| NEWS & EVENTS
L-3 Telemetry-East and Cosworth Establish Aerospace Market Agreement
BRISTOL, PA, June 1st, 2009 – L-3 Telemetry-East (L-3 TE), a division of L-3 Communications, announced today that it has finalized an agreement with Cosworth Electronics to repurpose its electronic telemetry and control technology systems for the North American aerospace and defense markets. The company will use systems originally intended for Cosworth’s motorsports activities to offer advanced data collection and system control technology for use in Unmanned Aerial Vehicle/Unmanned Aerial System (UAV/UAS) platforms.
“The same devices that monitor engine health, control gearboxes and power fuel pumps in performance cars are ideally suited to similar functions in UAV/UAS platforms,” said Marc Lienard, president of L-3 TE. “We plan to take advantage of Cosworth’s substantial investment in this leading-edge technology and offer its high performance, lightweight, low-power consumption and functional adaptability into the equally demanding aerospace field.”
“We cannot imagine a better partner in the North American aerospace market than L-3,” said Cosworth Group chief executive Tim Routsis. “We have found that airframers, system integrators and flight training organizations are intently interested in this equipment’s ability to monitor air vehicle subsystems and autonomously make real-time adjustments – particularly in smaller and lighter aircraft like UAVs. The addition of L-3 TE’s domain knowledge, end-customer presence and support structure provides the best opportunity to make use of these capabilities among the aerospace and defense customer base.”
As a result of the Cosworth agreement, L-3 TE is now offering a variety of Cosworth-developed electronic technologies in the North American aerospace market under the L-3 label. The equipment is supported by L-3’s customer service department and backed by Cosworth’s experienced field engineering activity.
Cosworth Electronics, a division of the Northampton, U.K.–based Cosworth Group, develops and delivers high performance solutions across a number of markets including aerospace & defense, marine, mainstream automotive and in major racing series including Formula One and IRL.
Cosworth can be found on the Internet at www.cosworth.com.
About L-3 Communications Telemetry-East
L-3 Telemetry-East is a world-leading manufacturer of missile and aircraft flight test instrumentation, including airborne and ground telemetry products. L-3 TE also provides airborne telemetry and flight test products which gather and process critical information aboard spacecraft, aircraft, missiles, guided weapons, targets, and UAVs. Constructed to function under the severe conditions of space and military applications, our equipment also records the data and transmits it to receiving stations and then processes and displays it for technicians on the ground.
To learn more about L-3, please visit the company’s Web site at www.L-3Com.com/TE .
About L-3 Communications
Headquartered in New York City, L-3 Communications employs approximately 65,000 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 2008 sales of $14.9 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.
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