`Exhibit 10.50


                         L-3 COMMUNICATIONS CORPORATION


              CONSENT, WAIVER AND THIRD OMNIBUS AMENDMENT REGARDING
              SECOND AMENDED AND RESTATED 364 DAY CREDIT AGREEMENT


         This CONSENT, WAIVER AND THIRD OMNIBUS AMENDMENT REGARDING THE SECOND
AMENDED AND RESTATED 364 DAY CREDIT AGREEMENT (this "AMENDMENT") is dated as of
February 24, 2004 and entered into by and among L-3 COMMUNICATIONS CORPORATION,
a Delaware corporation (the "BORROWER") which is wholly owned by L-3
COMMUNICATIONS HOLDINGS, INC., a Delaware corporation ("HOLDINGS"), the Lenders
party to the Credit Agreement referred to below on the date hereof (the
"LENDERS"), BANK OF AMERICA, N.A. ("BOA"), as administrative agent for the
Agents (as defined below) and the Lenders (in such capacity, the "ADMINISTRATIVE
AGENT"), LEHMAN COMMERCIAL PAPER, INC. ("LCPI") as syndication agent and
documentation agent (in such capacity, the "SYNDICATION AGENT" and the
"DOCUMENTATION AGENT") and certain financial institutions named as co-agents.
All capitalized terms used herein without definition shall have the same
meanings herein as set forth in the Credit Agreement (as defined below).


                              W I T N E S S E T H:
                              - - - - - - - - - -

         WHEREAS, the Borrower, the Lenders, the Syndication Agent, the
Documentation Agent, the Administrative Agent and certain other parties have
entered into the Second Amended and Restated 364 Day Credit Agreement dated as
of May 16, 2001 (as amended, supplemented, restated or otherwise modified from
time to time, the "CREDIT AGREEMENT");

         WHEREAS, the Borrower desires that the Lenders consent to an extension
of the Revolving 364 Day Termination Date and provide a limited waiver of
compliance with certain provisions in Subsection 2.5(a) of the Credit Agreement;
and

         WHEREAS, the Borrower has requested that certain amendments be made
with respect to the Credit Agreement and certain of the other Credit Documents.

         NOW, THEREFORE, in consideration of the premises and the agreements,
provisions and covenants herein contained, the parties hereto agree as follows:

         SECTION 1. CONSENTS AND WAIVERS.

     1.1 Extension of Revolving 364 Day Termination Date. The Borrower has
requested that each Lender consent to the extension of the Revolving 364 Day
Termination Date for an additional 364 day period commencing on the "Extension
Effective Date" (as defined below) (the "REQUESTED EXTENSION"). The Borrower has
also requested that each Lender waive the requirements in subsection 2.5(a) of
the Credit Agreement that (i) the Borrower's request for the



proposed Requested Extension be made no earlier than 60 days and no later than
55 days prior to the scheduled Revolving 364 Day Termination Date (the "NOTICE
LIMITATION"), (ii) each Lender shall advise the Administrative Agent and the
Borrower whether such Lender consents to the Requested Extension not later than
30 days after receipt of notice of the proposed Requested Extension (the
"RESPONSE PERIOD") and (iii) the Borrower provide the Administrative Agent with
no less than 5 days' prior written notice (the "FIVE DAY PERIOD") of the
Borrower's election to exercise the Extension Option with only those Lenders
constituting Extending Lenders in accordance with subsection 2.5(a) of the
Credit Agreement (the "EXERCISE NOTICE"). Subject to the satisfaction of the
conditions precedent to this Amendment set forth in Section 4 hereof, each
Lender executing this Amendment hereby (i) consents to the Requested Extension
and agrees to waive the Notice Limitation and the Response Period and (ii)
waives the delivery of the Exercise Notice in the Five Day Period, provided that
such Exercise Notice shall be delivered to the Administrative Agent on or prior
to the Extension Effective Date.

          SECTION 2. EXTENSION EFFECTIVE DATE ASSIGNMENTS.

     2.1 On and as of the Extension Effective Date, each Lender selling
interests of any type under this Section and each of the parties named on the
signature pages hereto as a "Purchasing Lender" which, prior to the Extension
Effective Date was not a Lender under the Credit Agreement (each such new
Lender, a "PURCHASING LENDER") shall sell, assign and transfer, or purchase and
assume, as the case may be, such interests in the Commitments and the Loan
Exposure of the applicable Lenders immediately prior to the Extension Effective
Date, as shall be necessary in order that, after giving effect to all such
assignments and purchases, the Commitments and the Loan Exposure will be held by
the Lenders and the Purchasing Lenders as set forth in Schedule I to this
Amendment.

         Each Purchasing Lender purchasing interests of any type under this
Section shall be deemed to have purchased such interests from each Lender
selling interests of such type ratably in accordance with the amounts of such
interests sold by such Lenders as reflected by Schedule I to this Amendment. The
assignments and purchases provided for in this Section shall be without
recourse, warranty or representation, except that each Lender assigning any
interests shall be deemed to have represented that it is the legal and
beneficial owner of the interests assigned by it and that such interests are
free and clear of any adverse claim, and the purchase price for each such
assignment and purchase shall equal the principal amount of the Loans purchased.
All accrued but unpaid interest and fees due and owing thereon through but not
including the Extension Effective Date shall be paid to such Lender by Borrower
on or as of the Extension Effective Date.

     2.2 On the Extension Effective Date, each Purchasing Lender that is
purchasing interests in the Loan Exposure and Commitments pursuant to subsection
2.1 above shall pay the purchase price for the interests purchased by it
pursuant to such subsection 2.1 by wire transfer of immediately available funds
to the Administrative Agent not later than 1:00 p.m. (New York time), and (ii)
the Administrative Agent shall pay to each Lender that is assigning interests in
Loan Exposure and Commitments pursuant to subsection 2.1 above, out of the
amounts received by the Administrative Agent from each Purchasing Lender
pursuant to clause (i) of this subsection 2.2, the purchase price for the
interests assigned by it pursuant to such subsection 2.1 by wire transfer of
immediately available funds not later than 3:00 p.m. (New York time).


                                       2


     2.3 Each of the parties hereto hereby consents to the assignments and
purchases provided for in subsections 2.1 and 2.2 above and effective upon the
Extension Effective Date agrees that (i) each Purchasing Lender that is
purchasing or accepting interests in the Commitments and the Loan Exposure
pursuant to subsection 2.1 above are assignees of certain Lenders permitted
under Section 10.6 of the Credit Agreement, (ii) each Purchasing Lender shall be
a party to the Credit Agreement, (iii) each Purchasing Lender shall have all the
rights and obligations of a Lender under the Credit Agreement and the other
Credit Documents with respect to the interests purchased by it pursuant to such
subsections. If requested by any Purchasing Lender, the Borrower shall execute
and deliver to such Lender (and deliver a copy thereof to the Administrative
Agent) one or more promissory notes evidencing the Loans and Commitments of such
Lender in accordance with subsection 2.5(i) of the Credit Agreement.

     2.4 Each Purchasing Lender (i) represents and warrants that it is legally
authorized to enter into this Amendment; (ii) confirms that it has received a
copy of the Credit Agreement together with copies of the financial statements
delivered pursuant to Section 4.1 of the Credit Agreement and such other
documents and information as it has deemed appropriate to make its own credit
analysis and decision to enter into this Amendment; (iii) agrees that it will,
independently and without reliance upon any Agent or any other Lender, and based
on such documents and information as it shall deem appropriate at the time,
continue to make its own credit decisions in taking or not taking action under
the Credit Agreement, the other Credit Documents or any other instrument or
document furnished pursuant hereto or thereto; (iv) appoints and authorizes the
Administrative Agent to take such action as agent on its behalf and to exercise
such powers and discretion under the Credit Agreement, the other Credit
Documents or any other instrument or document furnished pursuant hereto or
thereto as are delegated to the Administrative Agent by the terms thereof,
together with such powers as are incidental thereto; and (v) agrees that it will
be bound by the provisions of the Credit Agreement and will perform in
accordance with its terms all the obligations which by the terms of the Credit
Agreement are required to be performed by it as a Lender including, if it is
organized under the laws of a jurisdiction outside the United States, its
obligation pursuant to clause (b) of subsection 2.15 of the Credit Agreement.


         SECTION 3. AMENDMENTS TO CREDIT AGREEMENT. Subject to the satisfaction
of each of the conditions to effectiveness set forth in Section 6 of this
Amendment, the Borrower and the Requisite Class Lenders party to the Credit
Agreement hereby agree to amend the Credit Agreement as follows:

     3.1 Subsection 1.1 of the Credit Agreement is hereby amended by inserting
the following defined terms in the proper alphabetical order:

         ""Consolidated Senior Debt": all Consolidated Total Debt other than
     Subordinated Debt.

         "Consolidated Senior Debt Ratio": as of the last day of any period of
     four consecutive fiscal quarters, the ratio of (a) Consolidated Senior Debt
     on such day to (b) Consolidated EBITDA for such period.

                                       3


         "Designated Parent Repurchases": shall mean the sum of the Net Proceeds
     of the issuance of Permitted Convertible Securities and/or Capital Stock of
     Holdings from and after January 1, 2004 which are utilized to repurchase
     common stock of Holdings.

         "Investments": as defined in subsection 7.9.

         "Non-Wholly Owned Subsidiary": any Subsidiary of the Borrower that is
     not a Wholly Owned Subsidiary.

