NEW YORK--(BUSINESS WIRE)--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.
L-3 National Security Solutions (L-3 NSS) is a prime mission partner to defense, intelligence and government agencies, as well as international and commercial organizations. Its integrated solutions combine best-of-breed technology and proven processes with in-field expertise that crosses the domains of cyber, intelligence, enterprise and mission IT, command and control, Big Data and physical security. L-3 NSS partners with customers, industry and academia to provide mission support and innovations that reduce costs and improve performance at the “speed of need.”
Headquartered in New York City, L-3 employs approximately 45,000 people worldwide and is a prime contractor in aerospace systems and national security solutions. L-3 is also a leading provider of a broad range of communication and electronic systems and products used on military and commercial platforms. The company reported 2014 sales of $12.1 billion.
To learn more about L-3, please visit the company’s website at www.L-3com.com. L-3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L-3 is routinely posted on the company’s website and is readily accessible.
Safe Harbor Statement Under the Private Securities Litigation Reform
Act of 1995
Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “will,” “could” and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the company’s Safe Harbor Compliance Statement for Forward-Looking Statements included in the company’s recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.