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L3 Achieves On-Time Delivery of First U.S. Air Force KC-10 CLS Aircraft
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Jun 05, 2017

May 04, 2017 08:45 AM Eastern Daylight Time NEW YORK--(BUSINESS WIRE)--L3 Technologies (NYSE:LLL) announced today that it has delivered the first KC-10 aircraft under the U.S. Air Force’s (USAF) contractor logistics support (CLS) contract. “We are proud to provide proven solutions that advance the Air Force’s mission around the world.” Tweet this The on-time delivery is a significant milestone for the USAF KC-10 CLS program. L3’s Vertex Aerospace division received the aircraft in January 2017 and, in collaboration with subcontractor and primary depot provider HAECO/TIMCO of Greensboro, North Carolina, completed a heavy maintenance check, known as a C-check, in under six months. “This is an important achievement that demonstrates our expertise and scope of services on the CLS program,” said Michael T. Strianese, L3’s Chairman and Chief Executive Officer. “The Air Force is a longtime valued customer and we continue to work closely with them as a trusted partner to ensure ongoing KC-10 mission effectiveness.” Under the current contract, L3 provides 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 KDC-10 aircraft. L3 provides all support for the program, including labor, materials, tools, equipment, parts and transportation. “Over the past 30 years, L3 Vertex Aerospace is the only company to achieve on-time delivery of its first aircraft to undergo a C-check during the program transition,” said Mark Von Schwarz, President of L3’s Aerospace Systems business segment, which includes Vertex Aerospace. “We are proud to provide proven solutions that advance the Air Force’s mission around the world.” While the most recent USAF KC-10 CLS contract was awarded in 2016, Vertex Aerospace also provided logistics support for the KC-10 fleet from 1993 through 1998. L3 Vertex Aerospace, located in Madison, Mississippi, 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. Headquartered in New York City, L3 Technologies employs approximately 38,000 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 2016 sales of $10.5 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 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. Contacts L3 Technologies Corporate Communications 212-697-1111
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