L-3 Communications (NYSE:LLL) announced today that its Communication Systems group was awarded a contract from Bollinger Shipyards LLC to provide the integrated C4ISR system for the U.S. Coast Guard’s (USCG) Sentinel-class Fast Response Cutter (FRC). The value of this contract for 26 cutters is approximately $160 million over a nine-year period.

“L-3 is excited to serve as the C4ISR integrator and provide our comprehensive suite of best-in-class systems on this important platform,” said John Mega, president of L-3 Communication Systems. “The FRC is the newest generation of patrol cutter and plays a vital role in the USCG’s mission to protect our homeland. This award expands on L-3’s legacy of ISR integration and leverages our leadership in maritime communications for a wide range of vessels around the globe.”

Under this contract, L-3 will provide initial design upgrades to the FRC, including the antenna arrangement and analysis, exterior communications and other situational awareness enhancements. In addition, L-3 will deliver, install and support the integrated bridge, interior and exterior communications systems, and distributed navigation equipment. The company will also conduct training of the FRC crews at its site in Camden, New Jersey, and will provide postdelivery warranty support at each cutter’s homeport.

Work on this contract, which is for Phase II production of the FRC, will be done by L-3 Communication Systems-East (L-3 CS-East) in Camden, and L-3 Henschel in Ayer, Massachusetts. L-3 CS-East specializes in the design, development and production of integrated command, control, communications and computing (C4) and cyber systems supporting space, ground, air and maritime operations for next-generation requirements. To learn more about L-3 CS-East, please visit the company’s website at www.L-3com.com/cs-east.

Headquartered in New York City, L-3 employs approximately 38,000 people worldwide and is a leading provider of a broad range of communication and electronic systems and products used on military and commercial platforms. L-3 is also a prime contractor in aerospace systems. The company reported 2015 sales of $10.5 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 1995Except 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.

L-3Corporate Communications212-697-1111

L3 Technologies, Inc. (NYSE:LLL)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more L3 Technologies, Inc. Charts.
L3 Technologies, Inc. (NYSE:LLL)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more L3 Technologies, Inc. Charts.