09.05.2005 18:31:00

L-3 Communications Awarded $7.4 Million Option to Build Additional F/A

L-3 Communications Awarded $7.4 Million Option to Build Additional F/A-18C Distributed Mission Training Suite


    Business Editors

    NEW YORK--(BUSINESS WIRE)--May 9, 2005--L-3 Communications (NYSE: LLL) announced today that its L-3 Government Services, Inc. (L-3 GSI) subsidiary and Link Simulation and Training (Link) division have received a $7.4 million contract option from the Naval Air Systems Command to develop a third F/A-18C Distributed Mission Training (DMT) suite. Award of this option brings total F/A-18C DMT contract value to approximately $70 million.
    The new F/A-18C DMT contract option, awarded to L-3 GSI, will result in Link building two F/A-18C Tactical Operational Flight Trainers (TOFTs). The two F/A-18C TOFTs will be integrated with DMT baseline software, including high level architecture to support simulator interoperability.
    The first F/A-18C DMT suite is currently training Hornet aircrews at Naval Air Station (NAS) Oceana, VA. Link is also readying the second F/A-18C DMT suite for delivery to NAS Lemoore, CA.
    "The F/A-18C Distributed Mission Training program is one of the major ongoing success stories in U.S. Navy flight simulation," said John McNellis, president of Link Simulation and Training. "The systems being delivered under the initial F/A-18C Distributed Mission Training contract and follow-on program options represent highly advanced flight simulation technologies that have been designed to realistically support Hornet aircrew tactics training in a collaborative multi-aircraft training environment."
    All F/A-18C DMT installations will be compliant with the service's Naval Aviation Simulation Master Plan, which requires all of the U.S. Navy's simulation assets to be capable of supporting training in a fully integrated, virtual battlespace.
    In addition, all of the F/A-18C DMT TOFTs at each installation are integrated with Link's SimuSphere(TM) visual display, which provides pilots with a 360 (degree) out-the-window field-of-view of sky, terrain and targets. Link's SimuView(TM) personal computer image generation system powers both out-the-window and cockpit sensor imagery.
    L-3 GSI, based in Chantilly, VA, is a recognized industry leader providing a wide range of technology-based services, support and products to federal, state and local governments and to the private sector. Founded in 1979, L-3 GSI's primary business areas include training and simulation, information technology services, systems engineering, integrated security solutions, business and program management and intelligence community services.
    Link Simulation and Training is a systems integration organization that delivers and supports training systems and equipment to enhance operational proficiency. Link's services include conducting front end analysis, program design, simulator design and production and field support. Link has its headquarters operation in Arlington, TX, and other key bases of operation in Binghamton, NY; Orlando, FL; Broken Arrow, OK and Phoenix, AZ.
    Headquartered in New York City, 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, 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 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.

--30--KK/ny*

CONTACT: L-3 Communications Cynthia Swain, 212-697-1111 or Link Simulation & Training Rick Oyler, 817-619-3536 or L-3 Government Services, Inc. Martha Newman, 703-375-6490 or Financial Dynamics Investors: Eric Boyriven, Olivia Pirovano Media: Evan Goetz 212-850-5600

KEYWORD: VIRGINIA NEW YORK INDUSTRY KEYWORD: HARDWARE AEROSPACE/DEFENSE GOVERNMENT MARKETING AGREEMENTS SOURCE: L-3 Communications

Copyright Business Wire 2005

Nachrichten zu L-3 Communications Titan Corp.mehr Nachrichten

Keine Nachrichten verfügbar.

Analysen zu L-3 Communications Titan Corp.mehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!