L-3 Communications Awarded $216.7 Million Navy Support Contract.NEW YORK -- L-3 Communications (NYSE NYSE See: New York Stock Exchange : LLL LLL abbr. left lower lobe (of the lung) ) announced today that its Vertex Aerospace subsidiary (L-3 Vertex) has been awarded a one-year, $47 million contract to provide Contractor Logistics Support and operation of the Aircraft Intermediate Maintenance Department (AIMD) for Naval Air Systems Command The Naval Air Systems Command, or NAVAIR, is the part of the United States Navy which provides materiel support for naval aircraft and airborne weapon systems, such as guided missiles. NAVAIR was established in 1966 as the successor to the Navy's Bureau of Naval Weapons (BuWeps). (NAVAIR NAVAIR Naval Air Systems Command ). With the exercise of four, one-year option periods, the total contract value is $216.7 million. Approximately 200 L-3 Vertex employees will provide aircraft maintenance, piloting, supply and depot-level services supporting the Undergraduate Military Flight Officer Training System (UMFOTS) program and the AIMD. Aircraft include the T-39N/G, T-2C and UH-3H. The AIMD includes support of a variety of aircraft, components and systems. Work will be performed at Naval Air Station A Naval Air Station is an airbase of the United States Navy. Such bases are used to house Naval Aviation squadrons and support commands. List of Functioning US Naval Air Stations
(2) (Network Attached Storage) A specialized file server that connects to the network. A NAS device contains a slimmed-down operating system and a file system and processes only I/O requests by supporting the popular ) Pensacola, FL (60 percent) with AIMD services performed at NAS Corpus Christi, TX (40 percent). L-3 Vertex has been the incumbent contractor supporting the T-39 for the UMFOTS program since 1994. The scope of the follow-on competition was expanded to include the additional aircraft platforms and AIMD. The UMFOTS mission is to prepare Naval Flight Officers, Air Force navigators and foreign military students. "The UMFOTS program is a tremendously important asset to the U.S. Navy and other service branches, as well as allied governments who utilize this state-of-the-art flight officer training system," said Dan Grafton, president of L-3 Vertex. "We are thrilled to be selected to be part of this expanded program supporting not only the T-39 as we've done for the past 10 years, but also the T-2, UH-3 and the AIMD." For the T-39N/G, L-3 Vertex will provide maintenance, repair and logistics support on the aircraft, radar systems, airframe and aircraft subsystems, mission support equipment and spares. The T-2 trainer and UH-3H Search and Rescue helicopter will be supported through Organizational and Intermediate level aircraft maintenance. For the AIMD, L-3 Vertex will service batteries and a variety of other components for the T-34, T-44, T-39, T-1A, T-6, TC-130, TH-57 and F/A-18 aircraft. L-3 Vertex Aerospace provides aviation and aerospace technical services, primarily to government customers. The company has 10,700 employees working from 300 locations worldwide. L-3 Vertex is a subsidiary of L-3 Communications Integrated Systems. 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. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion