L-3 Appoints Heidi Wood as Vice President and Chief Analytics Officer

June 6, 2016 | By Business Wire News

NEW YORK

L-3 Communications (NYSE:LLL) announced today that Heidi Wood has been appointed vice president and chief analytics officer. In this newly created position, Ms. Wood will perform operational analysis and support the company’s business development and merger and acquisitions strategy, reporting to President and Chief Operating Officer Christopher E. Kubasik. She will also work with Senior Vice President and Chief Financial Officer Ralph G. D’Ambrosio to oversee L-3’s investor relations function. Ms. Wood joins L-3 from Spirit AeroSystems, where she was responsible for strategy, mergers and acquisitions and investor relations and during her three-year tenure implemented key shareholder-focused and operational initiatives.

“Heidi brings to L-3 a wealth of industry and financial expertise as well as a reputation for performance that makes her ideally suited for this multifaceted role,” said Mr. Kubasik. “As we continue to drive growth, enhance operational excellence and increase shareholder value, she will be instrumental in executing new corporate initiatives and working with the financial community.”

“With a strong track record for building long-standing relationships with investors, Heidi is an excellent addition to our leadership team,” said Michael T. Strianese, chairman and chief executive officer. “Her contributions will enhance our ability to strengthen L-3’s businessand deliver on our long-term strategic vision.”

Ms. Wood has over two decades of experience working in the aerospace and defense industry and as a financial analyst for leading Wall Street banks. Prior to Spirit AeroSystems, she was managing director and global head of aerospace and defense equity research at Morgan Stanley, where she built a widely recognized research franchise and was ranked by “Institutional Investor” as a leading analyst for 12 consecutive years. Additionally, Ms. Wood has previously served on the board of the Space Foundation and on the Presidential Commission on the Future of the U.S. Aerospace Industry.

Headquartered in New York City, L-3 employs approximately 38,000 people worldwide and is a leading provider of a broad range of communication and electronic systems and products used on military and commercial platforms. L-3 is also a prime contractor in aerospace systems. The company reported 2015 sales of $10.5 billion.

To learn more about L-3, please visit the company’s website at www.L-3com.com. L-3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L-3 is routinely posted on the company’s website and is readily accessible.

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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.