----

| ☒ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---------|--------------------------------------------------------------------------------------|

| ☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---------|------------------------------------------------------------------------------------------|

| Delaware                                                       |   | 13-3937436                           |
|----------------------------------------------------------------|--------|--------------------------------------|
| (State or other jurisdiction of incorporation or organization) |   | (I.R.S. Employer Identification No.) |
| 600 Third Avenue, New York, NY           |   | 10016      |
|------------------------------------------|--------|------------|
| (Address of principal executive offices) |   | (Zip Code) |
| Title of each class                     |   | Name of each exchange on which registered: |
|-----------------------------------------|--------|--------------------------------------------|
| Common stock, par value $0.01 per share |   | New York Stock Exchange                    |
| Large accelerated filer ☒ | Accelerated filer  ☐ | Non-accelerated filer  ☐ | Smaller reporting company  ☐ | Emerging growth company  ☐ |
|---------------------------------|----------------------------------|--------------------------------------|------------------------------------------|----------------------------------------|

----

----

----

| PART III   |                                                                                                                |   |
|------------|---------------------------------------------------------------------------------------------------------------------|--------|
| Item 10:   | Directors, Executive Officers and Corporate Governance                                                              | 1      |
| Item 11:   | Executive Compensation                                                                                              | 12     |
| Item 12:   | Security Ownership of                      Certain Beneficial Owners and Management and Related Stockholder Matters | 60     |
| Item 13:   | Certain Relationships and                      Related Transactions, and Director Independence                      | 63     |
| Item 14:   | Principal Accounting Fees                      and Services                                                         | 64     |
| PART IV    |                                                                                                                |   |
| Item 15:   | Exhibits, Financial                      Statement Schedules                                                        | 65     |
| Signatures | 67                                                                                                                  |

----

 Table of Contents

| ITEM 10. | DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE |
|----------|--------------------------------------------------------|

|   |  Director Since: 2003 Board Committees:•  Audit and Ethics Age: 73 |   | CLAUDE R. CANIZARES Position, Principal Occupation and Professional Experience:Bruno Rossi Professor of Physics,                    Massachusetts Institute of Technology. Since 1971, Professor Canizares has been at MIT, where until recently he served as Vice President. Prior positions include Vice President for Research, Associate Provost, and Director of the                  Center for Space Research. In addition, he is a principal investigator on NASA’s Chandra X-ray Observatory and Associate Director of its science center. Other Directorships, Trusteeships and                    Memberships: Member of the National Academy of Sciences and the International Academy of Astronautics; Fellow of the American Academy of Arts and Sciences,                    the American Physical Society and the American Association for the Advancement of Science. Professor Canizares served on the Department of Commerce’s Emerging Technology and Research Advisory Committee and currently serves on the                    National Research Council’s (NRC) Advisory Committee for the Division of Engineering and Physical Sciences. He chairs the Auditing Committee of the National Academy of Sciences. Professor Canizares has served on the Air Force Scientific                    Advisory Board, the NASA Advisory Council, and the Council of the National Academy of Sciences. Director Qualifications:The Board considered Professor Canizares’ distinguished career as a tenured professor at MIT including his past responsibility for over 20                  research laboratories, including Lincoln Laboratory, with an aggregate annual research budget of $1.5 billion, as well as his extensive knowledge of the aerospace industry. |
|--------|-----------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

|   |   Director Since: 1997 Board Committees:• Audit and Ethics• Compensation Age: 74 |   | THOMAS A. CORCORAN Position, Principal Occupation and Professional Experience:President, Corcoran Enterprises, LLC.                  Mr. Corcoran has been the President of Corcoran Enterprises, LLC, a private management consulting firm, since 2001. From March 2001 to April 2004, Mr. Corcoran was the President and Chief Executive Officer of Gemini Air Cargo, a Carlyle                  Group Company, and served as Senior Advisor of The Carlyle Group, a private investment firm, from 2001 to 2017. Previously, Mr. Corcoran was the President and Chief Executive Officer of Allegheny Teledyne Incorporated. From April 1993 to                  September 1999, he was the President and Chief Operating Officer of the Electronic Systems Sector and Space & Strategic Missiles Sector of Lockheed Martin Corporation. Prior to that he worked for General Electric for 26 years and held                  various management positions with GE Aerospace. Other Current Public Directorships: Aerojet Rocketdyne Holdings, Inc. (Director, Member of the Organization & Compensation and Corporate Governance & Nominating Committees) Director Qualifications:The Board considered Mr. Corcoran’s business operations background, including his service as the chief executive officer of a number of                  businesses, and his expertise in the aerospace and defense industries.                                                                                                                                                                                                                                                                                                                                                      |
|--------|-------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                              |
|   |   Director Since: 2013 Board Committees:• Nominating and  Governance Age: 66 |   | ANN E. DUNWOODY Position, Principal Occupation and Professional Experience:General (U.S. Army – Ret) and Chief Executive                    Officer, First 2 Four LLC.General (Ret.) Dunwoody was the first woman in U.S. military history to achieve the rank of four-star general. From 2008 until her retirement in 2012, she led and ran the largest global logistics command                  in the Army comprising 69,000 military and civilian individuals, located in all 50 states and over 140 countries with a budget of $60 billion dollars. General (Ret.) Dunwoody also served as a strategic planner for the Chief of Staff of                  the Army. During her 38-year military career, she was decorated for distinguished service and has received many major military and honorary awards. Other Current Public Directorships: Kforce Inc. (Director and Member of the Corporate Governance Committee) Prior Public Company Directorships (within the                    last five years): Republic Services, Inc. (until May 2017) Other Directorships, Trusteeships and                    Memberships: The Association of the United States Army (Council of Trustees), ThanksUSA (Director), Florida Institute of Technology (Director), Army                    Historical Foundation (Director), Logistics Management LLC (Director), National Association of Corporate Directors (Fellow), Fidelity Fixed Income and Asset Allocation Funds (FIAA) (Director and Member of Board of Trustees), Automattic                    (Director) Director Qualifications:The Board considered General (Ret.) Dunwoody’s distinguished career in the United States Army and her extensive knowledge of the defense                  industry. |

----

 Table of Contents

|   |   Director Since: 2009 Board Committees:• Audit and Ethics (Chair)• Compensation Age: 71 |   | LEWIS KRAMERPosition, Principal Occupation and Professional Experience:Retired Partner, Ernst & Young LLP.                Mr. Kramer was a partner at Ernst & Young from 1981 until he retired in June 2009 after a nearly 40-year career at Ernst & Young. At the time of his retirement, Mr. Kramer served as the Global Client Service Partner for worldwide                external audit and all other services for major clients and served on the firm’s United States Executive Board. He previously served as Ernst & Young’s National Director of Audit Services. Other Current Public Directorships: Las Vegas Sands Corp. (Director and Member of the Audit and Nominating and Governance Committees) Director Qualifications:The Board considered Mr. Kramer’s significant experience, expertise and background with regard to accounting and internal control matters as                well as the breadth of his business knowledge gained while serving as an independent auditor for numerous organizations across many industries.                                                                                                                                                                            |
|--------|---------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                      |
|   |  Director Since: 2018• Chairman, CEO and President Age: 58                                          |   | CHRISTOPHER E. KUBASIK Position, Principal Occupation and Professional Experience:Chairman, Chief Executive Officer and                    President, L3 Technologies, Inc. Mr. Kubasik became our Chief Executive Officer and President and a member of our Board in January 2018; he assumed the role of Chairman in May 2018. From October 2015 to December 2017, Mr.                  Kubasik served as the Company’s President and Chief Operating Officer. From March 2014 to October 2015, Mr. Kubasik served as President and Chief Executive Officer of the Seabury Advisory Group. Prior to that, Mr. Kubasik held various                  executive positions with Lockheed Martin Corporation including Vice Chairman, President and Chief Operating Officer from 2010 to 2012. Mr. Kubasik graduated magna cum laude from the University of Maryland School of Business. Prior Public Company Directorships (within the                    last five years): Spirit AeroSystems Holdings, Inc. (until April 2016) Director Qualifications:The Board considered Mr. Kubasik’s position as Chairman, Chief Executive Officer and President and his expertise and experience in the                  aerospace and defense industries. |

----

 Table of Contents

|   |  Director Since: 2018Board Committees:• Audit and Ethics• Nominating and GovernanceAge: 56 |   | RITA S. LANE Position, Principal Occupation and Professional Experience:Principal, Hajime, LLC.  Ms. Lane has                  been the Principal at Hajime, LLC a supply chain advisor for start-up companies, since August 2014. From July 2008 through January 2014, Ms. Lane served as                  Vice President, Operations, for Apple Inc.  From June 2006 through July 2008, Ms. Lane was Senior Vice President, Integrated Supply Chain/Chief Procurement Officer for Motorola Solutions, Inc. and prior to that time held senior supply                  chain positions at International Business Machines Corporation for more than ten years. Ms. Lane also served for five years in the United States Air Force as a Captain.Prior Public Company Directorships (within the                    last five years): Ms. Lane serves on the Board of Directors of Sanmina Corporation, a global manufacturing solutions provider, and is a Supervisory Board                    member of Signify N.V., a publicly-traded global lighting systems manufacturer.Director Qualifications:The Board considered Ms. Lane’s extensive engineering and                    operational background, as well as her expertise in innovation across global businesses. |
|--------|-------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   Director Since: 1997• Lead Independent Director Board Committees:• Compensation (Chair) Age: 68 |   | ROBERT B. MILLARD Position, Principal Occupation and Professional Experience:Chairman, Massachusetts Institute of                    Technology Corporation. Mr. Millard has been the Chairman of the Massachusetts Institute of Technology Corporation since 2014. Prior to becoming Chairman of MIT, Mr. Millard held various positions in business, including Managing                  Director at Lehman Brothers and its predecessors from 1976 to 2008 and Chairman of Realm Partners L.L.C. from 2009 to 2014. Other Current Public Directorships: Evercore Inc. Prior Public Company Directorships (within the                    last five years): Gulfmark Offshore, Inc. (until June 2013) Other Directorships, Trusteeships and                    Memberships: Member, Council on Foreign Relations and Fellow of the American Academy of Arts and Sciences Director Qualifications:The Board considered Mr. Millard’s extensive financial background. |
|--------|------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

|   |   Director Since: 2012Board Committees:• CompensationAge: 76 |   | LLOYD W. NEWTON Position, Principal Occupation and Professional Experience:General (U.S. Air Force – Ret).                  General (Ret.) Newton was a four-star General and Commander of the Air Force, Air Education and Training Command, where he was responsible for the recruiting, training and education of all Air Force personnel from 1997 until his                  retirement in 2000. Following his retirement from the Air Force, General (Ret.) Newton was Executive Vice President of Pratt & Whitney Military Engines until 2006. During his 34 year military career, General (Ret.) Newton also served                  as an Air Force congressional liaison officer with the U.S. House of Representatives and was a member of the Air Force’s Air Demonstration Squadron, the Thunderbirds.Prior Public Company Directorships (within the                    last five years): Torchmark Corporation (until April 2018); Sonoco Products                    Co. (until December 2014) and Goodrich Corporation (until August 2012)Director Qualifications:The Board considered General (Ret.) Newton’s distinguished career in the Air Force, his experience as an Executive Vice President of Pratt                  & Whitney Military Engines and his knowledge as a director of public companies. |
|--------|-------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   Director Since: 2013 Board Committees:• Audit and Ethics• Nominating and  Governance (Chair) Age: 68 |   | VINCENT PAGANO, JR. Position, Principal Occupation and Professional Experience:Retired Partner, Simpson Thacher &                    Bartlett LLP. Mr. Pagano was a partner at Simpson Thacher & Bartlett LLP until his retirement at the end of 2012. He was the head of the firm’s capital markets practice from 1999 to 2012 and, before that, administrative                  partner of the firm from 1996 to 1999. He was a member of the firm’s executive committee during substantially all of the 1996-2012 period. Other Current Public Directorships: Cheniere Energy Partners GP, LLC, the general partner of Cheniere Energy Partners, L.P.                    (Director and Member of the Audit and Conflicts Committees) and Hovnanian Enterprises, Inc. (Director and Member of the Audit and Corporate Governance and Nominating Committees) Director Qualifications:The Board considered Mr. Pagano’s significant experience, expertise and background with regard to legal, capital markets and corporate                  governance matters, including his broad perspective brought by his experience advising clients in many diverse industries.  |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

|   |   Director Since: 2011Board Committees:• Nominating and  GovernanceAge: 77 |   | H. HUGH SHELTON Position, Principal Occupation and Professional Experience:General (U.S. Army - Ret). General                  (Ret.) Shelton was the senior officer of the United States military and principal military advisor to the President of the United States, the Secretary of Defense and the National Security Council when he served as the fourteenth Chairman                  of the Joint Chiefs of Staff from 1997 until his retirement in 2001. He had previously served as Commander-in-Chief of U.S. Special Operations Command (SOCOM). From January 2002 until April 2006, General (Ret.) Shelton served as the                  President, International Sales of M.I.C. Industries, an international manufacturing company. General (Ret.) Shelton was knighted by Queen Elizabeth II in 2001 and awarded the Congressional Gold Medal in 2002.Prior Public Company Directorships (within the                    last five years): Red Hat, Inc. (until August 2017)Other Directorships, Trusteeships and                    Memberships: Executive Director of the General H. Hugh Shelton Leadership Center at North Carolina State University, National Association of Corporate                    Directors (NACD) FellowDirector Qualifications:The Board considered General (Ret.) Shelton’s distinguished career as the Chairman of the Joint Chiefs of Staff, Department of Defense and                  as the Commander in Chief of U.S. Special Operations Command (SOCOM) and his extensive knowledge of the defense industry. |
|--------|-------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| Committee        |                                                                                                                                                                                                                                                                                                                                                                                                                 |   | Primary Responsibilities                                                         |
|------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------|
| Audit and Ethics |                                                                                                                                                                                                                                                                                                                                                                                                                 |   | The Audit and Ethics Committee is generally responsible for, among other things: |
| •          | selecting, appointing, compensating, retaining and terminating our independent registered public accounting firm;                                                                                                                                                                                                                                                                                                    |
| •          | overseeing the auditing work of any independent registered public accounting firm employed by us, including the resolution of any disagreements, if any, between management and the independent registered public accounting firm regarding                financial reporting, for the purpose of preparing or issuing an audit report or performing other audit, review or attest services;                        |
| •          | pre-approving audit, other audit, audit-related and permitted non-audit services to be performed by the independent registered public accounting firm and related fees;                                                                                                                                                                                                                                              |
| •          | meeting with our independent registered public accounting firm to review the proposed scope of the annual audit of our financial statements and to discuss such other matters that it deems appropriate;                                                                                                                                                                                                             |
| •          | reviewing the findings of the independent registered public accounting firm with respect to the annual audit;                                                                                                                                                                                                                                                                                                        |
| •          | meeting to review and discuss with management and the independent registered public accounting firm our periodic financial reports prior to our filing them with the SEC and reporting annually to the Board with respect to such matters;                                                                                                                                                                           |
| •          | reviewing with our financial and accounting management, the independent registered public accounting firm and internal auditor the adequacy and effectiveness of our internal control over financial reporting, financial reporting                procedures and disclosure controls and procedures;                                                                                                                |
| •          | reviewing the internal audit function;                                                                                                                                                                                                                                                                                                                                                                               |
| •          | oversee the Company’s compliance with relevant legal and regulatory requirements and the adequacy of control systems in place to assure such compliance;                                                                                                                                                                                                                                                       |
| •          | review and approve, or ratify, related person transactions;                                                                                                                                                                                                                                                                                                                                                          |
| •          | oversight of the Company’s ethics program and all investigations; and                                                                                                                                                                                                                                                                                                                                          |
| •          | reporting to the Board regarding matters covered at each committee meeting on a timely basis.                                                                                                                                                                                                                                                                                                                        |
| Compensation     |                                                                                                                                                                                                                                                                                                                                                                                                                 |   | The Compensation Committee is generally responsible for, among other things:     |
| •          | reviewing and approving corporate goals and objectives relevant to the Chief Executive Officer’s compensation;                                                                                                                                                                                                                                                                                                 |
| •          | evaluating the performance of the Chief Executive Officer in light of these corporate goals and objectives and, either as a committee or together with other independent directors (as directed by the Board), determining and approving the              annual salary, bonus, equity and equity-based incentives and other benefits, direct and indirect, of the Chief Executive Officer based on such evaluation; |
| •          | reviewing and approving the annual salary, bonus, equity and equity-based incentives and other benefits, direct and indirect, of the other executive officers;                                                                                                                                                                                                                                                       |
| •          | discussing the results of the shareholder advisory vote on the compensation paid to our named executive officers;                                                                                                                                                                                                                                                                                                    |
| •          | reviewing and recommending to the Board, or approving, all equity-based awards, including pursuant to the Company’s equity-based plans;                                                                                                                                                                                                                                                                        |
| •          | reviewing and approving, or making recommendations to the Board with respect to, the Company’s equity-based plans and executive officer incentive compensation plans, and overseeing the activities of the individuals responsible for                administering those plans;                                                                                                                               |
| •          | reviewing and discussing with management, on at least an annual basis, management’s assessment of whether risks arising from the Company’s compensation policies and practices for all employees, including non-executive officers, are                reasonably likely to have a material adverse effect on the Company;                                                                               |

