Boeing Awards U.S. Navy F/A-18 Component Repairs to L-3 MAS.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- L-3 Communications (NYSE NYSE See: New York Stock Exchange : LLL LLL abbr. left lower lobe (of the lung) ) announced today that its MAS (L-3 MAS) subsidiary in Mirabel, Quebec has been awarded a $7.52 million contract by The Boeing Company (Boeing) for the repair of 32 F/A-18 aircraft Outer Wing Panels for the U.S. Navy. This is the latest in an ongoing series of awards to L-3 MAS by Boeing for F/A-18 Outer Wing Panels. Outer Wing Panels are a basic structural component of the F/A-18 wing, which is typically folded up during aircraft carrier operations or in confined spaces. These repairs mitigate the risk of critical failures due to age, corrosion and metal fatigue, as part of corrective maintenance procedures for the aircraft. The U.S. Navy currently operates over 800 F/A-18 aircraft. "This award is another important step in our relationship with Boeing," said Sylvain BE[umlaut]dard, president of L-3 MAS. "We have developed unique processes over the last 20 years of working on the Canadian fleet of CF-18 aircraft, which now provides us with the means to offer competitive solutions to Boeing and their end customers. This award for U.S Navy components underscores our evolving ability to compete in the U.S. market." "Boeing is pleased to partner again with L-3 MAS in support of the U.S. Navy's FA-18's," said Al DeQuetteville, vice president of Boeing in Canada. "This contract with L-3 MAS is another example of how Boeing works to ensure that Canada benefits from direct and indirect opportunities and economic benefits throughout the country." L-3 MAS is among Canada's leading providers of aircraft in-service support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . L-3 MAS employs more than 1,000 people at its operating centres in Cold Lake, Ottawa, Mirabel, Bagotville and Williamtown (Australia). To learn more about L-3 MAS, please visit the company's web site at www.L-3Com.com/mas. 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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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. 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" 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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