L-3 Promotes Gino Malatesta to Corporate Vice President - Planning

L-3 Communications (NYSE: LLL) announced today that it has named Gino Malatesta to the newly created position of Corporate Vice President – Planning. In this position, Mr. Malatesta will manage the company’s internal financial planning, forecasting processes and analysis. Mr. Malatesta reports to Ralph D’Ambrosio, Vice President and Chief Financial Officer. Mr. Malatesta has over twenty-three years experience in aerospace and defense industry financial management and planning. Most recently, he served as Senior Group Vice President – Finance, a position held since 2004. Prior to that, he served as the Vice President of Finance for L-3’s Narda Microwave-East division. "In addition to operating experience, Gino has a thorough understanding of L-3’s management and culture, which makes him a terrific addition to L-3’s corporate team,” said Mr. D’Ambrosio. "Throughout his extensive career he has shown an ongoing commitment to achieving the highest standards of financial management and I look forward to his contributions at the corporate staff level.” Mr. Malatesta served in the corporate finance organizations of both L-3 and the Loral Corporation from 1994-2001, where he oversaw business review functions, bid and proposal processes and supported mergers and acquisitions. Prior to that, Mr. Malatesta served at Loral’s Fairchild unit, working in various positions in finance and program administration. Mr. Malatesta is a graduate of CW Post College. He also received an MBA in Finance and an MS in Accounting from Long Island University. Headquartered in New York City, L-3 Communications employs over 63,000 people worldwide and is a prime system 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, systems and subsystems. The company reported 2006 sales of $12.5 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” 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.