L-3 Communications' Link Simulation and Training Awarded New F/A-22 Pilot Trainer Production Contract.Business Editors/High-Tech Writers NEW YORK--(BUSINESS WIRE)--July 8, 2003 L-3 Communications
L-3 Communications Holdings, Inc. (NYSE: LLL) is a company that supplies command, control, communications, intelligence, surveillance and reconnaissance (C3ISR) systems and (NYSE NYSE See: New York Stock Exchange : LLL LLL abbr. left lower lobe (of the lung) ) today announced that its Link Simulation and Training division has been awarded $26.2 million in initial funding from the Boeing Company to build additional F/A-22 pilot training devices under a third production contract. The total value of this newly-awarded F/A-22 pilot trainer production contract is expected to reach $36 million. The contract calls for Link to deliver four full mission trainers, five weapons tactics trainers and an egress See ingress. procedures trainer to the U.S. Air Force in the latter part of 2004. This award brings all of Link's F/A-22 pilot and maintenance trainer program contracts to $180 million in combined value since Link initially won the Raptor training devices contracts in 1997. The F/A-22 pilot and maintenance trainer programs are expected to grow to a combined value exceeding $250 million as a result of anticipated follow-on training device orders through 2009. "Link is very proud to be a key contributor to the Boeing F/A-22 training system team," said Gary Nesta, Link Simulation and Training's vice president of devices programs. "Link-built simulators will both help develop mission-qualified warfighters and enable pilots and maintainers to sustain a high degree of readiness throughout their careers." The Raptor's entire flight envelope In aerodynamics, the flight envelope or performance envelope of an aircraft refers to the capabilities of a design in terms of speed and altitude. The term is somewhat loosely applied, and can also refer to other measurements such as maneuverability. will be simulated by Link's F/A-22 full mission trainers, enabling pilots to practice tasks including formation flight, air refueling, takeoff and landing, emergency procedures and weapons delivery during air-to-air and air-to-ground combat missions. F/A-22 full mission trainers will deliver a highly realistic training environment in which pilots are able to view out-the-window terrain and sky across a Link-built SimuSphere(TM) visual system display that provides a 360(degree) field-of-view. A head-tracking system is used to follow pilot head movement to ensure that high-resolution computer generated imagery is displayed wherever the pilot turns his head. F/A-22 weapons tactics trainers will provide pilots with extensive procedural training to enhance aircraft systems operation. Supported by a high fidelity tactical environment, the trainer will enable pilots to interact with simulated controls and displays representing the primary F/A-22 aircraft instrument panel. In addition to enabling pilots to practice individual and team weapon systems employment, weapons tactics trainers can also be used as an instructional system or mission generation system. The F/A-22 egress procedures trainer will support all aspects of ground and in-flight egress and life support training. The trainer will enable pilots to perform tasks including cockpit safety, ejection seat inspections and ejection and canopy separation procedures. Link Simulation and Training is a systems integration organization that delivers and supports training systems and equipment designed to enhance operational proficiency. Link's full range of services include conducting front-end analysis, program design, course development and production, interactive distance learning, simulator design and production, training implementation, training evaluation, training management and field support. Link has its headquarters operation in Arlington, TX and other major 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 merchant supplier of Intelligence, Surveillance and Reconnaissance Intelligence, Surveillance and Reconnaissance may refer to:
Highly automated communications process by which data are collected from instruments located at remote or inaccessible points and transmitted to receiving equipment for measurement, monitoring, display, and recording. , instrumentation, space and navigation products. Its customers include the Department of Defense, Department of Homeland Security Noun 1. Department of Homeland Security - the federal department that administers all matters relating to homeland security Homeland Security executive department - a federal department in the executive branch of the government of the United States , 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. 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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