NEW YORK, NY, September 27,
2000 -- L-3 Communications (NYSE:LLL) announced today
that its Telemetry & Instrumentation (L-3 T&I) division
is providing Raytheon Company (NYSE: RTNA; RTNB) with
more than 10 System 550 telemetry ground systems in support
of the Advanced Medium Range Air-to-Air Missile (AMRAAM)
upgrade program. The contract is valued at $2 million,
with ongoing system deliveries staggered over the next
five months to meet program milestones.
This strategic contract
is the second large multi-system award L-3 has received
from Raytheon to support AMRAAM. In 1997, L-3 delivered
a total of 12 PC-based telemetry ground systems to support
all phases of AMRAAM missile testing.
"The expanded requirements
of the AMRAAM called for commercial-off-the-shelf (COTS)
telemetry systems able to handle the very highest data
rates," said John Sepp, Raytheon's integrated product
team leader for AMRAAM test equipment. "The System 550
met our demanding technical requirements and offered the
security we were looking for in terms of a stable UNIX-based
platform."
Under the contract, the System
550 telemetry ground systems will support each stage of
the AMRAAM upgrade, including engineering integration,
flight testing and production. The systems are expected
to significantly reduce test time and cost since setups
created for one aspect of testing can easily be leveraged
for subsequent stages of missile verification.
"More than 20 System 550s
are in use at Raytheon for a variety of missile programs,
including AMRAAM," said Keith Wilson, L-3 T&I's director
of business development for flight test. "This important
award for the AMRAAM upgrade demonstrates the System 550's
position as the industry's preferred choice for high-performance,
mission-critical telemetry applications. We are proud
to continue our long-standing partnership with Raytheon
and are committed to providing on-time deliveries and
exceptional support to ensure AMRAAM program success."
L-3 Communications Telemetry
& Instrumentation leads the telemetry and test industry
in the design and manufacture of advanced real-time commercial-off-the-shelf
hardware and software solutions for flight test, weapons
test and development, launch testing and monitoring, spacecraft
command and control, satellite manufacturing and on-orbit
operations, avionics test and integration and general-purpose
data acquisition. All solutions are offered with complete
systems engineering and integration services and are backed
by a global customer support organization. The company
has more than 50 years of experience in telemetry and
data acquisition technology and serves virtually every
major aerospace organization in the world.
Headquartered in New York
City, L-3 Communications is a leading merchant supplier
of secure communications systems and products, avionics
and ocean products, training products, microwave components
and telemetry, instrumentation, space and wireless products.
Its customers include the Department of Defense, selected
US government intelligence agencies, aerospace prime contractors
and commercial telecommunications and wireless customers.
To learn more about L-3 Communications
and its Telemetry & Instrumentation division, please visit
the company's Web site
at www.L-3Com.com.
Safe Harbor Statement under
the Private Securities Litigation Reform Act of 1995:
Except for historical information contained herein, the
matters set forth in this news release 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.
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