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L-3 Awarded Contract To Build Iraq F-16 Block 52 Full Mission Trainers

Stock quotes in this article: LLL 

L-3 Communications (NYSE: LLL) announced today that its Link Simulation & Training (L-3 Link) division has been awarded a contract from the U.S. Air Force Life Cycle Management Center at Wright-Patterson Air Force Base near Dayton, Ohio, to build two F-16 Block 52 Full Mission Trainers (FMTs) for the Iraqi Air Force.

“L-3 is focused on diversifying our business, both internationally and commercially, and this award further demonstrates our commitment to that strategy,” said Steve Kantor, president of L-3’s Electronic Systems Group. “We have long been a leader in military simulation and training, and this is our first-ever military simulator sale to Iraq.”

The F-16 Block 52 FMTs, being built at L-3’s Arlington, Texas facility, will incorporate the company’s HD World ® integrated simulation product line. High-definition databases, image generators, SimuSphere HD-9 visual displays and physics-based processing technology will produce highly realistic and relevant fighter training environments within a geo-specific visual system database of Iraq.

The FMTs will incorporate L-3’s simulated Joint Helmet Mounted Cueing System, enabling pilots to view flight information wherever they turn their head while conducting a flight. This simulation capability will allow pilots to practice control of aircraft targeting systems and sensors.

“We welcome Iraq as our 11th international customer for F-16 training systems,” said Lenny Genna, president of L-3 Link. “Our immersive, high-definition simulation solution will enable Iraqi Air Force F-16 pilots to gain training credit equivalent to live training while conducting new pilot and advanced skills training.”

L-3 is the leading provider of F-16 simulators worldwide. Since the 1970s, the company has delivered over 140 F-16 training devices in support of the U.S. Air Force, Air National Guard and international militaries.

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. 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.

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