L-3 Communications (NYSE: LLL) announced today that it has signed
a teaming agreement with The Boeing Company (NYSE: BA) to provide
Contractor Logistics Support (CLS) for 189 U.S. Navy Boeing-built T-45
Training System (T-45TS) aircraft from fiscal year 2009 through 2013.
The L-3-led team will respond to a Request for Proposals (RFP)
anticipated for release late this year by Naval Air Systems Command
(NAVAIR).
T-45TS CLS was first awarded to L-3 in 2003, and was valued at
$450 million through fiscal year 2008. The program employs more than
700 personnel based at Naval facilities in Kingsville, TX and
Meridian, MS with responsibility for aircraft maintenance, supply
chain management, ground based training systems, engineering services
and carrier qualification detachments. The T-45TS is used to train
flight students in the Undergraduate Jet Pilot Training Program as
well as train prospective instructors.
"Since 2003, L-3 has provided world-class logistics support for
our Navy customer and its critically important T-45 training mission,"
said Ed Boyington, President of L-3 Vertex, which is leading the
program for L-3. "For the follow-on competition beginning FY 2009, our
best-in-industry team will leverage L-3's 32-year CLS performance
advantage, with Boeing's tremendous supply chain and logistics
capabilities, providing an innovative, best-value solution for Naval
Air Training."
Over the past T-45TS program year, L-3 has supported a total of
71,000 flight hours as the U.S. Navy winged 308 aviators (including
U.S. Navy, U.S. Marine Corps. and Foreign) in Strike and E-2/C-2
aircraft. L-3 supported eight, 10-day carrier qualification
detachments throughout the year, logging nearly 5,000 arrested
landings (traps). Additionally, the company supported numerous
detachments (including Air Combat Maneuver, Weapons, Road Recognition
and Familiarization) from California to Florida.
Jim O'Neill, Vice President of Integrated Logistics, a division of
Boeing's Integrated Defense Systems, said, "The T-45 is extremely
important in the training of U.S. Navy and Marine pilots. We are proud
to partner with L-3 to provide an innovative approach in offering the
Navy a competitive, cost-effective solution to maintaining these
airplanes."
Madison, Mississippi based L-3 Vertex Aerospace provides aviation
and other aerospace technical services, primarily to government
customers. With more than 11,000 employees working from 280 locations
worldwide, L-3 Vertex is a subsidiary of L-3's Integrated Systems
Group.
L-3 Integrated Systems (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.
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 $27 billion
business. It provides systems solutions to its global military,
government and commercial customers. It is a leading provider of
intelligence, surveillance and reconnaissance; the world's largest
military aircraft manufacturer; the world's largest satellite
manufacturer and 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 launch 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,
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.
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," "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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