L-3 Receives Order for ProVision® 2 Checkpoint Security Scanners
December 20 2016 - 9:15AM
Business Wire
L-3 Communications (NYSE:LLL) announced today that it has
received an order from the Transportation Security Administration
(TSA) for its ProVision® 2 next-generation security scanners for
primary passenger screening at airports across the United States.
The value of the award is more than $21 million.
“We’re pleased that the TSA has chosen L-3’s ProVision 2 as part
of its strategy to enhance checkpoint security and the airline
passenger experience,” said Michael T. Strianese, L-3’s Chairman
and Chief Executive Officer. “We are committed to building on our
long-term relationship with the TSA and to continue investing in
research and development initiatives that yield security
innovations and meet performance requirements.”
Deployed at approximately 200 U.S. airports, the ProVision
platform is the industry’s leading solution for safe and efficient
advanced personnel screening. This order brings the U.S. aviation
installed base to approximately 1,000 systems, with nearly 2,000
ProVision systems used at airports and other security screening
checkpoints worldwide.
Work on this contract will be done by L-3’s Security &
Detection Systems division, which is part of the Aviation Products
& Security sector within the Electronic Systems business
segment.
Headquartered in New York City, L-3 employs approximately 38,000
people worldwide and is a leading provider of a broad range of
communication and electronic systems and products used on military,
homeland security and commercial platforms. L-3 is also a prime
contractor in aerospace systems, security and detection systems,
and pilot training. The Company reported 2015 sales of $10.5
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 1995Except 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.
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