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L-3.Advanced Products & Design has been awarded a five-year, $16 million indefinite-delivery/indefinite-quantity (ID/IQ) contract for the production and delivery of Navigation Sensor System Interface (NAVSSI) system racks, kits, parts and production engineering services support. The contract was awarded by the Space and Naval Warfare Systems Command in San Diego, Calif.
“L-3 has been supporting the Navy's NAVSSI Program for more than five years, providing proven design and integration services for the creation of rugged shipboard, airborne and vehicular systems,” stated Larry Vernec, senior vice president of marketing and strategic business development. “This latest award continues our successful relationship with the Navy and our legacy of providing quality systems to meet the militarys most challenging requirements.”
The NAVSSI system collects, processes, integrates and formats the distribution of Precise Navigation and Timing (PNT) data to weapon systems, combat support systems, C4ISR systems and other information systems aboard various ship classes. This contract combines purchases for the U.S. Navy and the governments of Australia and Spain under the Foreign Military Sales Program.
To learn more about L-3 Communications Advanced Products & Design, please visit the companys Web site at www.L-3Com.com/apd.
Headquartered in New York City, L-3 Communications employs over 64,000 people worldwide and is a prime 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, subsystems and systems. The company reported 2007 sales of $14 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," "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.