----

 Table of Contents

| Committee                 |   | Primary Responsibilities                                                                  |
|---------------------------|--------|-------------------------------------------------------------------------------------------|
|                      |   | •                                                                                   | reviewing and discussing the “Compensation Discussion and Analysis” section contained in this Form 10-K/A; |
|                      |   | •                                                                                   | overseeing and approving the management continuity planning process; |
|                      |   | •                                                                                   | periodically reviewing and evaluating the succession plans relating to the Chief Executive Officer and other executive officer positions, including plans related to unanticipated vacancies; |
|                      |   | •                                                                                   | retaining or terminating, as necessary or appropriate, and approving the fees and any other retention terms for, compensation and benefits consultants and other outside consultants, legal counsels or advisors hired to provide                    independent advice to the committee; |
|                      |   | •                                                                                   | evaluating on at least an annual basis whether any work provided by a compensation consultant retained by the committee raised any conflict of interest; and |
|                      |   | •                                                                                   | reporting to the Board regarding matters covered at each committee meeting on a timely basis. |
| Nominating and Governance |   | The Nominating and Governance Committee is generally responsible for, among other things: |
|                      |   | •                                                                                   | developing, recommending and monitoring corporate governance policies and procedures for the Company and the Board; |
|                      |   | •                                                                                   | overseeing the Company’s political contributions, lobbying activities, and the Company’s Federal political action committee; |
|                      |   | •                                                                                   | recommending to the Board criteria for the selection of new directors; |
|                      |   | •                                                                                   | identifying and recommending to the Board individuals to be nominated as directors; |
|                      |   | •                                                                                   | evaluating candidates recommended by shareholders in a timely manner; |
|                      |   | •                                                                                   | conducting all necessary and appropriate inquiries into the backgrounds and qualifications of possible candidates; |
|                      |   | •                                                                                   | overseeing the evaluation of the Board and its committees and management; |
|                      |   | •                                                                                   | reviewing and making recommendations to the Board with respect to the form and amounts of compensation for directors; and |
|                      |   | •                                                                                   | reporting to Board regarding matters covered at each committee meeting on a timely basis. |

----

 Table of Contents

| Name                   | Audit andEthics(1) | Compensation(2) | Nominating andGovernance(3) |
|------------------------|--------------------|-----------------|-----------------------------|
| Claude R. Canizares*   |                    |            |                        |
| Thomas A. Corcoran*    |                    |                 |                        |
| Ann E. Dunwoody*       |               |            |                             |
| Lewis Kramer*          |                    |                 |                        |
| Christopher E. Kubasik |               |            |                        |
| Rita S. Lane*          |                    |            |                             |
| Robert B. Millard*(4)  |               |                 |                        |
| Lloyd W. Newton*       |               |                 |                        |
| Vincent Pagano, Jr.*   |                    |            |                             |
| H. Hugh Shelton*       |               |            |                             |

| * | Independent Director. |
|---|-----------------------|

| (1) | The Audit and Ethics Committee consists entirely of non-management directors, all of whom have been determined by the Board to be independent                    within the meaning of the listing standards of the NYSE and Rule 10A-3 of the Exchange Act. The Board has also determined that all members of the Audit and Ethics Committee are financially literate and that Mr. Kramer is an “audit                    committee financial expert” within the meaning set forth in the regulations of the SEC. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | The Compensation Committee consists entirely of non-management directors, all of whom the Board has determined are independent within the meaning                    of the listing standards of the NYSE; are non-employee directors for purposes of Rule 16b-3 of the Exchange Act; and satisfy the requirements of Section 162(m) of the Internal Revenue Code of 1986, as amended (the “Internal Revenue                    Code”) for outside directors. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | The Nominating and Governance Committee consists entirely of non-management directors, all of whom have been determined by the Board to be                    independent within the meaning of the listing standards of the NYSE and our standards of independence. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | Lead Independent Director. |
|-----|----------------------------|

----

 Table of Contents

|   | RALPH G. D’AMBROSIO                                 |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|--------|-----------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | Senior Vice President and Chief Financial OfficerAge 51   |   | Principal Occupation and Other InformationMr. D’Ambrosio became our Chief Financial Officer in January 2007 and a Senior Vice President in April 2010. From March 2005 to January                  2007, he was Vice President – Finance and Principal Accounting Officer, and he continued to be our Principal Accounting Officer until April 2008. He became Controller in August 2000 and a Vice President in July 2001 and was Vice President                  and Controller until March 2005. He joined L3 in August 1997 and was Assistant Controller until July 2000. Prior to joining L3, he was a senior manager at Coopers & Lybrand LLP, where he held a number of positions since 1989. Mr.                  D’Ambrosio holds a Bachelor’s degree, summa cum laude, in Business Administration from Iona College and a Master’s degree, with honors, in Business Administration from the Stern School of Business at New York University.          |
|   |                                                      |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|   | ANN D. DAVIDSON                                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|   | Senior Vice President and Chief Legal Officer Age 67 |   | Principal Occupation and Other InformationMs. Davidson became our Senior Vice President and General Counsel in August 2016 and was named our Chief Legal Officer in May 2018. Prior                  to joining L3, Ms. Davidson was the Senior Vice President, Chief Legal Officer and Corporate Secretary of Exelis Inc. from September 2011 to May 2015. Her legal career includes two decades of working in the aerospace and defense industry                  with ITT Corporation, Alliant Techsystems Inc., Thales North America Inc., Parker Hannifin Corporation and Honeywell International Inc. Earlier in her career she was an attorney advisor and trial attorney for the Office of the General                  Counsel of the U.S. Department of the Navy. Ms. Davidson received her Bachelor of Arts degree from Ohio University and her Juris Doctor degree from the University of Dayton School of Law. She is a member of the bar in Virginia and New                  York. |
|   | TODD W. GAUTIER                                                             |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|--------|-----------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | Senior Vice President andPresident of ElectronicSystems Segment Age 55 |   | Principal Occupation and Other InformationMr. Gautier became our Senior Vice President and President of Electronic Systems Segment in March 2017. Prior to that, he was President of                  the Precision Engagement and Training Sector from January 2014 to March 2017, President of the Precision Engagement Sector from January 2010 to January 2014, and Vice President of Business Development and Strategy for the Sensors and                  Simulation Group from January 2005 to January 2010. With 30 years of defense, aerospace and leadership experience, Mr. Gautier joined L3 in 2001. Prior to joining L3, Mr. Gautier served in the U.S. Navy for 15 years as a Strike/Fighter                  Pilot, where he held a variety of leadership, operational, and instructional positions across combat and peacetime operations. After leaving the Navy in 2000, he served as the Vice President of Navy Operations for BGI, LLC, and as a                  flight crew member for United Airlines. Mr. Gautier received his Bachelor’s degree in Business Administration, Finance, from Southern Methodist University in 1986. |

----

 Table of Contents

|   | JEFFREY A. MILLER                                                                               |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|--------|-------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | Senior Vice President andPresident of ISRSystems SegmentAge 55                                  |   | Principal Occupation and Other InformationMr. Miller became our Senior Vice President and President of ISR Systems Segment in August 2018.  Previously, he was Senior Vice President                  and President of the Sensor Systems Segment from March 2017 to August 2018. Mr. Miller joined L3 in April 2014 as Sector President of Integrated Sensor Systems. Prior to joining L3, Mr. Miller held executive positions with Raytheon.                  Earlier in his career, he was an F-16 product line manager for identification and electronic warfare programs at Teledyne Electronics. Mr. Miller has over 30 years                  of industry experience in U.S. and international sensors and fire control systems, battlefield information systems, networked communication, command and control, electronic warfare, missiles, and force protection systems. Mr. Miller                  studied electronic engineering at California Polytechnic State University. In addition, he has studied electronic engineering at various university programs and participated in executive management development and business leadership                  programs. |
|   |                                                                                            |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|   | SEAN J. STACKLEY                                                                                |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|   | Senior Vice President andPresident of Communications &Networked Systems Segment Age 61 |   | Principal Occupation and Other Information(Hon.) Mr. Stackley was promoted to Senior Vice President and President of Communications & Networked Systems Segment in September                  2018.  He joined L3 as Corporate Vice President, Strategic Advance Programs and Technologies in January 2018. Before joining L3, he spent four decades in public service, including a 27-year career in the U.S. Navy.  Most recently, from                  January 2017 to July 2017, Mr. Stackley served as Acting Secretary of the Navy.  From 2008 to 2017, he served as Assistant Secretary of the Navy (Research, Development and Acquisition).  Mr. Stackley graduated with distinction from the                  U.S. Naval Academy with a Bachelor of Science in Mechanical Engineering. He holds the degrees of Ocean Engineer and Master of Science in Mechanical Engineering from the Massachusetts Institute of Technology and is a Certified Professional                  Engineer in the Commonwealth of Virginia.                                                                                                                                     |

----

 Table of Contents

| ITEM 11. | EXECUTIVE COMPENSATION |
|----------|------------------------|

|  | • | Christopher E. Kubasik, Chairman, Chief Executive Officer and President |
|--|---------|-------------------------------------------------------------------------|

|  | • | Ralph G. D’Ambrosio, Senior Vice President and Chief Financial Officer |
|--|---------|------------------------------------------------------------------------------|

|  | • | Ann D. Davidson, Senior Vice President and Chief Legal Officer |
|--|---------|----------------------------------------------------------------|

|  | • | Todd W. Gautier, Senior Vice President and President of Electronic Systems                        Segment |
|--|---------|-----------------------------------------------------------------------------------------------------------|

|  | • | Jeffrey A. Miller, Senior Vice President and President of ISR Systems Segment |
|--|---------|-------------------------------------------------------------------------------|

|  | • | Our diluted earnings per share (“EPS”) and free cash flow (“FCF”) achievements significantly exceeded the corporate goals in our annual incentive plan. Our 2018 EPS                        from continuing operations increased by 6% to $10.05, compared with $9.46 for 2017, and our net cash from operating activities from continuing operations increased by 6% to $1,042 million for 2018, as compared to $985 million from 2017.  Our 2018 EPS from                        continuing operations included certain debt retirement charges, merger and acquisition-related expenses and divestiture gains that are described more fully in “– Reconciliation of Non-GAAP Measures to GAAP Measures” on page 34.                         Excluding these items, our EPS from continuing operations grew by 14% to $10.75 for 2018, as compared to $9.46 for 2017.  Our 2017 EPS from continuing operations also included an estimated tax benefit of $0.99 per diluted share                        related to the enactment of the U.S. Tax Cuts and Jobs Act in December 2017 (the “2017 Tax Reform Law”).  Our FCF from continuing operations increased 8% to $935 million in 2018, as compared to $862 million for 2017.  The FCF                        results discussed in this paragraph are subject to the adjustments set forth in“–Reconciliation                        of Non-GAAP Measures to GAAP Measures” on page 34. |
|--|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

|  | • | Our consolidated organic sales growth (that is, the growth in our net sales excluding the sales impact of business acquisitions and divestitures) (“OSG”) also                        significantly exceeded our annual incentive plan goal.  Our consolidated net sales grew by 7% to $10,244 million for 2018, as compared to $9,573 million for 2017.  Our consolidated OSG was 7% for 2018 (with organic sales increasing                        by $635 million, to $10,138 million for 2018), led by organic growth of 6% for our USG business (including the DoD).  Consolidated organic sales exclude $106 million of sales increases related to business acquisitions and $70                        million of sales declines related to business divestitures. |
|--|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | Our segment operating margin was 10.8% for 2018 and was unchanged from 2017. |
|--|---------|------------------------------------------------------------------------------|

|  | • | Our segment operating income increased by $75 million, or 7%, to $1,106 million for 2018, as compared to $1,031 million for 2017.  Favorable contract performance at                        Electronic Systems was offset by lower manufacturing yields, inventory provisions and unfavorable contract performance for the Traveling Wave Tube business in our Communications & Networked Systems segment and higher research                        and development costs, primarily at our Intelligence Surveillance and Reconnaissance Systems segment, as described below. |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | We undertook significant strategic actions to reshape and strengthen our business portfolio for continued future success.  As discussed above, on June 29, 2018, we                        completed the sale of our Vertex Aerospace business, representing a strategic shift in the scope of our business.  We also invested $386 million to acquire five businesses in 2018.  Our acquisitions build and strengthen select L3                        business areas, including with respect to information security; unmanned surface vessel (USV) and autonomous vessel control systems; aerospace engineering, software development and space situational awareness; robotic solutions for                        automotive manufacturing; and unmanned aerial systems. We also increased our research and development (R&D) investment by 14%, or $39 million, to $326 million for 2018, as compared to $287 million for 2017. |
|--|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | As discussed above, on October 14, 2018, we entered into an agreement to combine L3 and Harris in an all stock merger of equals in which L3 shareholders will receive a                        fixed exchange ratio of 1.30 shares of Harris common stock for each share of L3 common stock they hold and will collectively own approximately 46% of the combined company. |
|--|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | We returned $576 million of cash to our shareholders in 2018, by repurchasing $322 million of our Common Stock and paying dividends of $254 million following our 14th consecutive annual dividend increase. |
|--|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | Credit rating agencies S&P, Moody’s and Fitch reaffirmed their stable outlooks and investment-grade credit ratings for L3.  We also maintained an efficient capital                        structure with ample liquidity.  We ended 2018 with $3.3 billion of debt, unchanged from 2017 and representing approximately 35% of invested capital, $1,066 million of cash on hand (an increase of approximately 60% as compared to                        the end of 2017) and an available revolver of $1 billion. |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

