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News & Events: Press Release

L-3 COMMUNICATIONS AWARDED DISPLAY SYSTEM FOR THE LINE-OF-SIGHT ANTI-TANK PROGRAM

NEW YORK--(BUSINESS WIRE)--April 16, 2001-- L-3 Communications (NYSE:LLL) announced today that its Display Systems division has been awarded a contract from Lockheed Martin Missiles and Fire Control to provide the Display System for the Line-of-Sight Anti-Tank Program (LOSAT). The contract will be valued at approximately $2 million, plus production options for a total potential of over $6 million.

The LOSAT Weapon System is comprised of a hypervelocity Kinetic Energy Missile (KEM) and associated fire control system integrated into an expanded capacity High Mobility Multipurpose Wheeled Vehicle. LOSAT provides the US Army an affordable, air-droppable system with overwhelming KEM lethality against advanced armor, bunkers, and hardened structures.

The Display System consists of a Controls & Displays Manager (CDM) and 2 BattleView/15 Tactical Displays. The system provides both the operator and commander the means to locate, identify and engage targets on the complex digital battlefield.

L-3 Display Systems developed the BattleView/15 to meet the military's needs for ruggedized lightweight, tactical, high-resolution displays for vehicle operators on the battlefield. L-3's LOSAT Display System is based on the latest Active Matrix Liquid Crystal Display (AMLCD) flat panel technology, advanced processors, software and interfaces.

"L-3's LOSAT Display System is a state-of-the-art, affordable system that is unique in its ability to meet the demanding requirements of ground vehicles and other forces," said Bob McGill, president of L-3 Display Systems. "The inclusion of this hardware in the LOSAT System provides the ability to view high resolution video and tactical information crucial for all operators on the complex digital battlefield."

L-3 Display Systems specializes in the design, development and manufacture of ruggedized display systems for highly demanding applications. L-3's product line includes cathode ray tube displays, active matrix liquid crystal flat panel displays and display processor electronics.

Headquartered in New York City, L-3 Communications is a leading merchant supplier of secure communications systems and products, avionics and ocean products, training products, microwave components and telemetry, instrumentation, space and wireless products. Its customers include the Department of Defense, selected U.S. government intelligence agencies, aerospace prime contractors and commercial telecommunications and wireless customers.

To learn more about L-3 Communications, please visit the company's web site at www.L-3Com.com.

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. 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.

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