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L-3 Wins Potential $76M Navy Contract for Submarine Tech Services

L-3 Communications (NYSE: LLL) has won a potential $79, 763, 280 U.S. Navy contract to provide the branch with submarine technical support, the Defense Department announced Tuesday.

The Pentagon said the indefinite-delivery/indefinite-quantity award will reach its full value if the Navy exercises the one contract option.

L-3’s Unidyne division will provide technical services to the Navy’s Norfolk Ship Support Activity on the firm-fixed-price contract.

L-3’s division will perform mechanical and electronic system engineering, analytical, logistics and technical support services for various submarines under the contract agreement.

The contracting firm will perform 60 percent of the contract work in Norfolk, Va.

Additional work will take place in Portsmouth, N.H.; Kings Bay, Ga.; Groton, Conn.; Bremerton, Wash.; San Diego, Calif.; Pearl Harbor, Hawaii; and Guam.

The Pentagon said the Norfolk, Va.-based business unit expects to complete work on April 15, 2013, and will continue through April 15, 2014 if the contract option is exercised.

The Navy will award L-3 $40, 000 upfront for operations and maintenance, which will expire at the end of the current fiscal year.

The Fleet Logistics Center in Norfolk is the contracting activity.

L-3 recently won two U.S. Navy contracts potentially worth $64 million total for repair and upgrade services on landing craft air cushions.

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