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) March 18, 1998
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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
On March 4, 1998, L-3 Communications Corporation (the "Company") purchased
the assets of ILEX Systems ("ILEX") for $51.9 million in cash, subject to
adjustment based on closing net assets, plus additional consideration based on
post-closing performance of ILEX. The Company used cash on hand to fund the
purchase price. For the year ended December 31, 1997, ILEX had sales of $63.5
million. ILEX is a leading supplier of communication software support services
to military and related government intelligence markets. ILEX also provides
environmental consulting, software and systems engineering services and
complementary products to several commercial markets.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
a. The Registrant will file the audited financial statements of ILEX
under cover of Form 8-K/A not later than 60 days after this Report
on Form 8-K is required to be filed.
b. The Registrant will file the required pro forma financial
information of ILEX under cover of Form 8-K/A not later than 60
days after this Report on Form 8-K is required to be filed.
c. Exhibits
Asset Purchase Agreement between FAP Trust and L-3
Communications Corporation dated as of February 10, 1998.
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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 CORPORATION
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Registrant
Date March 18, 1998 By: /s/ Robert LaPenta
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