L-3 Communications' EER Systems, Inc. Awarded Delivery Order to Provide Upgrades to The U.S. Marine Corps' AV-8B Maintenance Training Devices.Business and Technology Editors NEW YORK--(BUSINESS WIRE)--Sept. 10, 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 an order by the U.S. Navy to modify existing maintenance training devices for the AV-8B aircraft. The primary use of the modified training devices will be to teach troubleshooting skills necessary to maintain AV-8B Harrier II Plus systems. The total value of the contract with all options exercised is $8 million. This order was competitively awarded under Lot I of the Naval Air Training Systems Division's (NAVAIR NAVAIR Naval Air Systems Command TSD TSD Tay-Sachs disease. ) FY2000 training systems contract. The scope involves the design and modification of the landing gear systems maintenance training device to the radio detection and ranging (RADAR) configuration. There are options for additional RADAR upgrades and also for the integration of the open systems core avionics requirements (OSCAR (Open System for CommunicAtion in Realtime) AOL's internal project name for AOL Instant Messenger (AIM). The core functions of OSCAR, known as the Basic OSCAR Services (BOS), include Login/Logoff, Locate (find out about other AIM users), Instant Message ) upgrade into the maintenance training devices. The work will be performed at EER's Orlando, Florida facility. Each training device consists of a cockpit, fuselage, instructor operator station, simulation computer, and input/output subsystem. The upgrades include the modification of both hardware and software to integrate the new RADAR and OSCAR upgrades into the existing training devices. Key features of EER's proposed RADAR approach include maximum use of commercial off-the-shelf (COTS) equipment and reuse of existing software, as well as maximum commonality of design with the existing modified suite of training devices. Key features of EER's proposed OSCAR approach include a design that takes advantage of using the operational flight program as a "drop-in" component and the use of a common COTS design across all training devices. These features will provide the Marines with cost effective, highly reliable, and supportable training devices with reduced life-cycle costs. "This key award builds on EER's impressive background in supporting the Department of Defense's training and simulation efforts," said Robert Urso, president of L-3's EER Systems, Inc. "We are very pleased to have the opportunity to support the U.S. Marine Corps and the U.S. Navy in this critical area." EER Systems, Inc., based in Chantilly, Virginia, 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 services, systems engineering, integrated security solutions, business and program management, and intelligence community services. 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 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 U.S. 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 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. 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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