|                      |   | Salary(1) |      |   | Target Bonusas % of Salary |   |   | Target Value ofLong-Term Incentives(2) |   |   | Target Pay(1) |   |
|---------------------------|--------|-----------|-----------|--------|----------------------------|--------|--------|----------------------------------------|--------|--------|---------------|--------|
| Christopher E. Kubasik    |   | $         | 1,200,000 |   |                       |   | 130%   |                                        |   | $      | 9,600,000     |   |   | $ | 12,360,000 |   |
| Ralph G. D’Ambrosio |   |      | 730,500   |   |                       |   | 100%   |                                        |   |   | 2,700,000     |   |   |   | 4,161,000 |   |
| Ann D. Davidson           |   |      | 618,000   |   |                       |   | 90%    |                                        |   |   | 1,000,000     |   |   |   | 2,174,200 |   |
| Todd W. Gautier           |   |      | 546,300   |   |                       |   | 100%   |                                        |   |   | 1,300,000     |   |   |   | 2,392,600 |   |
| Jeffrey A. Miller         |   |      | 520,550   |   |                       |   | 100%   |                                        |   |   | 1,000,000     |   |   |   | 2,041,100 |   |

| (1) | Other than with respect to Messrs. Kubasik and Miller, amounts disclosed in the Salary column represent the annualized base salary established for each named executive                        officer by the Committee effective February 24, 2018.  Mr. Kubasik’s annualized base salary became effective on January 1, 2018 in connection with his promotion to Chief Executive Officer.  Mr. Miller’s annualized base salary was                        initially set at $488,800 effective February 24, 2018 in connection with his then existing role as president of our Sensor Systems segment, and was increased to $565,000 in connection with his promotion to president of our ISR                        Systems segment effective August 2, 2018.  The amounts disclosed in the Salary and Target Pay columns for Mr. Miller reflect his prorated annualized based salary for his service during 2018 in these roles. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | The amounts disclosed in this column exclude the value of long-term incentives granted to Messrs. Kubasik                          and Miller in December 2018, in lieu of being granted in February 2019 as part of their respective 2019 target pay, to mitigate potential excise taxes that may be applicable under Section 280G of the Internal Revenue Code in                          connection with the L3 Harris Merger.  For a further discussion, see “– Summary of 2019                          Target Pay” beginning on page 29. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| Executive Compensation Program Features                      |
|--------------------------------------------------------------|
| Executive CompensationProgram Includes                       | •     Emphasis on long-term, performance-based compensation and meaningful stock ownership guidelines to align executive and shareholder interests•     Transparent, formulaic incentive plans designed to promote short- and long-term business success•     Performance conditions on the Chief Executive Officer’s stock options•     Clawback policy that applies to all incentive compensation, including equity-based awards•     Modest perquisites consistent with competitive practices•     Double trigger provisions for severance payable in the event of a change in control•     Annual compensation risk assessment to ensure program does not encourage excessive risk-taking•     Tally sheet                    analysis to better understand current and accumulated compensation and benefits |
| Executive Compensation Program Does Not Include or Prohibits | •     Excise                      tax gross-ups on severance/change in control payments•     Repricing                      of stock options or other equity-based awards without shareholder approval•     Pension                      plan/SERP credit for years not worked with L3 or its predecessor companies•     Excessive                      severance or change in control provisions•     Payment                      of dividends on stock options, or on other equity-based awards prior to vesting•     Hedging                      or pledging of L3 stock by executives, employees and non-employee directors |

----

 Table of Contents

----

 Table of Contents

----

 Table of Contents

| 2018 Target Pay Mix |
|---------------------|

|                                                                                                                                                                                                                                                                                                                                                                             |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| Chief Executive OfficerAnnual Incentive 13%Base Salary                      10%Long-termIncentives 77%Stock Options 30%Perf. Awards 40%RSUs 30%Fixed Pay: 33%At-Risk Pay: 67%Other Named Executive Officers (average)Annual Incentive 23%Base Salary 24%Long-termIncentives 53%Stock Options 25%Perf. Awards 33%RSUs                      42%Fixed Pay: 48%At-Risk Pay: 52% |

|  | ▪ | Operational Fit: companies in the same or similar industries with a comparable business mix and client base, and diversified global operations. Due to the limited number of “pure defense” companies of comparable                          size, the Committee believes that it is appropriate to include other companies in L3’s compensation peer group that are similar in size and compete with L3 for executive talent or investor capital. |
|--|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | ▪ | Financial Scope: companies of similar size as measured by annual corporate revenues. At the time this peer group was approved, most of the peers fell within a range of one-third to three times the size of L3. In                          limited circumstances, the Committee has found it appropriate to include companies with revenues that fall both above and below this range when they are proven competitors for business, executive talent or investor capital. |
|--|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2018 Compensation Peer Group        |
|-------------------------------------|
| ~~Eaton Corporation *~~        | Leidos Holdings, Inc. | Rockwell Collins, Inc. |
| General Dynamics Corporation        | Lockheed Martin Corporation. | Spirit AeroSystems Holdings, Inc. |
| Harris Corporation                  | Northrop Grumman Corporation | Textron, Inc. |
| Honeywell International, Inc.       | Orbital ATK, Inc.** | TransDigm Group Incorporated |
| Huntington Ingalls Industries, Inc. | Parker Hannifin Corporation |   |
| Ingersoll-Rand plc                  | Raytheon Company |   |

----

| * | Removed from the compensation peer group for 2018 |
|---|---------------------------------------------------|

| ** | Added to the compensation peer group for 2018 |
|----|-----------------------------------------------|

----

 Table of Contents

| Target Pay Determinants                                                                                       |
|---------------------------------------------------------------------------------------------------------------|
| •        Positioning to competitive market median                              | •      Long-term                    financial and individual performance | •     Role and                    responsibilities relative to benchmark |
| •        Competitive mix of fixed                    and at-risk pay | •     Tenure and experience in role | •     Internal pay equity |
| •        Competitive mix of cash and                    equity       | •      Expected                    future contributions and market conditions | •     Prior year’s compensation                    levels |

----

 Table of Contents

|                      |   | 2018 Salary(1)(in thousands) |   |
|---------------------------|--------|------------------------------|--------|
| Christopher E. Kubasik    |   | $                            | 1,200  |   |
| Ralph G. D’Ambrosio |   |                         | 731    |   |
| Ann D. Davidson           |   |                         | 618    |   |
| Todd W. Gautier           |   |                         | 546    |   |
| Jeffrey A. Miller         |   |                         | 521    |   |

| (1) | Other than with respect to Messrs. Kubasik and Miller, amounts disclosed in the 2018 Salary column represent the 2018 annualized base salary established for each named                        executive officer by the Committee effective February 24, 2018.  Mr. Kubasik’s annualized base salary became effective on January 1, 2018.  Mr. Miller’s annualized base salary was initially set at $488,800 effective February 24,                        2018 in connection with his then existing role as president of our Sensor Systems segment, and was increased to $565,000 in connection with his promotion to president of our ISR Systems segment effective August 2, 2018.  The amounts                        disclosed in the 2018 Salary column for Mr. Miller reflect his prorated annualized based salary for his service during 2018 in these roles. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Award Determination under Annual Incentive Plan                                                                                                                                                                                                                                |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| •   Performance criteria defined at the beginning of the performance period                                                                                                                                                                                    |
| •   Performance compared to pre-established goals                                                                                                                                                                                                              |
| •   For corporate named executive officers, financial performance is based on consolidated EPS, FCF and OSG results                                                                                                                                            |
| •   For segment presidents, financial performance is primarily based on the operating income                    (“OI”) and FCF results for their respective segments, with additional consideration given to consolidated EPS, FCF and OSG results |
| •   Functional and individual performance measured based on pre-established goals and assigned specific weightings                                                                                                                                             |
| •   Payouts can range from 0% to 200% of target bonus based on performance                                                                                                                                                                                     |

| Changes to Annual Incentive Plan Design for 2018                                                                                                                                                                         |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| •   Consolidated OSG was added as a performance measure for all participants                                                                                                                             |
| •   For all corporate participants other than the CEO and CFO, functional performance was added as a performance measure                                                                                 |
| •   The weighting of financial performance in determining overall plan payouts was increased                                                                                                             |
| •   The maximum payout for segment presidents was reduced to 200%, by eliminating a separate                      opportunity for an additional 25% payout based solely on segment organic income growth |

----

 Table of Contents

|                      |   | 2018 Salary(1)(in thousands) |   |   | 2018 AIP Target Bonus (%) |   |   | 2018 AIPTarget Bonus (in thousands) |   |
|---------------------------|--------|------------------------------|--------|--------|---------------------------|--------|--------|-------------------------------------|--------|
| Christopher E. Kubasik    |   | $                            | 1,200  |   |                      |   | 130%   |                                     |   | $ | 1,560 |   |
| Ralph G. D’Ambrosio |   |                         | 731    |   |                      |   | 100%   |                                     |   |   | 731 |   |
| Ann D. Davidson           |   |                         | 618    |   |                      |   | 90%    |                                     |   |   | 556 |   |
| Todd W. Gautier           |   |                         | 546    |   |                      |   | 100%   |                                     |   |   | 546 |   |
| Jeffrey A. Miller         |   |                         | 521    |   |                      |   | 100%   |                                     |   |   | 521 |   |

| (1) | Represents each named executive officer’s annualized base salary that was established as part of their                          2018 target pay.  For a further discussion, see “– Base Salary” beginning on page 19. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| Corporate Executives |   | Segment Presidents |   |
|----------------------|--------|--------------------|--------|
| Financial Measure    |   | Weight             |   | Financial Measure |   | Weight |   |
| Consolidated EPS     |   |               | 60%    |  | Consolidated EPS |   |   | 15% |  |
| Consolidated FCF     |   |               | 20%    |  | Consolidated FCF |   |   | 5% |  |
| Consolidated OSG     |   |               | 20%    |  | Consolidated OSG |   |   | 20% |  |
|                 |   |               |   |  | Segment OI |   |   | 45% |  |
|                 |   |               |   |  | Segment FCF |   |   | 15% |  |
|                 |   |               |   |  |   |   |   |   |  |
| Total                |   |               | 100%   |  | Total |   |   | 100% |  |
| Performance Level |   | ConsolidatedEPS & FCF(% of Plan Performance) |         |   | ConsolidatedOSG(% of Plan Performance) |   |   | SegmentOI & FCF (% of Plan Performance) |   |   | FinancialRating |   |
|-------------------|--------|--------------------------------------------------|--------------|--------|----------------------------------------|--------|--------|---------------------------------------------|--------|--------|-----------------|--------|
| Maximum           |   |                                                  | ≥ 115% |   |                                        |   |        | ≥ 150%                                |   |        |            |        | ≥ 125% |   |  |   |   | 200% |   |  |
| Target            |   |                                             | 100%         |   |                                        |   |   | 100%                                        |   |        |            |   | 100% |   |  |   |   | 100% |   |  |
| Threshold         |   |                                             | 85%          |   |                                        |   |   | 50%                                         |   |        |            |   | 75% |   |  |   |   | 50% |   |  |
| Below Threshold   |   |                                                  | < 85%     |   |                                        |   |        | < 50%                                    |   |        |            |        | < 75% |   |  |   |   | 0% |   |  |

----

 Table of Contents

| L3 Consolidated EPS Adjustments                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | L3 Consolidated FCF Adjustments                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | L3 Consolidated OSG Adjustments                                                                                                  |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------|
| •      Impairment                    losses on goodwill and other intangible assets, or on debt or equity investments•      Gains or                    losses on retirement of debt, or on asset dispositions that are not contemplated under L3’s 2018 plan•      Extraordinary                    gains and losses under U.S. generally accepted accounting principles (“GAAP”)•      Non-cash                    gains or losses on discontinued operations•      New                    accounting standards required to be adopted under GAAP or SEC rules•      Gains or                    losses on litigation matters at or exceeding $5 million individually or $25 million in the aggregate•      Gains or                    losses related to the resolution of income tax contingencies for business acquisitions that existed at the date of acquisition |   | •      Discretionary                    contributions to pension plans that exceed the amount forecasted in L3’s plan established in February of the fiscal year•      Premiums                    and other payments in excess of principal and interest associated with the retirement of debt, including income taxes incurred in connection with the debt retirement•      Tax                    payments or benefits associated with gains or losses on business divestitures in determining net cash from operating activities |   | •      New                    accounting standards required to be adopted under GAAP or SEC rules |

----

 Table of Contents

| Christopher E. Kubasik (Chairman, Chief Executive Officer and President)                                                                                                                                                                                                              | Ralph G. D’Ambrosio(Senior Vice President andChief Financial Officer)                                                                                                                                                                                                                                                           | Ann D. Davidson(Senior Vice President and Chief Legal Officer)                                                                                                                                                                                                                                                    | Todd W. Gautier(Senior Vice President and President of Electronic Systems Segment)                                                                                                                                                                                                                                                                      | Jeffrey A. Miller(Senior Vice President and President of ISR Systems Segment)                                                                                                                                                                                                                                                                           |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • Leadership• Strategic planning• External relations• Communication / branding• Optimize operations• Internal collaboration• Talent management• Financial performance• Risk management• Board relations / corporate governance | • Financial reporting and forecasting• Management of capital structure and liquidity• Internal controls over financial reporting• Enterprise risk management• Company-wide cost savings• Tax planning and strategies• Expand scope of company-wide shared services• Talent management | • Strategic advice on legal, regulatory and transactional matters• Legal risk management• Corporate and organizational governance• Contract management and regulatory compliance• Oversight of ethics and business conduct program• Legal and compliance-related cost savings | • Winning re- competitions and new business• Program performance• Optimize operations / cost savings• Developing adjacent markets / international expansion• Internal collaboration• Talent management• Identify acquisition targets and integrate acquired businesses• Continuous process improvements | • Winning re- competitions and new business• Program performance• Optimize operations / cost savings• Developing adjacent markets / international expansion• Internal collaboration• Talent management• Identify acquisition targets and integrate acquired businesses• Continuous process improvements |

