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L-3 Communications Holdings, Inc.

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According to the company's web site, L-3 Communications Holdings, Inc. says that it is a "leading merchant supplier of Intelligence, Surveillance and Reconnaissance (ISR) products, secure communications systems and products, avionics and ocean products, training products, microwave components and telemetry, instrumentation, space and wireless products." The company claims a workforce of more than 25,000 employees and "over $4.0 billion in sales in 2002." Among its customers, L-3 Communications Holdings includes the "Department of Defense, selected US government intelligence agencies, aerospace prime contractors and commercial telecommunications and wireless customers."

Contents

History

In 1997, Frank C. Lanza and Robert V. LaPenta formed a business that could serve as a "leading mezzanine company for the defense electronics and communications industry." Both had decades of experience in the defense industry, including Lockheed Martin and the Loral Corporation.

In conjunction with Lehman Brothers and Lockheed Martin, Lanza and LaPenta formed L-3 Communications to be a "supplier of choice for prime contractors. In establishing the company, several advanced electronics businesses were purchased that were part of the Lockheed Martin, Loral Corporation merger that occurred in 1996. Also purchased from Lockheed Martin was a division located in Camden, NJ that had been part of GE."

Milestones included the purchase and merger of a number of companies:

1998: ILEX Systems, a leading supplier of information technology, software and related military products; Ocean Systems, a leading supplier of surface and undersea products; SPD Technologies, Inc., one of the world's leading providers of state-of-the-art, mission-critical electronics and electrical power products and subsystems; and Microdyne Corporation, a premier global developer and manufacturer of aerospace telemetry receivers, secure communications and technical service solutions for high technology providers.

1999: Aydin Corporation, a leader in technologically advanced telemetry, communications and other electronic products and systems for military, space, government and commercial customers; Interstate Electronics Corporation (IEC), a long-term supplier of critical test instrumentation and missile tracking systems for the U.S. Navy's Fleet Ballistic Missile weapons systems, used aboard the Trident submarine and a leader in Global Positioning System (GPS) technology currently in use on multiple aircraft, cruise missile and precision guided bombs and projectiles; LNR and EMP, leading providers of antennas and complete tracking for Telemetry, Tracking & Control (TT&C) for receiving high rate imagery data, flight termination systems, up and down converters for C, X, Ku, and Ka-band satellites, military fixed and portable command and control ground stations, portable commercial satellite news gathering uplinks and satellite components; and Space and Navigation Systems, a leader in navigation products for major weapons systems and satellites.

2000: Training Devices and Training Services (TDTS) business of the Raytheon Company; the Traffic Alert and Collision Avoidance System (TCAS) product line from Honeywell and created the L-3 Aviation Communications and Surveillance Systems division; acquired all outstanding stock of MPRI (teaching and training programs to domestic and international governments as well as commercial customers; and acquired a 53.5% stake in LogiMetrics, Inc and control of its operations [leadership technology for the emerging broadband wireless communications infrastructure market for Ka-band Point-to-Multipoint (PMP) distribution services, including high-speed Internet access, real-time multimedia file transfer, interactive video and other applications].

2001: KDI, a leading provider of premium fuzing products (proximity fuzes, Electronic Safe and Arm Devices (ESADs) and self-destruct/submunition grenade fuzes); EER Systems, specializing in communication systems, training and simulation equipment and a broad range of hardware and software for the U.S. Army, Air Force and Navy, the FAA and BMDO; and Spar Aerospace Limited, a leading global provider of turnkey aviation life cycle management services, providing value-added engineering and upgrades for selected military and commercial aviation programs.

2002: Aircraft Integration Systems (AIS), a division of Raytheon that is a leader in the global Intelligence, Surveillance and Reconnaissance (ISR) market [largest acquisition to date].

Divisions

See alphabetized listing of links to divisions here.

