L-3 Communications (NYSE: LLL) announced today that its Security and Detection Systems division has received an award from the Transportation Security Administration (TSA) to supply the second generation of Advanced Imaging Technology (AIT) systems. The indefinite-delivery, indefinite-quantity (ID/IQ) contract has a ceiling value of $245 million.
Under this contract, L-3 will supply its new Provision® 2 system to TSA. Provision 2 is a reduced-size personnel screening system that provides the same image-free threat detection capabilities and safe millimeter wave technology as the widely deployed ProVision® ATD system. The ProVision 2 detects metallic and non-metallic objects, such as weapons, explosives and other targets. Reduced-sized systems provide an alternative to full-size systems, helping to reduce the overall footprint for smaller checkpoint configurations.
Headquartered in New York City, L-3 employs approximately 51,000 people worldwide and is a prime contractor in C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems, aircraft modernization and maintenance, and national security solutions. L-3 is also a leading provider of a broad range of electronic systems used on military and commercial platforms.
Source: L-3 Communications Holdings Inc. (NYSE: LLL)
Date: Nov 6, 2012