L-3 Receives Four Cogswell Awards for Outstanding Industrial Security Practices
June 14 2016 - 5:19PM
Business Wire
L-3 Communications (NYSE:LLL) announced today that four of its
locations, representing all three of its business segments, have
won James S. Cogswell Outstanding Industrial Security Achievement
Awards from the U.S. Department of Defense, Defense Security
Service (DSS). The winners were selected as four of 42 recipients
of this year’s award from a field of 13,000 cleared defense
contractors.
This is the first time that four L-3 business locations have
been recognized with Cogswell Awards in the same year, bringing the
company’s total to 24 since 2005. The Cogswell Award is the highest
honor a company can receive for the handling of classified
information, and 2016 marks the 12th consecutive year that L-3 has
received one or more Cogswell Awards for its industry-leading
security practices.
“This is truly an outstanding achievement for L-3 and our
security professionals, not only in the context of national
security, but also as an important business discriminator in our
industry,” said Michael T. Strianese, L-3’s chairman and chief
executive officer. “We strive for excellence and consistency in
executing our company-wide security strategies and are pleased that
our efforts once again measure up to the high standards of the
DSS.”
“We are very proud of the contribution our men and women make in
safeguarding an expanding range of sensitive information,” added
Vincent L. Jarvie, L-3’s vice president of corporate security.
“While each of our locations has unique requirements, the
cross-segment recognition we have received from the DSS validates
our overall approach. We are deeply honored and grateful that what
we do every day has a positive impact on our company, as well as
our customers and those serving in uniform across the globe.”
In selecting Cogswell Award candidates, a national review team
competitively ranks the closely vetted nominees, with DSS making
the final award selections.
Winners from L-3’s Electronic Systems segment include Coleman
Aerospace in Orlando, Florida, and SPD Electrical Systems in
Philadelphia, Pennsylvania. They are joined by Aerospace Systems’
Crestview Aerospace facility in Crestview, Florida, and
Communication Systems’ Electron Devices location in San Carlos,
California.
Headquartered in New York City, L-3 employs approximately 38,000
people worldwide and is a leading provider of a broad range of
communication and electronic systems and products used on military
and commercial platforms. L-3 is also a prime contractor in
aerospace systems. The company reported 2015 sales of $10.5
billion.
To learn more about L-3, please visit the company’s website at
www.L-3com.com. L-3 uses its website as a channel of distribution
of material company information. Financial and other material
information regarding L-3 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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