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L-3 Awarded U.S. Air Force KC-10 Contractor Logistics Support ContractL-3 Communications (NYSE:LLL) announced today that its Vertex (News - Alert) Aerospace division was awarded a contract from the U.S. Air Force (USAF) to provide full contractor logistics support (CLS) for the KC-10 aircraft. The total approximate value of this indefinite-delivery/indefinite-quantity contract is up to $1.9 billion over a nine-year performance period that begins with a July 2016 six-month phase-in. "L-3's renewed focus on growth and delivering excellent program performance at Vertex Aerospace is yielding meaningful results and reinforcing our strong commitment to the Air Force," said Michael T. Strianese, L-3's chairman and chief executive officer. "By engineering innovative, targeted and affordable customer solutions, L-3 Vertex Aerospace remains the preferred provider of state-of-the-art contractor logistics support in the industry." Under the contract, L-3 will provide Contractor Operated and Maintained Base Supply (COMBS), Field Service Representative (FSR) and depot maintenance support for 59 USAF KC-10 aircraft, as well as COMBS and FSR support for the Aerial Refueling System for two Royal Netherlands Air Force (RNLAF) KDC-10 aircraft. The contract includes all parts, materials and repairs to sustain the fleet; depot heavy maintenance; other depot and field activities; and overhaul of major components. Key teammates include HAECO Americas Airframe Services, Cobham Mission Equipment, The Triumph Group and Hawker Pacific Aerospace. "This competitive win speaks to L-3 Vertex's technical expertise and broad experience in supporting aircraft fleets throughout the world," said Mark Von Shwarz, president of L-3's Aerospace Systems business segment, which includes L-3 Vertex Aerospace. "The important role that the KC-10 refueling aircraft serves in protecting the security of our nation and its allies is very well understood by every member of our team." "We are proud that we have been entrusted by the U.S. Air Force to provide maintenance and logistics support for its KC-10 aircraft fleet," added Ed Boyington, president of L-3 Vertex Aerospace. "This award demonstrates the confidence the Air Force has in our ability to provide innovative maintenance and logistics solutions for mission-critical aircraft." L-3 Vertex Aerospace is an aerospace and defense support services contractor specializing in the delivery of integrated contractor logistics support for aircraft, ground vehicles and other defense systems. L-3 Vertex Aerospace is headquartered in Madison, Mississippi. 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 and commercial platforms. L-3 is also a prime contractor in aerospace systems. 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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