         "Third Omnibus Amendment Fee Letter": shall mean that certain Third
     Omnibus Amendment Fee Letter between the Administrative Agent and the
     Borrower dated on or about January 30, 2004."

         3.2 The following defined terms in subsection 1.1 of the Credit
Agreement are hereby amended and restated as follows:

         ""Consolidated EBITDA": as of the last day of any fiscal quarter,
     Consolidated Net Income of the Borrower, its Subsidiaries and, without
     duplication, the Acquired Businesses (excluding, without duplication, (v)
     impairment losses incurred on goodwill and other intangible assets or on
     debt or equity investments computed in accordance with Financial Accounting
     Standard No. 142 or other GAAP, (w) gains or losses incurred on the
     retirement of debt computed in accordance with Financial Accounting
     Standard No. 145, (x) extraordinary gains and losses in accordance with
     GAAP, (y) gains and losses in connection with asset dispositions whether or
     not constituting extraordinary gains and losses and (z) gains or losses on
     discontinued operations) for the four fiscal quarters ended on such date,
     plus (i) Consolidated Interest Expense of the Borrower and its Subsidiaries
     and all Consolidated Interest Expense of Holdings with respect to the
     Permitted Convertible Securities guaranteed by the Borrower or its
     Subsidiaries and, without duplication, the Acquired Businesses for such
     period, plus (ii) to the extent deducted in computing such Consolidated Net
     Income of the Borrower or its Subsidiaries and, without duplication, the
     Acquired Businesses, the sum of income taxes, depreciation and amortization
     for such period. For the purposes of calculating Consolidated EBITDA for
     any period of four consecutive fiscal quarters occurring after the AIS
     Acquisition (each, a "Reference Period") pursuant to any determination of
     the Debt Ratio, Consolidated EBITDA for such Reference Period shall be
     calculated after giving pro forma effect to (i) exclude from costs the
     positive difference, if any, between (A) the amount of annual corporate
     overhead costs attributed to the operations associated with the business
     comprising the AIS Acquisition by Raytheon Company prior to such
     acquisition by the Borrower and (B) the amount of annual corporate overhead
     costs that will be attributed by the Borrower to the operations associated
     with the business comprising the AIS Acquisition from and after such
     acquisition by the Borrower, (ii) exclude any losses or gains associated
     with any contract estimate at completion ("EAC"), unrecoverable inventories
     and uncollectable receivables adjustment included in the historical results
     of operations associated with the business comprising the AIS Acquisition
     within the 12 months prior to the effective date of the AIS Acquisition for
     accounting purposes, if such contract EAC, unrecoverable inventories or
     uncollectible receivable adjustments pertained to contracts or assets
     excluded from the business

                                       4


     comprising the AIS Acquisition, and (iii) exclude any losses or gains, up
     to a maximum amount of $16,000,000, associated with any contract EAC,
     unrecoverable inventories and uncollectable receivables adjustment included
     in the historical results of operations associated with the Sea Sentinel
     contract within the 12 months prior to the effective date of the AIS
     Acquisition for accounting purposes; provided, however, that such
     adjustments to Consolidated EBITDA are demonstrated by appropriate
     footnotes to the audited financial statements of the business comprising
     the AIS Acquisition or appropriate schedules and other materials prepared
     and certified by the Borrower and delivered to the Administrative Agent no
     more than 15 days after the completion of the audit of the financial
     statements of the business comprising the AIS Acquisition for the fiscal
     year ended prior to the consummation of AIS Acquisition.

         "Credit Documents": this Agreement, the Notes, the Applications, the
     Guarantees, the Fee Letter, the Lender Fee Letter, the Third Omnibus
     Amendment Fee Letter and the Pledge Agreements.

         "GAAP" means generally accepted accounting principles in the United
     States set forth in the opinions and pronouncements of the American
     Institute of Certified Public Accountants and statements and pronouncements
     of the Financial Accounting Standards Board or such other principles as may
     be approved by a significant segment of the accounting profession in the
     United States, that are applicable to the circumstances as of the date of
     determination.

         "Immaterial Subsidiary": any Subsidiary of the Borrower having assets
     not exceeding five percent (5%) of the Consolidated Total Assets; provided,
     however, that if any Subsidiary is a Non-Wholly Owned Subsidiary, the
     assets of such Subsidiary to be included in the above calculation shall be
     reduced by the minority interest for such Subsidiary as reported in the
     Borrower's consolidated balance sheet.

         "Net Proceeds": the aggregate cash proceeds (including Cash
     Equivalents) received by Holdings or any of its Subsidiaries in respect of:

                  (a) any issuance by Holdings or any of its Subsidiaries of
         Indebtedness after the Closing Date and any issuance by Holdings of any
         Capital Stock after the Closing Date;

                  (b) any Asset Sale or other transaction permitted by
         subsection 7.5(c); and

                  (c) any cash payments received in respect of promissory notes
         or other evidences of indebtedness delivered to Holdings or such
         Subsidiary in respect of an Asset Sale;

         in each case net of (without duplication) (i), (A) in the case of an
     Asset Sale or other transaction permitted by subsection 7.5(c), the amount
     required to repay any Indebtedness (other than the Loans) secured by a Lien
     on any assets of Holdings or a Subsidiary of Holdings that are sold or
     otherwise disposed of in connection with such Asset Sale or other
     transaction permitted by subsection 7.5(c) and (B) reasonable and

                                       5


     appropriate amounts established by Holdings or such Subsidiary, as the case
     may be, as a reserve against liabilities associated with such Asset Sale or
     other transaction permitted by subsection 7.5(c) and retained by Holdings
     or such Subsidiary, (ii) the reasonable expenses (including legal fees and
     brokers' and underwriters' commissions, lenders fees, credit enhancement
     fees, accountants' fees, investment banking fees, survey costs, title
     insurance premiums and other customary fees, in any case, paid to third
     parties or, to the extent permitted hereby, Affiliates) incurred in
     effecting such issuance, sale or transaction and (iii) any taxes reasonably
     attributable to such sale or transaction and reasonably estimated by
     Holdings or such Subsidiary to be actually payable.

         "Permitted Stock Payments": (A) dividends by the Borrower to Holdings
     in amounts equal to the amounts required for Holdings to (i) pay franchise
     taxes and other fees required to maintain its legal existence and (ii)
     provide for other operating costs of up to $1,000,000 per fiscal year, (B)
     dividends by the Borrower to Holdings in amounts equal to amounts required
     for Holdings to pay federal, state and local income taxes to the extent
     such income taxes are actually due and owing, provided that the aggregate
     amount paid under this clause (B) does not exceed the amount that the
     Borrower would be required to pay in respect of the income of the Borrower
     and its Subsidiaries if the Borrower were a stand alone entity that was not
     owned by Holdings, (C) from and after January 1, 2004, dividends by the
     Borrower to Holdings in an aggregate amount not to exceed $25,000,000 in
     any fiscal quarter of the Borrower so long as at the time of declaring and
     paying any such dividend no Default or Event of Default shall have occurred
     and be continuing, (D) dividends by the Borrower to Holdings to fund
     interest expense or dividends in respect of the Permitted Convertible
     Securities issued by Holdings, provided that such dividends under this
     clause (D) shall not, in any fiscal year, exceed an amount equal to the
     interest or dividends actually accruing on the outstanding principal amount
     of such Permitted Convertible Securities in such fiscal year less the sum
     of all intercompany advances funded pursuant to subsection 7.9(l) hereof by
     the Borrower to Holdings in respect of such Permitted Convertible
     Securities in such fiscal year, (E) from and after January 1, 2004,
     dividends by the Borrower to Holdings in an amount not to exceed
     $200,000,000 less the Designated Parent Repurchases to permit Holdings to
     repurchase common stock of Holdings, so long as such dividends are paid
     from the Net Proceeds of the issuance of Additional Subordinated
     Indebtedness issued after January 1, 2004 and (F) from and after January 1,
     2004, dividends by the Borrower to Holdings in an aggregate amount up to
     $10,000,000 in any fiscal year of the Borrower to fund cash payments to
     repurchase common stock of Holdings held by any employee, director,
     officer, consultant or agent (a "Benefit Plan Beneficiary") of the
     Borrower, Holdings or their Subsidiaries pursuant to any restricted stock
     plan or to which any such Benefit Plan Beneficiary has a right under any
     option plan of the Borrower or Holdings (or to repurchase other common
     stock of Holdings held by any such Benefit Plan Beneficiary having a value
     not exceeding the amount of the exercise price of an option being exercised
     by such Benefit Plan Beneficiary and the amount of the obligations of such
     Benefit Plan Beneficiary under the Code with respect to the common stock
     underlying such option) in order to enable (i) the Borrower, Holdings or
     such Benefit Plan Beneficiary to comply with obligations under the Code,
     (ii) the Borrower or Holdings to issue cash to such Benefit Plan
     Beneficiary in lieu of fractional shares of

                                       6


     common stock or (iii) the payment of the exercise price of an option held
     by such Benefit Plan Beneficiary."

     3.3 Section 1 of the Credit Agreement is hereby amended by (a) deleting the
text appearing in subsection 1.2(b) and inserting "[INTENTIONALLY OMITTED]" in
place thereof and (b) adding a new subsection 1.6 at the end thereof as follows:

         "1.6 Accounting Terms.

