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L-3 Communications (NYSE: LLL) announced today the award of a
baseline contract estimated at $2.04 billion over the life of the
program to supply a minimum of 78 C-27J Joint Cargo Aircraft (JCA) to
the U.S. Army and U.S. Air Force. The winning C-27J team is led by
L-3's Integrated Systems (L-3 IS) Group and includes Alenia North
America (a Finmeccanica Company), Boeing Integrated Defense Systems
(NYSE: BA) and Global Military Aircraft Systems (GMAS).
"We are extremely proud of the C-27J JCA Team," said Michael T.
Strianese, President and Chief Executive Officer of L-3
Communications. "This award enhances our well-established expertise as
an aircraft systems integrator of critical aircraft serving our
military and allies. Our team's approach meets the needs of the
warfighter."
"We are very pleased with the selection and acknowledgement that
the C-27J aircraft represents the best value for the government. It is
a proud day for L-3 and we look forward to a long term partnership
with the Army and Air Force in support of this mission," said Bob
Drewes, President and Chief Operating Officer of L-3 Integrated
Systems Group.
The JCA program is a Joint Service program designed to fill a
critical gap that exists today in intra-theater airlift support for
U.S. troops on the ground. Experience in overseas combat operations
has demonstrated that America needs an improved capability for medium
airlift inside combat theaters and in support of the Global War on
Terrorism. The C-27J is a multi-mission cargo aircraft that will fill
the current capability gap in joint aerial delivery based on its
ability to transport critical cargo and personnel, self-deploy over
strategic distances, land in austere locations, operate autonomously,
and provide routine and combat aerial sustainment to the joint force.
The C-27J will replace the U.S. Army's C-23 Sherpas, C-26 and various
C-12 aircraft, and will augment the U.S. Air Force's existing fleet of
intra-theater airlifters. The aircraft will play a key role in
providing responsive aerial sustainment, critical re-supply, MEDEVAC,
troop transport, airdrop operations, humanitarian assistance and
missions in support of Homeland Security.
"Today's announcement is the result of a real partnership between
American and Italian aerospace companies," said Giuseppe Giordo,
President and Chief Executive Officer of Alenia North America. "This
decision also indicates that the U.S. Army and U.S. Air Force both
recognize the unique capabilities of our C-27J aircraft, our team and
our JCA offering as a whole."
The C-27J Spartan is the latest in a successful tradition of
military airlifters, including the C-27A Spartan and the G-222, which
have been deployed by the United States, NATO, Coalition Forces, the
United Nations and Italy in support of military and humanitarian
operations around the world. Similarly, C-27A Spartans are currently
carrying out vital counter-drug activities for the United States in
Central and South America.
About L-3 Communications
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,
Communications, Intelligence, Surveillance and Reconnaissance) systems
and government services. L-3 is also a leading provider of high
technology products, systems and subsystems. The company reported 2006
sales of $12.5 billion.
L-3 Communications Integrated Systems Group 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.
To learn more about L-3, please visit the company's web site at
www.L-3Com.com.
About Alenia North America
Alenia North America's mission is to further expand the industrial
and commercial presence of the Alenia Group in North America and it is
a wholly owned subsidiary of Alenia Aeronautica, a Finmeccanica
company. Alenia North America Inc. is headquartered in Washington,
D.C. with offices in Long Beach, California; Smyrna, Georgia; Fort
Worth, Texas; and Seattle Washington. Alenia North America - Canada, a
subsidiary wholly owned by Alenia North America, has offices in
Ottawa, Canada. Alenia North America is also a shareholder in Global
Aeronautica, a joint venture with Vought Aircraft Company, located in
North Charleston, South Carolina, which performs significant
integration and sub assembly work for the Boeing 787 program.
For more information about Alenia North America, please visit
www.aleniana.com.
About Boeing Integrated Defense Systems
A unit of The Boeing Company, Boeing Integrated Defense Systems is
one of the world's largest space and defense businesses. Headquartered
in St. Louis, Boeing Integrated Defense Systems is a $30.8 billion
business. It provides network-centric system solutions to its global
military, government and commercial customers. It is a leading
provider of intelligence, surveillance and reconnaissance systems; the
world's largest military aircraft manufacturer; the world's largest
satellite manufacturer; a foremost developer of advanced concepts and
technologies; a leading provider of space-based communications; the
primary systems integrator for U.S. missile defense; NASA's largest
contractor; and a global leader in sustainment solutions and launch
services.
About Global Military Aircraft Systems
Global Military Aircraft Systems (GMAS) is a joint venture between
L-3 Communications Integrated Systems (L-3 IS), a subsidiary of L-3
Communications, and Alenia Aeronautica (a Finmeccanica company),
through its Alenia North America Inc. subsidiary. GMAS aims to provide
the U.S. Army and U.S. Air Force with a solution for its Joint Cargo
Aircraft (JCA) operational and support requirements, and to pursue the
opportunities with the Department of Defense (DoD) and
internationally, through the production and the outfit of the C-27J
tactical transport aircraft.
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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
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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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