L-3 Wins Two NSA Contracts Valued at USD$367.3 Million
On January 30, 2015, the American aerospace and defense company L-3 Communications won two Enterprise Program Management contracts that have a total value of USD$367 million. Granted by the National Security Agency (NSA) to L-3’s National Security Solutions (NSS) business, the five-year contract calls for L-3 Communications to supply systems engineering, acquisition planning, program management, and financial management for the National Security Agency’s key mission areas. Although the contract’s value is USD$367 million, the maximum ceiling value of the two contracts over a period of five years totals to approximately USD$1 billion. With the contract, L-3 Communications looks to provide the National Security Agency with an affordable solution to increase the government agency’s capabilities in national security and defense.
L-3 National Security Solutions (L-3 NSS) is a leading partner to defense, intelligence and government agencies. Other organizations of partnership include international and commercial administrations. L-3 provides innovative technology along with integrated solutions and proven processes to increase productivity and effectiveness of defense capabilities. Their on field capability reaches to the domains of cyber, intelligence, enterprise and mission IT, command and control, Big Data and physical security. Founded in 1997, L-3 is headquartered in New York City and employs over 45,000 people worldwide.
The company is a leading contractor in aerospace systems and national security solutions. In addition, L-3 is a primary provider of a comprehensive variety of communication and electronic systems along with military and commercial platform products. L-3 has met yearly revenues of over $13 Million along with a total assets of over $14 Million.
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