L-3 Communications (NYSE:LLL) announced today that it has been awarded a contract totaling $208 million by the Australian Defence Force (ADF), under the LAND 53 Phase 1BR program, to deliver soldier modernization technology, including specialized night vision equipment, to the Australian Army. The five-year contract was awarded through a competitive bid process that included extensive ADF field testing. Deliveries are expected to occur between May 2017 and May 2021.
“This new business award demonstrates the growing demand for our highly advanced, capable products and solutions in a key international market,” said Michael T. Strianese, L-3’s Chairman and Chief Executive Officer. “L-3’s ability to deliver a collaborative, one-company solution to meet a wide range of requirements is increasingly important to our customers, both in Australia and across the globe.”
Work will be performed by L-3 Warrior Systems in collaboration with Australia-based L-3 Oceania, both in L-3’s Electronic Systems business segment. Under this contract, L-3 will provide the Australian Army with innovative targeting and detection capabilities that are designed to perform at night and under all weather conditions. These include binocular night vision goggles, which incorporate white phosphor image intensification technology, a compact multifunction aiming laser with integrated white light capability, and the next generation of lightweight, miniature laser rangefinders. L-3 Warrior Systems is also scheduled to open a new sustainment center in Australia to provide in-country logistics support, as well as regional customer support, for this project.
Source: L-3 Communications
Date: Nov 14, 2016