L3 Receives a 2018 SAP Innovation Award

Company Recognized as a Winner for Process Innovation

NEW YORK--()--L3 Technologies (NYSE:LLL) announced today that it has received a 2018 SAP Innovation Award for the North American region. These prestigious awards celebrate the achievements of top companies that are using SAP® platform technologies to transform their business, drive innovation and win in the digital economy. As part of the SAP Innovation Award review process, L3’s Process Innovation entry was recognized as a compelling example of this work.

“SAP has delivered to L3 a sophisticated yet very practical tool that enables us to monitor, analyze and share our business metrics, and accelerate integration and collaboration across the enterprise.”

“As we execute our long-term growth vision for L3, we are investing in technology initiatives that maximize our ability to share data and connect intelligence,” said Christopher E. Kubasik, L3’s Chairman, Chief Executive Officer and President. “SAP has delivered to L3 a sophisticated yet very practical tool that enables us to monitor, analyze and share our business metrics, and accelerate integration and collaboration across the enterprise.”

L3’s entry, known inside the company as Project Sumo, is built on SAP Digital Boardroom. Sumo leverages a full suite of SAP cloud analytics offerings, providing L3 with a single portal that enables analysis of critical internal and external data across multiple business functions for timely and transparent situational awareness. L3’s Process Innovation entry, subtitled Transforming Business with the Digital Boardroom Solution, stood out among over 170 submissions, representing 24 countries and 25 industries.

Winners are being honored at the annual SAPPHIRE NOW 2018 conference, the world’s premier business technology event and largest SAP customer-run conference, offering attendees the opportunity to learn and network with customers, SAP executives, partners and experts across the entire SAP ecosystem on June 5 –7 in Orlando, Florida.

To learn more about L3’s SAP capabilities, visit www.sap.com/bin/sapdxc/inm/attachment.19514/pitch-deck.pdf.

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.

Contacts

L3 Technologies
Corporate Communications
212-697-1111

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