NEW YORK--(BUSINESS WIRE)--L-3 Communications (NYSE:LLL) announced today that it has reinstated the name of its Madison, Mississippi-based aerospace sustainment and support services business to L-3 Vertex Aerospace.
“The L-3 Vertex Aerospace name stands for our legacy of delivering sophisticated and customer-focused services and support that provide consistent, measurable value,” said Mark Von Schwarz, president of L-3 Aerospace Systems, which includes the L-3 Vertex Aerospace business. “Vertex Aerospace goes well beyond providing logistical support, specializing in targeted technical services that require comprehensive expertise and an unwavering commitment to helping our military and government customers successfully complete their missions.”
L-3 Vertex Aerospace is widely known as a premier provider of specialized aerospace sustainment and support services and as a pioneer in the field of contractor logistics support and aerospace services. Its unique expertise is sought after for a broad range of programs, from aircraft maintenance programs that support thousands of mission and training sorties daily, to supply chain management and quick-reaction field teams that rapidly deploy globally to fulfill exacting customer needs.
“The name Vertex Aerospace resonates with our customers and employees because it has long been synonymous with our hard-earned reputation for expertise, competitiveness and total commitment to our customers,” said John E. ‘Ed’ Boyington, president of L-3 Vertex Aerospace. “We work with our customers as true business partners, so we understand their specific requirements and tailor our solutions to achieve successful outcomes. Our dedication to building and maintaining long-term customer relationships is both our legacy and our future.”
As one of four sectors within the L-3 Aerospace Systems business segment, L-3 Vertex Aerospace comprises the business areas that were previously called Logistics Solutions, which include aircraft and base maintenance programs, Contract Field Teams, Army Fleet Support and Flight International.
L-3 Vertex Aerospace, based in Madison, Mississippi, is a worldwide provider of aerospace sustainment & support and aviation & aerospace technical services for the U.S. Department of Defense, government agencies and foreign governments. Its workforce of 7,300 professionals at 136 locations offers integrated logistics support, contractor logistics support, component repair and overhaul, in-house component repair, supply chain management, repair station support, pilot services and contract field services. L-3 Vertex Aerospace also provides turnkey customized solutions, contractor-operated and -maintained base supply services, supplier and vendor base services, and quick-reaction global deployment team support services.
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 1995
Except 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.