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Updated: 12/3/2009 10:08 AM					Sponsored by:
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Navy awards $47.8M contract to L-3 Communications

By Associated Press
June 8, 2009 | Comments (0)

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L-3 Communications Holdings Inc. said Monday that it was awarded a $47.8 million follow-on contract by the U.S. Navy for its aircraft structural life surveillance program.

The five-year contract includes engineering and information services to oversee structural integrity of the Navy's fixed and rotary wing aircraft. L-3 has been a Navy contractor for 10 years.

L-3 shares lost a penny to $74.49 in Monday morning.

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