L-3 Elects General H. Hugh Shelton to Its Board of Directors
NEW YORK, Apr 26, 2011 (BUSINESS WIRE) -- L-3 Communications (NYSE: LLL) announced today that General H. Hugh Shelton (U.S. Army - retired) has been elected to its board of directors following the retirement of General John M. Shalikashvili (U.S. Army - retired). Following this election, the company's board has nine members, eight of whom are non-employee directors.
"General Shelton brings to L-3 a broad-based strategic perspective on military and global affairs, a wealth of leadership experience and business acumen regarding technology and national security requirements," said Michael T. Strianese, L-3's chairman, president and chief executive officer. "We are both honored and proud that General Shelton will be part of L-3. At the same time, we appreciate the 12 years of leadership and service that General Shalikashvili provided to L-3 and to the Board, and we are pleased that he will continue to advise L-3 as Director Emeritus."
General Shelton served as the 14th Chairman of the Joint Chiefs of Staff for two terms from 1997 to 2001. In this role, General Shelton was the senior officer of the United States military, serving as the principal military advisor to the President of the United States, the Secretary of Defense and the National Security Council, and chairing the senior military body tasked with providing strategic direction to the United States military.
Prior to his tenure as Chairman of the Joint Chiefs of Staff, General Shelton served as the commander of the U.S. Special Operations Command. Additionally, he held positions with the Operations Directorate of the Joint Staff, as well as commanding at every level in the Army and a United States Joint Task Force. General Shelton's military tenure was marked by his efforts on behalf of service members, their families and retirees as well as his guidance to the forces during an era of transformation and improved readiness.
Decorated for distinguished service throughout his 38 year military career, General Shelton has also been internationally recognized for his service. He was awarded the Congressional Gold Medal and was knighted by Queen Elizabeth in 2001. Additionally, he is a published author and is actively engaged in educational projects, including the General H. Hugh Shelton Leadership Center at North Carolina State University.
Headquartered in New York City, L-3 Communications employs approximately 63,000 people worldwide and is a prime contractor in C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems, aircraft modernization and maintenance, and government services. L-3 is also a leading provider of a broad range of electronic systems used on military and commercial platforms. The company reported 2010 sales of $15.7 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.
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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