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L3 Awarded Patent for Innovative Hybrid Quadrotor Technology

–Technology Improves and Enhances Vertical Control of Unmanned Aircraft–

Plano, Texas, January 8, 2019 – L3 Technologies has been issued a patent that covers key functionality of the Hybrid Quadrotor (HQ) vertical take-off and landing (VTOL) aircraft concept. The patent includes a combined pitch and forward thrust control for unmanned aircraft systems, which allows for vertical take-off and landing with traditional fixed-wing platforms. The technology was developed by L3 Latitude.

“L3 Latitude was the first to bring the HQ concept to market by flying an unmanned aircraft that can lift vertically in confined areas using multirotor propulsion,” said Dave Duggan, President, Precision Engagement Systems sector at L3 Technologies. “While our prior patent protected the basic electromechanical design of HQ technology, this most recent patent extends to the software. This protects the critical control algorithms required to safely transition from vertical to forward flight and back again. It also allows for easy flight transition when winds are high.”

The patent for invention number 10,162,367 was issued by the U.S. Patent Office in December 2018 and covers core technology featured in L3’s Hybrid Quadrotor UAS family of systems, including HQ-10, HQ-20, HQ-40, HQ-55 and FVR-90. One of a number of current and pending L3 patents, this particular patent documents L3’s HQ technology’s ability to operate in high winds during take-off and landing. L3 Latitude is one of several competitors in the Future Tactical Unmanned Aircraft System competition for the U.S. Army.

All HQ-capable aircraft in that competition are equipped with either UAS control or software that utilizes L3’s HQ technology.

L3 Technologies has manufactured and delivered more than 600 unmanned aircraft systems for U.S. Government and commercial applications over the last 10 years and is now entering production of its latest generation Fixed Wing VTOL Rotator (FVR-90) platform. There are numerous potential commercial applications for HQ technology, including flying taxis and home delivery services.

L3 Technologies acquired Latitude Engineering in June 2018. The acquisition brings to L3 vertical take-off and landing technology solutions for advanced unmanned air vehicle applications. Based in Tucson, Arizona, L3 Latitude is part of L3’s Precision Engagement Systems sector, which is a recognized market leader in the engineering, design and manufacture of weapons and radar systems, unmanned aircraft systems, GPS solutions and ground vehicle engines and transmissions.

L3 Technologies is an agile innovator and leading provider of global ISR, communications and networked systems, and electronic systems for military, homeland security and commercial aviation customers. With headquarters in New York City and approximately 31,000 employees worldwide, L3 develops advanced defense technologies and commercial solutions in pilot training, aviation security, night vision and EO/IR, weapons, maritime systems and space. The company reported 2017 sales of $9.6 billion. To learn more about L3, please visit the company’s website at www.L3T.com.

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.