L-3 Communications Announces Conversion Rate Adjustment for Its 3% Convertible Contingent Debt Securities ("CODES") Due 2035

Defense News: NEW YORK--(BUSINESS WIRE)--L-3 Communications Holdings, Inc. (the “Company”) (NYSE: LLL - News) announced today that it has adjusted the conversion rate for its 3% Convertible Contingent Debt Securities (CODES) due 2035 (CUSIP Numbers: 502413AW7 and 502424AE4; ISIN Numbers: US502413AW73 and US502424AE49) (the “Securities”) in connection with the regular quarterly dividends of $0.35 per share of the Company’s Common Stock paid on each of September 15, 2009 and December 15, 2009 and the regular quarterly dividends of $0.40 per share of the Company’s Common Stock paid on March 15, 2010 and expected to be paid on June 15, 2010.

The new conversion rate is 10.1074 shares of Common Stock of the Company per $1,000 principal amount of the Securities, effective for conversions on or after May 17, 2010.

Notices of the conversion rate adjustment have been delivered to holders of the Securities in accordance with the terms of the Indenture governing the Securities.

Headquartered in New York City, L-3 Communications employs approximately 67,000 people worldwide and is a prime contractor in C³ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems, aircraft modernization and maintenance and government services. L-3 is also a leading provider of a broad range of electronic systems used on military and commercial platforms. The Company reported 2009 sales of $15.6 billion.

To learn more about L-3, please visit the company's Web site at www.L-3com.com. L-3 uses its Web site as a channel of distribution of material company information. Financial and other material information regarding L-3 is routinely posted on the company's Web site 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.

Contact:

L-3 Communications
Corporate Communications
212-697-1111

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EADS could pick L-3 as partner for tanker bid

* BAE Systems, Raytheon out of running

* L-3, No. 8 Pentagon supplier, declines comment

* Top L-3, EADS officials served in Pentagon at same time

By Andrea Shalal-Esa

Defense News: WASHINGTON, April 6 (Reuters) - Europe's EADS (EAD.PA) would likely choose L-3 Communications Holdings Inc (LLL.N) as a key supplier, should it decide to challenge Boeing Co (BA.N) for a U.S. aerial refueling contract worth up to $50 billion, according to analysts and sources following the matter.

"Based on what we know today -- and things can change -- it appears that L-3 seems to be the likely subcontractor," Scott Hamilton of Leeham Co said, noting that there is a large faction within EADS that wants to move ahead with a bid.

Analysts say a strong agreement could help EADS in what is seen as an uphill battle against Boeing, maker of the current fleet of KC-135 aerial refueling tankers, especially given simmering protectionist sentiment among U.S. lawmakers.

EADS, the parent company of Airbus, has been in discussions with several companies, including L-3, Raytheon Co (RTN.N) and the U.S. unit of Britain's BAE Systems Plc (BAES.L).

But BAE Systems, which owned 20 percent of Airbus until 2006, is not joining the EADS team, said industry sources not authorized to speak on the record. BAE declined comment.

Massachusetts-based Raytheon also has no plans to join an EADS bid, company spokesman Jonathan Kasle said.

"From what I know, L-3 would appear to be the most likely candidate," said Loren Thompson with the Virginia-based Lexington Institute. Raytheon sold its major aircraft integration unit to L-3 in 2002, he noted.

L-3 spokeswoman Jennifer Barton said the New York-based company does not comment on rumors or speculation.

EADS declined comment on the latest chapter in a long-standing rivalry between Boeing and Airbus.

This is the Air Force's third attempt to begin replacing its KC-135s, which are nearly 50 years old on average.

EADS was a key subcontractor to Northrop Grumman Corp (NOC.N) when the team won the last tanker competition in February 2008, but the Pentagon canceled the deal months later after government auditors upheld a Boeing protest.

EADS DECISION AS SOON AS NEXT WEEK

Northrop withdrew from the competition last month after concluding that the revamped terms of the Air Force competition were skewed to favor Boeing's smaller 767-based tanker, not the larger A330-based tanker that Northrop and EADS were offering.

