L-3 Communications Vertex Aerospace Awarded Naval Air Depot Maintenance Contract Valued at up to $48 Million
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NEW YORK--(BUSINESS WIRE)--Aug. 2, 2006--L-3 Communications (NYSE: LLL) announced today that its Vertex Aerospace (L-3 Vertex) subsidiary has been awarded a two-year, indefinite delivery/indefinite quantity (ID/IQ) contract to provide Depot-Level Maintenance (DLM) work at the Naval Air Systems Command (NAVAIR) Depot North Island, San Diego, California and other locations. The two-year contract is valued at up to $48 million.
L-3 Vertex personnel will augment the government's civil service workforce, performing DLM services, including airframe overhaul, painting and corrosion control, component overhaul and remanufacturing, on a variety of aircraft. Aircraft to be supported will include the F/A-18C Hornet, F/A-18E Super Hornet, EA-6B Prowler, SH-60 Seahawk, UH-1N Huey, S-3B Viking, CH-53E Super Stallion, E-2C Hawkeye, AH-1W Cobra and the C-2A Greyhound.
"We are delighted with the Navy's selection of L-3 Vertex to support our Navy and Marine Corps warfighters with depot-level maintenance solutions at North Island," said Dan Grafton, president of L-3 Vertex. "This award is a testimony to our world class past performance and reputation in support of critical Naval aviation assets."
Seventy eight percent of the work will be performed at North Island, which serves as NAVAIR's west coast aircraft depot specializing in the support of U.S. Navy and Marine Corps aircraft and related systems. Work will also be performed at Camp Pendleton, Lemoore, Point Mugu and Miramar, California; Bremerton, Washington; Kaneohe Bay, Hawaii and Yuma, Arizona.
The contract was awarded by U.S. Navy Contracting Command, Point Mugu, California.
L-3 Vertex provides aviation and other aerospace technical services, primarily to government customers. The company has 11,000 employees working from 300 locations worldwide. L-3 Vertex is a subsidiary of L-3 Communications and is part of L-3's Integrated Systems group of companies.
Headquartered in New York City, L-3 Communications is a leading provider of Intelligence, Surveillance and Reconnaissance (ISR) systems, secure communications systems, aircraft modernization, training and government services. The company is a leading merchant supplier of a broad array of high technology products, including guidance and navigation, sensors, scanners, fuzes, data links, propulsion systems, simulators, avionics, electro optics, satellite communications, electrical power equipment, encryption, signal intelligence, antennas and microwave components. L-3 also supports a variety of Homeland Security initiatives with products and services. Its customers include the Department of Defense, Department of Homeland Security, selected U.S. Government intelligence agencies and aerospace prime contractors.
To learn more about L-3 Communications, please visit the company's web site at www.L-3com.com.
L-3 Communications
Cynthia Swain,
212-697-1111
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L-3 Vertex Aerospace
Chris Blount,
601-607-6411
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Financial Dynamics
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