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L-3 Communications (NYSE: LLL) announced today that its L-3
Integrated Systems (L-3 IS) subsidiary has been awarded a follow-on
contract with a potential value of up to $26 million to provide
developmental and engineering work on the Stratospheric Observatory
for Infrared Astronomy (SOFIA) from NASA's Dryden Flight Research
Center.
The $19.7 million base period contract for 23 months includes
three one-year option periods, with total value of up to $26 million.
"We're pleased to extend our relationship with NASA to support
this aeronautical wonder," said Ed Gloviak, Vice President of Special
Programs and Services for L-3 IS. "Our flight science and aircraft
modification experts are proud of their work integrating this
observatory and are looking forward to it progressing through the test
program at Dryden."
The support contract follows the integration of the 20-ton,
2.5-meter infrared telescope in the rear fuselage of a 747SP aircraft
at L-3's Waco, Texas facility. L-3 IS will provide ground testing,
related engineering approvals and support several checkout flights
planned in the first half of 2007 from Waco.
Once checkout is complete, SOFIA will be delivered to NASA Dryden
where it will undergo the final installation and integration of
several operating and science-related systems. L-3 will support
completion of two main components of the airborne observatory platform
- the Airborne System and the Cavity Door Drive System. The company
will provide support for the final development and testing of the
Airborne System, including the modification, fabrication,
installation, integration and verification of various systems that
will meet SOFIA mission requirements, as well as engineering support
and technical representation to NASA as necessary to support the
transition from development to operations.
Scientific instruments mounted in SOFIA will be capable of
celestial observations ranging from visible light through the
sub-millimeter far-infrared spectrum. SOFIA is being developed jointly
by NASA and the Deutsches Zentrum fuer Luft-und Raumfahrt (German
Aerospace Center).
L-3 IS develops and integrates defense and commercial technology
for U.S. and allied customers worldwide. Headquartered in Greenville,
Texas, L-3 IS has more than five decades of experience in the
development of complex intelligence, surveillance and reconnaissance
systems; command and control; and secure communications. It is
recognized internationally as a systems integration organization
specializing in the modernization and maintenance of aircraft of all
sizes. It is a leader in advanced technologies for signal processing,
electronic countermeasures, sensor development and aircraft
self-protection. Systems provided or maintained by L-3 IS help protect
military and civilian personnel, bases, assets and national borders
throughout the world.
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. The company is a leading merchant
supplier of a broad array of high technology products, including
guidance and navigation, sensors, scanners, fuzes, data links,
propulsion systems, simulators, avionics, electro optics, satellite
communications, electrical power equipment, encryption, signal
intelligence, antennas and microwave components. L-3 also supports a
variety of Homeland Security initiatives with products and services.
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.
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.
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