L-3 to Deliver Soldier Modernization Technology to the Australian Army
November 14 2016 - 9:00AM
Business Wire
L-3 Communications (NYSE:LLL) announced today that it has been
awarded a contract totaling $208 million by the Australian Defence
Force (ADF), under the LAND 53 Phase 1BR program, to deliver
soldier modernization technology, including specialized night
vision equipment, to the Australian Army. The five-year contract
was awarded through a competitive bid process that included
extensive ADF field testing. Deliveries are expected to occur
between May 2017 and May 2021.
“This new business award demonstrates the growing demand for our
highly advanced, capable products and solutions in a key
international market,” said Michael T. Strianese, L-3’s Chairman
and Chief Executive Officer. “L-3’s ability to deliver a
collaborative, one-company solution to meet a wide range of
requirements is increasingly important to our customers, both in
Australia and across the globe.”
Work will be performed by L-3 Warrior Systems in collaboration
with Australia-based L-3 Oceania, both in L-3’s Electronic Systems
business segment. Under this contract, L-3 will provide the
Australian Army with innovative targeting and detection
capabilities that are designed to perform at night and under all
weather conditions. These include binocular night vision goggles,
which incorporate white phosphor image intensification technology,
a compact multifunction aiming laser with integrated white light
capability, and the next generation of lightweight, miniature laser
rangefinders. L-3 Warrior Systems is also scheduled to open a new
sustainment center in Australia to provide in-country logistics
support, as well as regional customer support, for this
project.
L-3 Warrior Systems develops and manufactures fully qualified,
advanced night vision and electro-optical systems and components
for the United States military, law enforcement, first responder
agencies and allied nations across the globe. An original and
qualified manufacturer of night vision imaging technology, L-3
Warrior Systems uses the latest in thermal, image intensifier and
fusion technologies to provide an extensive portfolio of products
that enables optimal performance during the day, at night and in
adverse weather. L-3 Warrior Systems is committed to the quality,
reliability and supportability of all its fielded systems. To learn
more, please visit www.L-3com.com/warriorsystems.
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 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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