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Security & Defense Watch: Applied Energetics, L-3 Interstate Electronics Team On DOD Business

August 24, 2010 (FinancialWire) — Applied Energetics, Inc. (NASDAQ: AERG) said that it has entered into a strategic teaming agreement with L-3 Interstate Electronics Corp. to pursue DoD contracts involving counter-IED systems. L-3 Communications (NYSE: LLL) is a large defense contractor in the United States, and IEC is an operating division of L-3 Communications.

Under the terms of this agreement, Applied Energetics will serve as prime contractor with L-3 IEC positioned as subcontractor. The two companies plan to collaborate on proposal development, marketing of systems and services and activities mutually agreed in the pursuit of new business.

According to Applied Energetics, the agreement will provide it with a leading engineering, technical and manufacturing group capability. Applied Energetics plans to focus its efforts in technical areas requiring high voltage electronics, systems integration, systems testing and development for support of advanced counter-IED technologies.

L-3 IEC is expected to contribute expertise in power electronics, systems engineering, configuration control and production management.

Arizona-based Applied Energetics specializes in the development and manufacture of advanced high performance lasers, high voltage electronics, advanced optical systems, and integrated guided energy systems for defense, aerospace, industrial, and scientific customers worldwide.

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