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L-3 Awarded Two Contracts in Support of Iraq and Special Operations

NEW YORK, Mar 11, 2010 (BUSINESS WIRE) -- L-3 Communications (NYSE: LLL) announced today that its STRATIS division has been awarded a three-year contract valued at $230.9 million to provide intelligence support services to United States and multinational forces in Iraq. L-3 has been successful in the recompetition of this firm-fixed-fee contract, with a scope of service extending to November 2012.

L-3 will provide program management, counterintellience support, intelligence analysis, intelligence planning and multimedia exploitation services at various forward operating bases and facilities throughout Iraq. Work on this initiative will be performed both in Iraq and Tampa, Fla.

A second award to STRATIS was a one-year contract valued at $24.8 million to provide imagery analysis services in support of the U.S. Special Operations Command (USSOCOM). This competitively-won cost-plus-fixed-fee contract includes the initial base year and four option years, with a scope of service extending to November 2014.

"In both instances, we are proud to have the opportunity to provide continuous support to our multinational forces participating in Operation Iraqi Freedom in the vital areas of intelligence analysis, planning and program management," said Les Rose, president of L-3 STRATIS. "This effort complements our initiative in support of USSOCOM and its vital mission of conducting critical intelligence operations. Our seasoned professionals take great pride in their ability to make a significant contribution to our overall national security effort."

Headquartered in New York City, L-3 Communications employs approximately 67,000 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 2009 sales of $15.6 billion.

To learn more about L-3, please visit the company's Web site at L-3 uses its Web site as a channel of distribution of material company information. Financial and other material information regarding L-3 is routinely posted on the company's Web site and is readily accessible.

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," "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.

SOURCE: L-3 Communications

L-3 Communications
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