L-3 Communications (NYSE: LLL) announced today that its STRATIS division has been awarded an indefinite-delivery/indefinite-quantity (ID/IQ) contract under the Agile Cyber Technology (ACT) program. Supporting the U.S. Air Force Research Laboratory (AFRL), ACT has a funding ceiling of $300 million over the next five years. As one of six firms selected as an ID/IQ award winner, L-3 STRATIS is now qualified to compete for task orders as an ACT prime contractor.
The ACT contract provides a focused, yet flexible contracting vehicle for cyber acquisition between AFRL, military program offices and the operational community for rapid development, prototyping, demonstration, evaluation and transition of cyber capabilities.
“We are proud to be part of this agile approach to delivering cyber technologies that help ensure national security,” said Les Rose, president of L-3 National Security Solutions Group. “As L-3’s Center of Excellence for cyber initiatives, we develop full-spectrum cyber solutions and services for mobile, cloud and more traditional enterprise environments. Committed to research, development and rapid delivery of capabilities, we are excited that this vehicle will be used by our customer to acquire the next generation of cyber capabilities.”
AFRL is the Air Force’s organization wholly dedicated to leading the discovery, development and integration of warfighting technologies for air, space and cyberspace forces. L-3 STRATIS will be executing this contract from its cyber program office in San Antonio, Texas, which is also the home of 24 th Air Force (AFCYBER) and the Air Force Intelligence, Surveillance and Reconnaissance Agency.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, 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. 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.
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