NEW YORK--(EON: Enhanced Online News)--L-3 Communications (NYSE:LLL) announced today that it has received an order from the Transportation Security Administration (TSA) for its ProVision® 2 next-generation security scanners for primary passenger screening at airports across the United States. The value of the award is more than $21 million.
“We are committed to building on our long-term relationship with the TSA and to continue investing in research and development initiatives that yield security innovations and meet performance requirements.”
“We’re pleased that the TSA has chosen L-3’s ProVision 2 as part of its strategy to enhance checkpoint security and the airline passenger experience,” said Michael T. Strianese, L-3’s Chairman and Chief Executive Officer. “We are committed to building on our long-term relationship with the TSA and to continue investing in research and development initiatives that yield security innovations and meet performance requirements.”
Deployed at approximately 200 U.S. airports, the ProVision platform is the industry’s leading solution for safe and efficient advanced personnel screening. This order brings the U.S. aviation installed base to approximately 1,000 systems, with nearly 2,000 ProVision systems used at airports and other security screening checkpoints worldwide.
Work on this contract will be done by L-3’s Security & Detection Systems division, which is part of the Aviation Products & Security sector within the Electronic Systems business segment.
Headquartered in New York City, L-3 employs approximately 38,000 people worldwide and is a leading provider of a broad range of communication and electronic systems and products used on military, homeland security and commercial platforms. L-3 is also a prime contractor in aerospace systems, security and detection systems, and pilot training. The Company reported 2015 sales of $10.5 billion.
To learn more about L-3, please visit the Company’s website at www.L-3com.com. L-3 uses its website as a channel of distribution of material Company information. Financial and other material information regarding L-3 is routinely posted on the Company’s website and is readily accessible.
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Act of 1995
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.