Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Nyse  >  L-3 Communications Holdings, Inc.    LLL

News SummaryMost relevantAll newsSector news 
The feature you requested does not exist. However, we suggest the following feature:

L 3 Communications : -3 ink Receives Award to Compete on Future Task Orders Under U.S. Air Force Training Systems Acquisition III Contract

10/06/2015 | 09:09am US/Eastern

L-3 Communications (NYSE:LLL) announced today that its Link Simulation & Training (L-3 Link) business has been awarded a position to compete under the U.S. Air Force (USAF) Training Systems Acquisition (TSA) III contract. L-3 is one of 12 large company contractors to compete for future TSA III task orders over the next 10 years, which, collectively, could have a potential value of $20.9 billion.

Under TSA III task orders, L-3 Link would provide analysis, design, development, production, installation, integration, test and sustainment support for USAF training configurations encompassing complex aircrew, maintenance and system-specific training systems. These task orders will support training on fighter, bomber, cargo, air tanker, unmanned aerial, and special operations fixed- and rotary-wing platforms. Training will focus on aircraft operations, weapons, navigation, and command and control for both individual and aircrew events, ranging from single aircraft to large-scale, composite force mission rehearsal training. A primary goal under TSA III task orders will be to significantly reduce acquisition lead times on active Air Force, Air Force Reserve, Air National Guard and Foreign Military Sales training and sustainment programs.

“Under the service’s current TSA II contract, we have had the privilege of providing the U.S. Air Force with advanced training solutions on various programs, including F-16 Aircrew Training Devices, the Predator Mission Aircrew Training System and the T-1A Ground-Based Training System,” said Lenny Genna, president of L-3 Link. “We made substantial investments in new technologies and methods of training, fielding these advancements on TSA II programs that have resulted in enhanced training capabilities for the service. Our commitment is stronger than ever to continue to make strategic investments in next-generation solutions that will enable the USAF to procure, in a streamlined process, low-risk, technically advanced solutions that deliver immediate benefits to pilots, aircrews and maintenance professionals.”

L-3 Link Simulation & Training (L-3 Link) is a world leader in providing intelligent total training solutions for operators and maintainers across a wide range of military and commercial platforms. L-3 Link’s innovative solutions provide a full spectrum of state-of-the-art training technologies, including high-fidelity immersive simulations, as well as distributed academic and interactive courseware. The company, headquartered in Arlington, Texas, has delivered military and commercial training systems to customer locations throughout North America, Europe, Asia, the Middle East and the Pacific Rim. For more information, please visit the company’s website at www.link.com.

Headquartered in New York City, L-3 employs approximately 45,000 people worldwide and is a prime contractor in aerospace systems and national security solutions. L-3 is also a leading provider of a broad range of communication and electronic systems and products used on military and commercial platforms. The company reported 2014 sales of $12.1 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.

© Business Wire 2015
React to this article
09:09a L 3 COMMUNICATIONS : -3 ink Receives Award to Compete on Future Task Orders Unde..
09/29 L 3 COMMUNICATIONS : MILITARY $9.78 Million Federal Contract Awarded to L-3 Comm..
09/28 L 3 COMMUNICATIONS : To Pay $4.63 Mln To Settle Overcharging Allegations
09/28DJL 3 COMMUNICATIONS : to Pay $4.6 Million to Resolve Whistleblower Suit
09/24 L 3 COMMUNICATIONS : Assigned Patent
09/21 L 3 COMMUNICATIONS : -3 receives US Army's Apache MUMT-X upgrade programme
09/21 L 3 COMMUNICATIONS : -3 Receives Contract for Apache MUMT-X Upgrade Program
09/17 Boeing rivals step up pressure for UK spy plane competition
09/17 L 3 COMMUNICATIONS : -3 Receives Contract for Apache MUMT-X Upgrade Program
09/12 L 3 COMMUNICATIONS : MILITARY $27,247 Federal Contract Awarded to L-3 Communicat..
Duration : Period :
L-3 Communications Holding Technical Analysis Chart | LLL | US5024241045 | 4-Traders
Income Statement Evolution
More Financials