The UK buys refit on their C-130s

L3 was awarded a contract by the UK’s Ministry of Defence to perform replacement of the outer wings of three C-130 aircraft. The contract is worth over $18 M. The actual work will be done in Canada. Like many European companies expanding in the US market; it also behooves US ones to work there. Especially with so much originally American equipment being used by the UK, Germany and other NATO countries.

For the actual press release see MarketWatch at the Wall Street Journal Digital Network.

Research indicates that war in Iraq and Afghanistan good for the defense business

According to this article at Bloomberg.com the wars since 9/11 have been good to defense contractors. Two companies, L3 and Harris Corporation saw their stock price triple; or out perform the S&S six times. It can be expected that at least in the short term the wars and the defense budgets will continue to provide revenue for these companies. Unfortunately for them there will be that eventual time when there will be reductions in operations and in the budget as a whole as has happened so many times in the past in America.

DoD clears way ahead for $4.6 Billion translation contract

Dyncorp was cleared to go ahead and begin work on a $4.6 B contract it had won to provide translation services in Iraq to the US DoD. It had been protested by one of the losers. See the story here. L3 dropped the protest after it became part of the team that Dyncorp had set up to perform the services. That is one way around the protests process. Of course it helps that this is one large service contract with plenty of work to spread around. L3 was the incumbent who lost the contract.

Marines order training devices

February 22, 2008 by Dagpotter · Comment
Filed under: Contract Awards, L-3, U.S. Marine Corps, U.S. Navy, logistics 

L-3 Communications won a contract from the Navy to provide video and audio capture devices. See the article at Forbes here. These will be used to support pre-deployment training at various sites in the US. The contract is worth $326 M. The devices are quite sophisticated as the price indicates.

L3 wins CLS contract from US Army

January 10, 2008 by Dagpotter · Comment
Filed under: Contract Awards, L-3, U.S. Army, logistics 

L3 Corporation won a time and material contract to provide support to the Corpus Christi Army Depot. The wording of the press release is a little hard to get around. See DefenseLink.mil here for more. The actual quote is “for logistics support in the area of aircraft workers.”

Link wins contract for Predator operator training

January 4, 2008 by Dagpotter · Comment
Filed under: L-3, U.S. Air Force, training 

L-3 Link announced that the US Air Force had awarded them a contract to upgrade the Predator training system. See this story here. The contract will upgrade the software and add current capabilities to the training system. As systems are modified to include new capabilities the training system as well need to be modified. This is so the operators will be able to learn and practice with these new capabilities.