L-3 Receives Four Cogswell Awards for Outstanding Industrial Security Practices

NEW YORK--()--L-3 Communications (NYSE:LLL) announced today that four of its locations, representing all three of its business segments, have won James S. Cogswell Outstanding Industrial Security Achievement Awards from the U.S. Department of Defense, Defense Security Service (DSS). The winners were selected as four of 42 recipients of this year’s award from a field of 13,000 cleared defense contractors.

This is the first time that four L-3 business locations have been recognized with Cogswell Awards in the same year, bringing the company’s total to 24 since 2005. The Cogswell Award is the highest honor a company can receive for the handling of classified information, and 2016 marks the 12th consecutive year that L-3 has received one or more Cogswell Awards for its industry-leading security practices.

“This is truly an outstanding achievement for L-3 and our security professionals, not only in the context of national security, but also as an important business discriminator in our industry,” said Michael T. Strianese, L-3’s chairman and chief executive officer. “We strive for excellence and consistency in executing our company-wide security strategies and are pleased that our efforts once again measure up to the high standards of the DSS.”

“We are very proud of the contribution our men and women make in safeguarding an expanding range of sensitive information,” added Vincent L. Jarvie, L-3’s vice president of corporate security. “While each of our locations has unique requirements, the cross-segment recognition we have received from the DSS validates our overall approach. We are deeply honored and grateful that what we do every day has a positive impact on our company, as well as our customers and those serving in uniform across the globe.”

In selecting Cogswell Award candidates, a national review team competitively ranks the closely vetted nominees, with DSS making the final award selections.

Winners from L-3’s Electronic Systems segment include Coleman Aerospace in Orlando, Florida, and SPD Electrical Systems in Philadelphia, Pennsylvania. They are joined by Aerospace Systems’ Crestview Aerospace facility in Crestview, Florida, and Communication Systems’ Electron Devices location in San Carlos, California.

Headquartered in New York City, L-3 employs approximately 38,000 people worldwide and is a leading provider of a broad range of communication and electronic systems and products used on military and commercial platforms. L-3 is also a prime contractor in aerospace systems. The company reported 2015 sales of $10.5 billion.

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

Contacts

L-3
Corporate Communications
212-697-1111

Contacts

L-3
Corporate Communications
212-697-1111