----

 Table of Contents

|              |   | Corporate Executives |    |   | Segment Presidents          |   |
|-------------------|--------|----------------------|---------|--------|-----------------------------|--------|
|              |   | CEO and CFO(weight)  |    |   | Chief Legal Officer(weight) |   |   | (weight) |   |
|              |   |                 |    |   |                        |   |   |   |   |
| Financial Rating  |   |                 | 80%     |        |                        |   | 60% |  |   |   | 80% |  |
| Functional Rating |   |                 | — |        |                        |   | 20% |  |   |   | — |  |
| Personal Rating   |   |                 | 20%     |        |                        |   | 20% |  |   |   | 20% |  |
| Total Rating      |   |                 | 100%    |        |                        |   | 100% |  |   |   | 100% |  |
|              |   |                 |    |   |                        |   |   |   |   |   |  |   |
|                                |                                                                                                                                                                               |
|-------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Annual Incentive PlanPayout Formula | Total Rating = [Financial Rating x Weight] + [Functional Rating x Weight] + [Personal Rating x Weight]Potential Annual Incentive Plan Payout ($) = Target Bonus ($) x Total Rating |
|                                |                                                                                                                                                                               |
| 2018 Annual Incentive Plan Payouts |   |
|------------------------------------|--------|
|                               |   | 2018 AIPTarget |   |   | TotalRating |   |   | Formulaic Payout |   |   | DiscretionaryAdjustment |   |   | 2018 AIPPayout |   |
| Named Executive Officer            |   | [Step 1] |   |   | [Steps 2-4] |   |   | [Subtotal] |   |   | [Step 5] |   |   | [Total] |   |
| Christopher E. Kubasik             |   | $ | 1,560,000 |   |   |   | 185% |  |   | $ | 2,882,880 |   |   | $ | (287,880 | ) |   | $ | 2,595,000 |   |
| Ralph G. D’Ambrosio          |   |   | 730,500 |   |   |   | 182% |  |   |   | 1,328,049 |   |   |   | (133,049 | ) |   |   | 1,195,000 |   |
| Ann D. Davidson                    |   |   | 556,200 |   |   |   | 183% |  |   |   | 1,015,621 |   |   |   | (50,621 | ) |   |   | 965,000 |   |
| Todd W. Gautier                    |   |   | 546,300 |   |   |   | 135% |  |   |   | 739,690 |   |   |   | (36,690 | ) |   |   | 703,000 |   |
| Jeffrey A. Miller                  |   |   | 520,550 |   |   |   | 165% |  |   |   | 857,787 |   |   |   | (42,787 | ) |   |   | 815,000 |   |

----

 Table of Contents

| Long-term Incentive |   | Weight(1) |   | Rationale                                                                    |   | Performance Criteria & Other Features                                                                                                                                                                                            |
|---------------------|--------|-----------|--------|------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Stock Options       |   | 30%       |   | •  Stock price appreciation                                       |   | •  Ultimate value dependent on stock price appreciation                                                                                                                                                                   |
|                |   |      |   | •  Stock ownership and capital accumulation                       |   | •  Vest in equal annual increments over three years with a 10-year term                                                                                                                                                   |
|                |   |      |   |                                                                         |   | •  Exercise price equal to the closing price of our Common Stock on the date of grant                                                                                                                                     |
|                |   |      |   |                                                                         |   | •  Grants to the Chief Executive Officer include additional performance vesting conditions as described below under “Stock Options”                                                                           |
|                |   |      |   |                                                                         |   |                                                                                                                                                                                                                                 |
| RSUs                |   | 30%       |   | •  Retention                                                      |   | •  Ultimate value dependent on stock price                                                                                                                                                                                |
|                |   |      |   | •  Stock ownership and capital accumulation                       |   | •  Vest at the end of three years                                                                                                                                                                                         |
|                |   |      |   |                                                                         |   |                                                                                                                                                                                                                                 |
| Performance Awards  |   | 40%       |   | •  Stock price appreciation                                       |   | •  50% Performance Cash Awards: vest at the end of a three-year period based on TSR relative to performance peer group and are paid in cash                                                                               |
|                |   |      |   | •  Stock ownership and capital accumulation for performance units |   | •  50% Performance Units: vest at the end of a three-year period based on EPS performance and are paid in shares of Common Stock (together with accrued cash dividends on                  shares of Common Stock earned) |
|                |   |      |   | •  Motivates achievement of long- term business strategy          |   | •  The actual percentages of the awards that vest range from 0 to 200% of target, based on performance                                                                                                                    |
|                |   |      |   |                                                                              |   |                                                                                                                                                                                                                                      |
|                |   |      |   |                                                                         |   |                                                                                                                                                                                                                                      |

| (1) | Ms. Davidson received 100% of her 2018 long-term incentive awards in the form of RSUs. |
|-----|----------------------------------------------------------------------------------------|

| • | Competitive market median pay levels in the context of target pay as described in the section “Use of                          Market Data and Competitive Compensation Positioning” beginning on page 18; |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| • | The scope of responsibility of the named executive officer relative to the other participants in the long-term incentive program and the relative importance of the                        named executive officer to the Company’s long term success; |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| • | In the case of the named executive officers other than Mr. Kubasik, the long-term incentive award recommendation of Mr. Kubasik; and |
|---------|--------------------------------------------------------------------------------------------------------------------------------------|

| • | The grant date target value of the prior year’s long-term incentive awards and the long-term performance of the named executive officer. |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

|                      |   | 2018 Grant Date Target Value(1)(in thousands) |   |
|---------------------------|--------|-----------------------------------------------|--------|
| Christopher E. Kubasik    |   | $                                             | 9,600  |   |
| Ralph G. D’Ambrosio |   |                                          | 2,700  |   |
| Ann D. Davidson           |   |                                          | 1,000  |   |
| Todd W. Gautier           |   |                                          | 1,300  |   |
| Jeffrey A. Miller         |   |                                          | 1,000  |   |

| (1) | The amounts disclosed exclude the value of long-term incentives granted to Messrs. Kubasik and Miller in                          December 2018, in lieu of being granted in February 2019 as part of their 2019 target pay, to mitigate potential excise taxes that may be applicable under Section 280G of the Internal Revenue Code in connection with the L3 Harris                          Merger.  For a further discussion, see “– Summary of 2019 Target Pay” beginning on page 29. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| • | 50% of these stock options would vest only if L3’s consolidated EPS for the fiscal year ended December 31, 2018 is at least $7.99; and |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------|

| • | 50% of these stock options would vest only if L3’s consolidated FCF for the fiscal year ended December 31, 2018 is at least $765 million. |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| Performance Cash Awards: Relative TSR(50% weighting; denominated and paid in cash) |                                     |    | Performance Units: EPS(50% weighting; denominated and paid in stock) |
|------------------------------------------------------------------------------------|------------------------------------------|---------|----------------------------------------------------------------------|
| Level                                                                              | Relative TSR                             | Payout* |                                                                 |   | Level |  EPS | Payout* |
| Maximum                                                                            | ≥ 75th Percentile                  | 200%    |                                                                 |   | Maximum |  ≥ $33.28 | 200% |
| Target                                                                        |     50th Percentile  | 100%    |                                                                 |   |  |     $31.76 | 150% |
| Threshold                                                                          |     25th Percentile  | 25%     |                                                                 |   | Target |     $30.25 | 100% |
| Below Threshold                                                                    | < 25th Percentile                     | 0%      |                                                                 |   |   |     $28.74 | 75% |
|                                                                               |                                |    |                                                                 |   | Threshold |     $27.23 | 50% |
|                                                                                    |                                     |    | Below Threshold                                                      |  < $27.23 | 0% |
|                                                                               |                                     |    |                                                                 |    |   |
| *Interim points are interpolated.                                                  |                                     |    | *Interim points are interpolated.                                    |
|                               | Performance Peer Group              |                         |
|------------------------------------|-------------------------------------|------------------------------|
| Aerojet Rocketdyne Holdings, Inc.* | FLIR Systems, Inc.                  | Northrop Grumman Corporation |
| BAE Systems                        | General Dynamics Corporation        | Orbital ATK, Inc.            |
| BWX Technologies, Inc.*            | Harris Corporation                  | Raytheon Company             |
| CAE Inc.*                          | Huntington Ingalls Industries, Inc. | Rockwell Collins, Inc.       |
| Cubic Corporation                  | Leidos Holdings, Inc.*              | Teledyne Technologies Inc.   |
| Curtiss-Wright Corporation*        | Lockheed Martin Corporation         | Textron Inc.                 |
| Esterline Technologies Corporation | Moog Inc.*                          |                         |

----

| * | Added to the performance peer group for 2018 |
|---|----------------------------------------------|

----

 Table of Contents

| • | automatically convert into shares of our Common Stock on the vesting date; |
|---------|----------------------------------------------------------------------------|

| • | vest three years from the grant date; and |
|---------|-------------------------------------------|

| • | accumulate cash dividend equivalents payable in a lump sum contingent upon vesting. |
|---------|-------------------------------------------------------------------------------------|

| • | base salary increases of 3% for each named executive officer other than Mr. Miller (who received a base salary increase effective August 2, 2018 in connection with his                        prior promotion to president of our ISR Systems segment); |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| • | a market-based increase in the target value of long-term incentives for Mr. Kubasik; |
|---------|--------------------------------------------------------------------------------------|

| • | an increase in the target value of long-term incentives for Mr. Miller in connection with his prior promotion to president of our ISR Systems segment. |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

|                      |   | Salary(1) |      |   | Target Bonusas % of Salary |   |   | Target Value ofLong-Term Incentives(2) |   |       | Target Pay |   |
|---------------------------|--------|-----------|-----------|--------|----------------------------|--------|--------|----------------------------------------|--------|------------|------------|--------|
| Christopher E. Kubasik    |   | $         | 1,236,000 |   |                       | 130%   |        |                                   | $      | 10,000,000 |       |   | $ | 12,842,800 |   |
| Ralph G. D’Ambrosio |   |      | 752,415   |   |                       | 100%   |        |                                   |   | 2,700,000  |       |   |   | 4,204,830 |   |
| Ann D. Davidson           |   |      | 636,540   |   |                       | 90%    |        |                                   |   | 1,000,000  |       |   |   | 2,209,426 |   |
| Todd W. Gautier           |   |      | 562,689   |   |                       | 100%   |        |                                   |   | 1,300,000  |       |   |   | 2,425,378 |   |
| Jeffrey A. Miller         |   |      | 565,000   |   |                       | 100%   |        |                                   |   | 1,300,000  |       |   |   | 2,430,000 |   |

| (1) | Amounts disclosed in this column represent the annualized base salary established for each named executive officer by the Committee effective February 23, 2019. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | The amounts disclosed in this column include the value of long-term incentives granted to Messrs. Kubasik                          and Miller in December 2018 as further described below. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

----

 Table of Contents

|                      |   | Stock Guideline(multiple of salary) |   |   | Stock Ownership(in dollars) |   |       | Stock Ownership(multiple of salary) |   | Subject toRetention Ratio |
|---------------------------|--------|-------------------------------------|--------|--------|-----------------------------|--------|------------|-------------------------------------|--------|---------------------------|
| Christopher E. Kubasik    |   |                                | 6.0    |   |                        | $      | 10,311,983 |                                |   |                      |   8.6 |   | No |
| Ralph G. D’Ambrosio |   |                                | 3.0    |   |                        |   | 9,791,089  |                                |   |                      | 13.4 |   | No |
| Ann D. Davidson(1)        |   |                                | 3.0    |   |                        |   | 1,558,217  |                                |   |                      |   2.5 |   | Yes |
| Todd W. Gautier(1)        |   |                                | 3.0    |   |                        |   | 1,401,439  |                                |   |                      |   2.6 |   | Yes |
| Jeffrey A. Miller         |   |                                | 3.0    |   |                        |   | 2,014,110  |                                |   |                      |   3.6 |   | No |

| (1) | Ms. Davidson and Mr. Gautier achieved stock ownership in excess of their respective guidelines in February 2019. |
|-----|------------------------------------------------------------------------------------------------------------------|

| • | The award was predicated upon the achievement of financial results that were subsequently the subject of a material restatement of L3’s financial statements; |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| • | The executive’s fraud or willful misconduct was a significant contributing cause to the need for the restatement; and |
|---------|-----------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| • | A smaller award would have been earned under the restated financial results. |
|---------|------------------------------------------------------------------------------|

| • | no business unit carries a significant portion of the Company’s risk profile; |
|---------|-------------------------------------------------------------------------------------|

| • | the Company’s compensation policies and practices are not structured differently from one business unit to another in any material respect; |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------|

| • | incentive compensation expense is not a significant percentage of the Company’s sales; |
|---------|----------------------------------------------------------------------------------------------|

| • | the Company’s compensation programs do not vary significantly from the overall risk and reward structure of the Company; |
|---------|--------------------------------------------------------------------------------------------------------------------------------|

| • | the Company’s long-term incentive awards are intended to align the interests of the Company’s executives and key employees with those of shareholders by linking a                        meaningful portion of their compensation to value creation over a multi-year period (and, with respect to senior executives, by utilizing overlapping performance periods and multiple performance measures such as relative TSR and                        cumulative EPS) to promote sustainable, long-term performance; |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| • | the Company’s annual incentive awards, capped at 200% of target for executive officers, are based upon a variety of financial and nonfinancial performance measures,                        which, in the Company’s view, reward performance without incentivizing inappropriate risk-taking; and |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| • | the Company has policies and procedures that require material compensation programs adopted at the subsidiary and business unit level to be reviewed and approved by                        senior corporate management to, among other things, ensure that none of the Company’s or its subsidiaries’ compensation programs encourage inappropriate risk-taking. |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| For the year ended December 31, (per share amounts) |   | 2018   |   |   | 2017   |   |
|-----------------------------------------------------|--------|--------|--------|--------|--------|--------|
| Diluted earnings per share                          |   | $      | 10.05  |   |   | $      | 9.46 |   |
| 2018 Items                                          |   |   | 0.70   |   |   |   | — |   |
| Diluted earnings per share excluding 2018 Items     |   | $      | 10.75  |   |   | $      | 9.46 |   |
| For the year ended December 31, ($ in millions)                  |   | 2018   |   |   | 2017   |   |
|------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|
| Net cash from operating activities from continuing operations    |   | $      | 1,042  |   |   | $      | 985 |   |
| Less:  Capital expenditures                                 |   |   | (232   | )      |   |   | (224 | ) |
| Plus:  Disposition of property, plant and equipment         |   |   | 3      |   |   |   | 74 |   |
| Plus:  Tax and transaction payments related to divestitures |   |   | 96     |   |   |   | 27 |   |
| Plus:  Merger and acquisition-related payments              |   |   | 26     |   |   |   | — |   |
| Free cash flow                                                   |   | $      | 935    |   |   | $      | 834 |   |

----

 Table of Contents

|   | Robert B. Millard (Chairman) |   |
|--------|------------------------------|--------|
|   | Thomas A. Corcoran           |   |
|   | Lewis Kramer                 |   |
|   | Lloyd W. Newton              |   |