Board of Directors

As of 2007, the following are members of the Board of Directors of L-3 Communications: [1]

  • Robert B. Millard, Non-Executive Chairman, Chairman of the Executive Committee, Member of the Compensation Committee
  • Michael T. Strianese, President, Chief Executive Officer and Director
  • Claude R. Canizares, Member of the Audit Committee
  • Peter A. Cohen, Chairman of the Compensation Committee, Member of the Executive Committee
  • Thomas A. Corcoran, Chairman of the Audit Committee, Member of the Executive Committee
  • John M. Shalikashvili, Member of the Compensation Committee, Member of the Nominating/Corporate Governance Committee
  • Arthur L. Simon, Member of the Audit Committee, Member of the Nominating/Corporate Governance Committee
  • Alan H. Washkowitz, Chairman of the Nominating/Corporate Governance Committee, Member of the Compensation Committee
  • John P. White, Member of the Nominating/Corporate Governance Committee

Personnel

See Corporate web pages for full biographies.[2]

Lobbying Expenditures

Defense Electronics Industry
Year Subsidiary (lobbied for) Amount Firm
1998 SPD Technologies; L-3 Analytics; Bt Fuze Products Division $520,000 Thelen Reid & Priest - SPDT ($240K); Baker Donelson ($120K); PMA Group ($100K); Robison International ($40K); Madison Government Affairs - L-3 Analytics ($20K); ACG Intercontinental - BFP Division ($0)
1999 SPD Technologies; L-3 Analytics; Bt Fuze Products Division Defense Electronics - $500,000; Misc. - $40,000 Thelen Reid & Priest - SPDT ($220K); Baker Donelson ($80K); PMA Group ($120K); Robison International ($80K); Madison Government Affairs - L-3 Analytics ($40K); ACG Intercontinental - BFP Division ($0)
2000 SPD Technologies; L-3 Analytics; Bt Fuze Products Division Defense Electronics - $430,000; Misc. - $60,000 Thelen Reid & Priest - SPDT ($90K); Baker Donelson ($100K); PMA Group ($200K); Robison International ($40K); Madison Government Affairs - L-3 Analytics ($60K); ACG Intercontinental - BFP Division ($0)
2001 SPD Technologies; L-3 Analytics; Bt Fuze Products Division Defense Electronics - $618,000; Misc. - $60,000 Thelen Reid & Priest - SPDT ($138K); Baker Donelson ($100K); PMA Group ($300K); Robison International ($40K); Madison Government Affairs - L-3 Analytics ($60K); ACG Intercontinental - BFP Division ($0)
2002 SPD Technologies; L-3 Analytics; Security & Detection Systems; Bt Fuze Products Division Defense Electronics - $700,000; Misc. - $40,000 Thelen Reid & Priest - SPDT ($120K); Baker Donelson ($160K); PMA Group ($340K); Robison International ($40K); Madison Government Affairs - L-3 Analytics ($40K); Alpha Stategies - Security & Detection ($40K) ACG Intercontinental - BFP Division ($0)
2003 BEAMHIT LLC; SPDT; L-3 Analytics; BFP Division Defense Electronics - $536,000; Misc. - $40,000 Perkins Smith & Cohen ($40K); PMA Group ($380K); Robison International ($40K); BEAMHIT LLC ($366K); Thelen Reid & Priest - SPDT ($170K); Copeland Lowery & Jacquez - BEAMHIT ($100K); Conaway Group - BEAMHIT ($40K); Madison Government Affairs - L-3 Analyics ($40K); [ACG Intercontinental - BFP Division ($0)
2004 L-3 Avisys; BEAMHIT; L-3 SPDT $1,180,000 PMA Group ($400K); Sonnenschein Nath & Rosenthal - L-3 Avisys ($180K); Baker Donelson ($160K); Potomac Advocates ($120K); Copeland Lowery & Jacquez - BEAMHIT ($80K); Ghazal & Associates - BEAMHIT ($60K); Teicher Howard ($60K); Brown & Company -SPDT - ($40K); Conaway Group - BEAMHIT ($40K); Perkins Smith & Cohen ($20K); Robison International ($20K)
2005 L-3 Avisys; BEAMHIT $175,000 Potomac Advocates ($60K); Sonnenschein - L-3 Avisys ($60K); Conaway Group - BEAMHIT ($20K); Robison International ($20K); Teicher Howard ($15.3K)

[3]

Contact

600 3rd Avenue
New York, NY 10016
Phone: 212-697-1111
Fax: 212-867-5249
Web: http://www.l-3com.com

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External links

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