L-3 Communications Space & Navigation Awarded $14 Million Contract to Build Hardware for Boeing's Delta Avionics Program.FARNBOROUGH, England -- L-3 Communications (NYSE NYSE See: New York Stock Exchange : LLL LLL abbr. left lower lobe (of the lung) ) announced today that its Space & Navigation division (L-3 S&N) has been awarded a $14 million contract by the Boeing Company of Huntington Beach, California Huntington Beach is a seaside city in Orange County in southern California. As of the 2000 census, the city population was 189,594. It is bordered by the Pacific Ocean on the west, by Seal Beach on the north, by Costa Mesa on the south, by Westminster on the northeast, and by , for the Delta Avionics program. Under this contract, which will run through April of 2008, L-3 S&N will assume design responsibility, then produce, qualify, test and deliver a total of 566 units comprised of ten different part types. The program is a continuation of L-3 S&N's heritage of producing highly reliable products for space launch applications. L-3's hardware for the Delta Avionics program ranges from complex assemblies, providing inertial sensing, power switching and actuator control functions, to simple modules used for transient suppression. The avionics will be used in every stage of the Delta launch vehicle. "This award, coupled with our Redundant Inertial Flight Control Assembly (RIFCA RIFCA Redundant Inertial Flight Control Assembly ) program, allows us to be one of the primary suppliers of Delta hardware to Boeing," said Paul Wengen, president of L-3 S&N. "The contract demonstrates our customer's continued confidence in our capabilities and our industry-leading standards, and will ensure we continue to be a key supplier on Boeing's Delta launch vehicles." L-3 Space & Navigation, located in Budd Lake, New Jersey Budd Lake is a census-designated place and unincorporated area located within Mount Olive Township, in Morris County, New Jersey. As of the United States 2000 Census, the CDP population was 8,100. , is a world premier provider of inertial instruments and integrated fire control systems to the global marketplace and is a major supplier of high-quality pointing, guidance, control and positioning equipment for satellites, artillery and launch vehicles serving the military, commercial and government markets. The division's products and capabilities include fiber-optic and ring laser gyros, reaction wheel assemblies, position navigation units and fire control and digital battlefield solutions. L-3 Space & Navigation has provided state-of-the-art systems for many critical and strategically important space and national defense programs and is the premier supplier of precision pointing and position location systems for the U.S. Army. To learn more about L-3 Space & Navigation, please visit the company's web site at www.L-3Com.com/Spacenav. 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. |
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