L-3 to Provide New Smaller, Lighter Night Vision Goggles to U.S. Special Operations Command
NEW YORK--(BUSINESS WIRE)--Mar. 6, 2012 -- L-3 Communications (NYSE: LLL) announced today that its Warrior Systems – Insight Technology unit has been awarded a $50 million firm-fixed-price, indefinite-delivery/indefinite-quantity (ID/IQ) contract for Binocular Night Vision Devices (BNVD) for use by the U.S. Special Operations Command.
The equipment will provide special operations forces with enhanced surveillance, identification, recognition and detection capability in all light conditions, especially where vision is limited or restricted due to low light conditions.
“Our BNVD is a miniature dual-tube goggle that incorporates advanced optics and the highest performance image intensifier tubes in a clever mechanical format that makes it the world’s smallest, lightest, best-performing and most cost-effective product available,” said Ken Solinsky, president of L-3 Warrior Systems. “This innovation is the result of a collaborative internal effort and serves as a clear example of how the integration of L-3’s Warrior Systems businesses leads to significant new products and contract awards that expand our business base.”
The U.S. Navy’s Naval Surface Warfare Center has awarded this contract.
L-3 Warrior Systems is a world leader in the development and production of advanced night vision and electro-optical systems and components. Warrior Systems supports all branches of the United States military, including elite military units, law enforcement, first responder agencies, allied nations and consumers by developing and delivering laser aiming and illumination devices, laser rangefinder systems, handheld and clip-on thermal imaging and fusion systems, wireless technology, holographic weapon sights, and advanced components. To learn more, please visit www.L-3com.com/WarriorSystems.
Headquartered in New York City, L-3 employs approximately 61,000 people worldwide and is a prime contractor in C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems, aircraft modernization and maintenance, and government services. L-3 is also a leading provider of a broad range of electronic systems used on military and commercial platforms. The company reported 2011 sales of $15.2 billion.
To learn more about L-3, please visit the company’s website at www.L-3com.com. L-3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L-3 is routinely posted on the company’s website and is readily accessible.
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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 “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.
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