But the Pentagon told EADS, which would have provided about 87 percent of the plane's content, that it could bid as a prime contractor. Last week, defense officials said they would give EADS 60 extra days if it agreed to bid -- a significant extension, but short of the 90 days EADS had sought.

EADS, which had also wanted some changes in the request for proposals, is considering the Pentagon's offer. Industry sources expect a decision from EADS as soon as next week and say any announcement could name a U.S. partner.

Boeing said last week it was disappointed that EADS was trying to delay the tanker competition and was reviewing its options.

Analysts said an agreement to team up would clearly benefit L-3, which has been trying to expand its profile as a major player in the U.S. defense market. L-3 was the Pentagon's No. 7 supplier in fiscal 2009, with $7.1 billion in prime contracts, according to www.usaspending.gov, a federal website.

L-3 is the prime contractor on the Pentagon's Joint Cargo Aircraft, the C-27J. It is partnered on that deal with Alenia, a unit of Italy's Finmeccanica SpA (SIFI.MI).

That plane is "far smaller and less complex, but certainly along the same lines" as the refueling tanker, Leehams' Hamilton said.

EADS North America Chief Executive Sean O'Keefe has also known Robert RisCassi, the retired Army general who runs L-3's Washington office, for years.

RisCassi was vice chief of staff of the Army when O'Keefe was the Pentagon's comptroller in the late 1980s.

EADS NEEDS DOMESTIC POLITICAL COVER

But Lexington's Thompson said L-3 lacks the stature of bigger contractors like Northrop, Boeing or Lockheed Martin Corp (LMT.N) to undergird an EADS bid for the tanker work.

"EADS really needs a major aircraft integrator...to give it domestic political cover in the United States. They don't really need a partner at all, but an American imprint for purposes of presenting themselves to the political system."

An agreement with L-3 would not allow EADS to "present their team as having a big American footprint," Thompson said. "It will be obvious the government is buying a European plane if EADS prevails," he said.

EADS is the prime contractor for a large Army helicopter program, and also builds equipment for the U.S. Coast Guard and Department of Homeland Security.

Meanwhile, Boeing supporters in Congress argue that EADS should not be allowed to bid for the tanker work given a recent World Trade Organization ruling that the company benefited from illegal government subsidies, including aid to develop the A330 wide-body that it would pit against Boeing's 767 tanker.

The trade organization is due to rule on a European Union counter claim about illegal aid to Boeing in coming months.

Any EADS bid would also include many of the same companies that were involved in the joint Northrop-EADS bid, including General Electric Co (GE.N), Honeywell International Inc (HON.N), Rockwell Collins Inc (COL.N), Goodrich Corp (GR.N), and the U.S. unit of Britain's Cobham Plc (COB.L). (Reporting by Andrea Shalal-Esa; additional reporting by Tim Hepher in Paris and Rhys Jones in London; editing by Gerald E. McCormick and Leslie Gevirtz)

L-3 Awarded F-16 Mission Training Center Contract Option

Defense News: NEW YORK--(BUSINESS WIRE)--L-3 Communications (NYSE:LLL - News) announced today that its Link Simulation & Training division has been awarded a $20.9 million contract option on the F-16 Mission Training Center (MTC) program. This contract option, received from the Aeronautical Systems Center's Training Systems Product Group at Wright Patterson Air Force Base, brings the total contract value on the program to $109.1 million.

Under the contract option, L-3 Link will build and deliver an F-16 MTC suite that includes four high-definition simulators. The BoeingCompany will provide the instructor/operator stations and brief/debrief systems. This marks the second four-ship F-16 MTC the U.S. Air Force has ordered from L-3 Link.

All F-16 MTC suites under order are being integrated with L-3 Link’s HD World^™ simulation product line. HD World combines high-definition databases, image generation systems, physics-based processing technology and visual system displays to create highly realistic and relevant environments for F-16 pilot training. SimuSphere^® HD, the visual display component to HD World, provides each simulator with an immersive, 360-degree field-of-view.

“The technologies being delivered on the F-16 Mission Training Center simulators are providing a solution that will maximize pilot operational readiness while reducing training costs to the U.S. Air Force,” said Bob Birmingham, president of L-3 Link. “For the first time ever in a simulator, F-16 pilots will be able to detect, judge the orientation of, recognize and identify targets from the same distance as when flying an actual mission.”

