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L-3 Communications Integrated Systems Awards Contract to Palomar Products for Korean Navy P-3 Program.


RANCHO SANTA MARGARITA Santa Margarita ("Saint Margaret") may refer to:
  • Santa Margarita (shipwreck), a shipwreck off the coast of Florida near Key West.
  • Rancho Santa Margarita, California, United States
, Calif. -- Palomar Products, a subsidiary of Esterline Technologies (NYSE NYSE

See: New York Stock Exchange
:ESL (1) An earlier family of client/server development tools for Windows and OS/2 from Ardent Software (formerly VMARK). It was originally developed by Easel Corporation, which was acquired by VMARK. ), has been awarded a contract from L-3 Communications
Not to be confused with Level 3 Communications, an Internet carrier


L-3 Communications Holdings, Inc. (NYSE: LLL) is a company that supplies command, control, communications, intelligence, surveillance and reconnaissance (C3ISR) systems and
 Integrated Systems to provide the Secure Intercommunications Systems for the Republic of Korea Navy P-3 aircraft fleet.

"Palomar's secure intercommunications system, long recognized as an industry standard, continues to be the system of choice by discerning customers who demand the best and most reliable solution available today. We are very excited about continuing our lead in providing the most commonly chosen P-3 secure intercommunication in·ter·com·mu·ni·cate  
intr.v. in·ter·com·mu·ni·cat·ed, in·ter·com·mu·ni·cat·ing, in·ter·com·mu·ni·cates
1. To communicate with each other.

2. To be connected or adjoined, as rooms or passages.
 system solution by users throughout the world," said Val Policky, president of Palomar Products.

Palomar Products is a leading developer and manufacturer of secure audio and data distribution systems for military airborne and ground-based applications. Located in Rancho Santa Margarita, Palomar has provided TEMPEST qualified systems to customers throughout the world for over 30 years. It is 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 Esterline Technologies (NYSE:ESL) (www.esterline.com), a specialized aerospace/defense company with headquarters in Bellevue, Wash. Esterline employs about 7,500 people worldwide.

L-3 IS (www.l-3is.com) is recognized internationally as a systems integration organization specializing in the modernization and maintenance of aircraft of all sizes, and the study, design, development, and integration of special mission systems for military and commercial applications. The company has modified more than 15,000 different aircraft of more than 125 types. With headquarters in Greenville, Texas, L-3 IS operates from multiple sites in Texas, Mississippi, Georgia, Kentucky, Oklahoma, Virginia, Maryland, Alabama, the United Kingdom and Australia.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:May 3, 2006
Words:251
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