NEW YORK--L-3 Communications (NYSE:LLL) announced today the formation of its new Commercial Training Solutions division. The new business, which is part of the Precision Engagement & Training sector within L-3 Electronic Systems, has been created through the consolidation of L-3’s leading global flight simulator manufacturer, L-3 Link UK, and its global airline pilot training and resourcing organization, L-3 CTC Aviation.
“By bringing together these two world-class performers, L-3 now offers a seamless, one-stop shop that provides customized and affordable solutions to support the global commercial aviation training marketplace,” said Steve Kantor, president of L-3 Electronic Systems. “Given the global pilot shortage and the growing need for pilot training at all proficiency levels, we are now optimally positioned to serve this market with our technical expertise and leading innovative products and capabilities, which will help us capture key synergies, grow our customer base, and expand our product and service portfolio.”
This singular division has been specifically created to meet current and emerging market requirements and drive continued efficiencies. It has a global offering that spans the complete spectrum of Commercial Aviation Training, with services that encompass selection, cadet (ab initio) training, resourcing and airline training (including recurrent, type rating and command training) – all supported by high-technology simulation products such as the RealitySeven™ Full Flight Simulator.
CTC Aviation and Link UK have been collaborating since the acquisition of CTC Aviation by L-3 in May 2015. This dynamic team effort resulted in the successful establishment of a training facility at London’s Gatwick Airport (U.K.) that houses L-3 RealitySeven training devices for both Boeing and Airbus aircraft to support a variety of customers. It also yielded a highly successful partnership with Virgin Atlantic Airways to provide a B787 training and instructional capability (via CTC Aviation instructors) on a Link UK B787 RealitySeven Full Flight Simulator.
As a part of this consolidation, the existing training portfolio of Link UK has been aligned with CTC Aviation’s airline training business. This includes the company’s leading training facility in Bangkok – the Asian Aviation Training Centre (AATC) – which has recently expanded from six to eight full flight simulators.
Alan Crawford, president of L-3 Commercial Training Solutions, said, “L-3 Commercial Training Solutions offers a comprehensive, value-added portfolio to deliver uniquely targeted solutions that meet our customers’ total scope of training, resourcing and simulation needs. We are committed to building on the strengths that will continue to support our customers in the future. Our agility, our drive to innovate and our firm belief in developing ongoing partnerships will enable us to consistently exceed expectations.”
L-3 Commercial Training Solutions is located in Crawley, U.K., and includes L-3 Link UK, L-3 CTC Aviation and L-3 CTC Private Jet. It is a world leader in providing intelligent total training solutions for pilots and maintainers across a wide range of commercial platforms. L-3 Commercial Training Solutions provides a full spectrum of state-of-the-art training solutions, including ab initio training, airline training, training centers and high-fidelity simulation products. The company has delivered commercial training solutions to customer locations throughout North America, Europe, Asia, Africa, the Middle East and the Pacific Rim.
Headquartered in New York City, L-3 employs approximately 38,000 people worldwide and is a leading provider of a broad range of communication and electronic systems and products used on military and commercial platforms. L-3 is also a prime contractor in aerospace systems. The company reported 2015 sales of $10.5 billion.
To learn more about L-3, please visit the company’s website at www.L-3com.com. L-3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L-3 is routinely posted on the company’s website and is readily accessible.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “will,” “could” and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the company’s Safe Harbor Compliance Statement for Forward-Looking Statements included in the company’s recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.