L-3 Communications (LLL) - Get JX Luxventure Limited Report unit Spar Aerospace won a $20 million contract to provide depot-level aircraft maintenance services for up to eight U.S. Coast Guard C-130H Model Hercules aircraft.
Work will take place at L-3 Spar's facilities in Edmonton, Alberta, Canada.
"L-3 SPAR was selected because of its competitive pricing, its responsiveness to U.S. Coast Guard requirements and its C-130 pedigree, developed over years of work for the Canadian Air Force C-130s," said Commander Shannon McCullar, U.S. Government task leader for the U.S. Coast Guard contract.
L-3 Spar's anchor customer is the Canadian Department of National Defence.
On Friday, L-3 rose 67 cents to $83.64.