L-3 Communications Announces Changes to Board of Directors.Business Editors/High-Tech Writers NEW YORK--(BUSINESS WIRE)--May 27, 2003 L-3 Communications (NYSE NYSE See: New York Stock Exchange :LLL) announced today that Professor Claude R. Canizares Claude R. Canizares is the Bruno Rossi Professor of Physics at MIT. He is also an associate provost at MIT and associate director for MIT of the Chandra X-Ray Observatory Center. Academic career Prof. Canizares earned his B.A., M.A. and Ph.D. has been elected to the L-3 Communications Board of Directors. He succeeds John E. Montague, who has announced his resignation to focus on his position as managing director of CSP Associates, Inc., a leading aerospace and defense advisory firm. Following these changes, L-3 Communications' Board of Directors will continue to consist of eight members, of which six are independent directors. "Since the creation of L-3 Communications, John Montague has been a valuable member of our board," said Frank C. Lanza, chairman and chief executive officer of L-3 Communications. "We wish him well in his future endeavors and thank him for his years of hard work and contributions to our growth and development." Since 1974, Professor Canizares has been a faculty member of the Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business, (MIT). He currently serves as the Associate Provost and Bruno Rossi Professor of Experimental Physics, overseeing the MIT Lincoln Laboratory. In addition, he is a principal investigator and Associate Director of NASA's Chandra X-ray Observatory Chandra X-ray Observatory U.S. X-ray space telescope. It was named after astrophysicist Subrahmanyan Chandrasekhar and was launched into orbit in 1999. Its mirror, with an aperture of 1.2 m (4 ft) and a focal length of 10 m (33 ft), produces unprecedented resolution. and headed the development of the High Resolution Transmission Grating Spectrometer for this major space observatory. Professor Canizares is a member of the National Academy of Sciences, the International Academy of Astronautics The International Academy of Astronautics (IAA) is an international community of experts committed to expanding the frontiers of space. It is a non-governmental organisation established in the 1960s. and a fellow of the American Physical Society The American Physical Society was founded in 1899 and is the world's second largest organization of physicists. The Society publishes more than a dozen science journals, including the world renowned Physical Review and Physical Review Letters, and organizes more than twenty science and the American Association for the Advancement of Science American Association for the Advancement of Science (AAAS), private organization devoted to furthering the work of scientists and improving the effectiveness of science in the promotion of human welfare. . He is also a member of the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. of the Associated Universities Inc., the Board on Physics and Astronomy of the National Research Council and the Air Force Scientific Advisory Board. Professor Canizares has served on the NASA Advisory Council, and was Chair of the Space Studies Board of the National Research Council and NASA's Space Science Advisory Committee. "We welcome Professor Canizares to the L-3 Communications Board," said Mr. Lanza. "As L-3 expands its reach into new technologies, Professor Canizares' deep scientific background and insights will make him a strong addition to our team. We look forward to benefiting from his expertise and experience in the future." Professor Canizares received his BA, MA and Ph.D. in physics from Harvard University. He has authored or co-authored more than 170 scientific papers. He came to MIT as a postdoctoral fellow in 1971 and joined the faculty in 1974, progressing to professor of physics in 1984. Headquartered in New York City, L-3 Communications is a leading merchant supplier of Intelligence, Surveillance and Reconnaissance Intelligence, Surveillance and Reconnaissance may refer to:
Homeland Security executive department - a federal department in the executive branch of the government of the United States , 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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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