L-3 Wins Two NSA Contracts Valued at $367 M

L-3 Communications (NYSE:LLL) announced today that its National Security Solutions (NSS) business has been awarded two National Security Agency (NSA) Enterprise Program Management (EPM) contracts worth a total of $367.3 million. The five-year contracts provide systems engineering, acquisition planning, program management and financial management for two of NSA’s major mission areas.

“In this rapidly evolving geopolitical environment, we are very pleased for the opportunity to continue our valued partnership with the National Security Agency as the incumbent on both programs,” said Les Rose, president of L-3 NSS. “Our commitment to providing targeted and affordable solutions enhances our customers’ effectiveness against today’s threats and yields opportunities in meeting tomorrow’s national security challenges.”

Together, the maximum ceiling value of both contracts over five years is approximately $1 billion.

Source: L-3 Communications
Date: Jan 30, 2015