----

 Table of Contents

| Name and Principal Position                                                             |   | Year   |   | Salary($) |      |   | StockAwards(1)(2)($) |      |       | OptionAwards(3)($) |   |      | Non-EquityIncentive PlanCompensation(4)($) |   |   | Change inPension ValueandNonqualifiedDeferredCompensationEarnings(5)($) |      |   | All OtherCompensation(6)($) |      |    | Total(2)($) |   |
|-----------------------------------------------------------------------------------------|--------|--------|--------|-----------|-----------|--------|----------------------|-----------|------------|--------------------|--------|-----------|--------------------------------------------|--------|--------|-------------------------------------------------------------------------|-----------|--------|-----------------------------|-----------|---------|-------------|--------|
| Christopher E. Kubasik (Chairman, Chief Executive Officer and President)                |   | 2018   |   |      | 1,189,808 |   |                 |      | 14,800,073 |               |   |      | 2,880,002                                  |   |   |                                                                    | 6,435,000 |   |                        |      | — |        |   |   | 206,550 |   |   |   | 25,511,433 |   |
|                                                                                    | 2017   |   |   | 927,068   |      |   |                 | 3,199,868 |       |               |   | 3,999,995 |                                       |   |   | 1,589,500                                                               |      |   |                        | —   |    |        |   | 1,228,184 |   |   |   | 10,944,615 |   |
|                                                                                    | 2016   |   |   | 905,365   |      |   |                 | 1,600,074 |       |               |   | 959,999   |                                       |   |   | 1,400,000                                                               |      |   |                        | —   |    |        |   | 232,509 |   |   |   | 5,097,947 |   |
| Ralph G. D’Ambrosio (Senior Vice President and Chief Financial Officer)           |   | 2018   |   |      | 730,500   |   |                 |      | 1,349,850  |               |   |      | 810,016                                    |   |   |                                                                    | 2,275,000 |   |                        |      | 30,901  |        |   |   | 37,607 |   |   |   | 5,233,874 |   |
|                                                                                    | 2017   |   |   | 724,297   |      |   |                 | 1,350,062 |       |               |   | 809,998   |                                       |   |   | 1,411,700                                                               |      |   |                        | 1,206,509 |    |        |   | 40,572 |   |   |   | 5,543,138 |   |
|                                                                                    | 2016   |   |   | 705,015   |      |   |                 | 1,312,479 |       |               |   | 787,501   |                                       |   |   | 960,000                                                                 |      |   |                        | 458,378   |    |        |   | 34,372 |   |   |   | 4,257,745 |   |
| Ann D. Davidson (Senior Vice President and Chief Legal Officer) (7)                     |   | 2018   |   |      | 618,000   |   |                 |      | 1,000,045  |               |   |      | —                                    |   |   |                                                                    | 965,000   |   |                        |      | — |        |   |   | 42,676 |   |   |   | 2,625,721 |   |
|                                                                                    | 2017   |   |   | 612,807   |      |   |                 | 650,057   |       |               |   | 239,988   |                                       |   |   | 850,400                                                                 |      |   |                        | —   |    |        |   | 187,697 |   |   |   | 2,540,949 |   |
| Todd W. Gautier (Senior Vice President and President of Electronic Systems Segment) (8) |   | 2018   |   |      | 532,587   |   |                 |      | 650,029    |               |   |      | 390,001                                    |   |   |                                                                    | 1,223,000 |   |                        |      | 313,510 |        |   |   | 61,657 |   |   |   | 3,170,784 |   |
| Jeffrey A. Miller (Senior Vice President and President of ISR Systems Segment) (8)      |   | 2018   |   |      | 504,850   |   |                 |      | 1,800,030  |               |   |      | 299,995                                    |   |   |                                                                    | 1,215,000 |   |                        |      | — |        |   |   | 51,292 |   |   |   | 3,871,167 |   |

----

| (1) | Represents the grant date fair values of RSUs, RSAs and performance units, which are calculated in accordance with the accounting standards for share-based compensation                    using the price of our Common Stock on the date of grant. For a discussion of the general terms of RSUs and performance units, see “Compensation Discussion and Analysis – Elements of 2018 Target Pay – Long-Term Incentives” beginning on                    page 19. For a discussion of the general terms of RSAs, see “Compensation Discussion and Analysis – Summary of 2019 Target Pay” beginning on page 29. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Name                      |   | Target($) |      |   | Maximum($) |   |
|---------------------------|--------|-----------|-----------|--------|------------|--------|
| Christopher E. Kubasik    |   |      | 1,919,918 |   |       |   | 3,839,836 |   |
| Ralph G. D’Ambrosio |   |      | 539,898   |   |       |   | 1,079,796 |   |
| Ann D. Davidson           |   |      | —   |   |       |   | — |   |
| Todd W. Gautier           |   |      | 259,927   |   |       |   | 519,855 |   |
| Jeffrey A. Miller         |   |      | 200,009   |   |       |   | 400,019 |   |

| (2) | For Messrs. Kubasik and Miller, the amounts reported in the Stock Awards column for 2018 include the grant date fair values of RSAs granted to them in December 2018, in the                    amounts of $10,000,067 and $1,300,007, respectively, as part of their target pay for 2019.  These RSAs were granted in December 2018 (in lieu of being granted in February 2019), and Messrs. Kubasik and Miller were required to make                    elections under Section 83(b) of the Internal Revenue Code to be taxed on the value of such grants in 2018 to mitigate potential excise taxes that may be applicable under Section 280G of the Internal Revenue Code in connection with the                    L3 Harris Merger.  For a further discussion, see “Compensation Discussion and Analysis – Summary of 2019 Target Pay” beginning on page 29.  If these RSAs had been granted in February 2019, the amounts reported for Messrs. Kubasik and                    Miller in the Stock Awards column for 2018 would have been $4,800,006 and $500,023, respectively, and the amounts that would have been reported for them in the Total column for 2018 would have been $15,511,366 and $2,571,160,                    respectively. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| (3) | Represents the grant date fair value of stock options, calculated in accordance with the accounting standards for share-based compensation. See Note 18 to the audited                    consolidated financial statements included in the Initial Form 10-K for a discussion of the assumptions used in calculating equity compensation expense in connection with stock options granted in 2018. For a discussion of the general                    terms of our stock options, see “Compensation Discussion and Analysis – Elements of 2018 Target Pay – Long-Term Incentives – Stock Options” on page 27. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | Amounts reported in this column for 2018 represent: (a) amounts earned under the annual incentive plan for 2018 and (b) amounts earned under performance cash awards whose                    performance period ended during 2018.  The following table provides additional information regarding these amounts. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Name                      |   | Annual Incentive Plan($) |      |   | Performance Cash Awards($) |   |
|---------------------------|--------|--------------------------|-----------|--------|----------------------------|--------|
| Christopher E. Kubasik    |   |                     | 2,595,000 |   |                       |   | 3,840,000 |   |
| Ralph G. D’Ambrosio |   |                     | 1,195,000 |   |                       |   | 1,080,000 |   |
| Ann D. Davidson           |   |                     | 965,000   |   |                       |   | — |   |
| Todd W. Gautier           |   |                     | 703,000   |   |                       |   | 520,000 |   |
| Jeffrey A. Miller         |   |                     | 815,000   |   |                       |   | 400,000 |   |

| (5) | Amounts reported in this column represent the increase in the actuarial value of defined benefit plans and are substantially affected by changes in actuarial assumptions                    made since 2015 as required under GAAP. Actuarial value computations for 2018 are based on assumptions discussed in Note 20 to the audited consolidated financial statements included in the Initial Form 10-K.  Messrs. Kubasik and Miller                    and Ms. Davidson do not participate in any of L3’s defined benefit plans because such plans were generally closed to new participants hired on or after January 1, 2007.  None of the named executive officers earned above-market interest                    on deferred compensation balances for any of the years indicated. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6) | The following table describes each component of the All Other Compensation column for 2018. |
|-----|---------------------------------------------------------------------------------------------|

| Name                      |   | Employer Contribution to Employee Savings Plan(a)($) |   |   | Life Insurance(b)($) |   |   | Medical Insurance Benefits(c)($) |   |   | Other($) |   |   | Total($) |       |
|---------------------------|--------|------------------------------------------------------|--------|--------|----------------------|--------|--------|----------------------------------|--------|--------|----------|--------|--------|----------|------------|
| Christopher E. Kubasik(d) |   |                                                 | 17,000 |   |                 |   | 10,812 |                             |   |   | 15,513   |   |   |     | 163,225(e) |  |   |   | 206,550 |   |
| Ralph G. D’Ambrosio |   |                                                 | 17,000 |   |                 |   | 8,978  |                             |   |   | 11,628   |   |   |     | —    |   |   |   | 37,607 |   |
| Ann D. Davidson           |   |                                                 | 17,000 |   |                 |   | 15,986 |                             |   |   | 9,690    |   |   |     | —    |   |   |   | 42,676 |   |
| Todd W. Gautier           |   |                                                 | 17,000 |   |                 |   | 13,185 |                             |   |   | 14,861   |   |   |     | 16,611(f)  |   |   |   | 61,657 |   |
| Jeffrey A. Miller         |   |                                                 | 17,000 |   |                 |   | 6,066  |                             |   |   | 11,628   |   |   |     | 16,598(g)  |  |   |   | 51,292 |   |

----

|  | (a) | Reflects Company contributions credited to accounts of our named executive officers under the L3 Technologies Master Savings Plan, which is a tax-qualified, 401(k) defined                    contribution plan. |
|--|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (b) | Represents payments of premiums for executive and group term life insurance. |
|--|-----|------------------------------------------------------------------------------|

|  | (c) | Represents payments of premiums for a Company-provided executive medical reimbursement plan. |
|--|-----|----------------------------------------------------------------------------------------------|

----

 Table of Contents

|  | (d) | During fiscal 2018, Mr. Kubasik had access to L3’s fractionally-owned aircraft for occasional personal use.  Mr. Kubasik was required to and did reimburse L3 for all                    incremental costs incurred by L3 in connection with his personal use of the aircraft. |
|--|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (e) | Represents (i) incremental costs of $138,859 associated with a Company car and security driver, including the monthly lease payments, maintenance, gas, tolls, parking and                    all other costs associated with the car, (ii) payments of $19,703 for financial planning services and (iii) payments of $4,663 for relocation expenses. Consistent with our key employee relocation policy applicable to management                    employees generally, the amount for relocation expenses includes a gross-up payment of $1,603 related to the portion of relocation expenses treated as taxable compensation, in order to the make the relocation tax neutral to the                    employee. |
|--|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (f) | Represents payments of $16,611 for financial planning services. |
|--|-----|-----------------------------------------------------------------|

|  | (g) | Represents payments of $16,598 for financial planning services. |
|--|-----|-----------------------------------------------------------------|

| (7) | Ms. Davidson was not considered a named executive officer prior to our 2017 fiscal year. |
|-----|------------------------------------------------------------------------------------------|

| (8) | Messrs. Gautier and Miller were not considered named executive officers prior to our 2018 fiscal year. |
|-----|--------------------------------------------------------------------------------------------------------|

----

 Table of Contents

|                         |      |   |           |   | Estimated Future PayoutsUnder Non-Equity IncentivePlanAwards |    |   | Estimated Future PayoutsUnder Equity Incentive PlanAwards |   |      | All OtherStockAwards:Number ofShares of |   |   | All OtherOptionAwards:Number ofSecurities |   |   | Exerciseor BasePrice of |   |   | Grant DateFairValue ofStock and |   |
|------------------------------|-----------|--------|-----------|--------|--------------------------------------------------------------|---------|--------|-----------------------------------------------------------|--------|-----------|-----------------------------------------|--------|--------|-------------------------------------------|--------|--------|-------------------------|--------|--------|---------------------------------|--------|
|                              | GrantType |   | GrantDate |   | Threshold($)                                                 |    |   | Target($)                                                 |   |      | Maximum($)                              |   |   | Threshold(#)                              |   |   | Target(#)               |   |   | Maximum(#)                      |   |   | Stock or Units(#) |   |   | UnderlyingOptions(#) |   |   | OptionAwards($/Sh) |   |   | OptionAwards($) |   |
| Christopher E. Kubasik  | AIP(1)    |   |      |   |                                                         | — |   |                                                      |   | 1,560,000 |                                    |   |   | 3,120,000                                 |   |   |                    |   |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                         | PCA (2)   |   | 2/20/18   |   |                                                         | 480,000 |   |                                                      |   | 1,920,000 |                                    |   |   | 3,840,000                                 |   |   |                    |   |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                              | PU(3)     |   | 2/20/18   |   |                                                         |    |   |                                                      |   |      |                                    |   |   |                                      |   |   |                    | 4,550  |   |                            |   | 9,100 |   |   |   | 18,200 |   |   |   |   |   |   |   |   |   |   |   |   | 1,919,918 |   |
|                         | RSU(4)    |   | 2/20/18   |   |                                                         |    |   |                                                      |   |      |                                    |   |   |                                      |   |   |                    |   |   |                            |   |   |   |   |   |   |   |   | 13,651 |   |   |   |   |   |   |   |   |   | 2,880,088 |   |
|                              | Option(5) |   | 2/20/18   |   |                                                         |    |   |                                                      |   |      |                                    |   |   |                                      |   |   |                    | 37,374 |   |                            |   | 74,747 |   |   |   | 74,747 |   |   |   |   |   |   |   |   |   |   | 210.98 |   |   |   | 2,880,002 |   |
|                         | RSA(6)    |   | 12/14/18  |   |                                                         |    |   |                                                      |   |      |                                    |   |   |                                      |   |   |                    |   |   |                            |   |   |   |   |   |   |   |   |   | 52,277 |   |   |   |   |   |   |   |   |   |   | 10,000,067 |   |
| Ralph G. D’Ambrosio    | AIP(1)    |   |      |   |                                                         | — |   |                                                      |   | 730,500   |                                    |   |   | 1,461,000                                 |   |   |                    |   |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                              | PCA(2)    |   | 2/20/18   |   |                                                         | 135,000 |   |                                                      |   | 540,000   |                                    |   |   | 1,080,000                                 |   |   |                    |   |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                         | PU(3)     |   | 2/20/18   |   |                                                         |    |   |                                                      |   |      |                                    |   |   |                                      |   |   |                    | 1,279  |   |                            |   | 2,559 |   |   |   | 5,118 |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 539,898 |   |
|                              | RSU(4)    |   | 2/20/18   |   |                                                         |    |   |                                                      |   |      |                                    |   |   |                                      |   |   |                    |   |   |                            |   |   |   |   |   |   |   |   |   | 3,839 |   |   |   |   |   |   |   |   |   |   | 809,952 |   |
|                         | Option(5) |   | 2/20/18   |   |                                                         |    |   |                                                      |   |      |                                    |   |   |                                      |   |   |                    |   |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   | 21,023 |   |   |   | 210.98 |   |   |   | 810,016 |   |
| Ann D. Davidson              | AIP(1)    |   |      |   |                                                         | — |   |                                                      |   | 556,200   |                                    |   |   | 1,112,400                                 |   |   |                    |   |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                              | RSU(4)    |   | 2/20/18   |   |                                                         |    |   |                                                      |   |      |                                    |   |   |                                      |   |   |                    |   |   |                            |   |   |   |   |   |   |   |   |   | 4,740 |   |   |   |   |   |   |   |   |   |   |   | 1,000,045 |   |
| Todd W. Gautier              | AIP(1)    |   |      |   |                                                         | — |   |                                                      |   | 546,300   |                                    |   |   | 1,092,600                                 |   |   |                    |   |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                              | PCA(2)    |   | 2/20/18   |   |                                                         | 65,000  |   |                                                      |   | 260,000   |                                    |   |   | 520,000                                   |   |   |                    |   |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                              | PU(3)     |   | 2/20/18   |   |                                                         |    |   |                                                      |   |      |                                    |   |   |                                      |   |   |                    | 616    |   |                            |   | 1,232 |   |   |   | 2,464 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 259,927 |   |
|                              | RSU(4)    |   | 2/20/18   |   |                                                         |    |   |                                                      |   |      |                                    |   |   |                                      |   |   |                    |   |   |                            |   |   |   |   |   |   |   |   |   | 1,849 |   |   |   |   |   |   |   |   |   |   |   | 390,102 |   |
|                              | Option(5) |   | 2/20/18   |   |                                                         |    |   |                                                      |   |      |                                    |   |   |                                      |   |   |                    |   |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   | 10,122 |   |   |   | 210.98 |   |   |   | 390,001 |   |
| Jeffrey A. Miller            | AIP(1)    |   |      |   |                                                         | — |   |                                                      |   | 520,804   |                                    |   |   | 1,041,608                                 |   |   |                    |   |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                              | PCA(2)    |   | 2/20/18   |   |                                                         | 50,000  |   |                                                      |   | 200,000   |                                    |   |   | 400,000                                   |   |   |                    |   |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                              | PU(3)     |   | 2/20/18   |   |                                                         |    |   |                                                      |   |      |                                    |   |   |                                      |   |   |                    | 474    |   |                            |   | 948 |   |   |   | 1,896 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 200,009 |   |
|                              | RSU(4)    |   | 2/20/18   |   |                                                         |    |   |                                                      |   |      |                                    |   |   |                                      |   |   |                    |   |   |                            |   |   |   |   |   |   |   |   |   | 1,422 |   |   |   |   |   |   |   |   |   |   |   | 300,014 |   |
|                              | Option(5) |   | 2/20/18   |   |                                                         |    |   |                                                      |   |      |                                    |   |   |                                      |   |   |                    |   |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   | 7,786 |   |   |   | 210.98 |   |   |   | 299,995 |   |
|                              | RSA(6)    |   | 12/14/18  |   |                                                         |    |   |                                                      |   |      |                                    |   |   |                                      |   |   |                    |   |   |                            |   |   |   |   |   |   |   |   |   | 6,796 |   |   |   |   |   |   |   |   |   |   |   | 1,300,007 |   |

