Press Release

L-3 Names Christopher E. Kubasik President and Chief Operating Officer

NEW YORK--(BUSINESS WIRE)--Oct. 28, 2015-- L-3 Communications (NYSE:LLL) announced today that Christopher E. Kubasik will become the president and chief operating officer (COO) of L-3, effective immediately. This newly created position will work closely with Chairman and CEO Michael T. Strianese with a focus on delivering value to customers and shareholders while further developing and strengthening L-3’s world-class organization, among other responsibilities. He will be based in the New York Corporate Headquarters office, reporting to Mr. Strianese.

Mr. Kubasik joins L-3 from the Seabury Advisory Group where he served as president and CEO for the past two years. Seabury is a professional services firm focused on the aviation, aerospace and defense markets. Prior to that, Mr. Kubasik was president and COO of Lockheed Martin Corporation.

“Chris is a proven leader with broad experience across our industry. The company strongly believes that Chris is the right person to help execute our strategy for growth, optimize performance and contribute to increasing shareholder value,” said Mr. Strianese. “We look forward to the contributions that Chris will make as part of L-3’s leadership team.”

“I am excited to join L-3,” said Mr. Kubasik. “I look forward to working closely with the management team to build on its strong foundation and position the company for continued success.”

Headquartered in New York City, L-3 employs approximately 45,000 people worldwide and is a prime contractor in aerospace systems and national security solutions. L-3 is also a leading provider of a broad range of communication and electronic systems and products used on military and commercial platforms. The company reported 2014 sales of $12.1 billion.

To learn more about L-3, please visit the company’s website at 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.

Source: L-3 Communications

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