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L-3 Communications (NYSE: LLL) announced today that its Government
Services, Inc. (L-3 GSI) subsidiary has been awarded a five-year
contract, provided all options are exercised, by the Joint Warfare
Support Division (JWSD), Space and Naval Warfare (SPAWAR) Systems
Center, Charleston, to provide services to include integration,
production, test and evaluation, fielding, training,
certification/accreditation, maintenance and life-cycle sustainment
management. Representing new business to L-3, the value of the
contract is $94.6 million, provided all options are exercised.
The JWSD is a SPAWAR Center Charleston Field Activity located in
Tampa, FL, Fayetteville, NC and Charleston, SC. The primary mission of
the JWSD is to support the Joint Warfighters and their infrastructure.
Among other things, JWSD is engaged in work on tactical satellite,
telecommunications, information technology networking equipment and
psychological operations equipment.
"We are very proud to have been selected to support the Joint
Warfare Support Division and the Joint Warfighting community in this
important role," said Paul Cerjan, President of L-3 GSI.
L-3 GSI, based in Chantilly, VA, is a recognized industry leader
providing a wide range of technology-based services, support and
products to federal, state and local governments and to the private
sector. L-3 GSI's primary business areas include program management,
training and simulation, information technology services, systems
engineering, integrated security solutions, and intelligence community
services.
Headquartered in New York City, L-3 Communications employs over
63,000 people worldwide and is a prime system contractor in aircraft
modernization and maintenance, C3ISR (Command, Control, Communication,
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 2006 sales of $12.5
billion.
To learn more about L-3, 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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