New York-listed L-3 acquires HSA Systems of Australia

L-3 acquires HSA Systems Pty Limited of Australia acquisition expands global presence

New York - L-3 Communications (NYSE: LLL) announced today that it has acquired HSA Systems Pty Limited of Australia, a leading provider of geospatial, marine and electronic systems for maritime and defense customers.

HSA has annual sales of approximately $10 million (AU$11 million). The transaction closed on March 14, 2008.

"HSA is a significant addition to our global maritime capability and fits well with our recently formed Marine and Power Systems Group," said Michael T. Strianese, president and CEO of L-3 Communications.

HSA will be consolidated as a business unit within the L-3 Nautronix division in Australia, strengthening its product and market position in the Pacific Region. Mike Gallagher, managing director of L-3 Nautronix, will lead the business, which extends L-3's global presence with offices in Fremantle, Sydney and Wollongong, Australia, and Wellington, New Zealand.

L-3's Nautronix operations provide wireless long-range underwater communications, portable undersea test ranges, diver computers and electronic console map displays. The acquisition of HSA will enhance L-3's current line of networked undersea solutions and power and control systems to provide fully integrated system solutions.

HSA compiles, produces and maintains nautical charts, and supplies customized software and IT systems for the Australian Hydrographic Services, the Royal Australian Navy and Land Information New Zealand.

The data collected and maintained by HSA is used by the maritime industry to identify the details of ocean and coastal areas, including the identification of navigational hazards, tides and currents, to provide real-time information for vessel tracking.

Headquartered in New York City, L-3 Communications employs over 64,000 people worldwide and is a prime contractor in aircraft modernization and maintenance, C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems and government services. L-3 is also a leading provider of high technology products, subsystems and systems. The company reported 2007 sales of $14 billion.

To learn more about L-3, 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. 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.

L-3 CommunicationsCorporate Communications, 212-697-1111 or Australian Contact:L-3 NautronixJacki-Lee Gillett, +61 (0)8 9430-0000+61 419-998-805Marketing and Communications Officer

Trust deepens for U.S.-India defense cooperation

New Delhi, (ANTARA News/PRNewswire-AsiaNet) - The U.S.-India Business Council (USIBC) today arrived at Indira Gandhi International Airport leading the largest-ever U.S. Executive Defense Mission to India in the 33-year history of this premier business advocacy organization whose mandate is to deepen U.S.-India commercial ties.

Comprised of America's top defense companies, including GE Aviation, General Dynamics, ITT, Lockheed Martin, The Boeing Company, L-3 Communications, Northrup Grumman, Oracle, Raytheon, Sikorsky, Stonebridge International, BGR Holdings, The Cohen Group, Tri Polis, EP Team, The Fremont Group, and DRS Technologies, this broad-based Executive Defense Mission will be led by USIBC Board Member, William S. Cohen, Former U.S. Secretary of Defense, and by Admiral Walt Doran and General Paul Kern -- both retired four- star officers from the U.S. Armed Services.

"As the U.S. prepares for its largest-ever Foreign Military Sale to India of C-130 J Transport Aircraft, as well as direct commercial sales of P-8 Naval Reconnaissance planes, the promise of deeper U.S.-India defense cooperation is now reality -- with collaborations and joint ventures between U.S. and Indian firms already underway. U.S. companies are looking forward to being a reliable supplier and trusted partner for the long term," said former Secretary of Defense, William S. Cohen. Cohen is Chairman of The Cohen Group, a strategic consulting and advisory firm based in Washington, D.C.

"As the United States and India deepen their partnership in defense cooperation, jobs are being created in India as well as in the U.S., spurred by technology trade and high-end manufacturing. This is a true 'win-win' for both sides," said Ron Somers, President of the U.S.-India Business Council, speaking about U.S.-India high technology collaborations.

U.S. defense companies under the USIBC banner have launched eight consecutive Missions to India over the past three years advocating for more robust defense cooperation.

Bilateral dialogues between the two governments have taken place in rapid succession ever since India's erstwhile Prime Minister, Atal Bihari Vajpayee, initiated a new era of cooperation with the United States under the Next Steps in Strategic Partnership (NSSP), beginning in 2001.

Since that time, U.S. defense companies have opened offices in New Delhi in pursuit of collaborations with partners in the Indian defense sector.

The U.S.-India Business Council is the premier business advocacy organization representing 275 of the largest U.S. companies investing in India, joined by two dozen of India's largest global companies. Chaired by Indra K. Nooyi, Chairman of PepsiCo, USIBC's mandate is to deepen two-way trade and strengthen U.S.-India commercial ties.

The U.S.-India Business Council (USIBC), formed in 1975 at the request of the Government of India and the U.S. Government to advance commercial ties between the world's two largest free-market democracies, is hosted under the aegis of the U.S. Chamber of Commerce. The U.S. Chamber of Commerce is the world's largest business federation representing more than 3 million businesses and organizations of every size, sector, and region. The U.S.-India Business Council celebrates its 33rd Anniversary at the U.S. Chamber of Commerce on June 12, 2008 in Washington, D.C.

SOURCE: U.S.-India Business Council
CONTACT: Nikhil Khanna, +1-202-230-3732 (in Delhi),
nkhanna@uschamber.com
Web site: http://www.usibc.com

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