L-3 Communications' Electrodynamics Selected by Boeing for T-45 Training System Team as Part of COSSI Program.

Business & Technology Editors

NEW YORK--(BUSINESS WIRE)--Sept. 4, 2001

L-3 Communications (NYSE:LLL) today announced that its Electrodynamics, Inc. subsidiary has been selected by The Boeing Company (NYSE:BA) to partner with them as part of the T-45 Training System (T45TS) team to upgrade the T-45's airborne data recorder (ADR) as part of a Department of Defense Commercial Operations and Support Savings Initiative (COSSI) award.

The engineering development program will provide additional capability to the signal data recorder used on the T-45 Goshawk, with the goal of providing more engine and flight data and resulting in significant reductions in engine maintenance costs. The contract value for L-3 Communications totals approximately $3 million, with opportunities for follow-on work over the next several years.

"The T-45 COSSI program provides Electrodynamics the opportunity to leverage commercial technologies for our data recorder to help reduce operation and support costs for the T-45. It also demonstrates our ability to enhance existing products in support of our customers and provide state-of-the-art solutions for existing platforms," said Donald Spetter, president of Electrodynamics. "We look forward to continuing our strong relationship with Boeing on the T45TS and successfully meeting the requirements of this important program."

Based in Rolling Meadows, IL, Electrodynamics, Inc., a wholly owned subsidiary of L-3 Communications, has been a long-term supplier of Flight Data Recorders on many major airborne platforms including the F-111, B-1B, B-2, F-4, and F-22. In addition, they manufacture crash survivable recorders for locomotives as well as a line of military elapsed time and fault indicators.

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.