L-3 Awarded Maritime Security Work in Equatorial Guinea

(New York, February 24, 2010) -- L-3 Communications (NYSE: LLL) announced today that its MPRI division has been awarded a $58 million firm-fixed-price task order with the government of Equatorial Guinea to establish a Maritime Security Enhancement Program (MSEP). This task order is the first part of a multi-year contract, with a potential value of approximately $250 million. The MSEP is designed to provide nationwide coastal surveillance coverage for the Republic of Equatorial Guinea.

"This important contract award represents a strategic opportunity to contribute not only to the vital maritime security of Equatorial Guinea, but also provides a thoughtful approach toward establishing long-term stability for the entire region," said Jim Jackson, general manager for MPRI's International Group.


The MSEP envisions completion of a surveillance site network and operations centers in Equatorial Guinea within three years. This would be followed up by two years of sustainment and maintenance support for an estimated contract total of five years.

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