Under the program, the U.S. Air Force could order as many as 20 four-ship F-16 MTCs for delivery to installations in the U.S., Europe and Pacific region. High-fidelity F-16 MTC simulators, which will accurately model all of the fighter aircraft’s weapon systems and ordnance, will be delivered in Block 40/42 and 50/52 configurations to support basic and advanced pilot mission training, tactics validation and mission rehearsal.

L-3 Link Simulation & Training is a systems integration organization that delivers and supports training systems and equipment to enhance operational proficiency. The company’s current services include conducting front-end analysis, program design, simulator design and production, field support, aircraft logistics support, training and courseware support, and air traffic control training. It has major operations in Arlington, Texas, and other key bases of operation in Binghamton, N.Y.; Orlando, Fla.; Oklahoma City, Okla.; Broken Arrow, Okla.; and Phoenix, Ariz.

Headquartered in New York City, L-3 Communications employs approximately 67,000 people worldwide and is a prime contractor in aircraft modernization and maintenance, C³ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems and government services. L-3 is also a leading provider of high technology products, subsystems and systems. The company reported 2009 sales of $15.6 billion.

To learn more about L-3, please visit the company's Web site at www.L-3com.com. L-3 uses its Web site as a channel of distribution of material company information. Financial and other material information regarding L-3 is routinely posted on the company’s Web site 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.

Contact:

L-3 Link Simulation & Training
Rick Oyler, 817-619-3536

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TSA Awards ID/IQ Contract for L-3 ProVision Checkpoint Screening System

Defense News ~ NEW YORK--(BUSINESS WIRE)--L-3 Communications (NYSE: LLL - News) announced today that it recently was awarded a $164.7 million indefinite delivery/indefinite quantity (ID/IQ) contract by the Transportation Security Administration (TSA) to supply the agency with millimeter wave (MMW) advanced imaging technology (AIT) systems to screen for explosives and other threats at security checkpoints. This contract vehicle makes L-3 eligible for future delivery orders for its ProVision™ MMW system.
“TSA’s award of this contract follows the recent designation of ProVision as a qualified checkpoint screening system,” said Thomas M. Ripp, president of L-3 Security & Detection Systems. “In use at U.S. airports since 2007, our ProVision millimeter wave system offers an effective, efficient and safe screening technology.”
The technology used in the ProVision system utilizes safe, harmless radio waves to detect threats which may be hidden under a passenger’s clothing. Threat substances made from a wide variety of materials can be found with the ProVision, including both metallic and non-metallic threat items.
Mr. Ripp continued, “L-3 is currently testing software upgrades and continues to enhance L-3’s checkpoint screening technology to detect an even broader range of potential aviation threats.”
L-3’s ProVision offers multiple levels of privacy protection that can be customized to support customer-specific operational procedures. Security analysts see a 3-D black and white silhouette that makes it virtually impossible to determine the identity of the scanned individual. Also, images are viewed in remote locations separate from the checkpoint, so that analysts cannot see the passenger being scanned. Privacy is further ensured with options that allow for blurring of facial features.
More than 200 ProVision systems are deployed worldwide to protect critical airports and other facilities, including federal and state courthouses, correctional institutions, embassies and border crossings.
With a broad range of systems and technology and an installed base of more than 20,000 systems worldwide, L-3 Security & Detection Systems offers screening technologies for numerous security applications that include aviation systems for hold-baggage explosives detection and checkpoint screening, cargo and air freight screening, port and border inspection, and facility protection. L-3 Security & Detection Systems’ customer base includes the U.S. military and numerous government agencies, major airports and airlines, national and local authorities, and high-risk commercial enterprises throughout the world. To learn more about L-3 Security & Detection Systems.

Headquartered in New York City, L-3 Communications employs over 66,000 people worldwide and is a prime contractor in aircraft modernization and maintenance, C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems and government services. L-3 is also a leading provider of high technology products, subsystems and systems. The company reported 2009 sales of $15.6 billion.
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.