         (a) All accounting terms not specifically or completely defined herein
     shall be construed in conformity with, and all financial covenants,
     financial ratios and other financial calculations contained in this
     Agreement shall be prepared in conformity with GAAP as in effect from time
     to time, applied consistently throughout the periods reflected therein,
     except as otherwise specifically prescribed herein.

         (b) If at any time any change in GAAP after January 1, 2004 would
     affect the computation of any financial ratio or requirement set forth in
     any Credit Document, and either the Borrower or the Required Lenders shall
     so request, the Administrative Agent, the Lenders and the Borrower shall
     negotiate in good faith to amend such ratio or requirement to preserve the
     original intent thereof in light of such change in GAAP (subject to the
     approval of the Required Lenders); provided that, until so amended, (i)
     such ratio or requirement shall continue to be computed in accordance with
     GAAP prior to such change therein and (ii) if a request for such an
     amendment has been made, the Borrower shall provide to the Administrative
     Agent and the Lenders financial statements and other documents required
     under this Agreement or as reasonably requested hereunder setting forth a
     reconciliation between calculations of such ratio or requirement made
     before and after giving effect to such change in GAAP."

         3.4 Subsection 2.1(a)(i) of the Credit Agreement is hereby amended and
restated in its entirety to read as follows:

         (i) Revolving 364 Day Loans. Subject to the terms and conditions
     hereof, each Revolving 364 Day Lender severally agrees to make revolving
     credit loans to the Borrower, from time to time during the Revolving 364
     Day Commitment Period, in an aggregate principal amount at any one time
     outstanding which, when added to such Lender's Commitment Percentage with
     respect to Revolving 364 Day Loans of the then outstanding L/C Obligations,
     does not exceed the amount of such Lender's Revolving 364 Day Commitment.
     During the Revolving 364 Day Commitment Period, the Borrower may use the
     Revolving 364 Day Commitments by borrowing, prepaying the Revolving 364 Day
     Loans, in whole or in part, and reborrowing, all in accordance with the
     terms and conditions hereof. At any time not less than thirty (30) days
     prior to the "Termination Date" (as defined in the Facility A Credit
     Agreement), the Borrower may increase the aggregate Commitments by (I)
     entering into a binding written agreement, substantially in the form of
     Exhibit G hereto, with any Lender to increase the Commitment of such Lender
     (an "Increased Commitment Agreement") which Increased Commitment Agreement
     shall be presented to the Agents for acknowledgment and acceptance (which
     shall not be withheld unless the effect thereof would be to exceed the

                                       7


     maximum permitted amount herein for all Commitments, Facility A Commitments
     and Facility C Commitments (if Facility C exists) in the aggregate) and/or
     (II) subject to the First Offer Requirement (as defined below) enter into a
     binding written agreement substantially in the form of Exhibit H hereto (a
     "Lender Addition Agreement") with any bank, financial institution, or
     Investment Fund to become a Lender under this Agreement by making a
     Commitment and causing such Person to take all other actions required to
     become a new Lender hereunder (a "New Lender"); provided that the sum of
     (i) the aggregate Commitments of all Lenders (including New Lenders), (ii)
     the aggregate Facility A Commitments of all Facility A Lenders and (iii)
     the aggregate Facility C Commitments (if Facility C exists) of all Facility
     C Lenders (if Facility C exists) may not exceed, as of the date all or any
     portion of the Indebtedness comprising the Incremental Facility (as defined
     below) is incurred, an aggregate amount that would cause the Consolidated
     Senior Debt Ratio for the Borrower's most recently ended four full fiscal
     quarters for which internal financial statements are available to be
     greater than 2.0 to 1.0 (determined on a pro forma basis, assuming for
     purposes of this subsection 2.1(a)(i) only, all of the proposed additional
     commitments had been incurred at the beginning of such four-quarter period
     and all Commitments of all Lenders, all Facility A Commitments of all
     Facility A Lenders and all Facility C Commitments (if Facility C exists) of
     all Facility C Lenders (if Facility C exists) that are outstanding
     immediately prior to giving effect to the incurrence of such proposed
     additional commitments have been drawn in full, but taking into account any
     payment or prepayment of any Term Loans or term loans under Facility C (if
     Facility C exists)) (such new or increased commitments, the "Incremental
     Facility"); and provided, further that, no consent of any Lender shall be
     required for such Incremental Facility except for the consents described
     under clauses (I) and (II) above. In order to become a New Lender, a party
     must execute a Lender Addition Agreement and deliver the same to the
     Administrative Agent, the Syndication Agent and the Borrower for
     counter-execution. On the Eurodollar Loans Maturity Date (or, subject to
     compliance with subsection 2.16, on any Business Day) occurring on or
     immediately following the date that (i) the Agents have acknowledged their
     acceptance of any Increased Commitment Agreement delivered pursuant to
     clause (I) above or (ii) any Lender Addition Agreement has been executed by
     all necessary parties and delivered to the Agents, the increase in any such
     Lender's Commitment contemplated thereby shall become effective and/or the
     New Lender shall become a party to this Agreement, as applicable. Promptly
     thereafter, the Administrative Agent shall amend Schedule I hereto to
     accurately reflect the Commitments of the Lenders then in existence,
     whereupon such amended Schedule I shall be substituted for the pre-existing
     Schedule I, be deemed a part of this Agreement without any further action
     or consent of any party and be promptly distributed to each Lender and the
     Borrower by the Administrative Agent. The Incremental Facility shall have
     such economic terms (i.e., pricing, amount, tenor, amortization) as shall
     be agreed at the time with the lenders participating therein, and shall,
     otherwise, be on the same terms as this Agreement; provided that without
     the written consent of Required Class Lenders for each Class, (i) the
     applicable interest rate margin under the Incremental Facility shall not
     exceed the Applicable Margin under this Agreement or the "Applicable
     Margin" under and as defined in the Facility A Credit Agreement by more
     than fifty basis points and (ii) the maturity date of the Incremental
     Facility shall be equal to or occurring after the scheduled Termination
     Date under this

                                       8


     Agreement or the "Termination Date" under and as defined in the Facility A
     Credit Agreement; provided, further, that if the Borrower chooses to
     implement the Incremental Facility pursuant to clause (I) or (II) above,
     the Incremental Facility shall have the same economic terms (i.e. pricing,
     tenor, amortization) as this Agreement. In the alternative, without the
     consent of any Lender, Borrower may cause the Incremental Facility to be
     implemented and separately documented as Facility C, which shall have BOA
     as the administrative agent and provide for a ratable sharing of all
     Collateral and Guarantee Obligations under the Guarantees among and between
     the Lenders, the Facility A Lenders and the Facility C Lenders. In any
     case, the Administrative Agent shall have the right to execute, on behalf
     of the Lenders, any amendments and/or other documents necessary to
     implement the Incremental Facility; provided that such amendments and/or
     other documents do not affect any of the rights or obligations of any
     Lender for which the written consent of such Lender is necessary under
     subsection 10.1 unless the written consent of such Lender is received by
     the Administrative Agent. When the Incremental Facility is not implemented
     and separately documented as Facility C, the Borrower shall send the
     Administrative Agent (for distribution to each Lender) a written offer to
     participate in the Incremental Facility pursuant to clause (I) above, and
     each such Lender shall have the right, but no obligation, to commit to a
     ratable portion of the Incremental Facility, provided that no later than
     fourteen (14) days after receipt of such written request, each such Lender
     shall advise the Administrative Agent and the Borrower whether it intends
     to participate in the Incremental Facility and the amount of its proposed
     commitment (the "First Offer Requirement"). Only after satisfying the First
     Offer Requirement and allocating requested commitments to Lenders
     requesting participation in such Incremental Facility shall Borrower be
     permitted to offer participation in any remaining commitments for the
     Incremental Facility to any proposed New Lender pursuant to clause (II)
     above."

     3.5 Subsection 2.12(a) of the Credit Agreement is hereby amended and
restated in its entirety to read as follows:

         "(a) Each borrowing by the Borrower from the Revolving 364 Day Lenders
     hereunder, each payment by the Borrower on account of any commitment fee
     hereunder and any reduction of the Revolving 364 Day Commitments of
     Revolving 364 Day Lenders shall be made pro rata according to the
     respective Commitment Percentages of the Revolving 364 Day Lenders. Except
     during any period in which an Event of Default has occurred and is
     continuing, each payment (including each prepayment) by the Borrower on
     account of principal of and interest on any Term Loans and/or the Revolving
     364 Day Loans, and any application by the Administrative Agent of the
     proceeds of any Collateral, shall be made pro rata according to the
     respective outstanding principal amounts of such Loans then held by the
     Lenders. All payments (including prepayments) to be made by the Borrower
     hereunder in respect of any Loan, whether on account of principal,
     interest, Reimbursement Obligations (whether in respect of Domestic L/Cs or
     Foreign L/Cs), fees, expenses or otherwise, shall be made without set off
     or counterclaim and shall be made prior to 11:00 A.M., New York City time,
     on the due date thereof to the Administrative Agent, for the account of the
     Lenders with respect to such Loans, at the Administrative Agent's office
     specified in subsection 10.2, in Dollars and in immediately available
     funds; provided, that with respect to any

                                       9


     Reimbursement Obligations of the Borrower arising from the presentment to
     the Issuing Lender of a draft under a Foreign L/C, the Borrower may make
     payment in the applicable Alternative Currency if such payment is received
     by the Issuing Lender on the date such draft is paid by the Issuing Lender.

