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| [August 26, 2010] |
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L-3 GCS Awarded $170 Million Contract from U.S. Special Operations Command
NEW YORK --(Business Wire)--
L-3 Communications (News - Alert) (NYSE: LLL) announced today that its GCS subsidiary
(L-3 GCS) has been awarded a contract by the U.S. Special Operations
Command (USSOCOM) for its Panther™ Very Small Aperture Terminal (VSAT)
manpack satellite communications systems and associated equipment. The
systems will be used in support of USSOCOM's Special Operations Forces
Deployable Node-Lite (SDN-Lite) program, which will provide worldwide
satellite communications connectivity to Special Operations Forces field
personnel. The contract is valued at up to $170 million over the next
five years.
"L-3 GCS (News - Alert) is particularly honored to have been selected by USSOCOM for
this important program to augment warfighter communications," said Bob
Jacobson, president of L-3 GCS (News - Alert). "For the past two years, our goal has
been to bring the size of a VSAT terminal down to a rucksack-sized
package. We have achieved that goal, and USSOCOM has validated our
vision with this award. Now, a single warfighter can have a
megabit-per-second, beyond line-of-sight radio in his or her rucksack."
L-3 GCS will begin shipping MIL-tested and certified Ku-, Ka-, and
X-band manpacks, data kits and power systems to USSOCOM this calendar
year, with additional units scheduled for production and delivery over
the life of the contract.
Located in Victor, N.Y., L-3 GCS is a leading provider of satelite
communications (SATCOM) systems that integrate data, broadband Internet,
telephony, multimedia, audio, video and computer networking. These
rugged, easily deployed systems are utilized by the Department of
Defense and Department of Homeland Security as well as other federal
agencies and various commercial sector customers. To learn more about
L-3 GCS, please visit the company's website at www.L-3com.com/gcs.
Headquartered in New York City, L-3 Communications employs approximately
67,000 people worldwide and is a prime contractor in C3ISR
(Command, Control, Communications, Intelligence, Surveillance and
Reconnaissance) systems, aircraft modernization and maintenance, and
government services. L-3 is also a leading provider of a broad range of
electronic systems used on military and commercial platforms. The
company reported 2009 sales of $15.6 billion.
To learn more about L-3, please visit the company's website at www.L-3com.com.
L-3 uses its website as a channel of distribution of material company
information. Financial and other material information regarding L-3 is
routinely posted on the company's website and is readily accessible.
Safe Harbor Statement Under the Private Securities Litigation Reform
Act of 1995
Except for historical information contained herein, the matters set
forth in this news release are forward-looking statements. Statements
that are predictive in nature, that depend upon or refer to events or
conditions or that include words such as "expects," "anticipates,"
"intends," "plans," "believes," "estimates," "will," "could" and similar
expressions 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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