"We are very excited about this new joint venture, which melds
together an already proven team and a proven platform that we believe
best meets the needs of the market, " said Frank C. We feel that this partnership uniquely positions us to
capitalize on opportunities in the defense sector worldwide and we are
enthusiastic about commencing operations.L-3Com.

Sites about alleged unethical or illegal conduct by aircraft manufacturer Boeing.

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Army and the warfighter . "This furthers our strategy of
working through industrial alliances with exceptional U. Lockheed Martin is both a
critical supplier and an advocate of the suitability of this highly
capable aircraft for many missions and customers within the United
States. Its customers include the
Department of Defense, Department of Homeland Security, selected U.C. 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.

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S. Army and National Guard requirements for cargo transport,
troop transport, material and paratroop air drop, tactical operations
and medical evacuation.S. Army and a relationship with Alenia which dates back to 1989 when
both parties teamed to produce the C-27A for the U. "We look forward to this opportunity
to work with a leading international aerospace company with an
excellent reputation and to combine our capabilities once again to
offer a superior solution to the Army that meets the needs of our
troops .
The C-17 turnkey repair program is Whittaker's first "engineering
services" type government contract award.

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Aerospace Writers/Business Editors

NEW YORK----

Global Military Aircraft Systems Joint Venture to Produce Industry's
Leading Future Cargo Aircraft

L-3 Communications (NYSE: LLL) and Alenia Aeronautica (a
Finmeccanica company), the Italian industrial leader in aeronautical
productions, announced today a joint venture for production and
support of the C-27J military transport aircraft.S.
L-3 IS is recognized internationally as a systems integration
organization specializing in the modernization and maintenance of
aircraft of all sizes, and the study, design , development, and
integration of special mission systems for military and commercial
applications .

proclaimed shortcomings

"
"This agreement is a significant step in our overall strategy in
broadening the reach of Finmeccanica and its subsidiaries in the
international markets," said Pierfrancesco Guarguaglini, Chairman and
Chief Executive Officer of Finmeccanica. Headquartered in Greenville, TX, L-3
IS operates from multiple sites in Texas, Mississippi, Kentucky,
Oklahoma, Virginia, Maryland, Alabama and Australia .2 billion Euros and a total work force of more 8,600 employees.S.
Whittaker will provide technical recommendations, technical
manuals, assembly and test tooling and fixtures, parts kits to support
valve overhaul, and program management services. Recognized for its specialized engineering skills , Meggitt is a
world leader in the aerospace, defense and electronics industries.

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S. The forward-looking statements speak only as of the date
made, and the company undertakes no obligation to update these
forward-looking statements.S.

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The C-27J is a true military aircraft and the only one that fulfills
all U. "It creates a partnership
with L-3 Communications, a leading U. Lockheed Martin and Alenia share a broad range of business
activities around the world.

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S. Lanza, chairman and
chief executive officer of L-3 Communications. Air Force," said
Bob Drewes, president of L-3 IS . The
aircraft is also competing in Canada, Portugal, and Bulgaria.com

Alenia Aeronautica, headquartered in Rome, Italy is a company of
the Finmeccanica Group.

Whittaker Controls Wins Government Contract to Provide Engineering Services for U.S. Air Force C-17 Globemaster

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Under the agreement , L-3 Integrated Systems and Alenia North
America will jointly manage the venture."
"This partnership offers the best product from the most capable
and proven team to address the requirements of the U.S. companies
to bring the best possible products and services to the North American
market.

Government intelligence agencies and aerospace prime contractors.

Alenia North America Inc . is headquartered in Washington, D.

airbus boeing

Army as they seek to modernize their aviation program. and
also has offices in Seattle, Long Beach, Fort Worth and Ottawa,
Canada. Alenia North America has more than 300 employees in the
United States and has been entrusted by its parent company to
consolidate and further expand the industrial and commercial presence
of the Alenia Group in North America.

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The C-27J, designed
from the outset as a true rugged military airlifter, is highly
interoperable with heavier airlifters such as the C-130s and it
incorporates state-of-the-art technologies found on the C-130J
(propulsion system, avionic system, cockpit layout and data
presentation).