----

| (1) | Represents the Threshold, Target and Maximum cash payout opportunities for fiscal 2018 under the annual incentive plan. For a further discussion of the payout                    opportunities, see “Compensation Discussion and Analysis – Elements of 2018 Target Pay – Annual Incentives” beginning on page 20. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Represents long-term performance cash awards granted to the named executive officers. The final value of each award will vary based upon L3’s relative TSR achieved over the                    three-year performance period beginning January 1, 2018 and ending December 31, 2020 in relation to TSR performance requirements established by the Compensation Committee of our Board (the “Committee”) in February 2018. The amounts                    disclosed in the Estimated Future Payouts Under Non-Equity Incentive Plan Awards columns represent the amounts of cash to be paid assuming achievement of the specific Threshold, Target or Maximum levels of performance established by the                    Committee for these awards over the performance period. See “Compensation Discussion and Analysis – Elements of 2018 Target Pay – Long-Term Incentives – Performance Awards” beginning on page 27 for a further discussion of the                    performance cash awards. See “– Potential Payments Upon Change in Control or Termination of Employment – Effect of Change in Control or Termination of Employment Upon Long-Term Incentive Awards” beginning on page 51 for a discussion                    concerning the effect of a change in control or termination of employment on outstanding performance cash awards. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Represents performance units granted to the named executive officers, which are payable in shares of our Common Stock at the end of the performance period. The final number                    of shares of our Common Stock issuable for each unit will vary based upon L3’s EPS achieved over the three-year performance period beginning January 1, 2018 and ending December 31, 2020 in relation to EPS performance requirements                    established by the Committee in February 2018. The amounts disclosed in the Estimated Future Payouts Under Equity Incentive Plan Awards columns represent the number of shares of our Common Stock issuable assuming achievement of the                    specific Threshold, Target or Maximum levels of performance established by the Committee for these units over the performance period. The amounts disclosed in the Grant Date Fair Value of Stock and Option Awards column represent the                    grant date fair values of the performance unit awards assuming that the Target level of performance for the awards is achieved, as calculated in accordance with the accounting standards for share-based compensation. See “Compensation                    Discussion and Analysis – Elements of 2018 Target Pay – Long-Term Incentives – Performance Awards” beginning on page 27 for a further discussion of the performance units. See “– Potential Payments Upon Change in Control or Termination                    of Employment – Effect of Change in Control or Termination of Employment Upon Long-Term Incentive Awards” beginning on page 51 for a discussion concerning the effect of a change in control or termination of employment on outstanding                    performance units. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| (4) | Represents RSUs granted to the named executive officers, which vest three years after the grant date. The amounts disclosed in the Grant Date Fair Value of Stock and Option                    Awards column represent the grant date fair values of the RSU awards, as calculated in accordance with the accounting standards for share-based compensation. For a further discussion of our RSUs, see “Compensation Discussion and                    Analysis – Elements of 2018 Target Pay – Long-Term Incentives – RSUs” on page 29. For a discussion concerning the effect of a change in control or termination of employment on outstanding RSUs, see “– Potential Payments Upon Change in                    Control or Termination of Employment – Effect of Change in Control or Termination of Employment Upon Long-Term Incentive Awards” beginning on page 51. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | Represents stock options granted to the named executive officers. The awards have an exercise price equal to the closing price of our Common Stock on the grant date and                    provide value to the recipient only if the price of our Common Stock increases after the grant date. Stock options have a term of ten years and vest in equal, annual increments over a three-year period starting with the first                    anniversary of the grant date and, in the case of the options granted to Mr. Kubasik, are also subject to two separate vesting conditions based on L3’s 2018 financial                    performance, which include L3 achieving consolidated EPS of at least $7.99 and consolidated FCF of at least $765 million, calculated on the same basis as the pre-established methodology used to calculate these measures under the annual                    incentive plan for fiscal 2018 performance.  With regard to the options granted to Mr. Kubasik, the Threshold level of performance reported in the table above assumes the satisfaction of only one of the financial performance conditions,                    while the Target and Maximum levels of performance reported in the table above assume the satisfaction of both financial performance conditions.  The amounts disclosed in the Grant Date Fair Value of Stock and Option Awards column                    represent the grant date fair values of the option awards, as calculated in accordance with the accounting standards for share-based compensation. With regard to the options granted to Mr. Kubasik, the amount disclosed in the Grant Date                    Fair Value of Stock and Option Awards column assumes that both of the financial performance conditions of his award are satisfied.  For a further discussion of the stock options, see “Compensation Discussion and Analysis – Elements of                    2018 Target Pay – Long-Term Incentives – Stock Options” on page 27. For a discussion concerning the effect of a change in control or termination of employment on outstanding stock option awards, see “‐ Potential Payments Upon Change in Control or Termination of Employment – Effect of Change in Control or Termination of Employment Upon Long-Term Incentive Awards” beginning on page 51. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6) | Represents RSAs granted to Messrs. Kubasik and Miller in December 2018 as part of their target pay for 2019.  These RSAs were granted in December 2018 (in lieu of being                    granted in February 2019), and Messrs. Kubasik and Miller were required to make elections under Section 83(b) of the Internal Revenue Code to be taxed on the value of such grants in 2018, to mitigate potential excise taxes that may be                    applicable under Section 280G of the Internal Revenue Code in connection with the L3 Harris Merger.  The taxes payable by Messrs. Kubasik and Miller in connection with their Section 83(b) elections were satisfied through withholding                    from the shares subject to their RSAs.  For a further discussion, see Note 1 to the “2018 Option Exercises and Stock Vested” table on page 43.  The RSAs otherwise vest three years after the grant date.  The amounts disclosed in the                    Grant Date Fair Value of Stock and Option Awards column represent the grant date fair values of the RSAs, as calculated in accordance with the accounting standards for share-based compensation.  For a further discussion of the RSAs, see                    “Compensation Discussion and Analysis – Summary of 2019 Target Pay” beginning on page 29.  For a discussion concerning the effect of a change in control or termination of employment on outstanding RSAs, see “– Potential Payments Upon                    Change in Control or Termination of Employment – Effect of Change in Control or Termination of Employment Upon Long-Term Incentive Awards” beginning on page 51. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

|                            |   |    |   | Option Awards                                                       |    |   | Stock Awards                                                          |   |
|---------------------------------|--------|--------------|--------|---------------------------------------------------------------------|---------|--------|-----------------------------------------------------------------------|--------|
| Name                            |   | GrantDate    |   | Number ofSecuritiesUnderlyingUnexercisedOptions(#)Exercisable(1)(2) |    |   | Number of Securities UnderlyingUnexercised Options(#)Unexercisable(2) |   |   | OptionExercisePrice(1)($) |   |   | OptionExpirationDate |   |   | Number ofShares orUnits ofStockThat HaveNotVested(3)(4)(#) |   |   | MarketValue ofShares orUnits ofStock ThatHave NotVested(5)($) |   |   | EquityIncentivePlanAwards:Number ofUnearnedShares,Units orOtherRights ThatHave NotVested(6)(#) |   |   | EquityIncentivePlan Awards:Market orPayout Valueof UnearnedShares,Units orOther RightsThat HaveNot Vested(5)($) |   |
| Christopher E. Kubasik          |   | 12/14/18     |   |                                                                | — |   |                                                                  |   | — |   |   |   | — |   |   | — |   |   |   | 24,455 |   |   |   | 4,246,855 |   |   |   |   |   |   |   |
|                                 |   | 2/20/18      |   |                                                                | — |   |                                                                  |   | 74,747 |   |   |   | 210.98 |   |   | 2/20/28 |   |   |   | 13,651 |   |   |   | 2,370,633 |   |   |   | 18,200 |   |   |   | 3,160,612 |   |
|                                 |   | 12/20/17     |   |                                                                | — |   |                                                                  |   | 86,260 |   |   |   | 194.10 |   |   | 12/20/27 |   |   |   | 6,182 |   |   |   | 1,073,566 |   |   |   |   |   |   |   |   |   |
|                                 |   | 2/21/17      |   |                                                                | 14,519  |   |                                                                  |   | 29,038 |   |   |   | 168.80 |   |   | 2/21/27 |   |   |   | 7,109 |   |   |   | 1,234,549 |   |   |   | 9,478 |   |   |   | 1,645,949 |   |
|                                 |   | 2/16/16      |   |                                                                | 39,072  |   |                                                                  |   | 19,536 |   |   |   | 116.20 |   |   | 2/16/26 |   |   |   | 8,262 |   |   |   | 1,434,779 |   |   |   |   |   |   |   |   |   |
|                                 |   | 10/30/15     |   |                                                                | 50,968  |   |                                                                  |   | — |   |   |   | 126.40 |   |   | 10/30/25 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ralph G. D’Ambrosio  |   | 2/20/18      |   |                                                                | — |   |                                                                  |   | 21,023 |   |   |   | 210.98 |   |   | 2/20/28 |   |   |   | 3,839 |   |   |   | 666,681 |   |   |   | 5,118 |   |   |   | 888,792 |   |
|                                 |   | 2/21/17      |   |                                                                | 9,800   |   |                                                                  |   | 19,601 |   |   |   | 168.80 |   |   | 2/21/27 |   |   |   | 4,799 |   |   |   | 833,394 |   |   |   | 6,398 |   |   |   | 1,111,077 |   |
|                                 |   | 2/16/16      |   |                                                                | 32,051  |   |                                                                  |   | 16,026 |   |   |   | 116.20 |   |   | 2/16/26 |   |   |   | 6,777 |   |   |   | 1,176,894 |   |   |   |   |   |   |   |   |   |
|                                 |   | 2/17/15      |   |                                                                | 36,729  |   |                                                                  |   | — |   |   |   | 129.31 |   |   | 2/17/25 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                 |   | 2/19/14      |   |                                                                | 37,850  |   |                                                                  |   | — |   |   |   | 113.67 |   |   | 2/19/24 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                 |   | 2/20/13      |   |                                                                | 62,086  |   |                                                                  |   | — |   |   |   | 77.00 |   |   | 2/20/23 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                 |   | 2/22/12      |   |                                                                | 16,978  |   |                                                                  |   | — |   |   |   | 67.49 |   |   | 2/22/22 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                 |   | 2/24/11      |   |                                                                | 39,262  |   |                                                                  |   | — |   |   |   | 76.82 |   |   | 2/24/21 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                 |   | 2/23/10      |   |                                                                | 36,144  |   |                                                                  |   | — |   |   |   | 86.41 |   |   | 2/23/20 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ann D. Davidson                 |   | 2/20/18      |   |                                                                | — |   |                                                                  |   | — |   |   |   | — |   |   | — |   |   |   | 4,740 |   |   |   | 823,148 |   |   |   |   |   |   |   |   |   |
|                                 |   | 2/21/17      |   |                                                                | 2,903   |   |                                                                  |   | 5,808 |   |   |   | 168.80 |   |   | 2/21/27 |   |   |   | — |   |   |   | — |   |   |   | 1,896 |   |   |   | 329,259 |   |
|                                 |   | 8/15/16      |   |                                                                | 5,810   |   |                                                                  |   | 2,905 |   |   |   | 150.37 |   |   | 8/15/26 |   |   |   | 1,330 |   |   |   | 230,968 |   |   |   |   |   |   |   |   |   |
| Todd W. Gautier                 |   | 2/20/18      |   |                                                                | — |   |                                                                  |   | 10,122 |   |   |   | 210.98 |   |   | 2/20/28 |   |   |   | 1,849 |   |   |   | 321,097 |   |   |   | 2,464 |   |   |   | 427,898 |   |
|                                 |   | 2/21/17      |   |                                                                | 3,992   |   |                                                                  |   | 7,986 |   |   |   | 168.80 |   |   | 2/21/27 |   |   |   | 1,955 |   |   |   | 339,505 |   |   |   | 2,606 |   |   |   | 452,558 |   |
|                                 |   | 2/16/16      |   |                                                                | 6,526   |   |                                                                  |   | 3,264 |   |   |   | 116.20 |   |   | 2/16/26 |   |   |   | 1,162 |   |   |   | 201,793 |   |   |   |   |   |   |   |   |   |
|                                 |   | 2/17/15      |   |                                                                | 7,438   |   |                                                                  |   | — |   |   |   | 129.31 |   |   | 2/17/25 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Jeffrey A. Miller               |   | 12/14/18     |   |                                                                | — |   |                                                                  |   | — |   |   |   | — |   |   | — |   |   |   | 4,121 |   |   |   | 715,653 |   |   |   |   |   |   |   |   |   |
|                                 |   | 2/20/18      |   |                                                                | — |   |                                                                  |   | 7,786 |   |   |   | 210.98 |   |   | 2/20/28 |   |   |   | 1,422 |   |   |   | 246,945 |   |   |   | 1,896 |   |   |   | 329,259 |   |
|                                 |   | 2/21/17      |   |                                                                | 3,266   |   |                                                                  |   | 6,534 |   |   |   | 168.80 |   |   | 2/21/27 |   |   |   | 1,600 |   |   |   | 277,856 |   |   |   | 2,132 |   |   |   | 370,243 |   |
|                                 |   | 2/16/16      |   |                                                                | 5,801   |   |                                                                  |   | 2,901 |   |   |   | 116.20 |   |   | 2/16/26 |   |   |   | 1,033 |   |   |   | 179,391 |   |   |   |   |   |   |   |   |   |
|                                 |   | 2/17/15      |   |                                                                | 6,612   |   |                                                                  |   | — |   |   |   | 129.31 |   |   | 2/17/25 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

