Business Services Industry
L-3 Communications Teams with Raytheon Aircraft Company to Improve Military Parts Support
Business Wire, July 22, 2004
FARNBOROUGH, England -- L-3 Communications (NYSE: LLL) today announced that it has teamed with Raytheon Aircraft Company in a five year material/supply support agreement for aftermarket support of the Raytheon T-6A Texan II primary training aircraft.
L-3 Communications' Vertex Aerospace division (L-3 Vertex), based in Madison, Mississippi, will be the exclusive material/supply provider for the T-6A, which will improve support of international operators and increase the quantity and range of spare parts and technical services available for U.S. Air Force and U.S. Navy T-6A fleets. L-3 Vertex provides material support under subcontract to Raytheon Aircraft for all domestic T-6A aircraft delivered to the U.S. Air Force and U.S. Navy through the Joint Primary Aircraft Training System (JPATS) program. The JPATS program calls for 780 aircraft to be delivered to the joint services.
The Hellenic Air Force (HAF) operates 45 T-6A aircraft and the NATO Flying Training Canada (NFTC) operates 24 aircraft.
The two companies have a long history partnering to support Raytheon/Beech military aircraft. L-3 Vertex provides full, lifecycle support to supply and maintain the T-34C Mentor, T-44 Pegasus, the T-1A Jayhawk, and various models of the C-12 - all built by Raytheon Aircraft.
"Raytheon Aircraft is a very important strategic partner, and we are delighted to announce this teaming arrangement," said Dan Grafton, president of L-3 Communications' Vertex Aerospace. "International government aviation customers will realize the benefits of the alliance of logistics and product support from both L-3 Vertex and Raytheon Aircraft that will provide greater flexibility and responsiveness in aircraft support services."
"This agreement with L-3 Vertex provides T-6A customers greater availability of in-stock parts and a dedicated team to T-6A requirements," said Sherry Grady, vice president of government business for Raytheon Aircraft. "Customers will be able to decrease their lead time for both parts purchases and parts repair services through our leverage of factory support and extensive FAA-approved repair station capabilities."
Raytheon Aircraft designs, manufactures, markets and supports Beechcraft and Hawker aircraft for the world's commercial, military and regional airline markets.
L-3 Vertex Aerospace provides aviation and aerospace technical services, primarily to government customers. The company has 10,700 employees working from 300 locations worldwide. L-3 Vertex is a subsidiary of L-3 Communications' Integrated Systems division.
Headquartered in New York City, L-3 Communications is a leading provider of Intelligence, Surveillance and Reconnaissance (ISR) systems, secure communications systems, aircraft modernization, training and government services and is a merchant supplier of a broad array of high technology products. Its customers include the Department of Defense, Department of Homeland Security, selected U.S. Government intelligence agencies and aerospace prime contractors.
To learn more about L-3 Communications, 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. 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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