         At any time that an Event of Default has occurred and is continuing,
     all payments (including prepayments) made by the Borrower hereunder and any
     application by the Administrative Agent of the proceeds of any Collateral
     and/or payment under any Guarantee shall be applied in the following order:
     (1) to the ratable payment of all amounts due and owing by the Borrower
     pursuant to subsection 10.5 of this Agreement, subsection 10.5 of the
     Facility A Credit Agreement or subsection 10.5 of the Facility C Credit
     Agreement (if Facility C exists) to the Agents, the Facility A Agents
     and/or the Facility C Agents (if Facility C exists) and, after payment in
     full thereof, to any other Lender, Facility A Lender or Facility C Lender
     (if Facility C exists); (2) to the ratable payment of all interest, fees
     and commissions due and owing under this Agreement, the Facility A Credit
     Agreement or the Facility C Credit Agreement (if Facility C exists) or to
     the Agents, the Facility A Agents, the Facility C Agents (if Facility C
     exists), the Swing Line Lender, any Lender, any Facility A Lender or any
     Facility C Lender (if Facility C exists); and (3) to the ratable payment
     (or cash collateralization) of all other obligations of the Borrower to the
     Agents, the Facility A Agents, the Facility C Agents (if Facility C
     exists), the Swing Line Lender, any Lender, any Facility A Lender or any
     Facility C Lender (if Facility C exists) under any Credit Document,
     Facility A Credit Document, Facility C Credit Document (if Facility C
     exists) or Interest Rate Agreement with any Lender, any Facility A Lender
     or any Facility C Lender (if Facility C exists), including, without
     limitation the aggregate outstanding principal amount of Loans, Facility A
     Loans and Facility C Loans (if Facility C exists), the aggregate L/C
     Obligations, Facility A L/C Obligations and Facility C L/C Obligations (if
     Facility C exists) and the aggregate outstanding amount of Interest Rate
     Agreement Obligations to any Lender, any Facility A Lender and any Facility
     C Lender (if Facility C exists). For purposes of applying payments and
     proceeds distributed under clause 3 above, each Lender will first apply
     such amounts to all outstanding Loans and Interest Rate Agreement
     Obligations then due and owing to such Lender before such amounts will be
     held as cash collateral for L/C Obligations in which such Lender is a L/C
     Participant.

         The Administrative Agent, the Facility A Administrative Agent and the
     Facility C Administrative Agent (if Facility C exists) shall ratably
     distribute such payments to the applicable Lenders, the Facility A Lenders
     and the Facility C Lenders (if Facility C exists) promptly upon receipt in
     like funds as received. If any payment hereunder becomes due and payable on
     a day other than a Business Day, such payment shall be extended to the next
     succeeding Business Day, and, with respect to payments of principal,
     interest thereon shall be payable at the then applicable rate during such
     extension."

     3.6 Subsection 6.10(b) of the Credit Agreement is hereby amended and
restated in its entirety to read as follows:

                                       10


         "(b) With respect to any Person that, subsequent to the Original
     Closing Date, becomes a direct or indirect Subsidiary of the Borrower,
     promptly (and in any event within 30 days after such Person becomes a
     Subsidiary): (i) cause such new Subsidiary to become a party to the
     Subsidiary Guarantee and, to the extent such Subsidiary holds any Capital
     Stock of any Subsidiary that is not an Immaterial Subsidiary, to the
     Subsidiary Pledge Agreement and (ii) if requested by the Administrative
     Agent or the Required Lenders, deliver to the Administrative Agent legal
     opinions relating to the matters described in clause (i) immediately
     preceding, which opinions shall be in form and substance, and from counsel,
     reasonably satisfactory to the Administrative Agent. Notwithstanding the
     foregoing, no Immaterial Subsidiary, Foreign Subsidiary, Non-Wholly Owned
     Subsidiary or TCAS Subsidiary (except as provided below) of the Borrower or
     its Subsidiaries shall be required to execute a Subsidiary Guarantee or
     Subsidiary Pledge Agreement, and no more than 65% of the total combined
     voting power of the Capital Stock of or equity interests in (A) any direct
     or indirect Foreign Subsidiary of the Borrower or (B) any direct or
     indirect Subsidiary of the Borrower if more than 65% of the assets of such
     Subsidiary are securities of foreign companies (such determination to be
     made on the basis of fair market value), and no Subsidiary of any Person
     described in clause (A) or (B), shall be required to be pledged hereunder;
     provided, that if, after the consummation of any sale of a portion of
     Capital Stock of the TCAS Subsidiary, the TCAS Subsidiary thereafter
     becomes a Wholly Owned Subsidiary, then the TCAS Subsidiary shall become a
     party to the Subsidiary Guarantee and Subsidiary Pledge Agreement and the
     Borrower shall promptly (and in any event within 30 days after such event
     occurs) comply with the requirements of this subsection 6.10(b) with
     respect to the TCAS Subsidiary; provided, further, that if any Non-Wholly
     Owned Subsidiary thereafter becomes a Wholly Owned Subsidiary, then such
     Subsidiary shall become a party to the Subsidiary Guarantee and Subsidiary
     Pledge Agreement and Borrower shall promptly (and in any event within 30
     days after such event occurs) comply with the requirements of this
     subsection 6.10(b) with respect to such Subsidiary; provided, further, that
     if the Borrower shall be required to cause any Immaterial Subsidiary
     (including, without limitation, any Immaterial Subsidiary which is also a
     Non-Wholly Owned Subsidiary) to become bound by any guarantee of
     Indebtedness for borrowed money in respect of any Subordinated Indebtedness
     or Indebtedness incurred pursuant to subsection 7.2(d), the Borrower shall
     cause such Subsidiary to execute a Subsidiary Guarantee and cause the same
     to be delivered to the Administrative Agent promptly (and in any event
     within 30 days after such event occurs); provided, further, that no
     Guarantee Obligation of any Immaterial Subsidiary in effect at the time
     such Subsidiary becomes a Subsidiary of the Borrower shall trigger a
     requirement that the Borrower cause such Subsidiary to execute and deliver
     a Subsidiary Guarantee pursuant to the immediately preceding proviso unless
     the Borrower is required, by virtue of such Guarantee Obligation, to cause
     such Subsidiary to become bound by a guarantee of Indebtedness for borrowed
     money in respect of any Subordinated Indebtedness. Notwithstanding anything
     to the contrary contained in this Agreement, the Borrower shall cause at
     all times Subsidiaries that, together with the Borrower, comprise not less
     than seventy-five percent (75%) of Consolidated Total Assets to be party to
     the Subsidiary Guarantee; provided that for purposes of determining
     compliance with this requirement, the value of Capital Stock of any
     Subsidiary shall be deemed excluded; provided, further,

                                       11


     that if any Subsidiary is a Non-Wholly Owned Subsidiary, the assets of such
     Subsidiary to be included in the above calculation shall be reduced by the
     minority interest for such Subsidiary as reported in the Borrower's
     consolidated balance sheet."

     3.7 Subsection 7.1(a) of the Credit Agreement is hereby amended and
restated in its entirety to read as follows:

         "(a) Debt Ratio. Permit the Debt Ratio at the last day of any fiscal
     quarter to be greater than the ratio set forth below opposite the date on
     which such fiscal quarter ends:

           Fiscal Quarter Ending                                Ratio
           ---------------------                                -----

           September 30, 2003                                   4.25
           December 31, 2003                                    4.25
           March 31, 2004                                       4.25
           June 30, 2004                                        4.25
           September 30, 2004                                   4.00
           December 31, 2004                                    4.00
           March 31, 2005                                       4.00
           June 30, 2005                                        4.00
           September 30, 2005 and thereafter                    3.50"

     3.8 Subsection 7.1 of the Credit Agreement is hereby amended and restated
in its entirety by inserting a new subclause (c) therein as follows:

         "(c) Consolidated Senior Debt Ratio. Permit the Consolidated Senior
     Debt Ratio at the last day of the fiscal quarter ending December 31, 2003
     and each fiscal quarter ending thereafter to be greater than 2.50 to 1.00."

