L-3 Awarded 2 Contracts in Support of Iraq and Special Operations

(New York, March 11, 2010) -- L-3 Communications (NYSE: LLL) announced today that its STRATIS division has been awarded a three-year contract valued at $230.9 million to provide intelligence support services to United States and multinational forces in Iraq. L-3 has been successful in the recompetition of this firm-fixed-fee contract, with a scope of service extending to November 2012.

L-3 will provide program management, counterintellience support, intelligence analysis, intelligence planning and multimedia exploitation services at various forward operating bases and facilities throughout Iraq. Work on this initiative will be performed both in Iraq and Tampa, Fla.


A second award to STRATIS was a one-year contract valued at $24.8 million to provide imagery analysis services in support of the U.S. Special Operations Command (USSOCOM). This competitively-won cost-plus-fixed-fee contract includes the initial base year and four option years, with a scope of service extending to November 2014.

"In both instances, we are proud to have the opportunity to provide continuous support to our multinational forces participating in Operation Iraqi Freedom in the vital areas of intelligence analysis, planning and program management," said Les Rose, president of L-3 STRATIS. "This effort complements our initiative in support of USSOCOM and its vital mission of conducting critical intelligence operations. Our seasoned professionals take great pride in their ability to make a significant contribution to our overall national security effort."

Source : DRS Technologies Inc., A Finmeccanica Company (Milan: FNC.MI)