MONTREAL, October 5, 2011 - L-3 MAPPS announced today that it has been awarded a contract to supply degaussing systems for the Royal Canadian Navy's 12 KINGSTON-Class Maritime Coastal Defence Vessels. These advanced degaussing systems will be delivered and supported locally in collaboration with SAM Electronics, an L-3 company, which produces one of the most effective means of ship protection against modern sea mines. The SAM Electronics solution reduces the magnetic signature of ships to safe levels mitigating the threat from sea mines and has been successfully delivered to 15 of the world's leading navies.
"We are pleased to expand the scope of our product and service offerings in Canada to include electrical systems from L-3's SAM Electronics business," said Rangesh Kasturi, vice president of marketing and sales for L-3 MAPPS Marine Systems and Simulation. "As an industry leader, we are able to leverage our proven capabilities and the global footprint of L-3's Marine & Power Systems group of companies to meet the increasing requirements of the Royal Canadian Navy and the Canadian Coast Guard."
L-3 MAPPS has provided marine control systems, trainers and training services to the Royal Canadian Navy's ships and submarines for over 25 years, and is currently implementing the Halifax-Class Frigates Integrated Platform Management System upgrade contract.
L-3 MAPPS, a division of L-3 Marine & Power Systems, has over 25 years of experience in pioneering technological advances in the marine automation field and over 35 years of experience in delivering high-fidelity power plant simulation to leading utilities worldwide. In addition, the company has more than three decades of expertise in supplying plant computer systems for Canadian heavy water reactors. L-3 MAPPS also provides targeted controls and simulation solutions to the space sector. To learn more about L-3 MAPPS, please visit the company's website at www.L-3com.com/MAPPS.
Comprised of more than 25 operating companies, L-3 Marine & Power Systems (L-3 M&PS) is a worldwide leader in maritime automation and control, navigation, communications, dynamic positioning, and power distribution and conditioning for the U.S. Navy, allied foreign navies and commercial customers worldwide. With over 94 locations in 20 countries, L-3 M&PS is a cohesive, global partner with extensive capabilities and a proven track record in delivering the highest level of technology, service and integration. To learn more about L-3 Marine & Power Systems, please visit the company's website at www.L-3com.com/MPS.
Headquartered in New York City, L-3 Communications employs approximately 63,000 people worldwide and is a prime contractor in C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems, aircraft modernization and maintenance, and government services. L-3 is also a leading provider of a broad range of electronic systems used on military and commercial platforms. The company reported 2010 sales of $15.7 billion. To learn more about L-3, please visit the company's website at www.L-3com.com.
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Except 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.