Market Overview

L3 Appoints James P. Blair Jr. as Treasurer

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L3 Technologies (NYSE:LLL) announced today that James P. Blair Jr. has
been promoted to Vice President and Treasurer, effective immediately.
Mr. Blair succeeds Stephen Souza, who retired after 16 years of
distinguished service.

Mr. Blair, who previously served as Vice President of Financial
Operations, will continue to report to Ralph G. D'Ambrosio, Senior Vice
President and Chief Financial Officer. In this role, Mr. Blair will
oversee L3's global treasury operations, including foreign exchange and
capital markets, cash planning, rating agency relations, risk management
and worldwide banking activities.

"Jim has been a valuable member of the finance team for 13 years," said
Mr. D'Ambrosio. "He has an extensive background in finance and business
operations, as well as a strong understanding of L3 and its culture. I
look forward to continuing to work with him as we manage L3's capital
structure and liquidity, and support L3's growth."

In his most recent position as L3's Vice President of Financial
Operations, Mr. Blair was responsible for oversight of the company's
cash planning, working capital and capital expenditures management, and
was involved in various other financial management matters. Mr. Blair
also previously served as the Chief Financial Officer of L3's former
National Security Solutions business, which was divested in February
2016. Prior to joining L3 in 2005, he served in a variety of senior
financial leadership roles, including positions at Titan Corporation,
before it was acquired by L3, and several other diversified companies in
various industries.

Mr. Blair holds a Bachelor of Science degree from the Wharton School of
the University of Pennsylvania and a Master of Business Administration
degree from Drexel University.

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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