09.03.2005 16:16:00
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L-3 Communications Announces Greg Henson to Join the Corporation
Business Editors/Defense Writers
NEW YORK--(BUSINESS WIRE)--March 9, 2005--L-3 Communications (NYSE: LLL), announced today that Greg Henson has joined the company as vice president of Homeland Security Operations. In this newly created position, Mr. Henson will be based at L-3's Washington Operations office, reporting directly to Lieutenant General (Ret.) Patrick Hughes, vice president of Homeland Security.
In his role, Mr. Henson will oversee L-3's homeland security business pursuits, with a particular emphasis on integrating company synergies, efficiencies and technology initiatives which will strengthen L-3's position in the marketplace. He will also be responsible for implementing business models that will coordinate and improve L-3's homeland security business development, engineering and production initiatives. L-3 believes that the overall homeland security market could grow to $4-5 billion a year in the future.
With over 20 years of business operations, program management, engineering and leadership experience in both the defense and commercial sectors, Mr. Henson most recently served as vice president of business development for the Harris Corporation, where he joined in 2002. Prior to that Mr. Henson held a number of management positions at such companies as Raytheon, where he served as a general manager and site executive from 1993 to 2001, as well as Meggitt Avionics, Bath Iron Works and Newport News Shipbuilding. Mr. Henson served as a U.S. Navy Launch Operations Supervisor from 1978 to 1984.
"Greg has an outstanding performance record in business operations and he is well known in the government sector, including the Department of Homeland Security," said Frank C. Lanza, chairman and chief executive officer of L-3 Communications. "The homeland security market is an important one for L-3 and we look forward to Greg's contributions in this key position."
Mr. Henson received his bachelor of science in business management from Pennsylvania State University. He has also completed a variety of management and leadership development programs within the military and corporate arenas.
Headquartered in New York City, L-3 Communications is a leading provider of Intelligence, Surveillance and Reconnaissance (ISR) systems, secure communications systems, aircraft modernization, training and government services and is a merchant supplier of a broad array of high technology products. Its customers include the Department of Defense, Department of Homeland Security, selected U.S. Government intelligence agencies and aerospace prime contractors.
To learn more about L-3 Communications, 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. 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.
--30--ML/ny*
CONTACT: L-3 Communications Cynthia Swain, 212-697-1111 or Financial Dynamics Investors: Eric Boyriven, Olivia Pirovano Media: Evan Goetz 212-850-5600
KEYWORD: NEW YORK INDUSTRY KEYWORD: AEROSPACE/DEFENSE GOVERNMENT MANAGEMENT CHANGES SOURCE: L-3 Communications
Copyright Business Wire 2005
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