L-3 Acquires HSA Systems of Australia

Acquisition expands global presence

(New York, March 16, 2008) -- L-3 Communications (NYSE: LLL) announced today that it has acquired HSA Systems Pty Limited of Australia, a leading provider of geospatial, marine and electronic systems for maritime and defense customers. HSA has annual sales of approximately $10 million (AU$11 million). The transaction closed on March 14, 2008.


"HSA is a significant addition to our global maritime capability and fits well with our recently formed Marine and Power Systems Group," said Michael T. Strianese, president and CEO of L-3 Communications.

HSA will be consolidated as a business unit within the L-3 Nautronix division in Australia, strengthening its product and market position in the Pacific Region. Mike Gallagher, managing director of L-3 Nautronix, will lead the business, which extends L-3's global presence with offices in Fremantle, Sydney and Wollongong, Australia, and Wellington, New Zealand.

Source : L-3 Communications