According to the Department of Defense, “L-3 (NYSE: LLL) was awarded a modification to increase the contract ceiling by $40, 000, 000 to a new not-to-exceed amount of $157, 000, 000. This is an indefinite delivery, indefinite quantity firm-fixed price contract for procurement and sustainment of Special Operations Forces deployable node-medium very small aperture terminal and small aperture terminals satellite antennas in support of U.S. Special Operations Command Headquarters Procurement Division. The work will be performed in Victor. Procurement actions are expected to be completed by Aug. 30, 2012, and sustainment actions are scheduled to be completed by Sept. 30, 2015. The contract number is H92222-06-D-0007.”
L-3 Snags $157 Million SOCOM DEAL
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