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Monday, April 30, 2012

L-3 Announces Appointments of Craig Reed and John Heller to its Services Group


Press Release

L-3 Announces Appointments of Craig Reed and John Heller to its Services Group

New Hires Will Further Strengthen Engility's Management Team
NEW YORK--(BUSINESS WIRE)--Apr. 30, 2012-- L-3 Communications (NYSE: LLL) announced today the appointments of Dr.Craig Reed and John Heller to the L-3 Services Group’s (LSG) executive leadership team. They will report to Tony Smeraglinolo, currently executive vice president of LSG, who will be appointed Engility’s chief executive officer upon completion of the spin-off. Dr. Reed and Mr. Heller will assist with the implementation plans for the Engility spin-off and then transition to Engility once the transaction is complete.
“It is my pleasure to welcome Craig and John to L-3,” said Mr. Smeraglinolo. “Both are demonstrated strategic leaders within our core services markets and will contribute new perspectives to fuel our growth in the current environment.”
Dr. Reed will serve in the newly created position of senior vice president for strategic development. Prior to joining LSG, Dr. Reed was senior vice president, strategy and corporate development at DynCorp International. He also held several executive-level positions at Northrop Grumman and Lockheed Martin and senior positions within the federal government. Dr. Reed has a Ph.D. in public policy with a specialization in national security studies from George Washington University.
John Heller has been appointed president of the C2S2 division. Mr. Heller has more than 25 years of IT leadership experience, and recently served as president of Harris IT Services. He also held several senior executive positions in the defense industry, as well as in consulting and capital management. Mr. Heller is a graduate of the United States Military Academy, has a master’s of business administration degree from the University of Pittsburgh and sits on multiple advisory boards.
L-3 Services Group is based in Alexandria, Va., and has more than 15,000 personnel working in 60 countries around the world.
Headquartered in New York City, L-3 employs approximately 61,000 people worldwide and is a prime contractor in C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems, aircraft modernization and maintenance, and government services. L-3 is also a leading provider of a broad range of electronic systems used on military and commercial platforms. The company reported 2011 sales of $15.2 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.
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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