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L3 Maritime Systems Wins Contract to Provide Seaframe Control System for Independence-Variant Littoral Combat Ships

LEESBURG, Va., January 14, 2014 - L3 Maritime Systems announced today that it has been awarded a $6.28 million contract by General Dynamics Advanced Information Systems to supply its Seaframe Control System for the next two U.S. Navy Littoral Combat Ships - LCS 14 and LCS 16.

L3 Maritime Systems' Seaframe Control System will provide advanced automation and control of the ships' propulsion, electrical, ventilation and other machinery systems. The system's automation capabilities successfully achieve the optimized manning requirements mandated for the Navy’s newest class of surface ship combatants.

"We are pleased to join General Dynamics in delivering affordable, open architecture solutions to the U.S. Navy for this program and look forward to working with its prime contractor, Austal, to provide the Navy with these extremely capable ships," said Michael Reed, president of L3 Maritime Systems.

L3 Maritime Systems, a division of L3 Marine & Power Systems, is a leading supplier of marine systems and electronics, including integrated bridge, navigation, communications, control and sensing systems for the U.S. Navy, the Military Sealift Command, the U.S. Coast Guard and allied navies. L3 Maritime Systems also produces solutions for naval applications, such as hybrid electric drive systems, automated battery and environmental monitoring systems, alarm and announcing systems, video data distribution systems, computer information systems, integrated communications systems and integrated platform management systems.

Comprising 29 operating companies, L3 Marine & Power Systems (L3 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. L3 M&PS also produces full-fidelity simulators for increased operator proficiency, resulting in safe operations for leading utilities and ship operators worldwide. With over 85 locations in 19 countries, L3 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 L3 Marine & Power Systems, please visit the company's website at www.L3T.com/MPS.

Headquartered in New York City, L3 employs approximately 51,000 people worldwide and is a prime contractor in C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems, platform and logistics solutions, and national security solutions. L3 is also a leading provider of a broad range of electronic systems used on military and commercial platforms. The company reported 2012 sales of $13.1 billion. To learn more about L3, please visit the company's website at www.L3T.com.

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.