EX-12 12 file009.htm RATIO OF EARNINGS TO FIXED CHARGES

Exhibit 12

L-3 Communications Holdings, Inc.
and L-3 Communications Corporation
Ratio of Earnings to Fixed Charges


  Year Ended December 31,
  2005 2004 2003 2002 2001
Earnings: (in millions, except ratio of earnings to fixed charges)
Income before income taxes and cumulative effect of a change in accounting principle $ 788.3   $ 596.7   $ 433.8   $ 314.0   $ 186.2  
Add:                              
Interest expense   199.0     138.1     124.7     115.1     80.0  
Amortization of debt expense   5.2     7.2     8.0     7.4     6.4  
Interest component of rent expense   40.4     26.8     24.4     22.4     14.3  
Earnings   1,032.9     768.8   $ 590.9   $ 458.9   $ 286.9  
Fixed charges:                              
Interest expense   199.0     138.1     124.7     115.1     80.0  
Amortization of debt expense   5.2     7.2     8.0     7.4     6.4  
Interest component of rent expense   40.4     26.8     24.4     22.4     14.3  
Fixed charges $ 244.6   $ 172.1   $ 157.1   $ 144.9   $ 100.7  
Ratio of earnings to fixed charges   4.2   4.5   3.8   3.2   2.8