L-3 Army Fleet Support awarded a $1.98 billion contract to provide U.S. Army helicopter maintenance and logistics support
NEW YORK--(BUSINESS WIRE)-- L-3 Communications (NYSE: LLL) announced today that it has been awarded a contract with a one-year base period and four one-year options, with an estimated contract value of $1.98 billion, from the U.S. Army Contracting Command Redstone on behalf of the U.S. Army Aviation and Missile Life Cycle Management Command (AMCOM) for rotary-wing aircraft maintenance and logistics support at Fort Rucker, Ala.
Under this contract, L-3 will provide maintenance, logistics and other related sustainment support for over 600 helicopters used by the U.S. Army Aviation Center of Excellence and the U.S. Air Force Air Education Training Command.
We are proud that L-3 has been selected as the Fort Rucker aircraft maintenance contractor, said John McNellis, president of L-3 Integrated Systems Group. We have worked closely with our Government partners, as well as with our dedicated Army Fleet Support workforce, to continually deliver excellent, best-value performance in support of our military aviators and their training mission. This award is a very important one for our business, especially in this current environment, and we remain focused on our commitment to operational readiness and the high-quality services that we have provided the Army and Air Force at Fort Rucker since 2003.
Headquartered in New York City, L-3 employs approximately 51,000 people worldwide and is a prime contractor in C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems, aircraft modernization and maintenance, and national security solutions. L-3 is also a leading provider of a broad range of electronic systems used on military and commercial platforms.
To learn more about L-3, please visit the companys 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 companys website and is readily accessible.
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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 companys Safe Harbor Compliance Statement for Forward-Looking Statements included in the companys 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.
Source: L-3 CommunicationsCopyright Business Wire 2012