L-3 Communications' EER Systems, Inc. Awarded Contract Supporting the Air Force's Air Combat Command.Business Editors NEW YORK--(BUSINESS WIRE)--May 7, 2002 L-3 Communications (NYSE NYSE See: New York Stock Exchange :LLL LLL abbr. left lower lobe (of the lung) ) announced today that EER EER - An extended entity-relationship model. Systems, Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of L-3, has been awarded a contract to integrate Measurements and Signatures Intelligence (MASINT MASINT Measurement and Signatures Intelligence MASINT Measurement and Signal Intelligence ) capability into the Air Force Distributed Common Ground System (AF DCGS DCGS Distributed Common Ground System DCGS Distributed Common Ground Station DCGS Distributed Common Ground/Surface System (US DoD) DCGS Delaware County Genealogical Society (Ohio and Pennsylvania) ). This task order was awarded under the General Services Administration's ANSWER (Applications 'n' Support for Widely-diverse EndUser Requirements) contract. The initial value of the award is $3.3 million through March of 2003, with options providing a total potential contract value of $57.4 million through 2008. The AF DCGS simultaneously tasks and receives, processes, exploits, and disseminates multi-discipline intelligence data from national, theater, tactical, and commercial collection assets in a distributed environment to support national, joint, combined, and Air Force operations. "This key award builds on EER's extensive background in supporting the intelligence community," said Dr. Jai N. Gupta, president of L-3 EER Group. "We are very pleased to have the opportunity to support the Air Force's leading edge development in this area." Responsibilities under this contract include MASINT functional/program management, exploitation and analysis operations, operational planning, system development, integration, and training. Additionally, EER along with L-3 Communications Analytics Corporation, will support Headquarters Air Combat Command, Directorate of Intelligence; Intelligence, Surveillance and Reconnaissance Intelligence, Surveillance and Reconnaissance may refer to:
EER Systems, Inc., based in Chantilly, VA, is a recognized industry leader providing a wide range of technology-based services, support, and products to federal, state, and local governments and to the private sector. Founded in 1979, EER's primary business areas include information technology, systems engineering, wide-area security systems, technology-based maintenance aids, business and program management services, and intelligence community support. 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 merchant supplier of Intelligence, Surveillance and Reconnaissance (ISR) products, secure communications systems and products, avionics and ocean products, training products, microwave components and telemetry, instrumentation, space and wireless products. Its customers include the Department of Defense, selected US government intelligence agencies, aerospace prime contractors and commercial telecommunications and wireless customers. 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. |
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