PHILADELPHIA, Pa., August 9, 2011 - L-3 Marine & Power Systems (M&PS) announced today that it has extended its presence into the Brazilian marketplace by opening a new office and appointing key local staff. All regional operations for the new Brazilian office will be led by Mr. Jonas Henrique Lobo. Mr. Lobo will serve as the director of business development for the L-3 Marine & Offshore Brazil office, reporting directly to Brian Pope, senior vice president of business development for L-3 M&PS.
"Mr. Lobo will be a great asset in helping to significantly grow our business in the Brazilian marketplace," said Mr. Pope. "In his new role, Jonas will seek growth opportunities for the group, as well as work to further establish L-3 Marine & Power Systems as a preeminent supplier and trusted partner in the region."
The new Brazilian office will offer services and support from L-3 Offshore companies in Europe, Canada and the U.S.A. In addition to its L-3 team, the office will partner with local businesses to utilize local competencies and production facilities, assuring optimum responsiveness for its customers.
Prior to joining L-3, Mr. Lobo was formerly the business development manager at Mitsui & Co., Ltd. in Brazil. With more than 20 years of experience in the shipbuilding and offshore industries, Mr. Lobo recently held positions of increasing responsibility as managing and financial director for Mitsui's subsidiaries, created to develop specific oil and gas related projects. Mr. Lobo earned a bachelor's degree in Business Administration from Candido Mendes University and MBAs from American Management Association and CICOM Brains Inc.
Comprised of 25 operating companies, L-3 Marine & Power Systems (L-3 M&PS) is a worldwide leader in maritime automation and control, navigation, communications, dynamic positioning, and power distribution and conditioning for the U.S. Navy, allied foreign navies and commercial customers worldwide. With over 94 locations in 20 countries, L-3 M&PS is a cohesive, global partner with extensive capabilities and a proven track record in delivering the highest level of technology, service and integration. To learn more about L-3 Marine & Power Systems, please visit its website at www.L-3com.com/MPS.
Headquartered in New York City, L-3 Communications employs approximately 67,000 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 2010 sales of $15.7 billion.
To learn more about L-3, please visit the company's Web site at www.L-3com.com.
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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," "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.