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LLL L3 Technologies, Inc.

245.17
0.00 (0.00%)
14 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
L3 Technologies, Inc. NYSE:LLL NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 245.17 0.00 01:00:00

L-3 Selected by All Nippon Airways to Supply Airbus A320 Full Flight Simulator

21/09/2016 4:30pm

Business Wire


L3 Technologies, Inc. (NYSE:LLL)
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L-3 Communications (NYSE:LLL) announced today that its Commercial Training Solutions (L-3 CTS) business has been awarded a contract by All Nippon Airways (ANA) to build and deliver an Airbus A320 Full Flight Simulator (FFS). Based on L-3’s RealitySeven™ flight training simulation solution, the device will be installed at ANA’s flight training facility in Tokyo, Japan, and ready to deliver training in September 2017. This will be the first RealitySeven A320 FFS to be installed at ANA’s flight training center and will join an existing RealitySeven B787 FFS at the airline’s Tokyo facility.

“We are excited to build on our partnership with ANA and to expand L-3’s international business,” said Michael T. Strianese, L-3’s Chairman and Chief Executive Officer. “The strong demand we are experiencing for our Commercial Training Solutions business is indicative of the growing global need for qualified pilots and the state-of-the-art tools and comprehensive training options we offer that address all proficiency levels.”

“This award demonstrates our commitment to delivering high-quality training products and services to meet ANA’s long-term fleet expansion plans,” added Alan Crawford, President of L-3 Commercial Training Solutions. “By continuing our long-standing relationship, ANA has affirmed its confidence in L-3’s flexible and cost-effective RealitySeven simulation solution. Delivery of this trainer will enable ANA to grow its training capacity fleet-wide and ensure its requirements are met into the future.”

Koichi Uchizono, Senior Executive Vice President and Chairman of Operation Division for ANA, commented, “Because of the high-quality solutions and support provided by L-3 CTS, ANA has decided to purchase a new A320 RealitySeven full flight simulator as the best solution to meet our pilot training demand. We welcome the strengthening of the relationship between L-3 CTS and ANA.”

L-3’s A320 RealitySeven FFS will deliver high degrees of reliability, maintainability and supportability for ANA. RealitySeven simulation solutions – including digital electrical control loading and electric motion systems – will reduce power consumption and provide high trainer availability for the airline, facilitating the lowest life-cycle costs for each device.

L-3 Commercial Training Solutions includes L-3 Link UK, L-3 CTC Aviation and L-3 CTC Private Jet, and is part of L-3’s Electronic Systems segment. It is a world leader in providing intelligent total training solutions for pilots and maintainers across a wide range of commercial platforms. L-3 CTS provides a full spectrum of state-of-the-art training solutions, including ab-initio training, airline training, training centers and high-fidelity simulation products. The company has delivered commercial training solutions to customer locations throughout North America, Europe, Asia, Africa, the Middle East and the Pacific Rim. L-3 CTS is headquartered in Crawley, U.K.

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.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995Except 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.

L-3Corporate Communications212-697-1111

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