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Defense operator L-3 Communications Holdings Inc. LLL said that its National Security Solutions ("L-3 NSS") business has been awarded an integration and technical support contract worth $117 million for the U.S. Army's Medical Communications for Combat Casualty Care (MC4) program.
MC4 system provides important details to the medical personnel for quick and accurate access to patient histories, ensuring that deployed soldiers receive appropriate medical treatment from the battlefield through recovery and beyond. MC4 also provides automated tools to facilitate patient tracking, blood management, medical reporting and medical logistical support.
Timeliness and accurate medical details are crucial for saving lives of critical patients. Also, providing the right medical treatment during the golden hour could help save lives. The MC4 program with its timeliness and accuracy had helped save the lives of wounded soldiers.
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Per the new contract, L-3 NSS will extend its support for this program for the period that runs from Jan 2015 through Dec 2019. In addition, L-3 NSS will expand its current engineering and integration efforts to further strengthen this critical program for medical communications.
L-3 Communications Holdings Inc. exited fourth quarter 2014 on a positive note with its earnings per share and total revenue of $2.19 and $3,208 million beating the Zacks Consensus Estimate by 3.7% and 1.8%, respectively. L-3 Communications expects to maintain the strong performance in 2015 as well, supported by the defense contract wins at regular intervals.
L-3 Communications Holdings Inc. currently has a Zacks Rank #2 (Buy). Other better-ranked stocks in the space are API Technologies Corp. ATNY , Rockwell Collins Inc. COL and AAR Corp. AIR . All of these stocks carry a Zacks Rank #2.
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Monday, July 6, 2015
