NEW YORK – L3 Technologies (NYSE:LLL) announced today that it 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 an option for the U.S. Army to extend for 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, L3’s 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 of ISR Systems. “This win secures L3’s prime position on a major platform in the UAV space and expands our growth opportunities for international EO/IR 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 its next-generation Future Tactical Unmanned Aircraft System (FTUAS) program, the replacement for Shadow, targeted for 2025.
L3 Technologies is an agile innovator and leading provider of global ISR, communications and networked systems, and electronic systems for military, homeland security and commercial aviation customers. With headquarters in New York City and approximately 31,000 employees worldwide, L3 develops advanced defense technologies and commercial solutions in pilot training, aviation security, night vision and EO/IR, weapons, maritime systems and space. The company reported 2017 sales of $9.6 billion.
To learn more about L3, please visit the company’s website at www.L3T.com. L3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L3 is routinely posted on the company’s website and is readily accessible.
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