     3.9 Subsection 7.2(b) of the Credit Agreement is hereby amended and
restated to read as follows:

         "(b) Indebtedness of the Borrower incurred to finance the acquisition
     of fixed or capital assets (whether pursuant to a loan, a Financing Lease
     or otherwise) in an aggregate principal amount not exceeding $50,000,000 at
     any time outstanding, and refundings or refinancings thereof, provided that
     no such refunding or refinancing shall shorten the maturity or increase the
     principal amount of the original Indebtedness;"

     3.10 Subsection 7.2(c) of the Credit Agreement is hereby amended and
restated to read as follows:

         "(c) Indebtedness assumed in connection with any Investment permitted
     pursuant to subsection 7.9(k) hereof, and refundings or refinancings
     thereof, provided that no such refunding or refinancing shall shorten the
     maturity or increase the principal amount of the original Indebtedness;"

                                       12


     3.11 Subsection 7.2(d) of the Credit Agreement is hereby amended and
restated to read as follows:

         "(d) additional Indebtedness of the Borrower and/or its Subsidiaries
     not constituting Subordinated Debt (of which up to $100,000,000 may be
     secured by Liens permitted pursuant to subsection 7.3(i) hereof) so long as
     (i) on the date such additional Indebtedness is incurred no Default or
     Event of Default shall have occurred and be continuing or would occur as a
     consequence thereof, (ii) the Consolidated Senior Debt Ratio for the
     Borrower's most recently ended four full fiscal quarters for which internal
     financial statements are available immediately preceding the date on which
     such additional Indebtedness is incurred (assuming for purposes of this
     subsection 7.2(d) only, all Commitments of all Lenders, all Facility A
     Commitments of all Facility A Lenders and all Facility C Commitments (if
     Facility C exists) of Facility C Lenders (if Facility C exists) have been
     drawn in full, but taking into account any payment or prepayment of any
     Term Loans or term loans under Facility C (if Facility C exists)) would
     have been no greater than 2.0 to 1.0, determined on a pro forma basis
     (including a pro forma application of the Net Proceeds therefrom) as if the
     additional Indebtedness had been incurred at the beginning of such
     four-quarter period and (iii) not later than two (2) Business Days after
     the incurrence of such Indebtedness the Administrative Agent shall have a
     received certificate of a Responsible Officer setting forth, in reasonable
     detail, the pro forma computation of the Consolidated Senior Debt Ratio
     required to determine compliance with this subsection 7.2(d) and certifying
     the satisfaction of the conditions in this subsection 7.2(d) to the
     incurrence of such Indebtedness;"

     3.12 Subsection 7.2(i) of the Credit Agreement is hereby amended and
restated to read as follows:

         "(i) Indebtedness secured by Permitted Liens, and refundings or
     refinancings thereof, provided that no such refunding or refinancing shall
     shorten the maturity or increase the principal amount of the original
     Indebtedness;"

     3.13 Subsection 7.3(i) of the Credit Agreement is hereby amended and
restated to read as follows:

         "(i) Liens (not otherwise permitted hereunder) which secure obligations
     not exceeding (as to the Borrower and all Subsidiaries) $100,000,000 in
     aggregate amount at any time outstanding;"

     3.14 Subsection 7.4(b) of the Credit Agreement is hereby amended and
restated to read as follows:

         "(b) Guarantee Obligations of Holdings, Borrower or its Subsidiaries
     incurred after the date hereof in respect of an aggregate amount of
     obligations (together with obligations permitted to be guaranteed under
     subsection 7.4(i)) not to exceed $100,000,000 at any one time outstanding;"

                                       13


     3.15 Subsection 7.4(c) of the Credit Agreement is hereby amended and
restated to read as follows:

         "(c) Guarantee Obligations of Holdings, Borrower or any Subsidiary in
     respect of any Subordinated Debt and refundings and refinancings thereof,
     provided such Guarantee Obligations are subordinated to the Obligations on
     terms no less favorable to the Lenders, Facility A Lenders and Facility C
     Lenders (if Facility C exists) than those governing the Subordinated Debt
     and no such refunding or refinancing shortens the maturity of the original
     Indebtedness;"

     3.16 Subsection 7.4 of the Credit Agreement is hereby amended by (i)
deleting the word "and" appearing at the end of subsection (g) thereof, (ii)
deleting the period "." at the end of subsection (h) thereof and inserting ";
and" in place thereof and (iii) adding the following as subsection (i) thereto:

         "(i) Guarantee Obligations of any Subsidiary in effect at the time such
     Subsidiary was acquired through an Investment permitted pursuant to
     subsection 7.9(i) hereof in respect of an aggregate amount of obligations
     (together with obligations permitted to be guaranteed under subsection
     7.4(b)) not to exceed $100,000,000 at any one time outstanding, and
     extensions, renewals and replacements thereof; provided, however, that no
     such extension, renewal or replacement shall shorten the fixed maturity or
     increase the principal amount of the Indebtedness guaranteed by the
     original guarantee."

     3.17 Subsection 7.5 of the Credit Agreement is hereby amended by (i)
deleting the word "and" appearing at the end of subsection (a) thereof, (ii)
deleting the period "." at the end of subsection (b) thereof and inserting ";
and" in place thereof and (iii) adding the following as subsection (c) thereto:

         "(c) Borrower or any Subsidiary of Borrower may convey, sell, lease,
     assign, transfer or otherwise dispose of the Capital Stock of any
     Subsidiary or any Subsidiary may enter into any merger, consolidation or
     amalgamation or convey, sell, lease, assign, transfer or otherwise dispose
     of, all or substantially all of its property, business or assets; provided
     that the Net Proceeds thereof shall be applied pursuant to subsection
     2.6(b)(ii)."

     3.18 Subsection 7.6(j) of the Credit Agreement is hereby amended and
restated to read as follows:

         "(j) the conveyance, sale, assignment or contribution to any new
     Subsidiary of the Borrower or any existing Subsidiary of the Borrower of
     assets of the Borrower or any Subsidiary of the Borrower provided, that if
     such Subsidiary to which the assets are conveyed, sold, assigned or
     contributed is not a party to a Subsidiary Guarantee, such assets shall not
     exceed five percent (5%) of the Consolidated Total Assets;"

     3.19 Subsection 7.9(k) of the Credit Agreement is hereby amended and
restated to read as follows:

                                       14


         "(k) (i) Investments in the form of advances, loans or other extensions
     of credit to any Person (other than Borrower or any of its Subsidiaries)
     that is engaged in a Similar Business, so long as the aggregate outstanding
     amount of loans, advances or other extensions of credit made pursuant to
     this subsection 7.9(k) do not exceed an amount equal to five percent (5%)
     of the Consolidated Total Assets; and (ii) Investments made to acquire (A)
     all or any portion of the Capital Stock, or all or any portion of the
     assets, of any Person (other than the Borrower or any of its Subsidiaries)
     that is engaged in a Similar Business, or (B) all or substantially all of
     the assets of any division of any Person (other than the Borrower or any of
     its Subsidiaries) that is engaged in a Similar Business; provided, that (I)
     if such Investment is an acquisition of a majority of the Voting Stock of
     any Person, such Person's board of directors or similar governing body
     shall have approved such acquisition and (II) at the time of each such
     Investment described above in clauses (i) and (ii) (both before and after
     giving effect to such Investment), there shall exist no Default or Event of
     Default; provided, further, that in connection with each individual, or
     series of related, Investments made pursuant to this subsection 7.9(k)
     exceeding $50,000,000, the Borrower shall deliver to the Administrative
     Agent, not later than two (2) Business Days after the consummation of such
     Investment or Investments, a certificate of a Responsible Officer that
     certifies that no Default or Event of Default has occurred and is
     continuing or will be caused as a result of consummating such proposed
     Investment;"

     3.20 Subsection 7.11(a) of the Credit Agreement is hereby amended and
restated to read as follows:

         "(a) Enter into any transaction, including, without limitation, any
     purchase, sale, lease or exchange of property or the rendering of any
     service, with any Affiliate (other than the Borrower or any Wholly Owned
     Subsidiary which is a party to the Subsidiary Guarantee) unless such
     transaction is (i) otherwise permitted under this Agreement and (ii) upon
     fair and reasonable terms no less favorable to the Borrower or such
     Subsidiary, as the case may be, than it would obtain in a comparable arm's
     length transaction with a Person which is not an Affiliate."

         SECTION 4. Omnibus Amendment to CERTAIN CReDIT documents. Subject to
the satisfaction of each of the conditions to effectiveness set forth in Section
6 of this Amendment, the Borrower and the Requisite Class Lenders party to the
Credit Agreement hereby agree to amend the Credit Documents referenced below as
follows:

     4.1 The definition of "Permitted Parent Distributions" in Section 1.1(b) of
the Parent Guarantee is hereby amended and restated to read as follows:

         ""Permitted Parent Distributions": (a) the issuance by Holdings of
     options or other equity securities of Holdings to outside directors,
     members of management or employees of Holdings in the ordinary course of
     business, (b) cash payments made in lieu of issuing fractional shares of
     Holdings' common stock or preferred stock, (c) from and after January 1,
     2004, Parent Distributions funded solely with the proceeds of dividends
     received from the Borrower pursuant to clause (C) of the definition of
     Permitted Stock Payments in the Credit Agreements so long as at the time of
     declaring and paying any

                                       15


     such Parent Distribution no Default or Event of Default shall have occurred
     and be continuing (the "Clause (C) Dividends"), (d) the application of up
     to $2,000,000 of the proceeds of the sale of common stock of Holdings to
     the repurchase of common stock of Holdings from management of Holdings or
     the Borrower, (e) from and after January 1, 2004, cash payments to
     repurchase common stock of Holdings solely with proceeds of (i) Clause (C)
     Dividends, (ii) dividends received from the Borrower pursuant to clause (E)
     of the definition of Permitted Stock Payments in the Credit Agreement (the
     "Clause (E) Dividends") and (iii) Net Proceeds of the issuance of Capital
     Stock of Holdings and/or Permitted Convertible Securities issued after
     January 1, 2004; provided, however, that the cash payments to repurchase
     common stock of Holdings deriving from Clause (E) Dividends, issuances of
     Capital Stock of Holdings and/or issuances of Permitted Convertible
     Securities shall not exceed $200,000,000 in the aggregate from and after
     January 1, 2004 and (f) from and after January 1, 2004, cash payments in an
     aggregate amount up to $10,000,000 in any fiscal year of the Borrower to
     repurchase common stock of Holdings held by any employee, director,
     officer, consultant or agent (a "Benefit Plan Beneficiary") of the
     Borrower, Holdings or their Subsidiaries pursuant to any restricted stock
     plan or to which any such Benefit Plan Beneficiary has a right under any
     option plan of the Borrower or Holdings (or to repurchase other common
     stock of Holdings held by any such Benefit Plan Beneficiary having a value
     not exceeding the amount of the exercise price of an option being exercised
     by such Benefit Plan Beneficiary and the amount of the obligations of such
     Benefit Plan Beneficiary under the Code with respect to the common stock
     underlying such option) in order to enable (i) the Borrower, Holdings or
     such Benefit Plan Beneficiary to comply with obligations under the Code,
     (ii) the Borrower or Holdings to issue cash to such Benefit Plan
     Beneficiary in lieu of fractional shares of common stock or (iii) the
     payment of the exercise price of an option held by such Benefit Plan
     Beneficiary."

