L-3 Communications (NYSE: LLL) announced today that its National Security Solutions (NSS) Group was awarded a $357 million task order under the GSA Alliant contract vehicle by the GSA Federal Systems Integration and Management Center. L-3 will provide software development, systems integration, distance learning and IT technical support services in support of the Reserve Component Automation (RCA) program.
RCA is a mission-critical program to modernize and sustain an automated information system that enhances the Army Reserve and National Guard’s ability to accomplish unit mobilization planning and readiness and support day-to-day administration. The program is part of the U.S. Army Program Executive Office Enterprise Information Systems.
“This win is a testament to the collaborative capabilities of L-3 and our agility in identifying ways to enhance our offerings to our customers,” said Les Rose, president of L-3’s NSS Group. “By leveraging expertise and resources from across the company, and through key external partnerships, our work will provide Army Reserve and National Guard soldiers continuity of current operations as well as advancements in software development and IT life-cycle support, and we are proud to assist them.”
Work on the contract is underway in L-3’s Reston, Va. facility and is expected to continue through 2018.L-3 National Security Solutions (NSS) Group provides full-spectrum cyber operations, enterprise and mission information technology, intelligence operations support and operational infrastructure support through integrated engineering, adaptive processes and the expertise required to solve critical security challenges. 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.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts