Australia Announces Intent to Provide Sole Source F/A-18 Training Contract to Raytheon and L-3 Communications.Business Editors NEW YORK--(BUSINESS WIRE)--Nov. 19, 2003 The Commonwealth of Australia Commonwealth of Australia: see Australia. has announced it has entered into a Deed of Agreement with Raytheon Australia and L-3 Communications' (NYSE NYSE See: New York Stock Exchange : LLL LLL abbr. left lower lobe (of the lung) ) Link Simulation and Training division to provide the Royal Australian Air Force The Royal Australian Air Force (RAAF) is the Air Force branch of the Australian Defence Force. The RAAF began in March 1914 as the Australian Flying Corps and became a fully independent Air Force in March 1921. (RAAF) with a modern F/A-18 Hornet Aircrew Training System (HACTS). The HACTS program will provide high fidelity F/A-18 simulators, modern instructional systems and an advanced, open networking infrastructure that will support both individual and team training. This modern training system - which will be a major evolutionary leap forward in the RAAF's F/A-18 training realism and readiness - will accurately mirror theater-specific readiness training. This advanced aircrew training system is planned to include at least three high fidelity, Link-built F/A-18 Tactical Operational Flight Trainers that can be networked to form an interoperable, synthetic combat environment. The HACTS is being procured under the RAAF Hornet Upgrade Phase 2 program and is envisioned to support the entire RAAF F/A-18 training continuum. Link Simulation and Training is a systems integration organization that delivers and supports training systems and equipment designed to enhance operational proficiency. Link's services include conducting front end analysis, simulator design and production, and field support. Link has its headquarters operation in Arlington, TX and other key bases of operation in Binghamton, NY, Orlando, FL, Broken Arrow, OK, and Phoenix, AZ. Headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , L-3 Communications is a leading provider of Intelligence, Surveillance and Reconnaissance Intelligence, Surveillance and Reconnaissance may refer to:
Homeland Security executive department - a federal department in the executive branch of the government of the United States , selected U.S. government intelligence agencies and aerospace prime contractors. 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. 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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