Summary of L 3 COMMUNICATIONS HOLDINGS INC

ITEM 5.02. - Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On February 19, 2009, the Compensation Committee (the "Compensation Committee") of the Board of Directors of L-3 Communications Holdings, Inc. (the "Company") approved discretionary bonuses for the fiscal year ended December 31, 2008 under the Company's annual incentive program for senior executives for the following named executive officers:

             Name and Position1               2008 Cash Bonus Award
             Michael T. Strianese
             Chairman, President and Chief
             Executive Officer               $             2,750,000

             Ralph G. D'Ambrosio
             Vice President and
             Chief Financial Officer         $               650,000

             Carl E. Vuono
             Senior Vice President
             and President of the
             L-3 Services Group              $             1,000,000

1 As disclosed in the Company's Form 8-K filed on April 25, 2008, Robert W. Drewes (the Company's former Senior Vice President and President of the Integrated Systems Group) retired effective August 4, 2008. As disclosed in the Company's Form 8-K filed on May 29, 2008, Kathleen E. Karelis (the
Company's
former
Senior Vice
President,
General
Counsel and
Corporate
Secretary)
assumed a
new position
with the
Company and
effective as
of that date
was no
longer
considered
an executive
officer of
the Company.
Accordingly,
Mr. Drewes
and
Ms. Karelis
no longer
participate
in, and the
Compensation
Committee
did not
approve, any
bonus award
for these
individuals
under the
annual
incentive
program for
senior
executives
administered
by the
Committee.