L3 Announces Major European Awards for Both Hold Baggage and Checkpoint CT Cabin Baggage Explosives Detection Solutions

NEW YORK--()--L3 Technologies (NYSE:LLL) announced today key competitively won awards in Europe that total more than $20 million for its ClearScan® checkpoint computed tomography (CT) and MV3D® hold baggage solutions.

“These wins demonstrate the strength of our aviation security solutions, which are powered by best-in-class technologies to deliver superior performance, reliability and cost of ownership”

“These wins demonstrate the strength of our aviation security solutions, which are powered by best-in-class technologies to deliver superior performance, reliability and cost of ownership,” said Christopher E. Kubasik, L3’s Chairman, Chief Executive Officer and President. “Aviation security is a key growth area for L3, where we offer our global customers a fully integrated solution for enhanced security, safety and passenger throughput.”

L3’s hold baggage scanner, the MV3D, features industry-leading detection capability and multi-view 3-D X-ray technology. The system’s advanced design allows bags to be stopped for short periods and still permits the detection analysis to proceed. This reduces costly rescreening of these bags and is a key operational benefit. The hold baggage European Civil Aviation Conference (ECAC) Standard 3 mandate comes into effect starting in 2020 and will be fully enforced by 2022. Airports around the world are selecting the MV3D to replace the older Standard 2 systems.

L3’s ClearScan is the first checkpoint CT to pass the TSA AT-2 requirement and meet the ECAC Cabin Baggage C3 Standard. ClearScan is the most widely deployed checkpoint CT on the market and is currently installed in the United States, the Netherlands, the U.K., Turkey, Germany, Singapore and Japan. Thanks to its enhanced detection capabilities, ClearScan doubles the passenger throughput with the lowest false alarm rate in the industry. Passengers appreciate the convenience of keeping electronics and liquids in their bags.

“Our solutions deliver an unbeatable combination of innovative technology, superior threat detection, higher performance, cost-efficiency and improved customer experiences,” said Pak Chin, President of L3’s Security & Detection Systems sector. “Airports are choosing our solutions to achieve the highest levels of security.”

L3 is trusted by customers around the globe for its leading-edge technologies, as well as its strength as an integrator and a premier provider of advanced systems and solutions.

With systems deployed and supported around the globe, L3 Security & Detection Systems (L3 SDS) is a leading supplier of security screening solutions. For more than 30 years, L3 SDS has developed and manufactured cutting-edge products using advanced technologies. L3 SDS solutions are used by the aviation industry, ports and border crossings, and critical infrastructure facilities. Applications include the screening of people, vehicles, baggage, cargo and packages for explosives, firearms, drugs, contraband and corporate assets. To learn more about L3 SDS, please visit the company’s website at www.L3T.com/sds.

Headquartered in New York City, L3 Technologies employs approximately 31,000 people worldwide and is a leading provider of a broad range of communication, electronic and sensor systems used on military, homeland security and commercial platforms. L3 is also a prime contractor in aerospace systems, security and detection systems, and pilot training. The company reported 2017 sales of $9.6 billion.

To learn more about L3, please visit the company’s website at www.L3T.com. L3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L3 is routinely posted on the company’s website and is readily accessible.

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.


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