L3 Announces Free Space Optics Contract Awards

Date : 11/21/2017 @ 9:00AM
Source : Business Wire
Stock : L3 Technologies, Inc. (LLL)
Quote : 204.2  0.86 (0.42%) @ 4:02PM

L3 Announces Free Space Optics Contract Awards

L3 Technologies, Inc. (NYSE:LLL)
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L3 Technologies (NYSE:LLL) announced today the award of multiple contracts relating to the development of Free Space Optics (FSO) capabilities for U.S. Department of Defense (DoD) and space customers. FSO technology enables high-bandwidth communication while protecting signal integrity in a highly contested spectrum environment and is a proven next-generation solution for high-capacity, over-the-air communications.

“Our continued investment in FSO technologies builds on our leadership in providing state-of-the-art data links that deliver the most reliable and secure communications possible for our customers,” said Christopher E. Kubasik, L3’s President and Chief Operating Officer. “Our focus on bringing innovation to the space and near-space domains reflects our strategy of aligning with our customers’ priorities in these markets to increase their efficiencies and overall mission effectiveness.”

Work on these contracts will be done by L3 Communication Systems-West (L3 CS-West), which is part of the company’s Communication Systems business segment. L3 CS-West has been developing robust and reliable FSO communications since 2007, enabling long- and short-haul transmission capabilities for enhanced dissemination of large volumes of video and data.

L3 CS-West is a leader in communication systems for high-performance networks, including intelligence collection, imagery processing and satellite communications for the DoD and other customers. The company provides high data rate, wideband, secure, real-time communication systems for surveillance and reconnaissance. To learn more about L3 CS-West, please visit the company’s website at www.L3T.com/CSW.

Headquartered in New York City, L3 Technologies employs approximately 38,000 people worldwide and is a leading provider of a broad range of communication, electronic and sensor systems used on military, homeland security and commercial platforms. L3 is also a prime contractor in aerospace systems, security and detection systems, and pilot training. The company reported 2016 sales of $10.5 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.

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.

L3 TechnologiesCorporate Communications212-697-1111

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