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L-3 Approved for Low-Rate Initial Production of EP-3E Spiral 3 Aircraft

Dépèche transmise le 15 avril 2011 par Business Wire

L-3 Approved for Low-Rate Initial Production of EP-3E Spiral 3 Aircraft

L-3 Approved for Low-Rate Initial Production of EP-3E Spiral 3 Aircraft

NEW YORK--(BUSINESS WIRE)--L-3 Communications (NYSE: LLL) announced today that its Platform Integration division has been approved to begin low-rate initial production (LRIP) of the U.S. Navy’s EP-3E Spiral 3-configured aircraft, featuring an upgraded intelligence, surveillance and reconnaissance (ISR) mission avionics suite. Under the LRIP program, L-3 will manufacture and install this new capability on three EP-3E aircraft.

“The EP-3E Spiral 3 program continues to demonstrate the importance of using proven and validated technology insertion to stay ahead of threats”

The successful completion of developmental testing using the L-3-modified prototype EP-3E Spiral 3-configured aircraft provided the basis for the Navy’s LRIP decision. The operational test phase of this project is currently underway, after which a full-rate production decision will be made regarding the modifications of the remaining aircraft in the EP-3E fleet to the Spiral 3 configuration.

“The EP-3E Spiral 3 program continues to demonstrate the importance of using proven and validated technology insertion to stay ahead of threats,” said Nick Farah, acting president of L-3 Platform Integration. “This approach ensures the high-demand EP-3E fleet can meet emerging operational needs using innovative network-centric technology that is adaptable to other platforms.”

As part of the Spiral 3 modification, L-3 will install state-of-the-art communications intelligence (COMINT) equipment, replacing aging and obsolete sensors and increasing the aircraft’s networking capabilities. These modifications improve onboard data analysis and provide real-time tactical intelligence dissemination.

L-3 began design of the Spiral 3 improvements in late 2007, delivering the prototype used for testing in 2010.

L-3 Platform Integration provides complex integration services for military, commercial and OEM customers at its aircraft integration facility in Waco, Texas. Its products and services include avionics and aircraft modernization, flight sciences engineering and certification, MRO, major modifications, VIP interior completion, and serving as prime contractor for the C-27J Joint Cargo Aircraft.

Headquartered in New York City, L-3 Communications employs approximately 63,000 people worldwide and is a prime contractor in C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems, aircraft modernization and maintenance, and government services. L-3 is also a leading provider of a broad range of electronic systems used on military and commercial platforms. The company reported 2010 sales of $15.7 billion.

To learn more about L-3, please visit the company's 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 company’s website and is readily accessible.

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,” “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 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.

Business Wire

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