L3 WESCAM Wins Largest Contract in History - Both in Units and Value

L3 WESCAM has reason to celebrate as it was recently announced that we have won our largest contract in our history. Valued at $454 Million, the 5-year ID/IQ contract includes modernizing a fleet of Shadow RQ-7B UAVs belonging to the U.S. Army with our MX-10D EO/IR and lasing sensor systems.

The US Army has selected our MX-10D as their preferred EO/IR/LD (Electro-Optic/Infrared/Laser Designator) sensor based on the demonstrated in-field performance and reliability of our next-generation sensor technology. This new technology includes the enhanced high-resolution HD imagery, improved geo-location precision and extended long-range target designation capability that the US Army requires to execute their missions.

“We are proud to have our newest EO/IR technology as part of the U.S. Army Shadow program”, said Matt Richi, President of L3 WESCAM USA, “For over 44 years, we’ve worked with the U.S. Army to maintain their competitive advantage in ISR missions across a variety of platforms. This important upgrade will ensure they keep that advantage in the years ahead.”

Thank you to U.S. Army for trusting L3 WESCAM to deliver this important capability. Please read the issued press release below from L3 Technologies for more details.

 

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L3 to Deliver Modernized ISR Sensors With Next-Generation Accuracy
WESCAM MX-10 selected for the U.S. Army’s Shadow UAV

L3 Technologies (NYSE:LLL) announced today that has been awarded an indefinite-delivery/indefinite-quantity (ID/IQ) contract valued at up to $454 million from the U.S. Army for the next-generation Wescam MX™-10D electro-optical, infrared and laser designator (EO/IR/LD) sensor suite. These modernized ISR systems operate from the Army’s Tactical Unmanned Air Systems Shadow UAV (RQ-7Bv2) and provide an advanced capability to collect critical information for use by all members of an air-ground maneuver team. This is a five-year contract with option for the U.S. Army to extend to an additional five years.

“L3’s WESCAM imaging and targeting turrets deliver the highest-precision situational awareness to our customers to help them overcome emerging regional and global threats,” said Christopher E. Kubasik, Chairman, Chief Executive Officer and President. “We are focused on developing new state-of-the-art multi-domain C6ISR technologies in support of the U.S. Army’s Modernization Strategy.”

“The MX-10D is proven and successfully operational on the Shadow,” added Jeff Miller, Corporate Senior Vice President and President, ISR Systems. “This win secures L3’s prime position on a major platform in the UAV space and expands our growth opportunities for EO/IR international users considering surveillance and targeting upgrades.”

L3 will continue to invest in research and development as the U.S. Army will be evaluating options for their next generation Future Tactical Unmanned Aerial System (FTUAS) program, the replacement for Shadow targeted for 2025.

Source: L3 WESCAM
Date: Oct 8, 2018