24.10.2007 13:00:00
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L-3 Appoints Kris Ganase President of Aviation Products
L-3 Communications (NYSE: LLL) announced today that Kris Ganase has been
appointed to the newly created position of President of Aviation
Products within the corporation’s Products
Group. Mr. Ganase will report to Charles J. Schafer, President and Chief
Operating Officer of L-3’s Products Group. In
this new role, Mr. Ganase will oversee the Aviation Products businesses,
including ACSS, Avionics Systems, Aviation Recorders and
Electrodynamics, Inc. and he will support Mr. Schafer in capitalizing on
the divisions’ capabilities to expand L-3’s
market presence.
Mr. Ganase has over 22 years of aviation industry experience in the
areas of engineering, marketing, business development and programs. Most
recently he served as President of ACSS, a Joint Venture Company owned
by L-3 and Thales, a position he has held since 2004. Prior to that Mr.
Ganase was Executive Vice President and Chief Operating Officer at ACSS
from 2001 to 2004 and held the position of Vice President of Operations
for Thales Avionics Canada from 1996 to 2000.
"This new position will enable us to focus on
leveraging group synergies as we pursue expanded business opportunities
in the aviation marketplace,” said Mr.
Schafer. "With his demonstrated success at
ACSS, Kris has a long performance record of penetrating new markets, and
we look forward to his increased contributions in growing our aviation
business and meeting the needs of our customer base.”
Mr. Ganase holds a Bachelor’s of Science
degree in Air Transport Engineering from London City University, England.
Headquartered in New York City, L-3 Communications employs over 63,000
people worldwide and is a prime system contractor in aircraft
modernization and maintenance, C3ISR
(Command, Control, Communications, Intelligence, Surveillance and
Reconnaissance) systems and government services. L-3 is also a leading
provider of high technology products, systems and subsystems. The
company reported 2006 sales of $12.5 billion.
To learn more about L-3, please visit the company’s
web site at www.L-3Com.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” 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.
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