L-3 Teams with The Boeing Company for T-45 Competition
NEW YORK--(BUSINESS WIRE)--Dec. 12, 2007--L-3 Communications (NYSE: LLL) announced today that it has signed a teaming agreement with The Boeing Company (NYSE: BA) to provide Contractor Logistics Support (CLS) for 189 U.S. Navy Boeing-built T-45 Training System (T-45TS) aircraft from fiscal year 2009 through 2013. The L-3-led team will respond to a Request for Proposals (RFP) anticipated for release late this year by Naval Air Systems Command (NAVAIR).
T-45TS CLS was first awarded to L-3 in 2003, and was valued at $450 million through fiscal year 2008. The program employs more than 700 personnel based at Naval facilities in Kingsville, TX and Meridian, MS with responsibility for aircraft maintenance, supply chain management, ground based training systems, engineering services and carrier qualification detachments. The T-45TS is used to train flight students in the Undergraduate Jet Pilot Training Program as well as train prospective instructors.
"Since 2003, L-3 has provided world-class logistics support for our Navy customer and its critically important T-45 training mission," said Ed Boyington, President of L-3 Vertex, which is leading the program for L-3. "For the follow-on competition beginning FY 2009, our best-in-industry team will leverage L-3's 32-year CLS performance advantage, with Boeing's tremendous supply chain and logistics capabilities, providing an innovative, best-value solution for Naval Air Training."
Over the past T-45TS program year, L-3 has supported a total of 71,000 flight hours as the U.S. Navy winged 308 aviators (including U.S. Navy, U.S. Marine Corps. and Foreign) in Strike and E-2/C-2 aircraft. L-3 supported eight, 10-day carrier qualification detachments throughout the year, logging nearly 5,000 arrested landings (traps). Additionally, the company supported numerous detachments (including Air Combat Maneuver, Weapons, Road Recognition and Familiarization) from California to Florida.
Jim O'Neill, Vice President of Integrated Logistics, a division of Boeing's Integrated Defense Systems, said, "The T-45 is extremely important in the training of U.S. Navy and Marine pilots. We are proud to partner with L-3 to provide an innovative approach in offering the Navy a competitive, cost-effective solution to maintaining these airplanes."
Madison, Mississippi based L-3 Vertex Aerospace provides aviation and other aerospace technical services, primarily to government customers. With more than 11,000 employees working from 280 locations worldwide, L-3 Vertex is a subsidiary of L-3's Integrated Systems Group.
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.
A unit of The Boeing Company, Boeing Integrated Defense Systems is one of the world's largest space and defense businesses. Headquartered in St. Louis, Boeing Integrated Defense Systems is a $27 billion business. It provides systems solutions to its global military, government and commercial customers. It is a leading provider of intelligence, surveillance and reconnaissance; the world's largest military aircraft manufacturer; the world's largest satellite manufacturer and a leading provider of space-based communications; the primary systems integrator for U.S. missile defense; NASA's largest contractor; and a global leader in launch services.
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, C3ISR (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.
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," "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.
CONTACT: L-3 Communications Corporate Communications 212-697-1111 or L-3 Vertex Aerospace Chris Blount, 601-607-6411 Director, Communications or FD Investors: Eric Boyriven, Alexandra Tramont Media Contacts: Evan Goetz 212-850-5600
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