(By Balaseshan) L-3 Communications Holdings Inc. (NYSE: LLL) said its Westwood division has received a contract to design and manufacture the next generation of 100 kW and 200 kW generator sets, known as Large Advanced Mobile Power Sources (LAMPS), for the U.S. Army.
The initial $11.5 million delivery order will provide Engineering and Manufacturing Development (EMD) over a 32-month period. Additionally, there are three production options (for a total of up to 36 months) with a contract ceiling price of $92.2 million.
LAMPS is a modernization program that will provide more mobile, reliable and logistically supportable tactical electric power sources for the U.S. Department of Defense's (DoD) 21st century digitized forces.
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LAMPS will replace the currently fielded 100 and 200 kW Military-Standard generator sets procured from 1980 through 1992 and the Tactical Quiet Generator (TQG) sets initially fielded in 2004.
The new equipment will provide improved tactical electric power to combat, combat support and combat service support units throughout the U.S. Army and the other military services within the DoD.
L-3 is a prime contractor in Command, Control, Communications, Intelligence, Surveillance and Reconnaissance (C3ISR) systems, aircraft modernization and maintenance, and government services. It is also a provider of a range of electronic systems used on military and commercial platforms.
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LLL is trading up 1.07% at $77.15 on Thursday. The stock has been trading between $64.91 and $77.70 for the past 52 weeks.