         4.2 Section 4.2 of the Parent Guarantee is hereby amended by inserting
"(c)," after the reference to "Subsection 7.4(b),".

         4.3 Name Changes. The table below sets forth the new name of each
Subsidiary whose name has changed. Each of the Borrower Pledge Agreement
(including, without limitation, Schedules 1 and 2 thereto), the Subsidiary
Guarantee Agreement and the Subsidiary Pledge Agreement (including, without
limitation, Schedules 1 and 2 thereto) is hereby amended by deleting each
reference to the names listed in the "Old Name" column below in such document
and substituting therefor the corresponding name in the "New Name" column.


Old Name                              New Name

Goodrich Avionics Systems, Inc.       L-3 Communications Avionics Systems, Inc.

Goodrich Aerospace Component          L-3 Communications Avionics

Overhaul & Repair, Inc.               Component Overhaul and Repair, Inc.

                                       16


Goodrich FlightSystems, Inc.          L-3 Communications FlightSystems
                                      Corporation

Atlantic Science and Technology       L-3 Communications Atlantic Science and
Corporation                           Technology Corporation

Coleman Research Corporation          SYColeman Corporation

EER Systems, Inc.                     L-3 Communications Government
                                      Services, Inc.

Celerity Systems Incorporated         L-3 Communications CSI, Inc.

L-3 Communications AeroTech LLC       L-3 Communications Vertex Aerospace  LLC


     4.4 Dissolutions. The Borrower hereby represents and warrants to the
Administrative Agent and Lenders that:

         (a) Telos Corporation ("Telos"), formerly a party to the Subsidiary
     Guarantee Agreement and the Subsidiary Pledge Agreement, was merged into
     L-3 Communications ILEX Systems, Inc. ("L-3 ILEX") on August 8, 2003 in a
     transaction permitted under the Credit Agreements, that L-3 ILEX was the
     surviving corporation in the merger and that Telos ceased to exist as a
     result of the merger;

         (b) L-3 Communications Analytics Corporation ("L-3 Analytics"),
     formerly a party to the Subsidiary Guarantee Agreement and the Subsidiary
     Pledge Agreement, was merged into L-3 Communications Government Services,
     Inc. ("L-3 GSI") on September 26, 2003 in a transaction permitted under the
     Credit Agreements, that L-3 GSI was the surviving corporation in the merger
     and that L-3 Analytics ceased to exist as a result of the merger;

         (c) AMI Instruments, Inc., formerly a party to the Subsidiary Guarantee
     Agreement and the Subsidiary Pledge Agreement, was merged into the Borrower
     on November 21, 2003 in a transaction permitted under the Credit Agreements
     and ceased to exist as a result of the merger;

         (d) SPD Holdings, Inc., formerly a party to the Subsidiary Guarantee
     Agreement and the Subsidiary Pledge Agreement, was merged into L-3
     Communications SPD Technologies, Inc. on November 21, 2003 in a transaction
     permitted under the Credit Agreements, L-3 Communications SPD Technologies,
     Inc. was the surviving corporation in the merger and SPD Holdings, Inc.
     ceased to exist as a result of the merger;

         (e) L-3 Communications SPD Technologies, Inc., formerly a party to the
     Subsidiary Guarantee Agreement and the Subsidiary Pledge Agreement, was
     merged into

                                       17


     the Borrower on November 21, 2003 in a transaction permitted under the
     Credit Agreements and ceased to exist as a result of the merger;

         (f) Southern California Microwave, Inc., formerly a party to the
     Subsidiary Guarantee Agreement and the Subsidiary Pledge Agreement, was
     merged into the Borrower on November 21, 2003 in a transaction permitted
     under the Credit Agreements and ceased to exist as a result of the merger;

         (g) L-3 Communications Avionics Component Overhaul and Repair, Inc.,
     formerly a party to the Subsidiary Guarantee Agreement and the Subsidiary
     Pledge Agreement, was merged into L-3 Communications Avionics Systems, Inc.
     on November 21, 2003 in a transaction permitted under the Credit
     Agreements, L-3 Communications Avionics Systems, Inc. was the surviving
     corporation in the merger and L-3 Communications Avionics Component
     Overhaul and Repair, Inc. ceased to exist as a result of the merger;

         (h) L-3 Communications FlightSystems Corporation, formerly a party to
     the Subsidiary Guarantee Agreement and the Subsidiary Pledge Agreement, was
     merged into L-3 Communications Avionics Systems, Inc. on November 21, 2003
     in a transaction permitted under the Credit Agreements, L-3 Communications
     Avionics Systems, Inc. was the surviving corporation in the merger and L-3
     Communications FlightSystems Corporation ceased to exist as a result of the
     merger;

         (i) L-3 Communications IMC Corporation, formerly a party to the
     Subsidiary Guarantee Agreement and the Subsidiary Pledge Agreement, was
     merged into L-3 Communications Government Services, Inc. on December 31,
     2003 in a transaction permitted under the Credit Agreements, L-3
     Communications Government Services, Inc. was the surviving corporation in
     the merger and L-3 Communications IMC Corporation ceased to exist as a
     result of the merger;

         (j) L-3 Communications TMA Corporation, formerly a party to the
     Subsidiary Guarantee Agreement and the Subsidiary Pledge Agreement, was
     merged into L-3 Communications Government Services, Inc. on December 31,
     2003 in a transaction permitted under the Credit Agreements, L-3
     Communications Government Services, Inc. was the surviving corporation in
     the merger and L-3 Communications TMA Corporation ceased to exist as a
     result of the merger;

         (k) L-3 Communications Atlantic Science and Technology Corporation,
     formerly a party to the Subsidiary Guarantee Agreement and the Subsidiary
     Pledge Agreement, was merged into L-3 Communications ILEX Systems, Inc. on
     December 31, 2003 in a transaction permitted under the Credit Agreements,
     L-3 Communications ILEX Systems, Inc. was the surviving corporation in the
     merger and L-3 Communications Atlantic Science and Technology Corporation
     ceased to exist as a result of the merger; and

         (l) L-3 Communications DBS Microwave, Inc., formerly a party to the
     Subsidiary Guarantee Agreement and the Subsidiary Pledge Agreement, was
     merged into

                                       18


     the Borrower on April 27, 2002 in a transaction permitted under the Credit
     Agreements and ceased to exist as a result of the merger.

     The parties to this Amendment accordingly agree that each reference in the
Borrower Pledge Agreement (including, without limitation, Schedules 1 and 2
thereto), the Subsidiary Guarantee Agreement and the Subsidiary Pledge Agreement
(including, without limitation, Schedules 1 and 2 thereto) to Telos Corporation,
L-3 Communications Analytics Corporation, AMI Instruments, Inc., SPD Holdings,
Inc., L-3 Communications SPD Technologies, Inc., Southern California Microwave,
Inc., L-3 Communications Avionics Component Overhaul and Repair, Inc., L-3
Communications FlightSystems Corporation, L-3 Communications IMC Corporation,
L-3 Communications TMA Corporation, L-3 Communications Atlantic Science and
Technology Corporation and L-3 Communications DBS Microwave, Inc. is hereby
deleted.

     4.5 Schedules. To more fully reflect the foregoing amendments described in
Sections 4.3 and 4.4 of this Amendment, Schedule 1 to the Borrower Pledge
Agreement is hereby amended and restated to read as provided on Schedule B-1
attached hereto and Schedules 1 and 2 to the Subsidiary Pledge Agreement are
hereby amended and restated to read as provided on Schedules S-1 and S-2
attached hereto.


