GORE

L3 Technologies Awarded Special Operations Command Contract for EOTECH Optics

NEW YORK, January 3, 2019 – L3 Technologies (NYSE:LLL) announced today that it has been awarded a $26.3 million contract from the U.S. Special Operations Command (USSOCOM) to provide close-quarters sights and clip-on magnifiers from its EOTECH brand for the Miniature Aiming System–Day Optics suite. The award marks the continuation of an 18-year relationship between USSOCOM and EOTECH.

Under this five-year indefinite delivery, indefinite quantity contract (with five option years), EOTECH will deliver an updated model of its holographic weapon sight and the G33 clip-on magnifier. All work will be performed at EOTECH‘s headquarters in Ann Arbor, Michigan.

“We are extremely proud to continue to provide America’s tip-of-the-spear warriors with the most advanced holographic sights in the world,” said Jeff Miller, Corporate Senior Vice President and President of ISR Systems business segment that includes EOTECH. “It’s a testament to L3’s commitment to quality that SOCOM has once again competitively selected EOTECH as their choice for battle optics.”

EOTECH has provided Special Operations Forces with rugged and advanced holography weapon sights since 2001.

A part of L3 Technologies’ Field Vision Systems sporting optics business, EOTECH delivers cutting-edge technology and products, including holographic sighting systems and magnified field optics. The company is dedicated to providing high-quality, ruggedized products for military, law enforcement and commercial markets around the world. Visit www.eotechgear.com to learn more.

L3 Technologies is an agile innovator and leading provider of global ISR, communications and networked systems, and electronic systems for military, homeland security and commercial aviation customers. With headquarters in New York City and approximately 31,000 employees worldwide, L3 develops advanced defense technologies and commercial solutions in pilot training, aviation security, night vision and EO/IR, weapons, maritime systems and space. The company reported 2017 sales of $9.6 billion.

To learn more about L3, please visit the company’s website at www.L3T.com. L3 uses its website as a channel of distribution of material company information. Financial and othermaterial information regarding L3 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.

30 Responses to “L3 Technologies Awarded Special Operations Command Contract for EOTECH Optics”

  1. Kango says:

    What’s the “updated” model?

    • CAP says:

      New models are the same as the old models, but now include a fancy lazer engraved logo and actual quality control.

      • PTMcCain says:

        There’s more to it than that, they actually did tweek the internals a bit, etc. I’m very happy with my updated EOTECH that projects a green holographic image, not red. Yes, I know it won’t work with NVGs, but it sure is an improvement on the red in anything other than “NVG necessary” situations, imo.

  2. PPGMD says:

    I am hoping that the SOCOM has learned their lesson, and will have these independently tested before putting them into service.

  3. Mike D says:

    Fool me once, shame on you! Fool me twice, shame on me??

  4. Chuck says:

    Oh, I’m getting my popcorn. These comments are gonna get good.

  5. CapnTroy says:

    The government fined L3 just a touch over $25 million for being deceptive shitbags and then turns around and awards them this contract for just over $26 million…

    It’s like the punishment never happened…nice!

  6. miclo18d says:

    I would agree that the “optics” for this situation aren’t in my “sight aperture”. I will need to “range” the “trajectory” to determine the “impact” of this decision.

    Hmmmmmm!?

  7. Ray Forest says:

    One thing is clear, SOCOM likes the EOTECH.

    • PTMcCain says:

      Hmmm….I wonder why? What do those bunch of hacks at SOCOM know about a fighting optic system? Weird.

  8. rob371 says:

    I know I’ll receive hate for this, but I always liked EO’s downrange. Rocked a 512 in WWOIF and then a SU-231. Loved the reticle in MND-B.

    • Geoff says:

      You’re not alone. I only moved away because of the advantages of an LPVO.

    • Airborne_fister says:

      Totally agree. I mean you magnify a red dot the dot grows in size. You magnify an Eotech and the dot stays at 1 MOA. Can’t beat that. And now extra expenses after buying the optic. No risers or lens covers. The price you see is the price you pay. Well plus tax.

    • Chuck says:

      I loved my EO and so did everyone on my team. I used in one three continents with zero problems and put it through hell. Now, mine did not go from the heat of Africa to the mountains of Afghanistan in a 24 hour time span like some guys which was one of the things that I’m told caused problems. Problems that did happen, with a few top units. Thousands of units did not have this problem. One of the biggest problems was EOtech not being honest.

      What gets me is the massive amount of armchair commandos whose EO will NEVER be exposed to the use that caused units to malfunction bitching and complaining and claiming they are experts greater than SOCOM.

      I’m retired now and still employ a few EOtechs, but even the guys at the local range will talk your ear off about how bad the optics are despite the fact that their rifles will only ever go from the safe to the range and never leave a 50 square mile radius in the northeast USA.

  9. Ryan Snow says:

    I hope Larry Vickers is reading this article. There was a time when he was constantly bashing EOtechs and praising Aimpoint.

    • SSD says:

      LAV stands behind the Aimpoint and has for years. The T2 is a great optic. These are the salad days. There are lots of options available and most of them work pretty well.

  10. Dellis says:

    I have a green eotech, was an red dot aimpoint only until I shot a green eotech and I was super impressed.

    I brought up the eotech issues to this gent and he said…you are in south texas, does it ever freeze here and if it does does it do it within several hours, will you and your gun be out in it?

    I went home and ordered an eotech.

  11. Mohican says:

    We’ll see performance after a while. Pat Rogers knew a lot about scopes performance. He used to say EOTech didn’t withstand training days. I will be looking forward to comments from the range and the field.