logo
Plus   Neg
Share
Email

L-3 Wins $52 Mln Contracts For U.S. Navy LCAC Service Life Extension Program

L-3 Communications (LLL) announced that its L-3 Unidyne division has been awarded two firm-fixed-price contracts valued at $52 million to execute the U.S. Navy's fiscal 2011 and fiscal 2012 Service Life Extension Program or SLEP efforts for the Landing Craft Air Cushion or LCAC.

The awards include provisions for additional work, which if exercised, would bring the total value of the contracts to approximately $64 million. Work will be performed both in Virginia Beach, Va., and Camp Pendleton, Calif., and is expected to be completed by February 2014.

The LCAC SLEP scope of work includes repair and upgrade of the buoyancy box, gas turbine engine replacement, installation of a new skirt and an integrated C4N equipment package, as well as select craft alterations and repair work.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Walmart is ditching its dress code policy and is testing a new dress code that will allows "associates" to wear blue denim and shirts of any solid color. The updated dress coded guidelines now allow employees to wear blue "jeggings" and blue jeans and shirts of any solid color, according to a Walmart... Canadian investment firm Fairfax Financial Holdings Ltd. has submitted a "stalking horse" bid worth C$300 million, or $237 million, for the Canadian unit of Toys "R" Us, according to court documents. A stalking horse bid is an initial bid on the assets of a bankrupt company. The bankrupt company will choose an entity from a pool of bidders who will make the first bid on its assets. The car rental market in the U.S. is consolidating as large car rental companies are buying smaller, local companies to expand their portfolio of premium and value brands. The key players in the U.S. market include Enterprise Holdings, Hertz Global Holding and Avis Budget Group. Let's take a look at some of the best and worst car rental companies in the U.S.
Follow RTT