|
NEW YORK, May 13, 2008 -- L-3 Communications (NYSE: LLL) announced today that it has received a contract, valued at approximately $30 million, from the Danish Defence Acquisition and Logistics Organization to upgrade existing simulators and provide new training devices for the Royal Danish Air Force (RDAF) F-16 Midlife Update (MLU) program.
The F-16 MLU program calls for L-3 to upgrade two existing F-16 Unit Level Trainers with modern simulation technologies, in addition to building two new F-16 Deployable Readiness Trainers. The new and upgraded simulators will be concurrent with the fighter aircraft’s M5 operational flight program configuration and integrated with new simulated avionics, sensors, smart weapons, air-to-air and air-to-ground munitions, advanced radar warning receiver and electronic countermeasure system. This new contract expands an over 20-year relationship between L-3 and the RDAF.
"The Royal Danish Air Force's F-16 Unit Level Trainers will be among the most advanced simulators in the world," said John McNellis, president of L-3 Link Simulation and Training. "These advanced trainers will be networked with two new F-16 Deployable Readiness Trainers that will enable the Royal Danish Air Force to conduct a much broader range of simulated air-to-air and air-to-ground training exercises."
L-3 is the leading provider of F-16 simulators worldwide. Other recent international F-16 customers have included the Hellenic Air Force, Royal Air Force of Oman and Polish Air Force.
L-3 Link is a systems integration organization that delivers and supports training systems and equipment to enhance operational proficiency. L-3 Link’s services include conducting front-end analysis, program design, simulator design and production and field support. L-3 Link has major operations 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 employs over 64,000 people worldwide and is a prime system contractor in aircraft modernization and maintenance, C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems and government services. L-3 is also a leading provider of high technology products, subsystems and systems. The company reported 2007 sales of $14 billion.
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. 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" 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.
|
