L-3 Communications Acquires Joseph Sheairs Associates.

NEW YORK -- L-3 Communications (NYSE: LLL) announced today that it acquired Joseph Sheairs Associates (JSA) on August 12, 2005. The acquired business is expected to generate sales of approximately $25 million and be accretive to L-3's earnings in 2006. The business will be part of L-3's Government Services Group, which is led by president and chief operating officer Carl Vuono, and will report to the company's ILEX Systems, Inc. subsidiary. The terms of the transaction were not disclosed.

Founded in 1993, JSA is a multi-disciplined systems and software engineering firm specializing in highly technical engineering and related services in support of Air Traffic Control (ATC) systems. With offices in New Jersey, Washington, DC and Florida, JSA provides technical support, test and evaluation, systems maintenance, prototype evaluations, and laboratory support services to the Federal Aviation Administration (FAA). Supporting the Department of Defense (DoD), JSA has performed weapons systems safety and test engineering for the U.S. Special Operations Command (USSOCOM) and U.S. Army, improving interoperability in a joint environment aboard U.S. Navy ships. JSA is also an installer and maintainer of ATC equipment for state, municipal and contract tower facilities across the U.S.

"As a leading provider of ATC support, JSA is complementary to our Aviation Products business and is a highly specialized engineering provider in the growing airport services market," said Frank C. Lanza, chairman and chief executive officer of L-3 Communications. "Recently, JSA has expanded its work to include the DoD and we look forward to developing this aspect of their business under L-3 and to capitalizing on the services synergies it has with our ILEX business."

Headquartered in New York City, L-3 Communications is a leading provider of Intelligence, Surveillance and Reconnaissance (ISR) systems, secure communications systems, aircraft modernization, training, and government services. The company is a leading merchant supplier of a broad array of high technology products, including guidance and navigation, sensors, scanners, fuzes, data links, propulsion systems, simulators, avionics, electro optics, satellite communications, electrical power equipment, encryption, signal intelligence, antennas and microwave components. L-3 also supports a variety of Homeland Security initiatives with products and services. Its customers include the Department of Defense, Department of Homeland Security, selected U.S. Government intelligence agencies and aerospace prime contractors.

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.