Thursday, military and aerospace application service provider L-3 Communications Holdings Inc. (LLL) announced the receipt of $23.2 million order by its Advanced Products and Design unit to provide 600 VideoScout-MC mobile video exploitation and management systems to the United States Marine Corps. Production of these units is underway with deliveries expected in the fourth quarter of 2008.
Headquartered in New York City, L-3 Communications, which employs over 64,000 people worldwide, revealed that VideoScout-MC mobile video exploitation and management systems enhance currently used portable equipment by adding video imagery in real-time thereby improving situational awareness.
The system, with integrated multi-band receivers provided to Marine Corps, will also capture video and metadata directly from unmanned aerial systems or UAS, targeting pods, intelligence feeds and other common sensors and allows users to view, archive, annotate, search, geo-reference and disseminate relevant, actionable video intelligence to others.
Larry Vernec, senior vice president of marketing and strategic business development at L-3 Advanced Products and Design said that "Over the past four years, we have worked with the Marines to develop a lightweight, interoperable video exploitation, management and analysis system".
Vernec also added "VideoScout-MC enhances situational understanding in the field by helping Marines capture and quickly share the video they receive from aerial and ground-based sensors across the battlespace."
L-3 Communications Holdings is currently trading at $101.70, down $0.74 or 0.72% on the NYSE.
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