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ACSS and BendixKing by Honeywell Enter Into Exclusive Sales Agreement on NXT-700™ Mode S Transponder

PHOENIX, November 13, 2017 – ACSS, an L3 and Thales company, announced today a sales agreement with BendixKing by Honeywell to be the exclusive distributor of the NXT-700™ Mode S Transponder for business jets and military aircraft. The agreement offers aircraft operators a sales channel for purchasing and installing the Automatic Dependent Surveillance-Broadcast (ADS-B) compliant transponder effective immediately.

“This collaboration plays to the strengths of both ACSS and BendixKing,” said Terry Flaishans, President of ACSS. “As a leader in ADS-B research and development, ACSS has been first to market with the NXT ADS-B transponder family. BendixKing is positioned to reach aircraft operators and help them equip their aircraft and meet the ADS-B compliance mandate set forth by the Federal Aviation Administration (FAA) and European Aviation Safety Agency (EASA).”

The NXT-700, a replacement for BendixKing’s legacy MST-67A Mode S Transponder, is a form-fit plug-and-play solution that provides operators with all the capabilities they need to operate safely and efficiently in the NextGen ADS-B airspace. The NXT-700 Mode S Transponder is labeled and sold under the BendixKing by Honeywell model number MST-70B.

About ACSS
Aviation Communication & Surveillance Systems (ACSS), 70 percent owned by L3 and 30 percent owned by Thales, is a joint venture managed by L3’s Aviation Products sector. ACSS designs and manufactures products for all aircraft and helicopter segments, and supports products for air transport and regional airlines, business aviation, and helicopter, General Aviation (GA) and military aircraft operators. ACSS produces avionics systems that increase safety, situational awareness and efficiency for commercial and military flight operators. More than 75,000 ACSS products are operating in commercial, corporate and military aircraft. Thales Avionics is the exclusive air transport sales and support agent of ACSS products. For information about ACSS, visit www.acss.com. For information about Thales Avionics, visit www.thalesgroup.com.

About Thales
Thales is a global technology leader for the Aerospace, Transport, Defence and Security markets. With 64,000 employees in 56 countries, Thales reported sales of €14.9 billion in 2016. With over 22,000 engineers and researchers, Thales has a unique capability to design and deploy equipment, systems and services to meet the most complex security requirements. Its exceptional international footprint allows it to work closely with its customers all over the world.

About L3 Technologies
Headquartered in New York City, L3 Technologies employs approximately 38,000 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 2016 sales of $10.5 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.

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