SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) February 24, 2000
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L-3 Communications Holdings, Inc.
L-3 Communications Corporation
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(Exact Name of Registrant as Specified in Its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
13-3937436
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(Commission File Number) (IRS Employer Identification No.)
600 Third Avenue, New York, New York 10016
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(Address of Principal Executive Offices) (Zip Code)
(212) 697-1111
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(Registrant's Telephone Number, Including Area Code)
Item 2 Acquisition of Assets
L-3 Communications Corporation acquired the assets of the Training Devices
and Training Services business of Raytheon Company (the "Business") on February
10, 2000 for $160 million subject to adjustment based on closing date net
working capital, as defined. The acquisition was financed with borrowings under
the Company's senior credit facilities. L-3 will change the name of the Business
to L-3 Communications Link Simulation and Training. Link Simulation and Training
is a leader in high fidelity, fully integrated simulator training products,
including flight simulators, pilot training systems, combat vehicle trainers,
and training support services. Its products and services are used by U.S. and
foreign military services and prime contractors.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
a. and b. The Registrant is currently having an audit performed of the
financial statements of the Business as of and for the year ended
December 31, 1999. Upon the completion of such audit, the
Registrant will determine whether financial statements and pro
forma financial information are required for the Business, and
if required the Registrant will file the required audited
financial statements and unaudited pro forma financial
information under cover of Form 8-K/A.
c. Exhibits
The Registrant will file the Asset Purchase and Sale Agreement
dated as of January 7, 2000 by and between L-3 Communications
Corporation and Raytheon Company, under cover of Form 8-K/A not
later than 60 days after this Report on Form 8-k is required to
be filed.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
L-3 COMMUNICATIONS HOLDINGS, INC.
L-3 COMMUNICATIONS CORPORATION
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Registrant
Date February 24, 2000 By: /s/ Robert V. LaPenta
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President and Chief Financial Officer
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