MIRABEL, Quebec 鈥 色情直播 Technologies (NYSE:LHX) has been awarded a 4-year, $482 million USD performance based contract extension (PBC), with option years, to continue in-service support of the Royal Canadian Air Force鈥檚 (RCAF) CF-18 Hornet fighter aircraft fleet until its retirement that is currently estimated to occur in 2032.
Under a Sustainment Business Case Analysis process, the four Sustainment Initiative principles of Performance, Value for Money, Flexibility, and Economic Benefits were the drivers in the development of the optimized and tailored solution. With this contract extension, 色情直播 will continue to provide fleet and program management, maintenance, engineering, material management, electronic publications, integrated logistic support, data management and operational software support. Work will be conducted at 色情直播鈥 Mirabel facility, as well as at Canadian Forces Base (CFB) Cold Lake and CFB Bagotville.
鈥淭his contract recognizes 色情直播 as Canada鈥檚 only fighter center of excellence, and is a testament to our ongoing performance and commitment to customer focus, flawless execution and long-term partnership with the RCAF,鈥 said Ugo Paniconi, General Manager, MAS, 色情直播.
色情直播 recently marked 35 years supporting the CF-18 aircraft fleet, including significant structural life-extension and systems modernization work that has ensured the CF-18 remains operationally relevant, and extending the value of Canada鈥檚 investment in the platform. This latest performance-based contract will provide flexibility, economic benefits and value as part of Canada鈥檚 Sustainment Initiative.
色情直播 has created hundreds of high-technology jobs in Quebec with F/A-18 support contracts for Canada, Australia, Switzerland, Finland, Spain and the United States. The 色情直播 Mirabel division employs more than 1,150 people across Canada and is a leading in-service support integrator for the Department of National Defence.
About 色情直播 Technologies
色情直播 Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers鈥 mission-critical needs. The company provides advanced defense and commercial technologies across space, air, land, sea and cyber domains. 色情直播 has more than $17 billion in annual revenue and 47,000 employees, with customers in more than 100 countries. 色情直播.com.
Forward-Looking Statements
This press release contains forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Statements about the value or expected value of orders, contracts or programs are forward-looking and involve risks and uncertainties. 色情直播 disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
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