L-3 Integrated Systems and Tobyhanna Army Depot Sign Teaming Agreement
NEW YORK--(BUSINESS WIRE)--Feb. 1, 2007--L-3 Communications (NYSE: LLL) announced today that its Integrated Systems (L-3 IS) subsidiary and Tobyhanna Army Depot in Pennsylvania have signed a Teaming Agreement (TA). In the event that L-3 wins the Joint Cargo Aircraft (JCA) Program, the agreement will serve as the basis for a long-term, strategic partnership between Tobyhanna and L-3 IS for JCA logistics support requirements and future aircraft support opportunities.
"L-3 is proud to team with Tobyhanna on the C-27J Spartan offering for the JCA program," said Bob Drewes, President and Chief Operating Officer of L-3 Integrated Systems Group. "This agreement is the beginning of a public-private partnership relationship that will bear fruit in the form of better support to the 'last tactical mile' of the Global War on Terror and better stewardship of taxpayer dollars."
Each party to the agreement brings complementary capabilities and objectives to the relationship. L-3 IS seeks to provide high-quality, cost-effective logistics and engineering solutions for the JCA throughout its lifecycle. Tobyhanna's strategic objective in the TA is to identify and implement acquisition, logistics and program management techniques to provide the best possible JCA support to the war fighter, while ensuring best long-term value for the program.
"This partnership agreement will enable our two teams to provide enhanced support to our joint war fighters. As the Army's Center of Industrial and Technical Excellence, we bring decades of experience on critical communications-electronics systems. We look forward to the opportunity to bring our expertise to this program," said Col. Ron Alberto, Commander of Tobyhanna Army Depot.
The focus areas of the TA are product support, supply chain management and depot-level maintenance. The depot's organic capabilities in these areas would augment and complement L-3 IS's own logistics support to the C-27J fleet.
Located in northeastern Pennsylvania, Tobyhanna Army Depot is a worldwide enterprise for the repair, overhaul and integration of Department of Defense (DoD) command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) systems, with more than 40 forward repair activities here and overseas.
L-3 IS, headquartered in Greenville, Texas, leads a team in the JCA competition offering the C-27J Spartan as the best-value solution to meet the U.S. Air Force's and U.S. Army's medium tactical airlift needs. The team includes Alenia North America, Inc. (a Finmeccanica company), Boeing (NYSE: BA) and Global Military Aircraft Systems (GMAS).
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 is a leading provider of Intelligence, Surveillance and Reconnaissance (ISR) systems, secure communications systems, aircraft modernization, training and government services. The company is a leading merchant supplier of a broad array of high technology products, including guidance and navigation, sensors, scanners, fuzes, data links, propulsion systems, simulators, avionics, electro optics, satellite communications, electrical power equipment, encryption, signal intelligence, antennas and microwave components. L-3 also supports a variety of Homeland Security initiatives with products and services. Its customers include the Department of Defense, Department of Homeland Security, selected U.S. Government intelligence agencies and aerospace prime contractors.
To learn more about L-3 Communications, please visit the company's Web site at www.L-3Com.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" 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, Vice President, Corporate Communications, 212-697-1111 Or L-3 Integrated Systems Edie Cartwright, 903-457-4604 Or Financial Dynamics Investors: Eric Boyriven/Alexandra Tramont, 212-850-5600 Or Media: Evan Goetz, 212-850-5600
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