         SECTION 5. CONDITIONS TO EFFECTIVENESS OF SECTIONS 1 AND 2. The
provisions of Sections 1 and 2 of this Amendment shall be deemed effective on
February 24, 2004 provided that each of the following conditions have been
satisfied (such effective date occurring upon satisfaction of such conditions
being referred to herein as the "EXTENSION EFFECTIVE DATE"):

     5.1 The Borrower shall have delivered to Administrative Agent executed
copies of this Amendment and each of the other Credit Parties shall have
delivered to the Administrative Agent executed copies of the Guarantors' Consent
and Acknowledgment to this Amendment in the form attached hereto; provided that
if not all of the Lenders shall have complied with the condition set forth in
Section 5.2 below, the Borrower shall have provided the Administrative Agent
with the Exercise Notice;

     5.2 The Required Lenders, each of which shall be an Extending Lender, shall
have delivered to the Administrative Agent an executed original or facsimile of
a counterpart of this Amendment;

     5.3 The Administrative Agent shall have received a secretary's or assistant
secretary's certificate of the Borrower certifying board resolutions authorizing
the execution, delivery and performance of this Amendment by the Borrower; and

     5.4 The representations and warranties contained in Section 7 hereof shall
be true and correct in all respects.

         SECTION 6. CONDITIONS TO EFFECTIVENESS OF SECTIONS 3 AND 4. The
provisions of Sections 3 and 4 of this Amendment shall be deemed effective as of
the date when each of the following conditions have been satisfied (such
effective date occurring upon satisfaction of such conditions being referred to
herein as the "AMENDMENT EFFECTIVE DATE"):

                                       19


     6.1 The Borrower shall have delivered to Administrative Agent executed
copies of this Amendment and each of the other Credit Parties shall have
delivered to the Administrative Agent executed copies of the Guarantors' Consent
and Acknowledgment to this Amendment in the form attached hereto;

     6.2 The Requisite Class Lenders party to the Credit Agreement shall have
delivered to the Administrative Agent an executed original or facsimile
counterpart of its signature page to this Amendment;

     6.3 The Administrative Agent shall have received a secretary's or assistant
secretary's certificate of the Borrower certifying board resolutions authorizing
the execution, delivery and performance of this Amendment by the Borrower;

     6.4 The representations and warranties contained in Section 7 hereof shall
be true and correct in all respects; and

     6.5 All conditions to effectiveness set forth in Sections 3.1, 3.2, 3.3,
and 3.4 in the Third Omnibus Amendment Regarding Third Amended and Restated
Credit Agreement of even date herewith shall have been satisfied.

         SECTION 7. REPRESENTATIONS AND WARRANTIES. In order to induce Lenders
to enter into this Amendment, the Borrower represents and warrants to each
Lender that the following statements are true, correct and complete:

     7.1 Authorization and Enforceability. (a) The Borrower has all requisite
corporate power and authority to enter into this Amendment and to carry out the
transactions contemplated by, and perform its obligations under, the Credit
Agreement as modified by this Amendment (the "AGREEMENT"), (b) the execution and
delivery of this Amendment has been duly authorized by all necessary corporate
action on the part of the Borrower and (c) this Amendment and the Agreement have
been duly executed and delivered by the Borrower and, when executed and
delivered, will be the legally valid and binding obligations of the Borrower,
enforceable against the Borrower in accordance with their respective terms,
subject to (i) the effects of bankruptcy, insolvency, fraudulent conveyance,
reorganization, moratorium or similar laws relating to or limiting creditors'
rights generally, (ii) general equitable principles (whether considered in a
proceeding, in equity or at law) and (iii) an implied covenant of good faith and
fair dealing.

     7.2 Incorporation of Representations and Warranties From Credit Agreement.
The representations and warranties contained in Section 4 of the Credit
Agreement, after giving effect to the consents, waivers and amendments contained
in Sections 1, 2, 3 and 4 of this Amendment, are and will be true, correct and
complete in all material respects on and as of each of the Extension Effective
Date and the Amendment Effective Date, to the same extent as though made on and
as of such date, except to the extent such representations and warranties
specifically relate to an earlier date, in which case they were true, correct
and complete in all material respects on and as of such earlier date.

     7.3 Absence of Default and Setoff. No event has occurred and is continuing
or will result from the consummation of the transactions contemplated by this
Amendment that constitutes a Default or an Event of Default and no defense,
setoff or counterclaim of any kind, nature or

                                       20


description exists to the payment and performance of the obligations owing by
the Borrower to the Agents and the Lenders.

         SECTION 8. MISCELLANEOUS.

     8.1 Effect on the Credit Agreement and the other Credit Documents. Except
as specifically provided in this Amendment, the Credit Agreement and the other
Credit Documents shall remain in full force and effect and are hereby ratified
and confirmed. The execution, delivery and performance of this Amendment shall
not, except as expressly provided herein, constitute a waiver of any provision
of, or operate as a waiver of any right, power or remedy of the Administrative
Agent or any Lender under, the Credit Agreement or any of the other Credit
Documents.

     8.2 Fees and Expenses. The Borrower acknowledges that all costs, fees and
expenses as described in Section 10.5 of the Credit Agreement incurred by
Administrative Agent and its counsel with respect to this Amendment and the
documents and transactions contemplated hereby shall be for the account of the
Borrower.

     8.3 GOVERNING LAW. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE
PARTIES HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN
ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

     8.4 SUBMISSION TO JURISDICTION; WAIVERS; WAIVER OF JURY TRIAL;
ACKNOWLEDGMENTS; CONFIDENTIALITY. Each of the terms and conditions set forth in
Sections 10.12, 10.13, 10.14 and 10.15 of the Credit Agreement are hereby
incorporated into this Amendment as if set forth fully herein except that each
reference to "Agreement" therein shall be deemed to be a reference to
"Amendment" herein.

     8.5 Counterparts; Effectiveness. This Amendment may be executed in any
number of counterparts and by different parties hereto in separate counterparts,
each of which when so executed and delivered shall be deemed an original, but
all such counterparts together shall constitute but one and the same instrument.
Except for the terms of Sections 1 and 2 hereof (which shall only become
effective on the Extension Effective Date) and Sections 3 and 4 hereof (which
shall only become effective on the Amendment Effective Date), this Amendment
shall become effective upon the execution of a counterpart hereof by the
Borrower and the Required Lenders and receipt by the Borrower and the
Administrative Agent of written or telephonic notification of such execution and
authorization of delivery thereof.

     8.6 Amendment Fee. Subject to the occurrence of the Amendment Effective
Date, the Borrower hereby agrees to pay to each Lender consenting to the
Requested Extension and the waiver of the Notice Limitation and submitting to
the Administrative Agent an executed counterpart to this Amendment on or before
February 19, 2004 (each such Lender, a "CONSENTING LENDER") a non-refundable fee
(the "AMENDMENT FEE") in the amount set forth in the Third Omnibus Amendment Fee
Letter regarding this Amendment, which Amendment Fee will be based and payable
on that portion of such Consenting Lender's Commitment which is subject to the
Requested Extension. The Amendment Fee owing to each Consenting Lender shall be
paid

                                       21


in immediately available funds by the Borrower to the Administrative Agent for
the benefit of such Consenting Lenders not later than noon (New York time) on
the first Business Day following the occurrence of the Amendment Effective Date.



                            [SIGNATURE PAGES FOLLOW]





                                       22


         IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
duly executed and delivered by their proper and duly authorized officers as of
the day and year first above written.

                                   L-3 COMMUNICATIONS CORPORATION


                                   By:
                                      ------------------------------------------
                                      Title:


                                   BANK OF AMERICA, N.A.,
                                     as Administrative Agent and as a Lender


                                   By:
                                      ------------------------------------------
                                     Title:


                                   LEHMAN COMMERCIAL PAPER INC.,
                                            as Documentation Agent, Syndication
                                            Agent and as a Lender


                                   By:
                                      ------------------------------------------
                                     Title:











    [SIGNATURE PAGES TO CONSENT, WAIVER AND THIRD OMNIBUS AMENDMENT REGARDING
              SECOND AMENDED AND RESTATED 364 DAY CREDIT AGREEMENT]



                     Guarantors' Acknowledgment and Consent

         Each of the undersigned hereby acknowledges receipt of the attached
Amendment and consents to the execution and performance thereof by L-3
Communications Corporation. Each of the undersigned hereby also reaffirms that
the guarantee and any applicable Pledge Agreement of such undersigned in favor
of the Administrative Agent for the ratable benefit of the Lenders and the
Agents remains in full force and effect and acknowledges and agrees that there
is no defense, setoff or counterclaim of any kind, nature or description to
obligations arising under such guarantee or any applicable Pledge Agreement.

Dated as of February 24, 2004

                                L-3 COMMUNICATIONS HOLDINGS, INC.


                                By:
                                   --------------------------------------------
                                Name:  Christopher C. Cambria
                                 Title:  Vice President, General
                                          Counsel and Secretary


                                L-3 COMMUNICATIONS INTEGRATED SYSTEMS L.P.


                                     By:  L-3 COMMUNICATIONS AIS GP CORPORATION,
                                     as General Partner



                                     By:
                                        ---------------------------------------
                                     Name:  Christopher C. Cambria
                                     Title: Vice President and Secretary


                                L-3 COMMUNICATIONS VERTEX AEROSPACE LLC
                                L-3 COMMUNICATIONS FLIGHT INTERNATIONAL
                                      AVIATION LLC
                                L-3 COMMUNICATIONS FLIGHT CAPITAL LLC
                                L-3 COMMUNICATIONS VECTOR INTERNATIONAL
                                      AVIATION LLC
                                WESCAM LLC
                                WESCAM AIR OPS LLC


                                By:
                                   --------------------------------------------
                                   Name:  Christopher C. Cambria
                                   Title:  Authorized Person




  [SIGNATURE PAGES TO GUARANTORS' ACKNOWLEDGMENT AND CONSENT TO CONSENT, WAIVER
              AND THIRD OMNIBUS AMENDMENT REGARDING SECOND AMENDED
                     AND RESTATED 364 DAY CREDIT AGREEMENT]



