Breaking News

Tweet TWEET

L-3 to Supply Advanced Imaging Equipment to the Republic of Korea’s Air Force and Marine Corps

  L-3 to Supply Advanced Imaging Equipment to the Republic of Korea’s Air
  Force and Marine Corps

Business Wire

NEW YORK -- October 16, 2013

L-3 Communications (NYSE: LLL) announced today that its Warrior Systems-ALST
business has been awarded a contract to deliver state-of-the-art Ground Laser
Target Designators (GLTD) to the Republic of Korea (ROK). L-3’s new Scarab
system is a modular laser designator equipped with rangefinding and an IR
thermal imager, providing accurate target designation during the day, night
and in nearly all battlefield conditions. The initial contract value is
approximately $30 million with product delivery beginning in mid-2014.

L-3's Scarab system offers 24/7 day/night capabilities. It is the smallest,
lightest and most afford ...

L-3's Scarab system offers 24/7 day/night capabilities. It is the smallest,
lightest and most affordable designator in its class. (Photo: Business Wire)

“This important win provides our customer with a new and advanced capability
and demonstrates the ROK’s confidence in L-3 Warrior Systems’ ability to
fulfill global requirements for technologically advanced sensor fire-control
systems, while consistently meeting cost and schedule constraints,” said Steve
Kantor, president of L-3’s Electronic Systems Group. “It is also a strategic
new business area for L-3, which expands our market share and creates
near-term international opportunities for our advanced imaging product line.”

Under the terms of the contract with the ROK’s Defense Acquisition Program
Administration (DAPA), L-3 will provide Scarab GLTD systems, conduct
in-country operator and maintenance training, supply spares, and establish and
maintain a full-range, multi-year logistics support capability in the ROK.

As a lightweight, single man-portable system with tripod mounting, Scarab
provides a unique operational capability to identify and designate targets on
the ground. This battery-powered system is capable of over 60 minutes of
continuous designation from a single battery and incorporates the latest
advances in diode-pumped laser generation.

L-3 Warrior Systems is a world leader in the development and production of
advanced night vision and electro-optical systems and components. It supports
all branches of the United States military, law enforcement, first responder
agencies, allied nations and consumers by developing and delivering laser
aiming and illumination devices, laser rangefinder and designator systems,
holographic weapon sights, and night vision imaging systems using the latest
in thermal, image intensifier and fusion technologies.

Headquartered in New York City, L-3 employs approximately 51,000 people
worldwide and is a prime contractor in C^3ISR (Command, Control,
Communications, Intelligence, Surveillance and Reconnaissance) systems,
platform and logistics solutions, and national security solutions. L-3 is also
a leading provider of a broad range of electronic systems used on military and
commercial platforms. The company reported 2012 sales of $13.1 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.

Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20131016005399/en/

Multimedia
Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50729019&lang=en

Contact:

L-3 Communications
Corporate Communications
212-697-1111
 
Press spacebar to pause and continue. Press esc to stop.