David M. Van Buren Joins L-3
L-3 Communications (NYSE: LLL) announced today that it has named David M. Van Buren senior vice president of business strategy. In this newly created position, Mr. Van Buren will focus on the strategic execution of L-3’s operating objectives, including technical initiatives and strengthening the company’s position in an era of shifting defense and national security priorities. Mr. Van Buren reports to Curtis Brunson, L-3’s executive vice president of corporate strategy and development.
“I am very pleased to welcome David to L-3 as a member of our senior leadership team,” said Michael T. Strianese, L-3’s chairman, president and chief executive officer. “We are confident that his diverse experience in the defense industry and broad knowledge of technology development and industry objectives will make him an asset to our business.”
Mr. Brunson added, “David will work with our Groups to further collaborative efforts and strengthen our business in this challenging environment. We look forward to his contributions as we continue to focus on outstanding program performance, technical innovation and unwavering commitment to our customers.”
Mr. Van Buren has more than 30 years of leadership and management experience in government, large defense corporations, and small and medium aerospace and commercial high-technology firms. Most recently, he served as the Air Force Service Acquisition Executive. Prior to his work with the Air Force, Mr. Van Buren primarily served as an executive for numerous private equity-owned high-technology firms. He has also held leadership and program management positions at Raytheon, as well as the heritage companies of Northrop Grumman and Lockheed Martin.
A graduate of the University of Illinois with a bachelor's degree in physical science, Mr. Van Buren also received a master's degree in industrial management from Central Michigan University. He served on active duty in the Air Force for nine years, finishing his career as a captain.
Headquartered in New York City, L-3 employs approximately 61,000 people worldwide and is a prime contractor in C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems, aircraft modernization and maintenance, and government services. L-3 is also a leading provider of a broad range of electronic systems used on military and commercial platforms. The company reported 2011 sales of $15.2 billion.
To learn more about L-3, please visit the company’s website at www.L-3com.com. L-3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L-3 is routinely posted on the company’s website and is readily accessible.
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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