Market Overview

U.S. Navy Selects L-3 for Installation of Undersea Warfare Training Range

L-3 Communications (NYSE: LLL) announced today that its MariPro division has been awarded a multi-year contract with a potential value of $127 million, if all options are exercised, to install an Undersea Warfare Training Range off the coast of Jacksonville, Fla., for the U.S. Navy. The scope of this contract includes design, manufacturing and installation of a state-of-the-art undersea warfare training system that will ultimately span 500 square nautical miles.

Phase I of the program will provide the initial infrastructure, including shore facilities and equipment, as well as near-shore cable and seabed sensors to instrument an area of approximately 200 square nautical miles. The second phase of the program will instrument the remaining 300 square nautical miles. The installed system will provide the U.S. Navy with the latest technology to maximize training and testing, particularly in shallow water. The system has a 20-year design life.

“This is an exciting win for our group as we continue to focus our business on priority DoD areas,” said Robert E. Leskow, president of L-3's Marine & Power Systems Group. “L-3 is a world leader in ocean bottom acoustic technology systems, and we are committed to the continuous development of these critical technologies as we expand our market position as a specialized player in this arena.”

“This award is a strategic win for the development of maritime ranges, a core business area for us,” said John Fox, president of L-3's Ocean Systems sector. “We look forward to continuing to enhance the Navy's training capability as we have for many decades, providing the most reliable undersea training technology.”

L-3 MariPro, a division of L-3 Marine & Power Systems, provides reliable concept-through-operations marine systems for military, commercial and academic customers, including fixed and portable maritime training range systems, surveillance systems, marine services, reliable acoustic through-water communications and ocean-observing infrastructure. For over 50 years, L-3 MariPro has provided nearly all of the U.S. Navy's currently operational maritime ranges, many of them operating into their third decade, in thousands of meters of water, at various locations around the world. To learn more, please visit the company's website at www.L-3com.com/MariPro.

Posted-In: News Contracts

 

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