News & Events: Press Release
L-3 COMMUNICATIONS AWARDED DISPLAY
SYSTEM FOR THE LINE-OF-SIGHT ANTI-TANK PROGRAM
NEW YORK--(BUSINESS WIRE)--April
16, 2001-- L-3 Communications (NYSE:LLL) announced today that
its Display Systems division has been awarded a contract from
Lockheed Martin Missiles and Fire Control to provide the Display
System for the Line-of-Sight Anti-Tank Program (LOSAT). The contract
will be valued at approximately $2 million, plus production options
for a total potential of over $6 million.
The LOSAT Weapon System is comprised
of a hypervelocity Kinetic Energy Missile (KEM) and associated
fire control system integrated into an expanded capacity High
Mobility Multipurpose Wheeled Vehicle. LOSAT provides the US Army
an affordable, air-droppable system with overwhelming KEM lethality
against advanced armor, bunkers, and hardened structures.
The Display System consists of a
Controls & Displays Manager (CDM) and 2 BattleView/15 Tactical
Displays. The system provides both the operator and commander
the means to locate, identify and engage targets on the complex
digital battlefield.
L-3 Display Systems developed the
BattleView/15 to meet the military's needs for ruggedized lightweight,
tactical, high-resolution displays for vehicle operators on the
battlefield. L-3's LOSAT Display System is based on the latest
Active Matrix Liquid Crystal Display (AMLCD) flat panel technology,
advanced processors, software and interfaces.
"L-3's LOSAT Display System is a
state-of-the-art, affordable system that is unique in its ability
to meet the demanding requirements of ground vehicles and other
forces," said Bob McGill, president of L-3 Display Systems. "The
inclusion of this hardware in the LOSAT System provides the ability
to view high resolution video and tactical information crucial
for all operators on the complex digital battlefield."
L-3 Display Systems specializes
in the design, development and manufacture of ruggedized display
systems for highly demanding applications. L-3's product line
includes cathode ray tube displays, active matrix liquid crystal
flat panel displays and display processor electronics.
Headquartered in New York City,
L-3 Communications is a leading merchant supplier of secure communications
systems and products, avionics and ocean products, training products,
microwave components and telemetry, instrumentation, space and
wireless products. Its customers include the Department of Defense,
selected U.S. government intelligence agencies, aerospace prime
contractors and commercial telecommunications and wireless customers.
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. 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.
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