                       APCOM, INC.
                       BROADCAST SPORTS INC.
                       ELECTRODYNAMICS, INC.
                       HENSCHEL, INC.
                       HYGIENETICS ENVIRONMENTAL SERVICES, INC.
                       INTERSTATE ELECTRONICS CORPORATION
                       KDI PRECISION PRODUCTS, INC.
                       L-3 COMMUNICATIONS AEROMET, INC.
                       L-3 COMMUNICATIONS AIS GP CORPORATION
                       L-3 COMMUNICATIONS AVIONICS SYSTEMS, INC.
                       L-3 COMMUNICATIONS AYDIN CORPORATION
                       L-3 COMMUNICATIONS CSI, INC.
                       L-3 COMMUNICATIONS ESSCO, INC.
                       L-3 COMMUNICATIONS GOVERNMENT SERVICES, INC.
                       L-3 COMMUNICATIONS ILEX SYSTEMS, INC.
                       L-3 COMMUNICATIONS INVESTMENTS INC.
                       L-3 COMMUNICATIONS KLEIN ASSOCIATES, INC.
                       L-3 COMMUNICATIONS MAS (US) CORPORATION
                       L-3 COMMUNICATIONS SECURITY AND DETECTION SYSTEMS
                            CORPORATION CALIFORNIA
                       L-3 COMMUNICATIONS SECURITY AND DETECTION SYSTEMS
                            CORPORATION DELAWARE
                       L-3 COMMUNICATIONS SECURITY SYSTEMS CORPORATION
                       L-3 COMMUNICATIONS STORM CONTROL SYSTEMS, INC.
                       L-3 COMMUNICATIONS WESTWOOD CORPORATION
                       MCTI ACQUISITION CORPORATION
                       MICRODYNE COMMUNICATIONS TECHNOLOGIES INCORPORATED
                       MICRODYNE CORPORATION
                       MICRODYNE OUTSOURCING INCORPORATED
                       MPRI, INC.
                       PAC ORD, INC.
                       POWER PARAGON, INC.
                       SHIP ANALYTICS, INC.
                       SHIP ANALYTICS INTERNATIONAL, INC.
                       SHIP ANALYTICS USA, INC.
                       SPD ELECTRICAL SYSTEMS, INC.
                       SPD SWITCHGEAR, INC.
                       SYCOLEMAN CORPORATION
                       TROLL TECHNOLOGY CORPORATION
                       WESCAM SONOMA INC.
                       WESCAM AIR OPS INC.
                       WESCAM INCORPORATED
                       WESCAM HOLDINGS (US) INC.
                       WOLF COACH, INC.


                       By:
                          ------------------------------------------
                            Name:  Christopher C. Cambria
                            Title:  Vice President and Secretary


  [SIGNATURE PAGES TO GUARANTORS' ACKNOWLEDGMENT AND CONSENT TO CONSENT, WAIVER
              AND THIRD OMNIBUS AMENDMENT REGARDING SECOND AMENDED
                     AND RESTATED 364 DAY CREDIT AGREEMENT]




                                            THE BANK OF NEW YORK


                                            By:
                                                --------------------------------
                                                 Title:








    [SIGNATURE PAGES TO CONSENT, WAIVER AND THIRD OMNIBUS AMENDMENT REGARDING
              SECOND AMENDED AND RESTATED 364 DAY CREDIT AGREEMENT]



                                            BANK ONE, N.A. (Main Office Chicago)


                                            By:
                                               ---------------------------------
                                                Title:







    [SIGNATURE PAGES TO CONSENT, WAIVER AND THIRD OMNIBUS AMENDMENT REGARDING
              SECOND AMENDED AND RESTATED 364 DAY CREDIT AGREEMENT]



                                            FLEET NATIONAL BANK


                                            By:
                                               ---------------------------------
                                                 Title:






    [SIGNATURE PAGES TO CONSENT, WAIVER AND THIRD OMNIBUS AMENDMENT REGARDING
              SECOND AMENDED AND RESTATED 364 DAY CREDIT AGREEMENT]



                                            CREDIT LYONNAIS NEW YORK BRANCH


                                            By:
                                               ---------------------------------
                                                 Title:





    [SIGNATURE PAGES TO CONSENT, WAIVER AND THIRD OMNIBUS AMENDMENT REGARDING
              SECOND AMENDED AND RESTATED 364 DAY CREDIT AGREEMENT]



                                            WACHOVIA BANK NATIONAL ASSOCIATION
                                            (f/k/a First Union Commercial
                                            Corporation)


                                            By:
                                               ---------------------------------
                                                 Title:





    [SIGNATURE PAGES TO CONSENT, WAIVER AND THIRD OMNIBUS AMENDMENT REGARDING
              SECOND AMENDED AND RESTATED 364 DAY CREDIT AGREEMENT]



                                            HSBC BANK USA


                                            By:
                                               ---------------------------------
                                                 Title:





    [SIGNATURE PAGES TO CONSENT, WAIVER AND THIRD OMNIBUS AMENDMENT REGARDING
              SECOND AMENDED AND RESTATED 364 DAY CREDIT AGREEMENT]




                                            THE GOVERNOR AND COMPANY OF THE BANK
                                            OF IRELAND


                                            By:
                                               ---------------------------------
                                            Title:

                                            By:
                                               ---------------------------------
                                               Title:





   [SIGNATURE PAGES TO CONSENT, WAIVER AND SECOND OMNIBUS AMENDMENT REGARDING
              SECOND AMENDED AND RESTATED 364 DAY CREDIT AGREEMENT]



                                            COMERICA BANK


                                            By:
                                               --------------------------------
                                               Title:





   [SIGNATURE PAGES TO CONSENT, WAIVER AND SECOND OMNIBUS AMENDMENT REGARDING
              SECOND AMENDED AND RESTATED 364 DAY CREDIT AGREEMENT]




                                            CREDIT INDUSTRIEL ET COMMERCIAL


                                            By:
                                               --------------------------------
                                               Title:




   [SIGNATURE PAGES TO CONSENT, WAIVER AND SECOND OMNIBUS AMENDMENT REGARDING
              SECOND AMENDED AND RESTATED 364 DAY CREDIT AGREEMENT]



                                            BARCLAYS BANK PLC

                                            By:
                                               --------------------------------
                                               Title:





   [SIGNATURE PAGES TO CONSENT, WAIVER AND SECOND OMNIBUS AMENDMENT REGARDING
              SECOND AMENDED AND RESTATED 364 DAY CREDIT AGREEMENT]



                                            SOCIETE GENERALE


                                            By:
                                                -------------------------------
                                                Title:





   [SIGNATURE PAGES TO CONSENT, WAIVER AND SECOND OMNIBUS AMENDMENT REGARDING
              SECOND AMENDED AND RESTATED 364 DAY CREDIT AGREEMENT]



                                            SUNTRUST BANK


                                            By:
                                                -------------------------------
                                                Title:





    [SIGNATURE PAGES TO CONSENT, WAIVER AND THIRD OMNIBUS AMENDMENT REGARDING
              SECOND AMENDED AND RESTATED 364 DAY CREDIT AGREEMENT]



                                            WEBSTER BANK


                                            By:
                                                -------------------------------
                                                Title:





    [SIGNATURE PAGES TO CONSENT, WAIVER AND THIRD OMNIBUS AMENDMENT REGARDING
              SECOND AMENDED AND RESTATED 364 DAY CREDIT AGREEMENT]



                                            THE BANK OF NOVA SCOTIA


                                            By:
                                                -------------------------------
                                                Title:





    [SIGNATURE PAGES TO CONSENT, WAIVER AND THIRD OMNIBUS AMENDMENT REGARDING
              SECOND AMENDED AND RESTATED 364 DAY CREDIT AGREEMENT]



                                            CREDIT SUISSE FIRST BOSTON


                                            By:
                                                -------------------------------
                                                Title:




    [SIGNATURE PAGES TO CONSENT, WAIVER AND THIRD OMNIBUS AMENDMENT REGARDING
              SECOND AMENDED AND RESTATED 364 DAY CREDIT AGREEMENT]




                                            PURCHASING LENDERS:

                                            MIZUHO CORPORATE BANK, LTD.
                                            (successor to The Fuji Bank,
                                            Limited, The Dai-Ichi Kanho Bank,
                                            Ltd. and The Industrial Bank of
                                            Japan, Limited)

                                            By:
                                                -------------------------------
                                                Title:


                                            BANK OF TOKYO-MITSUBISHI TRUST
                                            COMPANY

                                            By:
                                                -------------------------------
                                                Title:


                                            KEY BANK NATIONAL ASSOCIATION

                                            By:
                                                -------------------------------
                                                Title:


                                            MORGAN STANLEY BANK

                                            By:
                                                -------------------------------
                                                Title:


                                            FORTIS CAPITAL CORP.

                                            By:
                                                -------------------------------
                                                Title:


                                            FORTIS CAPITAL CORP.


                                            By:
                                                -------------------------------
                                                Title:





                    [Signature pages to Second Amendment to
             Second Amended and Restated 364 Day Credit Agreement]



                                 SCHEDULE B-1*

         [SEE ATTACHED AMENDED SCHEDULE 1 TO BORROWER PLEDGE AGREEMENT]










-------------------
* BORROWER TO PROVIDE NEW SCHEDULE



                                  SCHEDULE S-1

       [SEE ATTACHED AMENDED SCHEDULE 1 TO SUBSIDIARY PLEDGE AGREEMENT]*












-------------------
* BORROWER TO PROVIDE NEW SCHEDULE

                                 SCHED. S-1 - 1


                                  SCHEDULE S-2

       [SEE ATTACHED AMENDED SCHEDULE 2 TO SUBSIDIARY PLEDGE AGREEMENT]*










-------------------
* BORROWER TO PROVIDE NEW SCHEDULE

                                 SCHED. S-2 - 1`