News & Events: Press Release

L-3 Communications Display Systems Wins $17 Million Contract to Provide
Cockpit Displays for C-130J-30 and KC-130J Aircraft

NEW YORK, NY, September 23, 2003 — L-3 Communications (NYSE: LLL) announced today that its Display Systems division (L-3 Display Systems) has been awarded a multi-year contract from Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation (NYSE: LMT), to provide cockpit displays for C-130J-30 aircraft for the U.S. Air Force and KC-130J aircraft for the U.S. Marine Corps. This contract is valued at over $17 million and will be completed over the next five years.

Under the terms of the contract, L-3 Display Systems will produce four different types of advanced displays for the C-130J-30 and KC-130J aircraft. Three of the four display types will show mission-critical data consisting of communication, navigation, radar and engine status, which will be provided to the aircrew via a MIL-STD-1553 interface with the aircraft mission computer. These three displays will be used in various combinations in each aircraft cockpit, with a combined total of seven displays per cockpit, depending on aircraft configuration. The fourth type of display will be used in the aircraft cargo compartment to provide primary interface and control to the loadmaster for the Enhanced Cargo Handling System.

“We are proud to have earned this opportunity to extend our relationship with Lockheed Martin on the C-130J Hercules program,” said Bob McGill, president of L-3 Display Systems. “L-3 Display Systems is a leader in providing high-performance display systems for demanding environments, and we look forward to supporting the Hercules program with the latest in display technology well into the future.”

Lockheed Martin’s C-130 Hercules military transport aircraft is a rugged tactical airlifter used by armed forces around the world. The C-130J is the newest-generation, incorporating an integrated digital avionics suite with heads-up displays, a new propulsion system and other major systems upgrades that reduce operating costs and crew size while offering significant performance improvements. The C-130J-30 is the stretched fuselage version of the aircraft. The company’s KC-130J is a tanker aircraft, designed for the U.S. Marine Corps, that is capable of refueling both helicopters and jet aircraft.

Lockheed Martin Aeronautics Company, a business area of Lockheed Martin, is a leader in the design, development, systems integration, production and support of advanced military aircraft and related technologies. Its customers include the military services of the United States and allied countries throughout the world. Products include the F-16, F/A-22, F-35 JSF, F-117, T-50, C-5, C-27J, C-130, C-130J, P-3, S-3 and U-2.

L-3 Display Systems, located in Alpharetta, Georgia, specializes in the design, development and manufacture of ruggedized display systems for the world's most advanced applications. The division was recently selected as The Boeing Company’s 2002 Supplier of the Year for Aerospace Support from a field of over 11,000 suppliers and also received the distinguished Preferred Supplier Certification Award from Boeing. L-3 Display Systems offers a wide variety of displays and processors available to meet a host of system architectures for airborne, shipboard and ground-based applications.

To learn more about L-3 Display Systems, please visit the company’s web site at www.L-3Com.com/displays.

Headquartered in New York City, L-3 Communications is a leading merchant supplier of Intelligence, Surveillance and Reconnaissance (ISR) systems and products, secure communications systems and products, avionics and ocean products, training devices and services, microwave components and telemetry, instrumentation, space and navigation products. Its customers include the Department of Defense, Department of Homeland Security, 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. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.

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