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MarketScreener Homepage  >  Equities  >  Nyse  >  L-3 Communications Holdings, Inc.    

L-3 COMMUNICATIONS HOLDINGS, INC.
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L-3 Communications Holdings, Inc. : L-3 Wins $92.2 Million Contract to Design and Manufacture Large Advanced Mobile Power Sources (LAMPS) for the U.S. Army

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12/20/2012 | 03:20pm CEST

L-3 Communications (NYSE: LLL) announced today that its Westwood division has been awarded a contract to design and manufacture the next generation of 100 kW and 200 kW generator sets, known as Large Advanced Mobile Power Sources (LAMPS), for the U.S. Army. The initial $11.5 million delivery order will provide Engineering and Manufacturing Development (EMD) over a 32-month period. Additionally, there are three production options (for a total of up to 36 months) with a contract ceiling price of $92.2 million.

LAMPS is a modernization program that will provide more mobile, reliable and logistically supportable tactical electric power sources for the U.S. Department of Defense's (DoD) 21st century digitized forces. LAMPS will replace the currently fielded 100 and 200 kW Military-Standard generator sets procured from 1980 through 1992 and the Tactical Quiet Generator (TQG) sets initially fielded in 2004. The new equipment will provide improved tactical electric power to combat, combat support and combat service support units throughout the U.S. Army and the other military services within the DoD.

"We are excited that Westwood has been selected to design the next generation of LAMPS, which will support our troops for years to come," said Robert E. Leskow, president of L-3's Marine and Power Systems Group. "We look forward to providing the U.S. Army with a quality product and to working together as a team on this vital effort. This is another example of how L-3 is providing fuel-efficient power generation solutions to the U.S. Army."

L-3 Westwood is a leader in the design and manufacture of Tactical Quiet Generator sets for the U.S. Department of Defense. The company has designed and built electrical distribution and control equipment since 1968, including many different types of power and signal switchboards. L-3 Westwood equipment has been installed on a full range of naval vessels - from nuclear-powered aircraft carriers to destroyer escorts, submarines and special-purpose small boats. In addition, L-3 Westwood has extensive experience and a large library of design information to support these vessels. The company also designs and builds signal switchboards for all types of applications. To learn more, please visit the company's website at www.L-3com.com/Westwood.

Comprising more than 25 operating companies, L-3 Marine & Power Systems (L-3 M&PS) is a worldwide leader in maritime automation and control, navigation, communications, dynamic positioning, and power distribution and conditioning for the U.S. Navy, allied foreign navies and commercial customers worldwide. With over 80 locations in 20 countries, L-3 M&PS is a cohesive, global partner with extensive capabilities and a proven track record in delivering the highest level of technology, service and integration. To learn more about L-3 Marine & Power Systems, please visit the company's website at www.L-3com.com/MPS.

Headquartered in New York City, L-3 employs approximately 51,000 people worldwide and is a prime contractor in C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems, aircraft modernization and maintenance, and national security solutions. L-3 is also a leading provider of a broad range of electronic systems used on military and commercial platforms. To learn more about L-3, please visit the company's website 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.

L-3 Communications
Corporate Communications
212-697-1111


© Business Wire 2012
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