L-3 Presents 1st Joint Cargo Aircraft to US Army and AF

(New York, September 25, 2008) -- L-3 Communications (NYSE: LLL), prime contractor for the U.S. Army and Air Force Joint Cargo Aircraft (JCA) program, announced today that it has presented the first C-27J JCA to the joint program office on schedule and on budget. The aircraft is the first of 78 planned to be delivered to the Department of Defense. The current contract is valued in excess of $2 billion.

"We are very proud to have achieved this critical milestone in meeting our commitment to our customer," said Michael T. Strianese, president and chief executive officer of L-3. "With Alenia, we have consistently performed well throughout all phases of the JCA program, and we look forward to continuing to lead this successful effort."


"L-3, Alenia Aeronautica and Alenia North America have worked very hard to ensure that we present the C-27J on time to the U.S. Army," said Pier Francesco Guarguaglini, chairman and CEO of Finmeccanica, parent company to aircraft manufacturer Alenia Aeronautica. "This event demonstrates our group's capability and our strong commitment to the U.S. market."

Source : L-3 Communications Holdings Inc. (NYSE: LLL)