16th Jul 2008 07:20
16 July 2008
COBHAM COMPLETES NEGOTIATIONS FOR US NAVY TRANSMITTER CONTRACTS
Cobham plc ('Cobham') has received a US$40 million Full Rate Production Lot 1 (FRP1) contract to produce 24 additional Low Band Transmitter/Antenna Groups (LBT/AG) and spare parts for the US Navy. With this order, the US Navy will have purchased a total of 93 ship sets at a value of approximately US$150 million.
Cobham has also reached formal price agreement on the LBT Low Rate Initial Production (LRIP) Lot 3 contract, valued at US$51 million, completing negotiations on a previously placed Undefinitized Contract Action. Cobham, through its Defense Electronic Systems' business unit, Sensor and Antenna Systems Lansdale (SASL), will provide 36 AN/ALQ-99 LBT transmitter-antenna groups and spare parts manufactured in Lansdale, Pennsylvania. With this order, the US Navy will have purchased a total of 69 ship sets at a total value of approximately US$110 million.
The LBT system is designed to protect strike aircraft, ships, and ground troops by disrupting enemy radar and communications signals. It is currently being employed on US Navy and Marine Corps EA-6B aircraft and will soon transition to the Navy's newest Airborne Electronic Attack platform, the EA-18G Growler. The systems have recently been deployed in support of Operation IRAQI FREEDOM.
Capt. Kochman, U.S. Navy EA-6B/AEA programme manager, praised the Cobham team for "bringing a more effective and sustainable electronic warfare capability to the fleet." He added, "... (The) Low Band Transmitter is deployed in support of Operation ENDURING FREEDOM today, providing additional force protection to coalition soldiers. Continuing production efforts will ensure this advanced capability will soon be available across all theaters and well into the future."
Allan Cook, Cobham Chief Executive said:
"The US Navy approval for full rate production of our Low Band Transmitter is a great achievement for our people in Lansdale, Pennsylvania who have designed, developed and manufactured the system. It's also testimony to the effectiveness of the equipment protecting strike aircraft, ships, and ground troops by disrupting enemy radar and communications signals."
ENQUIRIES
Cobham plc
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Allan Cook, Chief Executive +44 (0)1202 882020 |
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Warren Tucker, Chief Financial Officer +44 (0)1202 882020 Julian Wais, Director of Investor Relations +44 (0)1202 857998 |
Julian Hellebrand, Group Director of Communications +44 (0)1202 857651
Weber Shandwick Financial
Susan Ellis/Louise Robson +44 (0)20 7067 0700
NOTES
Cobham's products and services have been at the heart of sophisticated military and civil systems for more than 70 years, keeping people safe, improving communications and enhancing the capability of land, sea, air and space platforms. The Company has four divisions employing more than 10,000 people on five continents, with customers and partners in over 100 countries, and annual revenues of more than £1bn.
Cobham Defense Electronic Systems (CDES) designs and manufactures microwave components, integrated assemblies and sub-systems for the US Department of Defense and other military and government customers around the world. It is a leading developer of all classes of air, ground and shipboard antenna subsystems, positioners, radomes, high-power microwave components and integrated assemblies, and is the market leader for many niche microwave products. CDES is also the world leader in advanced tactical military vehicle intercom systems and soldier and ground vehicle situation awareness products.
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