Contact:
L-3 Communications

Corporate Communications

212-697-1111

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L-3 Agrees to Acquire Insight Technology, Expands Electro-Optical and Night Vision Business

Defense News ~ NEW YORK--February 19, 2010, (BUSINESS WIRE)--L-3 Communications (NYSE: LLL - News) announced today that it has entered into an agreement to acquire Insight Technology Incorporated (Insight). Insight develops and manufactures mission critical night vision and electro-optical equipment including laser aiming and illumination devices, laser rangefinders, laser markers and designators, night vision goggles and monoculars, and thermal imaging systems. Headquartered in Londonderry, New Hampshire, Insight employs approximately 1,100 people. Insight’s products are used by the U.S. military, federal law enforcement agencies and allied nations. The purchase price was not disclosed and will be funded with cash on hand.
The acquisition is anticipated to be completed in the second quarter of 2010, subject to customary closing conditions and regulatory approvals, and will be structured as an asset purchase for income tax purposes. Insight is expected to generate approximately $290 million of sales for the twelve months ending December 31, 2010. Before giving effect to the present value of tax related benefits of the transaction and expected synergies, the purchase price represents a multiple of approximately nine times estimated 2010 earnings before interest, taxes, depreciation and amortization (EBITDA). The acquisition is expected to be immediately accretive to L-3’s results of operations.
“By combining Insight’s outstanding people and innovative products with our existing portfolio, we add important new capabilities to L-3,” said Michael T. Strianese, chairman, president and chief executive officer. “Insight’s entrepreneurial culture and dedication to customer needs make this a natural fit and is a great example of L-3 successfully executing its acquisition strategy.”
Pending the successful completion of this transaction, Ken Solinsky, Insight’s founder and president, will become president of L-3’s newly created Warrior Systems Sector. Mr. Solinsky will report to James W. Dunn, senior vice president and president of L-3’s Sensors and Simulation Group. The Warrior Systems Sector will include Insight and L-3’s existing electro-optical/infrared (EO/IR) businesses currently addressing the warrior systems market and will be reported in L-3’s Electronic Systems segment.
“Insight expands and broadens L-3’s warrior systems capabilities, a key strategic growth area for L-3,” added Mr. Dunn. “Leveraging Insight’s industry leading products, engineering skills and manufacturing agility, we can deliver higher performing systems, with faster speed and greater value, to our customers.”
Mr. Solinsky concluded, “Insight and select L-3 businesses have been working together for nearly 20 years. We know each other well and have the utmost respect for each other’s capabilities. This combination enables us to build on these relationships. By combining advanced components, technologies and system capabilities, L-3’s Warrior Systems Sector will be able to provide advanced night vision and electro-optical systems to our nation’s warfighters and homeland defenders in a highly effective manner. These dedicated individuals deserve the best equipment, delivered on time, with high quality and reasonable prices. I am pleased and honored to have been chosen to lead the Warrior Systems Sector and pledge to do my best in support of our warfighters.”
Headquartered in New York City, L-3 Communications employs over 66,000 people worldwide and is a prime contractor in aircraft modernization and maintenance, C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems and government services. L-3 is also a leading provider of high technology products, subsystems and systems. The company reported 2009 sales of $15.6 billion.
To learn more about L-3, please visit the company's Web site at http://cts.businesswire.com/

L-3 uses its Web site as a channel of distribution of material company information. Financial and other material information regarding L-3 is routinely posted on the company's Web site 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

Contact:
L-3 Communications

Corporate Communications

212-697-1111

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L-3 Communications Holdings Inc.