| (1) | In connection with our spin-off of Engility Holdings, Inc. on July 17, 2012, the number of shares subject to then outstanding option awards, and the exercise                    price for the option awards, were adjusted to maintain the intrinsic value of each award as required pursuant to the terms of the stock-based compensation plans under which they were issued. The awards otherwise retained the original                    terms and conditions after adjustment, except in the case of financial performance conditions, which were also adjusted to reflect the spin-off. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Stock options generally vest in equal, annual increments over a three-year period starting with the first anniversary of the grant date, except that the options granted to                    Mr. Kubasik on December 20, 2017 vest three years after the grant date.  The options granted to Mr. Kubasik in 2018 are also subject to performance-based vesting conditions that have been fully satisfied. For a further discussion, see                    “Compensation Discussion and Analysis – Elements of 2018 Target Pay – Long-Term Incentives – Stock Options” on page 27. For a discussion concerning the effect of a change in control or termination of employment on outstanding stock                    option awards, see “– Potential Payments Upon Change in Control or Termination of Employment – Effect of Change in Control or Termination of Employment Upon Long–Term Incentive Awards” beginning on page 51. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| (3) | In the case of awards granted prior to December 2018, represents RSUs, which generally vest three years after the grant date.  The RSUs granted during or prior to 2017 are                    also subject to performance-based forfeiture conditions that have been fully satisfied. For a further discussion, see “Compensation Discussion and Analysis – Satisfaction of Performance-Based Vesting Conditions for 2017 RSU Awards”                    beginning on page 29. On the vesting date, each RSU generally converts into the right to receive one share of our Common Stock. For a discussion concerning the effect of a change in control or termination of employment on outstanding                    RSU awards, see “– Potential Payments Upon Change in Control or Termination of Employment – Effect of Change in Control or Termination of Employment Upon Long-Term Incentive Awards” beginning on page 51. For a further discussion                    concerning the effect of retirement eligibility on outstanding RSU awards, see Note 1 to the “2018 Option Exercises and Stock Vested” table on page 43. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | In the case of awards granted on December 14, 2018, represents RSAs granted to Messrs. Kubasik and Miller as part of their target pay for 2019.  For a further discussion of                    these awards, see Note 6 to the “2018 Grants of Plan-Based Awards” table beginning on page 39.  For a discussion concerning the effect of a change in control or termination of employment on outstanding RSAs, see “– Potential Payments                    Upon Change in Control or Termination of Employment – Effect of Change in Control or Termination of Employment Upon Long-Term Incentive Awards” beginning on page 51. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | The market value is based on the closing price of our Common Stock on December 31, 2018 of $173.66, multiplied by the number of shares or units, and does not include                    accumulated cash dividend equivalents payable upon the vesting of RSUs, RSAs or performance units, as applicable. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6) | Reflects the number of shares of our Common Stock issuable under performance units granted in 2018 and 2017 assuming achievement of the Maximum level of performance for                    these units. The Maximum level of performance is reported for the performance units because the Company’s performance from the beginning of the applicable performance period (January 1, 2018 for the units granted in 2018 and January 1,                    2017 for the units granted in 2017) through December 31, 2018, measured against the applicable performance goals, exceeded the Target level of performance. For a further discussion of our performance units, see “Compensation Discussion                    and Analysis – Elements of 2018 Target Pay – Long-Term Incentives – Performance Awards” beginning on page 27. For a discussion concerning the effect of a change in control or termination of employment on performance unit awards, see “–                    Potential Payments Upon Change in Control or Termination of Employment – Effect of Change in Control or Termination of Employment Upon Long-Term Incentive Awards” beginning on page 51. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

|                      |   | Option Awards                                 |    |   | Stock Awards                  |   |
|---------------------------|--------|-----------------------------------------------|---------|--------|-------------------------------|--------|
| Name                      |   | Number of Shares Acquired on Exercise(#) |    |   | Value Realized on Exercise($) |   |   | Number of Shares Acquired on Vesting(1)(#) |   |   | Value Realized on Vesting(2)($) |   |
| Christopher E. Kubasik    |   |                                          | — |   |                          |   | — |   |   |   | 38,838 |   |   |   | 7,419,610 |   |
| Ralph G. D’Ambrosio |   |                                          | — |   |                          |   | — |   |   |   | 14,836 |   |   |   | 2,803,954 |   |
| Ann D. Davidson           |   |                                          | — |   |                          |   | — |   |   |   | 2,710 |   |   |   | 515,610 |   |
| Todd W. Gautier           |   |                                          | — |   |                          |   | — |   |   |   | 2,594 |   |   |   | 491,430 |   |
| Jeffrey A. Miller         |   |                                          | — |   |                          |   | — |   |   |   | 4,979 |   |   |   | 971,265 |   |

----

| (1) | The following table provides additional information regarding the Number of Shares Acquired on Vesting. |
|-----|---------------------------------------------------------------------------------------------------------|

| Name                      |   | Award Type                 |   | Vesting Date |   | Number of Shares Acquired on Vesting(#) |   |
|---------------------------|--------|----------------------------|--------|--------------|--------|-----------------------------------------|--------|
| Christopher E. Kubasik    |   | Restricted Stock Awards(a) |   | 12/14/18     |   |                                    | 27,822 |   |
|                           |   | Performance Units(b)       |   | 12/14/18     |   |                                    | 10,465 |   |
|                           |   | Performance Units(b)       |   | 12/31/18     |   |                                    | 551    |   |
| Ralph G. D’Ambrosio |   | Restricted Stock Units     |   | 2/17/18      |   |                                    | 5,800  |   |
|                           |   | Performance Units          |   | 12/31/18     |   |                                    | 9,036  |   |
| Ann D. Davidson           |   | Restricted Stock Units(c)  |   | 2/22/18      |   |                                    | 1,422  |   |
|                           |   | Restricted Stock Units(c)  |   | 12/21/18     |   |                                    | 1,288  |   |
| Todd W. Gautier           |   | Restricted Stock Units     |   | 2/17/18      |   |                                    | 1,044  |   |
|                           |   | Performance Units          |   | 12/31/18     |   |                                    | 1,550  |   |
| Jeffrey A. Miller         |   | Restricted Stock Units     |   | 2/17/18      |   |                                    | 928    |   |
|                           |   | Restricted Stock Awards(a) |   | 12/14/18     |   |                                    | 2,675  |   |
|                           |   | Performance Units(b)       |   | 12/14/18     |   |                                    | 1,307  |   |
|                           |   | Performance Units(b)       |   | 12/31/18     |   |                                    | 69     |   |

|  | (a) | Represents shares withheld to satisfy taxes payable by Messrs. Kubasik and Miller under Section 83(b) of the Internal Revenue Code in accordance with their elections to be                    taxed on the value of their RSA grants in 2018.  For a further discussion, see “Compensation Discussion and Analysis – Summary of 2019 Target Pay” beginning on page 29. |
|--|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

|  | (b) | To mitigate potential excise taxes that may be applicable under Section 280G of the Internal Revenue Code in connection with the L3 Harris Merger, on December 14, 2018, the                    Committee approved the immediate vesting and settlement of 10,465 and 1,307 shares of our Common Stock for Messrs. Kubasik and Miller, respectively, representing 95% of the shares that they were expected to earn based on anticipated                    results for their performance units for the three-year performance period ended December 31, 2018.  This accelerated distribution was subject to clawback in the event that the final number of shares determined to have been earned as of                    December 31, 2018 (based on actual performance for the three-year period ended December 31, 2018) was less than the number of shares previously distributed.  In February 2019, the Committee determined that the final number of shares                    earned as of December 31, 2018 exceeded the number of shares previously distributed, and distributed these remaining shares in February 2019. |
|--|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (c) | On February 22, 2018 and December 21, 2018, Ms. Davidson became eligible for qualified retirement under the terms of RSUs granted to her on February 21, 2017 and December                    20, 2017, respectively. The shares underlying these RSU awards are deemed to have vested on the dates on which Ms. Davidson became eligible for qualified retirement thereunder. However, in accordance with the terms of the RSUs, the                    underlying shares will not be delivered until the three-year anniversary of the respective dates on which the RSUs were granted, unless accelerated due to death, disability or a change in control. For a further discussion, see the “2018                    Nonqualified Deferred Compensation” table beginning on page 47, including Note 10 to such table, and “ – Potential Payments Upon Change in Control or Termination of Employment–Effect of Change of Control or Termination of Employment                    Upon Long–Term Incentive Awards” beginning on page 51. |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Value realized on vesting is based on the fair market value of the shares at the time of vesting and includes the value of payments in lieu of fractional shares. The                    amounts in this column do not include accrued cash dividends realized on vesting. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| Name                         |   | Plan Name                                                      |   |   | Number of Years Credited Service (#) |    |   | Present Value of Accumulated Benefit(1)($) |   |      | Payments During Last Fiscal Year ($) |   |
|------------------------------|--------|----------------------------------------------------------------|--------|--------|--------------------------------------|---------|--------|--------------------------------------------|--------|-----------|--------------------------------------|--------|
| Christopher E. Kubasik(2)    |   | —                                                        |   |   |                                 | — |   |                                       |   | —   |                                 |   |   | — |   |
| Ralph G. D’Ambrosio(3) |   | L3 Technologies, Inc. Pension Plan(4)                          |   |   |                                 | 21.42   |   |                                       |   | 698,091   |                                 |   |   | — |   |
|                         |   | L3 Technologies, Inc. SupplementalExecutive Retirement Plan(5) |   |   |                                 | 21.42   |   |                                       |   | 3,683,121 |                                 |   |   | — |   |
| Ann D.Davidson(2)            |   | —                                                        |   |   |                                 | — |   |                                       |   | —   |                                 |   |   | — |   |
| Todd W. Gautier(6)           |   | L3 Link Simulation and Training Retirement Plan(7)             |   |   |                                 | 17.17   |   |                                       |   | 503,529   |                                 |   |   | — |   |
|                         |   | L3 Technologies, Inc. SupplementalExecutive Retirement Plan(5) |   |   |                                 | 17.17   |   |                                       |   | 1,244,566 |                                 |   |   | — |   |
| Jeffrey A. Miller(2)         |   | —                                                        |   |   |                                 | — |   |                                       |   | —   |                                 |   |   | — |   |

----

| (1) | The present values of the accumulated benefits in the table were determined using the same assumptions that were used by L3 as of December 31, 2018 for financial reporting                    purposes, including an effective discount rate of 4.48% and post-retirement mortality in accordance with the RP-2014 table (adjusted back to 2006), with mortality rates generally reduced by 10%, projected generationally with the 2017                    Social Security Administration Intermediate-Cost Projections Scale. We used age 65, the normal retirement age under the pension plans and the supplemental executive retirement plan (or current age, if greater), to determine the present                    value of the accumulated benefits in the table. For the other assumptions used in calculating the present value of the accumulated benefits, see Note 20 to the audited consolidated financial statements included in the Initial Form 10-K. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | None of Messrs. Kubasik and Miller nor Ms. Davidson participates in any of our defined benefit plans because these plans were generally closed to new participants hired on                    or after January 1, 2007. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Mr. D’Ambrosio has not yet met the eligibility requirements for early retirement under the retirement plans in which he participates. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | Employees are eligible to participate in the L3 Technologies, Inc. Pension Plan  (the “Corporate Pension Plan”) after one year of service and upon attaining 21 years of                    age; however, employees hired on or after January 1, 2007 are not eligible to participate in the Corporate Pension Plan.  Participants are fully vested after five years of service, and there is no partial vesting.  Participants are                    eligible for early retirement benefits after age 55, if they have ten years of eligibility service.  The annual pension benefit is equal to 1.5% of Final Average Earnings (up to Covered Compensation), plus 1.75% of Final Average                    Earnings in excess of Covered Compensation, for each plan year (partial and completed months) of accrual service; provided, that no accrual service is credited after December 31, 2018.  For those participants who are eligible to retire                    early, the early retirement reduction factor is 1/180 for each of the first 60 months prior to age 65 and 1/360 for each of the next 60 months.  The Corporate Pension Plan provides for a number of payment options including a single life                    annuity (normal form for single participants), a qualified 50% joint and survivor annuity (normal form for married participants), other joint and survivor options, period-certain and continuous options, and a level income option.  For                    purposes of the above description: (1) “Covered Compensation” is equal to the average of the Social Security Wage Bases for 35 calendar years ending with the year the participant attains Social Security retirement age; however, upon                    separation for service, Covered Compensation is determined as of the date of separation; (2) “Earnings” are defined as base pay, overtime, commissions and performance-based cash bonuses (excluding long-term incentive awards payable in                    cash) and are limited to the IRS earnings limit of $275,000 in 2018 and $280,000 in 2019; (3) “Final Average Earnings” is equal to the average of the participant’s earnings for the five calendar years during the ten calendar years prior                    to date of termination that result in the highest average earnings amount, but not less than the Final Average Earnings as of December 31, 2018; and (4) “Social Security Wage Base” means the wage level at which social security tax is                    applied for a given year. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| (5) | The provisions of the L3 Technologies, Inc. Supplemental Executive Retirement Plan (the “SERP”) generally mirror the provisions of the tax-qualified pension plans (the                    “Qualified Pension Plans”) under which each participant accrues a benefit. However, the SERP takes into consideration earnings above the annual IRS earnings limit and provides a non-qualified benefit to those participants based on those                    earnings in excess of the IRS limit or the benefit limits under Section 415 of the Internal Revenue Code. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6) | Mr. Gautier is eligible for early retirement under the retirement plans in which he participates. |
|-----|---------------------------------------------------------------------------------------------------|

