (integrated logistics support, security and communications). L-3 has committed to perform at least 60 percent of the LISTENER effort in the U.K., and has set up a LISTENER project office in Tewkesbury, near the MOD customer.
Ron Cook, Vice President of L-3's London Operations, added, "L-3 has assembled a top-flight team with QinetiQ and LogicaCMG, two of the U.K.'s leading firms in Intelligence, Surveillance, Target Acquisition, and Reconnaissance (ISTAR). The L-3 solution combines proven performance and a sovereign solution."
L-3 Integrated Systems (L-3 IS) 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 63,000 people worldwide and is a prime system contractor in aircraft modernization and maintenance, C(3)ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems and government services. L-3 is also a leading provider of high technology products, systems and subsystems. The company reported 2006 sales of $12.5 billion.
To learn more about L-3, please visit the company's web site at www.L-3Com.com.
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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 "will," "expects," "anticipates," "intends," "plans," "believes," "estimates," 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: L-3 Communications Cynthia Swain, 212-697-1111 Vice President, Corporate Communications or Jason Decker, 903-457-4604 or FD Investors: Eric Boyriven, Alexandra Tramont Media: Evan Goetz 212-850-5600
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