Optex Systems Teams With L-3 Communications Holdings Inc. on Laser Interference Filter Solicitation

RICHARDSON, Texas, Dec. 22, 2009 (GLOBE NEWSWIRE) -- Optex Systems Holdings, Inc. (OTCBB:OPXS - News), a leading manufacturer of optical sighting systems and assemblies primarily for Department of Defense applications, today announced that it has signed a mutually exclusive Teaming Agreement (TA) with L-3 Communications Holdings Inc. (L-3 Communications) (NYSE:LLL - News) on the proposal for production of Laser Interference Filters used to protect night vision equipment. The solicitation is a two-step invitation for bid for Communications and Electronics Command (CECOM).
This solicitation calls for the delivery of up to 5,000 units per month on an Indefinite Delivery, Indefinite Quantity (IDIQ) production schedule for a Firm Fixed Price (FFP) 5 year contract.
Gregg Bell, President of L-3 Communications Electro-Optical Systems (EOS) division was quoted as saying, "Optex has been a great customer of our EOS division for many years and we look forward to teaming with them on the Laser Interference Filter program. We believe the breadth and depth of our two companies provides the best value solution for our war fighters."
ABOUT OPTEX SYSTEMS
Optex, which was founded in 1987, is a Richardson, Texas-based ISO 9001:2008 certified concern, which manufactures optical sighting systems and assemblies, primarily for Department of Defense (DOD) applications. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles, and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.
ABOUT L-3 COMMUNICATIONS HOLDINGS INC.
Headquartered in New York City, L-3 Communications employs over 66,000 people worldwide and is a prime contractor in aircraft modernization and maintenance, C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems and government services. L-3 is also a leading provider of high technology products, subsystems and systems. The company reported 2008 sales of $14.9 billion.
Safe Harbor Statement
This press release and other written reports and oral statements made from time to time by the Company may contain so-called "forward-looking statements," all of which are subject to risks and uncertainties. You can identify these forward-looking statements by their use of words such as "expects," "plans," "will," "estimates," "forecasts," "projects" and other words of similar meaning. You can identify them by the fact that they do not relate strictly to historical or current facts. These statements are likely to address the Company's growth strategy, financial results and product and development programs. You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially.
The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.

Contact:
ZA Consulting Inc.

Investor and Public Relations for Optex Systems

David Zazoff

212-505-5976

pressreleases@za-consulting.net

Army Selects L-3 to Supply Laser Marksmanship Training Systems

L-3 Communications ~ September 21, 2009,
L-3 Communications Holdings Inc.
NEW YORK--(BUSINESS WIRE)--L-3 Communications (NYSE:LLL - News) announced today that the U.S. Army’s Program Executive Office for Simulation, Training and Instrumentation has awarded L-3 MPRI a sole-source, follow-on contract for its Laser Marksmanship Training System (LMTS). This ID/IQ contract has an estimated value of $48.7 million over the initial base year and four option years. L-3 has received the program’s first delivery order, valued at $15.5 million.
LMTS is a home station or deployed, multi-purpose, modular, scalable, small arms, individual and unit marksmanship sustainment simulator that provides Preliminary Marksmanship (PMI), advanced marksmanship and remedial training capabilities.
“MPRI is honored to be afforded the opportunity to support the U.S. Army's marksmanship training needs,” said Bob Garner, senior vice president and general manager of MPRI’s Training and Technology Group. “This program will enhance the skills and experience of our young warriors and contribute to their survivability on the battlefield.”
Headquartered in Alexandria, Virginia, MPRI provides comprehensive and integrated programs that address training, education, leader development, organizational design and implementation, simulations, democracy transition and emergency management across a broad spectrum of functional areas. Its customers include the Department of Defense, Department of Justice, Department of State and selected international government agencies.
Headquartered in New York City, L-3 Communications employs over 66,000 people worldwide and is a prime contractor in aircraft modernization and maintenance, C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems and government services. L-3 is also a leading provider of high technology products, subsystems and systems. The company reported 2008 sales of $14.9 billion.
To learn more about L-3, please visit the company's Web site at www.L-3com.com. L-3 uses its Web site as a channel of distribution of material company information. Financial and other material information regarding L-3 is routinely posted on the company’s Web site 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.
Contact:
L-3 Communications
Corporate Communications
212-697-1111

L-3 gets potential $250 mln U.S. drone deal

WASHINGTON, Sept 11 (Reuters) - L-3 Communications Holdings Inc (LLL.N) has won a U.S. Special Operations Command contract for remotely piloted aircraft support potentially worth up to $250 million, the Defense Department said on Friday. The one-year contract includes options for four one-year periods for the so-called Expeditionary Unmanned Aircraft System to back the command's fixed-wing aircraft, the Pentagon's daily contract digest said.
It said the contract was awarded through full and open competition. The unmanned aircraft is provided by L-3's Geneva Aerospace unit of Carrollton, Texas.
(Reporting by Jim Wolf; Editing by Richard Chang)

