NEW YORK, December 15, 2008 – L-3
Communications (NYSE: LLL) announced today that its WESCAM subsidiary
has been awarded a $90 million indefinite delivery/indefinite quantity
(ID/IQ) contract from the U.S. Air Force Aeronautical Systems Center
(ASC). The initial order under the ID/IQ is for MX-15Di turrets
with deliveries to begin in 2009.
“WESCAM’S MX turrets display excellent imaging capabilities,
target location accuracy and reliability, and have quickly become
the backbone of the Air Force’s ISR aircraft,” said
John Dehne, president of L-3 WESCAM. “This award underscores
our ability to rapidly provide leading-edge EO/IR technology to
aid our Global War on Terror.”
L-3 WESCAM is a world leader in the design and manufacture of
stabilized, multi-spectral airborne imaging systems. To learn more
about L-3 WESCAM, please visit the company’s Web site at www.wescam.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.
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.
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