L-3 Communications Awarded $63.2 Million in Orders by U.S. Special Operations Command.To download high-resolution, print-ready JPEG images, click on the thumbnail image above. WARNING: these images are very large (800K+) Click here for caption Photo Editors/Business Editors NOTE TO MEDIA: Multimedia assets available A photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.110303/bb3 NEW YORK--(BUSINESS WIRE)--Nov. 3, 2003 L-3 Communications (NYSE NYSE See: New York Stock Exchange : LLL LLL abbr. left lower lobe (of the lung) ) announced today that its Integrated Systems division (L-3 IS) has been awarded $63.2 million in sole source task orders by the U.S. Special Operations Command A subordinate unified or other joint command established by a joint force commander to plan, coordinate, conduct, and support joint special operations within the joint force commander's assigned operational area. Also called SOC. See also special operations. (USSOCOM USSOCOM United States Special Operations Command ) against a previously awarded indefinite-delivery/indefinite-quantity (ID/IQ ID/IQ Indefinite Delivery/Indefinite Quantity ID/IQ Indefinite Duration/Indefinite Quantity ) contract. Under the terms of the contract, L-3 IS will provide service life extension maintenance support for 33 Special Operations Aviation A/MH-6M Little Bird helicopters and Bare Base Sets to the U.S. Army. The values of the task orders for the Service Life Extension Program and the Bare Base Sets are $5 million and $58.2 million, respectively. The company was awarded the Special Operations Forces-Support Activity (SOF-SA) ID/IQ contract in April 2003. The original contract, valued at $1.5 billion, includes a base year followed by four option-years and five incentive award-term years. The Service Life Extension Program, which extends through August 2006, allows for maintenance, repair, and refurbishment of Little Bird helicopters at the government-owned, L-3 IS Joint Operations Group (JOG)-operated rotary wing modification facilities in Richmond, KY. The Bare Base Sets provide an integrated support package to support special operations war fighters on the modern battlefield across their full mission spectrum, today and into the future. "Special Operations forces Those Active and Reserve Component forces of the Military Services designated by the Secretary of Defense and specifically organized, trained, and equipped to conduct and support special operations. Also called SOF. serve a vital role in our nation's defense," said Bob Drewes, president of L-3 IS. "Our highly capable rapid response team at JOG is committed to keeping our Special Operations forces flying, and this program will both maximize the availability of the Little Bird fleet and enable mission success." The L-3 Integrated Systems Joint Operations Group, based in Lexington, KY, provides worldwide logistics support and services to the USSOCOM, Department of Defense, and other selected government agencies under the SOF-SA contract. To learn more about the Joint Operations Group, visit the JOG web site at www.sofsa.org. L-3 Integrated Systems is an SEI CMM Level 5 developer and integrator of complex electronic systems for intelligence, surveillance and reconnaissance Intelligence, Surveillance and Reconnaissance may refer to:
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 (ISR) systems, secure communications systems, aircraft modernization, training and government services and is a merchant supplier of a broad array of high technology 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 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. Note: A photo is available at URL: http://www.businesswire.com/cgi-bin/photo.cgi?pw.110303/bb3 |
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