L-3 Communications Link Simulation and Training Awarded $43.7 Million Contract to Maintain C-9 Aircraft
NEW YORK--(BUSINESS WIRE)--March 12, 2007--L-3 Communications (NYSE: LLL) announced today that its Link Simulation and Training (L-3 Link) division was awarded a $43.7 million contract from the U.S. Navy to serve as prime contractor on the C-9 Contractor Logistics Support (CLS) program. Should the U.S. Navy exercise four additional annual contract options, potential contract value of the C-9 CLS program could grow to approximately $230 million.
L-3 Link is responsible for overall program management for the C-9 CLS, encompassing aircraft depot, engine depot and site support at six U.S. Navy, U.S. Marine Corps and U.S. Air Force installations.
In its various configurations 24 medium-range C-9 aircraft provide the U.S. military with passenger transportation, cargo transportation and special missions support. Two C-9 aircraft also are operated by NASA to support microgravity researchers who are conducting studies in a reduced gravity environment. The C-9 fleet, built from the mid-1960s through the mid-1990s, eventually will be replaced by a fleet of long-range logistical support C-40A Clippers.
"L-3 Link and our industry partners, Goodrich Corporation's Aviation Technical Services division, Pacific Gas Turbine Center and Patriot Aviation Services, are well positioned to assume responsibility in providing uninterrupted contractor logistics support to the C-9 fleet," said David Williams, Vice President of Training Services at L-3 Link. "L-3 Link's experience in performing similar scopes of work over the past two years on the C-40A CLS and E-6 In Flight Trainer programs have provided valuable insight into how we can effectively support the C-9 fleet and bring synergies to the C-40 and C-9 programs."
In support of the C-9 fleet, L-3 Link will maintain site support staff at six locations, including Naval Air Station (NAS) Whidbey Island, WA; NAS Oceana, VA; NAS Atlanta, GA; NAS Willow Grove, PA; Marine Corps Air Station Cherry Point, NC; and Scott Air Force Base, IL.
L-3 Link is a systems integration organization that delivers and supports training systems and equipment to enhance operational proficiency. L-3 Link's current services include conducting front-end analysis, program design, simulator design, production and field support, and aircraft logistics support. L-3 Link has major operations in Arlington, TX, and other key bases of operation in Binghamton, NY; Orlando, FL; Broken Arrow, OK and Phoenix, AZ.
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
Link Simulation & Training
Rick Oyler, 817-619-3536
Or
Financial Dynamics
Investors:
Eric Boyriven / Alexandra Tramont, 212-850-5600
or
Media:
Evan Goetz, 212-850-5600
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