EX-99.2 4 file003.txt PRESS RELEASE Exhibit 99.2 [GRAPHIC OMITTED] L-3 COMMUNICATIONS ----------------------------- L-3 COMMUNICATIONS CORPORATION 600 Third Avenue New York, NY 10016 212-697-1111 Fax: 212-682-9553 NEWS Contact: Cynthia Swain Vice President, Corporate Communications L-3 Communications 212-697-1111 For Immediate Release Contact: Morgen-Walke Associates --------------------- Investors: Eric Boyriven Media: Evan Goetz, Emily Brunner 212-850-5600 L-3 COMMUNICATIONS ANNOUNCES PUBLIC OFFERING OF COMMON STOCK NEW YORK, NY, June 6, 2002 - L-3 Communications (NYSE:LLL) announced today that it intends to offer publicly a total of 14.0 million shares of its Common Stock, subject to market and other conditions. In addition, L-3 Communications expects the underwriter will be granted options to purchase up to an additional 2.1 million shares of Common Stock to cover over-allotments, if any, of which up to 1.0 million shares may be sold by selling shareholders, with the remaining shares sold by L-3 Communications. L-3 Communications stated that it intends to use the net proceeds of the offering to repay existing indebtedness and for general corporate purposes, including potential acquisitions. Lehman Brothers is the sole book-running manager and the sole lead manager for this offering. When available, copies of the preliminary prospectus relating to the offering may be obtained by contacting: Lehman Brothers Inc. c/o ADP Financial Services Inc. Prospectus Fulfillment 1155 Long Island Avenue Edgewood, NY 11717 Phone: 631/254-7106 A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold, nor offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under securities laws of any state. -more- L-3 ANNOUNCES PUBLIC OFFERING OF COMMON STOCK PAGE 2 Headquartered in New York City, L-3 Communications is a leading merchant supplier of Intelligence, Surveillance and Reconnaissance (ISR) products, secure communications systems and products, avionics and ocean products, training products, microwave components and telemetry, instrumentation, space and wireless products. Its customers include the Department of Defense, selected US government intelligence agencies, aerospace prime contractors and commercial telecommunications and wireless customers. 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. # # #