Around the globe and Down Under it, L-3 Communications (NYSE:LLL) landed a pair of new contracts this week.
On Thursday, the Australian Defence Force announced that it has signed two contracts with L-3's Oceania subsidiary, ordering up "off-the-shelf" satellite communications terminals.
Under the first contract, L-3 will supply the ADF with 51 portable satellite terminals, 30 deployment kits, spare parts, and test equipment for $32 million. This equipment will be delivered in 2014. Under the second, L-3 will provide integrated logistics support, engineering services, supply support services, maintenance services, and training in the use of the terminals for $7 million, payable over three years.
Commenting on the awards, Australian Minister for Defence Material Dr. Mike Kelly explained that the new equipment will enable "linking of sensors, weapon systems, and commanders to their respective command and control systems" through technology certified for use on the Wideband Global Satellite System.