Press Release

L3 Sponsors MIT Beaver Works Summer Institute

Company Builds on Its Continuing Support of STEM Initiatives

NEW YORK--(BUSINESS WIRE)--Jul. 16, 2018-- L3 Technologies (NYSE:LLL) announced today that it is has become a sponsor of MIT Beaver Works in support of its 2018 Summer Institute. The four-week program, now in its third year, brings together some of the nation’s most promising high school students to showcase their talents and work in teams that focus on a range of science, technology, engineering and math (STEM) projects.

“Innovation drives our company, and supporting STEM initiatives that nurture tomorrow’s standout engineers is a solid investment in our industry. L3 is a data-driven, inclusive culture, and we continue to build on our legacy of supporting STEM education to deliver next-generation technologies to our customers,” said Paul De Lia, L3’s Vice President and Chief Technology Officer. “Supporting institutions like MIT also helps us attract world-class engineers who deepen our bench of talent. The students can appreciate the increasingly competitive role technology is playing in bringing innovation to market quickly and reliably.”

Created as an incubator for research and innovation, Cambridge, Massachusetts-based Beaver Works is a joint venture between MIT’s Lincoln Laboratory and its School of Engineering. Seniors work with MIT faculty, students, researchers and Lincoln Lab staff to develop their skills and solve real-world technology challenges in a hands-on learning environment. Projects for this summer’s program include designing an unmanned aerial vehicle (UAV), exploring embedded security and hardware hacking, designing and launching a miniaturized satellite – called a CubeSat – with an imaging payload, and building a UAV synthetic aperture radar, among several others.

The 2018 Beaver Works Summer Institute worked with 110 high schools to recruit 198 students to participate in the program.

Headquartered in New York City, L3 Technologies employs approximately 31,000 people worldwide and is a leading provider of a broad range of communication, electronic and sensor systems used on military, homeland security and commercial platforms. L3 is also a prime contractor in aerospace systems, security and detection systems, and pilot training. The company reported 2017 sales of $9.6 billion.

To learn more about L3, please visit the company’s website at L3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L3 is routinely posted on the company’s website and is readily accessible.

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Source: L3 Technologies

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