L-3 Awarded Up to $300M Contract Position to Support Major U.S. Air Force Cyber Initiative
L-3 Communications (NYSE: LLL) announced today that its STRATIS division has been awarded an indefinite-delivery/indefinite-quantity (ID/IQ) contract under the Agile Cyber Technology (ACT) program. Supporting the U.S. Air Force Research Laboratory (AFRL), ACT has a funding ceiling of $300 million over the next five years. As one of six firms selected as an ID/IQ award winner, L-3 STRATIS is now qualified to compete for task orders as an ACT prime contractor.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.