L-3 Supplies U.S. Army with Handheld Mine Detectors Valued at $26 Million
NEW YORK--(BUSINESS WIRE)--April 7, 2008--L-3 Communications (NYSE: LLL) announced today that it will provide AN/PSS-14 mine detection systems and accessories to the U.S. Army. This order totals $26 million and represents the fourth full-rate production contract for this product. Since this contract was awarded in 2006, the total value of orders received exceeds $90 million, with an overall anticipated value in excess of $300 million over 10 years.
A pioneering development in handheld countermine technology, the AN/PSS-14 combines ground-penetrating radar and advanced data fusion algorithms with highly sensitive metal detection to identify lethal land mines with vastly increased speed and accuracy. Developed by L-3 CyTerra under the U.S. Army Handheld Standoff Mine Detection System (HSTAMIDS) program, the AN/PSS-14 differentiates live mines from metal debris and clutter with life-saving efficiency.
"The rapid acceptance of this groundbreaking technology by the U.S. Armed Forces demonstrates their confidence in L-3 and an unwavering commitment to utilize the best equipment available to protect our troops in the Middle East and around the world," said Craig Coy, president of L-3's Homeland Security Group. "Mine detection and clearance is an extraordinarily dangerous mission. We are proud to produce a device that will improve the reliability and scope of detection to help save lives."
To learn more about L-3 CyTerra, please visit the company's Web site at www.cyterracorp.com.
Headquartered in New York City, L-3 Communications employs over 64,000 people worldwide and is a prime 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, subsystems and systems. The company reported 2007 sales of $14 billion.
To learn more about L-3, please visit the company's Web site at www.L-3Com.com.
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CONTACT: L-3 CyTerra Jim Bergen, 781-697-2505 SOURCE: L-3 Communications