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News & Events: Press Release
L-3 COMMUNICATIONS AWARDED SHIPBOARD
WORKSTATION CONTRACT FROM BOEING
NEW YORK, NY, May 25, 2000 -- L-3 Communications
(NYSE:LLL) announced today that its Display Systems division has
been awarded a contract from The Boeing Company to provide shipboard
workstations for the Virtual Imaging System for Approach and Landing
(VISUAL) program. L-3 Display Systems is teamed with Boeing for
the contract from NAWC Lakehurst and Naval Air Systems Command Headquarters
(NAVAIR). The L-3 contract value will exceed $14 million, including
options.
VISUAL is a major system upgrade to the aircraft
recovery monitoring and display systems aboard U.S. Navy aircraft
carriers and amphibious assault ships. The existing system, which
supports the Landing Signal Officer (LSO) in assessing the pilot's
performance on final approach, is obsolete and inadequate in meeting
current and future operational requirements.
Under this contract, L-3 will develop and manufacture
a new ruggedized workstation comprised of four 15-inch color active
matrix liquid crystal displays, processing electronics, and system/display
software. This new workstation will provide the LSO with advanced
technology, improving the capability for the safe and efficient
recovery of aircraft.
"This contract is significant in that it represents
a new product and a new market for L-3 Display Systems," said Robert
McGill, President of L-3 Display Systems. "It expands our market
depth and builds upon L-3's long partnership with the U.S. Navy
building high performance displays and processing suites for the
LCAC, F-14, E-2C and S-3B platforms. This initial contract for shipboard
workstation systems is significant as we continue to broaden L-3's
relationship with the U.S. Navy and Boeing."
L-3 Display Systems specializes in the design, development
and manufacture of ruggedized display systems for highly demanding
applications. L-3 Display Systems' product line includes cathode
ray tube displays, active matrix liquid crystal flat panel displays
and display processor electronics.
L-3 Communications is a leading merchant supplier
of secure communications systems and products, avionics and ocean
systems, microwave components and telemetry, instrumentation, space
and wireless products. Its customers include the Department of Defense
(DoD), U.S. government intelligence agencies, aerospace and defense
prime contractors and commercial telecommunications and cellular
customers.
To learn more about L-3 Communications, please visit
the company's website 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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