L3 Awarded A Contract for the Australian Offshore Patrol Vessel Program
April 16 2018 - 1:30PM
Business Wire
L3 Technologies (NYSE:LLL) announced today that it has been
awarded a contract for the Royal Australian Navy’s (RAN) SEA 1180
Offshore Patrol Vessels (OPV). The prime contractor, Luerssen
Australia Pty Ltd., has selected L3 Communications Australia Pty
Ltd. to provide the integrated communications, bridge, navigation
and platform management systems for all 12 OPV platforms.
“L3’s work on the OPV design and construction phase will enable
us to continue to increase our footprint in the Australian defense
market,” said Christopher E. Kubasik, L3’s Chief Executive Officer
and President. “This strategy enables the Australian government’s
Naval Shipbuilding Strategy to further benefit from L3
Communications Australia’s advanced maritime integration and
manufacturing capabilities.”
Mr. Kubasik added that the OPV program allows L3 to bundle a
range of maritime solutions that are expected to deliver measurable
growth and sustained support for local Australian industry.
Work on this program will be performed by L3 Communications
Australia and supported by cross-segment collaboration from L3’s
Communication Systems, Sensor Systems and Electronic Systems
business segments. Following successful program execution on
contracts for the Canberra Class Amphibious Assault Ship Landing
Helicopter Dock (LHD) and Collins Class Submarine, this important
contract award reinforces L3 Communications Australia’s leadership
in providing world-class communications and electronic systems for
the RAN.
“The OPV’s design, coupled with L3’s innovative systems
solutions, will offer enhanced operational performance to the Royal
Australian Navy,” said Alan Titheridge, Managing Director of L3
Technologies Australia Group. “The ongoing industrial collaboration
on the SEA 1180 program helps the RAN to significantly boost its
patrol and deterrence capabilities alongside allied forces
throughout the Asia-Pacific region.”
Headquartered in New York City, L3 Technologies employs
approximately 31,000 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 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.
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
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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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