Link Simulation & Training Awarded Contract to Support Flight Training for U.S. Navy E-6 Flight Crews.Business Editors NEW YORK--(BUSINESS WIRE)--May 22, 2001 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 a $6.4 million firm-fixed-price contract by the Oklahoma City Air Logistics Center at Tinker Air Force Base, OK for the lease and maintenance of Boeing 737 aircraft that will be used for in-flight training of E-6 Take Charge and Move Out (TACAMO TACAMO Take Charge & Move Out ) flight crews. Link will provide program management, scheduling and quality assurance services, and has contracted with AAR Aar, river: see Aare. Aircraft Services of Oklahoma City, OK to provide the Boeing 737 aircraft leases and maintenance support. The initial award covers a period of performance from May to September 2001 and includes three annual options for Link to provide continued aircraft lease and maintenance services through September 2004, for a total potential contract value of over $50 million. "This award represents an expansion of Link's involvement with the E-6 flight training program," said David Williams, Link Simulation and Training's vice president of training programs. "Under a separate contract, Link is supporting ground-based and in-flight training for the E-6 flight crews at Tinker Air Force Base. We look forward to providing the best training equipment and services possible for the E-6 flight crews." The Navy's E-6 TACAMO provides airborne command, control, and communications between the National Command Authority and U.S. strategic and non-strategic forces. E-6 squadrons are based at Tinker Air Force Base, where all of the aircraft's training operations are conducted. Link Simulation and Training is a systems integration organization that specializes in delivering and supporting training systems and equipment that 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 major operations in Arlington, TX, Binghamton, NY, Orlando, FL, Broken Arrow, OK, Phoenix, AZ and Reston, VA. 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 secure communications systems and products, avionics and ocean products, training products, microwave components and telemetry telemetry 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 wireless products. Its customers include the Department of Defense, selected US 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. |
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