L-3 Communications Space & Navigation
 
L-3 Communications Corporation








Press Release

L-3 Communications Awarded Order to provide upgrades to the Space Shuttle's Solid Rocket Booster Integrated Electronics Assembly

NEW YORK, NY, December 19, 2002 - L-3 Communications (NYSE: LLL) announced today that its Space & Navigation Division (L-3 S&N) has been awarded an order by United Space Alliance (USA) to retrofit the existing Integrated Electronics Assembly (IEA) for the Space Shuttle's Solid Rocket Booster (SRB). The total value of the contract is $22 million.

The IEA is the primary communications link between the SRB and the Shuttle's Orbiter. The IEA provides the control electronics for the SRB during the launch, ascent, separation, reentry and recovery phases of the mission. The upgrade consists of replacement of the IEA internal Harness Assemblies. The contract was awarded as part of NASA's dedication to continued safety in the Space Shuttle program.

"We are proud to be awarded this new order from the United Space Alliance to upgrade the existing IEA to maintain the safety and integrity of the Shuttle," said Paul Wengen, president of L-3 Space & Navigation. "This award demonstrates our customers' continued confidence in our capabilities and our industry leading standards, and will ensure we continue to be a key supplier to the United Space Alliance through the decade."

USA, a leading space operations company, was established in 1996 as a joint venture between The Boeing Company and Lockheed Martin Corporation. USA is chartered to manage and conduct space operations work involving the operation and maintenance of multi-purpose space systems As the prime contractor for NASA's Space Shuttle Program; USA is responsible for the day-to-day operation and management of the U.S. Space Shuttle fleet.

L-3 Space & Navigation, located in Teterboro, NJ, is a world premier provider of inertial instruments and integrated fire control systems to the global market and a major supplier of high quality Pointing, Guidance, Control and Positioning equipment for satellites, artillery, and launch vehicles, serving the military, commercial and government markets. The division's products and capabilities include Fiber Optic Gyros, Ring Laser Gyros, Reaction Wheel Assemblies, Position Navigation Units, Fire Control and Digital Battlefield Solutions. Space & Navigation has provided state-of-the-art systems for many critical and strategically important space and national defense programs as well as being the premier supplier of precision pointing and position location systems for the US Army.

Headquartered in New York City, L-3 Communications is a leading merchant supplier of Intelligence, Surveillance and Reconnaissance (ISR) products, 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 US 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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