L-3 Awarded Army Technology Contract for Bradley Fighting Vehicles

NEW YORK- September 9, 2009, -(BUSINESS WIRE)--L-3 Communications (NYSE:LLL - News) announced today that its Combat Propulsion Systems and Magnet Motors divisions have been awarded a development contract by the U.S. Army to provide high power electrical generation for the Bradley Fighting Vehicle. The first phase for the Integrated Starter Generator (ISG) is underway, and L-3 will provide 10 system prototypes in the next two years.
Under this program, L-3 will integrate a permanent magnet starter generator and the associated power electronics with its 800 horsepower transmission. The L-3 ISG will be an integral component of the hydro-mechanical power transmission (HMPT), providing all needed vehicle electrical power, as well as the transmission disconnect clutch and auxiliary pump drive system.
“Our unique system will enable the Army to increase the power levels for its combat vehicle electrical systems, which will enhance the capability of the Bradley Fighting Vehicles,” said Charles J. Schafer, senior vice president and president of L-3’s Products Group. “We are very pleased to have successfully applied this technology for use on military vehicles.”
The L-3 HMPT-800-EG system will provide substantial electrical power generation for increasing mission loads and additional integration options for high capacity auxiliary loads for the Bradley Family of Fighting Vehicles. The Bradley G40 ISG is sized for power output of 70 to 160kW between 800 and 2800 rpm.
Headquartered in New York City, L-3 Communications employs over 66,000 people worldwide and is a prime contractor in aircraft modernization and maintenance, C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems and government services. L-3 is also a leading provider of high technology products, subsystems and systems. The company reported 2008 sales of $14.9 billion.
To learn more about L-3, please visit the company's Web site at www.L-3com.com. L-3 uses its Web site as a channel of distribution of material company information. Financial and other material information regarding L-3 is routinely posted on the company’s Web site 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.
Contact:
L-3 Communications
Corporate Communications
212-697-1111

L-3 Receives $375 Million Contract In Support of U.S. Air Forces Europe

NEW YORK--(BUSINESS WIRE)--L-3 Communications (NYSE: LLL - News) announced today that its MPRI division has been awarded a follow-on contract by the U.S. Air Forces Europe (USAFE). This five-year IDIQ contract consists of a base year plus four option years, with a total contract potential of $375 million.
Under this contract, L-3 will provide the USAFE with a variety of advisory and assistance services (A&AS), including engineering and technical services; management and professional support; and studies, analysis and evaluation services to maintain and enhance government owned computer software and provide intelligence analysis support. These activities will be provided to the headquarters of the European Command and its subordinate commands throughout Europe.
Jim Jackson, senior vice president of MPRI’s International Group, noted that the company’s outstanding performance on the current USAFE A&AS contract resulted in this follow-on award. "After a 5-year incumbency, we look forward to L-3’s continued participation in supporting our military customers in the European theater,” he added.
L-3 has received its first two task orders under this contract, valued at $14.4 million, to provide A&AS services to the Joint Intelligence Operations Center-Europe Analytic Center (JAC) in the United Kingdom and at the Warrior Preparation Center (WPC) in Germany.
MPRI, headquartered in Alexandria, Va., has more than 4,000 employees worldwide. To learn more about MPRI, please visit the company’s Web site at www.mpri.com.
Headquartered in New York City, L-3 Communications employs approximately 65,000 people worldwide and is a prime contractor in aircraft modernization and maintenance, C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems and government services. L-3 is also a leading provider of high technology products, subsystems and systems. The company reported 2008 sales of $14.9 billion.
To learn more about L-3, please visit the company's Web site at www.L-3com.com. L-3 uses its Web site as a channel of distribution of material company information. Financial and other material information regarding L-3 is routinely posted on the company’s Web site and is readily accessible.
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L-3 Communications
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