Business Wire 13-Jul-2018 12:42 PM
L3 Technologies (NYSE:LLL) announced today that it will feature two next-generation Intelligence, Surveillance and Reconnaissance (ISR) solutions for government and military applications at the upcoming Farnborough International Airshow.
L3 will exhibit both its new, extended-performance version of Bombardier's™ Q400™ aircraft and the AT-802L Longsword™, an FAA- and military-certified ISR and light-attack aircraft, at the L3 Aircraft Support Pavilion, with capability briefings provided throughout the trade days of the airshow from July 16-20, 2018.
"L3 is an industry leader that delivers advanced, rapidly reconfigurable ISR solutions for a variety of complex missions, and we're investing in more innovative technologies and systems to meet the needs of our customers," said Christopher E. Kubasik, L3's Chairman, Chief Executive Officer and President. "Our customers need aircraft that can be deployed quickly. They want quality, and they want the best solutions for their requirements and their budgets. These two platforms help to accomplish those goals."
L3's Multi-Mission Aircraft (MMA) offers three baseline Q400 aircraft configurations — Multi-Role, Maritime Patrol and ISR/Special Operations — that enable nine mission profiles. The ability to adapt the MMA to meet each user's distinctive needs sets it apart from other general or multi-purpose systems. Interchangeable, extended-range fuel tanks with mission payload and future provisions for fire-retardant delivery systems enable the platform to be quickly reconfigured for diverse planned operations or quick response to unexpected situations.
"As the world's threats evolve, our efforts to respond have evolved as well," said Darryl Conley, Vice President of Strategic Capture for L3 Aerospace Systems. "The L3 Q400 MMA is ready for tomorrow's challenges and blends the strengths of a modern high-performance turboprop with our proven record as a systems integrator and payload innovator. This platform provides a single, reliable, cost-effective means to do the same work of a mixed fleet of specially equipped aircraft. The L3 MMA is the perfect solution to replace aging maritime/ISR aircraft fleets and the increased costs that go along with them."
The AT-802L Longsword was developed through a collaboration between aircraft manufacturer Air Tractor and L3 Aerospace Systems. It is based on the successful AT-802-series of Air Tractor aircraft, among the world's largest and most capable aircraft. The AT-802's renowned heritage translates to best-in-class payload and endurance, and a global network of support for the more than 770 AT-802 aircraft delivered by Air Tractor.
"Longsword is a low-cost aircraft solution that can be configured for ISR and light-attack missions," said Jonathan Dalrymple, Vice President of Business Development for L3 Aerospace Systems. "The platform provides precision targeting and enduring surveillance capabilities at a fraction of the sustainment cost of traditional fighter aircraft."
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 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.
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