L3 Receives Three Cogswell Awards for Outstanding Industrial Security Practices

NEW YORK–(BUSINESS WIRE)–Jun. 14, 2019–
L3 Technologies (NYSE:LLL) announced today that three of its entities
have been awarded a 2019 James S. Cogswell Outstanding Industrial
Security Achievement Award from the U.S. Department of Defense, Defense
Security Service (DSS). L3’s entities were selected as three of 51
recipients of this year’s award from a field of approximately 13,000
cleared defense contractor facilities.

“Across L3, we continually emphasize the importance of our security
processes in all aspects of our business, and the Cogswell Award is the
highest recognition of these efforts,” said Christopher E. Kubasik, L3’s
Chairman, Chief Executive Officer and President. “Increasingly, security
is being considered as a critical operational pillar in our industry,
along with cost, performance and schedule. We are focused on achieving
excellence in everything we do, and I congratulate our security teams
for once again being recognized as the best of the best on behalf of our
customers.”

The Cogswell Award is the most prestigious honor a company can receive
for the handling of classified information with integrity, discretion
and proven reliability. The 2019 awards mark the 15th
consecutive year that L3 has achieved one or more Cogswell Awards for
its industry-leading security practices, and this year’s awards bring
the total to 29 that L3 has received since 2005.

Recognized L3 divisions include L3 Communication Systems-West, Salt Lake
City, Utah, of L3’s Communications & Networked Systems segment, as well
as L3 ForceX, Nashville, Tennessee, and L3 Sonoma EO, Santa Rosa,
California, both of L3’s Intelligence, Surveillance and Reconnaissance
(ISR) segment.

“We are honored by this special recognition from DSS and extremely proud
of all our men and women who work hard to make L3’s security program a
model for our industry,” said Vincent L. Jarvie, Vice President of
Corporate Security. “Safeguarding sensitive information amid an
escalating global threat is more critical now than ever before, and we
are committed to making a strong contribution to L3’s strategy of
continuous improvement.”

Cogswell Award nominees are competitively evaluated by a national review
team, with DSS making the final selections. Winning security programs
must exceed National Industrial Security Program requirements and
demonstrate leadership in best practices, while maintaining the highest
security standards.

With headquarters in New York City and approximately 31,000 employees
worldwide, L3 develops advanced defense technologies and commercial
solutions in pilot training, aviation security, night vision and EO/IR,
weapons, maritime systems and space. The company reported 2018 sales of
$10.2 billion.

To learn more about L3, please visit the company’s website at www.L3T.com.
L3 uses its website as a channel of distribution of material company
information. Financial and other material information regarding L3 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190614005063/en/

Source: L3 Technologies

L3 Technologies
Corporate Communications
212-697-1111

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