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S. L-3 IS is a leader in
aircraft modernization, systems integration, contractor logistics
support, training , and simulation. The company has modified more than 15,000 different
aircraft of more than 125 types . companies. government to provide a variety
of engineering services for the U.

draffan airlifters

The FCA program is part of the U. Alenia North America is a wholly owned subsidiary of Alenia
Aeronautica.

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L-3 Communications and Alenia Aeronautica Announce Joint Venture for C-27J Aircraft

GMAS represents
the best team with key combined capabilities required for the U. "Alenia is a top-notch
aerospace firm and this venture is an excellent opportunity for L-3
Communications to work together and focus our collective energies to
help the U.S.
Lockheed Martin, as the co-developer with Alenia of the C-27J
Spartan , is firmly engaged as the major systems supplier of the
aircraft's propulsion and avionics systems . Its
main activities comprise design and production of commercial and
military aircraft, design and production of aerostructures for
military and civil aircraft and through Aeronavali, a wholly owned
subsidiary, the overall maintenance and modification of military and
civil aircraft.
In August 2002, the U. By year-end 2004, 128
C-17s had been delivered to the U.

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Army's Future Cargo Aircraft (FCA) program. aerospace systems company.

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Army."
"L-3 Integrated Systems has a reputation for performance with the
U. Army without
compromise," said Giuseppe Giordo, President and Chief Executive
Officer of Alenia North America.S.

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Army's Aviation Modernization
program designated to restructure and revitalize its aviation assets. It is the company utilized for
major aeronautical programs and collaborative Joint Ventures with
major U. Air Force's C-17 repair facility
at the Oklahoma City Air Logistics Center.

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shortcomings flawed

"
The C-27J aircraft is based on the proven and reliable C-27A
airframe sold also to the USAF as the Spartan.

Headquartered in New York City, L-3 Communications is a leading
provider of Intelligence, Surveillance and Reconnaissance (ISR)
systems, secure communications systems, aircraft modernization,
training and government services and is a merchant supplier of a broad
array of high technology products.

Business Editors

NORTH HOLLYWOOD, Calif. Boeing will design,
build and deliver C-17s through at least 2008.

boeing uncovering

S.----Whittaker
Controls, a unit of Meggitt Aerospace Equipment Group, announced today
that it has been selected by the U.

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Under the terms of
the venture, named Global Military Aircraft Systems (GMAS), L-3
Communications' Integrated Systems subsidiary (L-3 IS) and Alenia
North America Inc.S.
The C-17 Globemaster is capable of rapid strategic delivery of
troops and all types of cargo to main operating bases or directly to
forward bases in the deployment area.

revolving proclaimed

Currently, the FCA program calls for the procurement of a new fleet of
Cargo Fixed Wing aircraft and related logistical support.S.
To learn more about L-3 Communications, please visit the company's
web site at www. Alenia Aeronautica has revenues in excess of
1.

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, a subsidiary of Alenia Aeronautica, will pursue
the U. Alenia is a leader in the design
and manufacturing of commercial and military aircraft. The C-27J is currently under production for the Italian
Air Force (12 units) and the Hellenic Air Force (12 units). Air Force. Headquartered in the United Kingdom, Meggitt
PLC is the parent company for an international group of companies
operating in North America, the United Kingdom, Continental Europe and
Asia.

businessweek proclaimed

S. The
main objective is to work with an exceptional partner to provide the
best possible solution for the upcoming requirements for the U.

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.

Editors' Notes:

Whittaker Controls, based in North Hollywood , for more than 60
years has been a market leader in the design, development and
manufacture of a broad range of fluid control devices and systems for
military and commercial aircraft, as well as industrial applications.

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Alenia Aeronautica is a partner of and cooperates with
the major global aerospace groups, including Boeing, Lockheed Martin,
Airbus, EADS, Dassault, BAE Systems and Vought . The government's objective
is to develop organic depot repair capability for Whittaker's C-17
isolation and jettison valve at the Oklahoma City site. Air Force extended its total C-17 order
to 180 by committing to an additional 60 C-17s. Four additional planes
are on lease to the United Kingdom Royal Air Force .
Meggitt Aerospace Equipment Group is a strategic business unit of
Meggitt PLC (LSE:MGGT).