| (7) | Employees are eligible to participate in the L3 Link Simulation and Training Retirement Plan (the “Link Pension Plan”) if (a) they participated in a specific component of                    the Raytheon Pension Plan on February 10, 2000 and became employees of L3 Link Training and Simulation on February 11, 2000, (b) they were an employee of Raytheon on February 10, 2000 and became a full-time employee of L3 Link Training and Simulation after February 11, 2000 but on or before August 31, 2000 or (c) they were hired before January 1, 2007 in a                    pension eligible organization and have met the one year of service requirement to participate in the Link Pension Plan. Employees hired on or after January 1, 2007 are not eligible to participate in the Link Pension Plan.  Participants                    are fully vested after five years of service, and there is no partial vesting.  Participants are eligible for early retirement benefits after age 55, if they have five years of eligibility service.  The annual pension benefit is equal                    to 1.5% of Final Average Earnings, less 0.6% of Final Average Earnings up to Covered Compensation, for each plan year (partial and completed months) of benefit service up to 35 years, plus 0.5% of Final Average Earnings for each plan                    year (partial and completed months) of benefit service in excess of 35 years; provided, that no benefit service is credited after December 31, 2018.  For those participants that are eligible to retire early, the early retirement                    reduction factor is the smaller of (a) the actuarial equivalent or (b) 6% for each year prior to the participant’s normal retirement date for Social Security purposes. Unreduced early retirement is available if retirement is within                    three years prior to Social Security normal retirement age and following 10 years of continuous service.  The Link Pension Plan provides for a number of payment options including a single life annuity (normal form for single                    participants), a qualified 50% joint and survivor annuity (normal form for married participants), other joint and survivor options, a period-certain and continuous option, a period-certain option, and a level income option.  For                    purposes of the above description, (1) “Covered Compensation” is equal to the average of the Social Security Wage Bases for 35 calendar years ending with the year the participant attains Social Security retirement age; however, upon                    separation for service, Covered Compensation is determined as of the date of separation; (2) “Earnings” are defined as base pay, overtime, and performance-based cash bonuses (excluding long-term incentive awards payable in cash), and                    are limited to the IRS earnings limit of $275,000 in 2017 and $280,000 in 2018;  (3) “Final Average Earnings” is equal to the average of the participant’s earnings for the five calendar years during the ten calendar years prior to date                    of termination that result in the highest average earnings amount, but not less than the Final Average Earnings as of December 31, 2018; and (4) “Social Security Wage Base” means the wage level at which social security tax is applied                    for a given year. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| Name                      |   | Plan or Award                      |   | Executive Contributions in Last Fiscal Year(1)(2)($) |    |   | Registrant Contributions in Last Fiscal Year(3)(4)($) |   |    | Aggregate Earnings in Last Fiscal Year(5)(6)(7)($) |   |   | Aggregate Withdrawals/Distributions($) |   |   | Aggregate Balance at Last Fiscal Year End(8)(9)($) |    |
|---------------------------|--------|------------------------------------|--------|------------------------------------------------------|---------|--------|-------------------------------------------------------|--------|---------|----------------------------------------------------|--------|--------|----------------------------------------|--------|--------|----------------------------------------------------|---------|
| Christopher E. Kubasik    |   | Supplemental Savings Plan II       |   |                                                 | 200,738 |   |                                                  |   | — |                                               |   |   | (6,469                                 | )      |   |                                               | — |   |   |   | 194,269 |   |
| Ralph G. D’Ambrosio |   | Supplemental Savings Plan II       |   |                                                 | 61,812  |   |                                                  |   | — |                                               |   |   | (3,210                                 | )      |   |                                               | — |   |   |   | 58,602 |   |
| Ann D. Davidson           |   | Supplemental Savings Plan II       |   |                                                 | 141,792 |   |                                                  |   | — |                                               |   |   | (5,334                                 | )      |   |                                               | — |   |   |   | 136,458 |   |
|                           |        | Retirement Eligible RSU Awards(10) |   |                                                 | — |   |                                                  |   | 523,997 |                                               |   |   | (40,440                                | )      |   |                                               | — |   |   |   | 483,557 |   |
| Todd W. Gautier           |   | Supplemental Savings Plan II       |   |                                                 | 45,951  |   |                                                  |   | — |                                               |   |   | (3,733                                 | )      |   |                                               | — |   |   |   | 42,218 |   |
| Jeffrey A. Miller         |   | Supplemental Savings Plan II       |   |                                                 | 66,084  |   |                                                  |   | — |                                               |   |   | (2,449                                 | )      |   |                                               | — |   |   |   | 63,635 |   |
|                           |        | Deferred Compensation Plan II      |   |                                                 | 425,767 |   |                                                  |   | — |                                               |   |   | 45,875                                 |   |   |                                               | — |   |   |   | 1,158,896 |   |

----

| (1) | Represents, in the case of the Supplemental Savings Plan II, contributions of base salary and annual incentive plan payouts that were deferred and credited during fiscal                    2018.  The amounts representing deferrals of base salary are included in the Salary column for 2018 in the “Summary Compensation Table” on page 36.  The amounts representing deferrals of annual incentive plan payouts relate to payouts                    made in fiscal 2018 based on fiscal 2018 performance and are included in the Non-Equity Incentive Plan Compensation column for 2018 in the “Summary Compensation Table” on page 36.  Deferrals relating to annual incentive plan payouts                    made in fiscal 2019 based on fiscal 2018 performance will be reported as executive contributions in 2019. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Represents, in the case of the Deferred Compensation Plan II, contributions by Mr. Miller of base salary and annual incentive plan payouts that were deferred and credited                    during fiscal 2018.  The amounts representing deferrals of base salary are included for Mr. Miller in the Salary column for 2018 in the “Summary Compensation Table” on page 36.  The amounts representing deferrals of annual incentive                    plan payouts relate to payouts made in fiscal 2018 based on fiscal performance in 2017 and 2018.  The amount deferred in fiscal 2018 in respect of the annual incentive plan payout made in fiscal 2018 based on fiscal 2018 performance was                    $101,400, and is included for Mr. Miller in the Non-Equity Incentive Plan Compensation column for 2018 in the “Summary Compensation Table” on page 36.  Deferrals relating to annual incentive plan payouts made in fiscal 2019 based on                    fiscal 2018 performance will be reported as executive contributions in 2019. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Participants in the Supplemental Savings Plan II are entitled to receive Company contributions based on executive contributions that were deferred and credited during the                    prior fiscal year.  The Supplemental Savings Plan II was not in effect prior to fiscal 2018; accordingly, no Company contributions were made in 2018.  Company contributions based on executive contributions deferred and credited during                    fiscal 2018 will be reported as Company contributions in 2019. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | Represents, in the case of Retirement Eligible RSU Awards, the value of such awards that is deemed to have vested in 2018. The value reported is based on the sum of (a) the                    number of shares underlying the awards multiplied by the closing price of our Common Stock on the vesting date and (b) accrued cash dividend equivalents in respect of these awards as of the vesting date. The grant date fair value of                    these awards is included for Ms. Davidson in the Stock Awards column for 2017 in the “Summary Compensation Table” on page 36. For further information concerning the Retirement Eligible RSU awards that vested in 2018 and their respective                    grant date fair values, see Note 10 below. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | Represents, in the case of the Supplemental Savings Plan II, aggregate earnings on plan balances in fiscal 2018, which are based on participant selections among investment                    options that generally mirror those available to participants in the L3 Technologies Master Savings Plan, which is our tax-qualified, 401(k) defined contribution plan.  The amounts reported are not considered above-market or                    preferential earnings and, accordingly, are not included in the “Summary Compensation Table” on page 36. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| (6) | Represents, in the case of each Retirement Eligible RSU Award, the sum of (a) the change in market value of the shares underlying such award during the period in 2018 for                    which the award was deemed to have been vested but the underlying shares remained undelivered and (b) the aggregate cash dividend equivalents that accrued in respect of such award during this period. These amounts are not considered                    above-market or preferential earnings and, accordingly, are not included in the “Summary Compensation Table” on page 36. For further information concerning the Retirement Eligible RSU Awards included in this column, see Note 10 below. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (7) | Represents, in the case of the Deferred Compensation Plan II, aggregate earnings on plan balances in fiscal 2018, which are based on the prime interest rate.  The average                    interest rate for the year was 4.88%.  The amounts reported are not considered above-market or preferential earnings and, accordingly, are not included in the “Summary Compensation Table” on page 36. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (8) | No portions of the amounts reported in this column for the Supplemental Savings Plan II and the Deferred Compensation Plan II were reported as compensation in the “Summary                    Compensation Table” on page 36 for prior fiscal years. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (9) | Represents, in the case of Retirement Eligible RSU Awards, the value of the underlying shares and cash dividend equivalents that were deemed to have vested but remained                    undelivered and unpaid, respectively, as of December 31, 2018. The value reported represents the sum of (a) the number of shares underlying the awards multiplied by $173.66, the closing price of our Common Stock on December 31, 2018,                    and (b) accrued cash dividend equivalents in respect of these awards as of December 31, 2018. The grant date fair value of each Retirement Eligible RSU Award included in this column is included in the Stock Awards column for 2017 in the                    “Summary Compensation Table” on page 36. For further information concerning the Retirement Eligible RSU Awards included in this column and their respective grant date fair values, see Note 10 below. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10) | The following table provides additional information regarding the Retirement Eligible RSU Awards held by Ms. Davidson during 2018. |
|------|------------------------------------------------------------------------------------------------------------------------------------|

| Name            |   | Grant Date |   | Number of Shares Underlying RSU Award(#) |   |   | Grant Date Fair Value($) |   | Vesting Date(a) |   | Delivery Date(b) |
|-----------------|--------|------------|--------|------------------------------------------|--------|--------|--------------------------|--------|-----------------|--------|------------------|
| Ann D. Davidson |   | 2/21/17    |   |                                     | 1,422  |   |                     |   | 240,034         |   | 2/22/18          |   | 2/21/20 |
|                 |        | 12/20/17   |   |                                     | 1,288  |   |                     |   | 250,001         |   | 12/21/18         |   | 12/20/20 |

----

|  | (a) | Reflects the date on which the RSU award is deemed to have vested based on the retirement eligibility of the named executive officer. |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------|

|  | (b) | Reflects the date on which the shares and accrued cash dividend equivalents underlying the RSU award are to be delivered and paid, respectively, to the named executive                    officer. The delivery date is subject to acceleration in the event of death, disability or a change in control. For a further discussion, see “– Potential Payments Upon Change in Control or Termination of Employment – Effect of Change                    in Control or Termination of Employment Upon Long-Term Incentive Awards” beginning on page 51. |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| Protection Period                                    | Two years following the occurrence of a change in control. In addition, the program covers terminations that become effective prior to the                occurrence of a change in control if such termination occurs (1) upon the request of the acquirer or (2) otherwise in anticipation of the change in control.                                                                                    |
|------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Payout Requirements                                  | Severance payments are required following termination by us without cause, or termination by the executive for good reason, during the                Protection Period.                                                                                                                                                                                                                                  |
| Severance Benefits                                   | Lump sum payment equal to a multiple of current annual salary and average annual incentive plan payouts for the prior three years:•          Chief Executive Officer, Chief Financial Officer                and Chief Legal Officer – 3x•          Segment Presidents – 2.5x |
| Annual Incentive Plan Payout for Year of Termination | Pro rata payout based on (a) the number of months worked in the year of termination and (b) the average annual incentive plan payouts for                the prior three years (or the actual annual incentive plan award payable for the full year of termination, if performance is determinable at the time of termination).                                                                           |
| Qualified Promotion                                  | In the event the executive receives a qualified promotion during the prior three years, then for purposes of the above calculations,                “average annual incentive plan payouts for the prior three years” shall not be less than the executive’s annual incentive plan target bonus.                                                                                        |
| Benefits/Perquisites Continuation                    | Continuation of medical and life insurance benefits at the same cost to the executive, or cash equal to any increased premiums, for the                number of years as the severance multiple discussed above under “Severance Benefits.”                                                                                                                                                  |
| Restrictive Covenants                                | Non-competition and non-solicitation covenants for one year following termination of employment.                                                                                                                                                                                                                                                                                                          |
| Amendment or Termination of the Plan                 | Prior to the occurrence of a change in control, the Compensation Committee may amend or terminate the program at any time upon 90 days                written notice.                                                                                                                                                                                                                                     |

----

 Table of Contents

| Payout Requirements                                  | Severance payments are required following termination by us without cause.                                                                                                                                                                                                                                                                                     |
|------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Severance Benefits                                   | Lump sum payment equal to a multiple of current annual salary and target bonus under the annual incentive plan:•          Chief Executive Officer                – 2x•          Other Named Executive                Officers – 1x |
| Annual Incentive Plan Payout for Year of Termination | If termination occurs after the end of the second quarter of our fiscal year, pro rata payout based on actual performance for the year of termination.                                                                                                                                                                                                         |
| Benefits/Perquisites Continuation                    | Continuation of medical benefits at the same cost charged to similarly-situated active                  employees, or cash equal to any increased premiums, for 18 months following termination.                                                                                                                                                               |
| Restrictive Covenants                                | Non-competition and non-solicitation covenants for one or two years following termination of employment.                                                                                                                                                                                                                                                       |
| Amendment or Termination of the Plan                 | The Compensation Committee may amend or terminate the plan at any time upon 30 days written notice.                                                                                                                                                                                                                                                            |

----

 Table of Contents

|   | Long-TermIncentiveAward Type |   | Change inControl                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | Death/Disability                                                                                                                                                                                |   | QualifiedRetirement(1)                                                                                                                                                                          |   | Terminationby Companyfor Cause             |   | Terminationby Companywithout Cause                                                                                                                                                              |   | Resignation                                   |
|--------|------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------|
|   | Stock Options                |   | Immediate vesting of remaining unvested award.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | Immediate vesting of remaining unvested award.                                                                                                                                                  |   | Unvested options are forfeited.                                                                                                                                                                 |   | Forfeiture of remaining unexercised award. |   | Generally, unvested options are forfeited.(2)                                                                                                                                                   |   | Generally, unvested options are forfeited.(2) |
|   | RSUs/RSAs                    |   | Immediate vesting anddelivery of full award.(3)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   | Immediate vesting and delivery of full award.                                                                                                                                                   |   | Full award is deemed to have vested, but underlying shares and dividend equivalents remain undelivered and unpaid until expiration of original                three-year vesting period.        |   | Forfeiture of full award.                  |   | Generally, forfeiture of full award.(2)                                                                                                                                                         |   | Generally, forfeiture of full award.(2)       |
|   | Performance Awards           |   | Immediate vesting based on Target level of performance, prorated to reflect reduced service period.(4) Following the change in control, portion of award attributable to remaining service period (based on Target level of performance, or higher as applicable) is subject to (1) immediate vesting of full award                in the case of a termination without cause or for good reason, (2) immediate vesting of prorated portion of award (reflecting the reduced service period) in the case of death, disability or a Qualified Retirement or (3) normal vesting of                full award upon continued employment through the original three-year vesting period. |   | Forfeiture of prorated portion of award to reflect reduced service period. Payment level for the remaining                award is based on actual performance for the full performance period. |   | Forfeiture of prorated portion of award to reflect reduced service period. Payment level for the remaining award is based on actual performance for                the full performance period. |   | Forfeiture of full award.                  |   | Forfeiture of prorated portion of award to reflect reduced service period. Payment level for the remaining                award is based on actual performance for the full performance period. |   | Forfeiture of full award.                     |

----

 Table of Contents

----

| (1) | For long-term incentive awards granted prior to 2017, Qualified Retirement is defined as a termination of employment that satisfies all of the following: (a) the executive                    terminates employment more than one year after the grant date of the applicable award (or in the case of performance awards, one year after the first day of the applicable performance period), (b) the executive terminates employment on                    or after attaining age 65 and completing at least five years of service (which must be continuous through the date of termination except for a single break in service that does not exceed one year in length), (c) the executive is not                    subject to termination for cause by the Company at the time of the employee’s termination and (d) the executive is available for consultation following the termination of employment at the reasonable request of the Company.  Long-term                    incentive awards granted in or after 2017 use the same definition for Qualified Retirement as set forth above, except that with respect to clause (b), the age referenced therein has been reduced from 65 to 60, and the requirement to                    have completed five years of service at the time of termination does not apply in the case of an executive who terminates employment on or after attaining age 65. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | The vesting of RSUs and stock options granted to Mr. Kubasik on December 20, 2017 is subject to automatic acceleration in the event Mr. Kubasik’s employment is terminated                    by L3 without cause or he terminates his employment for good reason.  All other unvested stock options and RSUs held by Mr. Kubasik and the other NEOs are forfeited upon a termination by the Company without cause. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | In the case of RSUs or RSAs granted after October 12, 2018, a change in control has no immediate effect, but vesting and delivery of the full award is accelerated in the                    event a termination without cause, a termination for good reason or a Qualified Retirement occurs within two years following the change in control. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | In connection with a change in control, the Compensation Committee has the discretion to increase this payment (but not above the benefit payable for the Maximum level of                    performance achievement) to the extent (if any) that the Compensation Committee is able to assess that the Company’s progress towards achievement of the applicable performance measures, at or prior to the change in control, exceeds the                    Target performance level requirement as adjusted to reflect the reduced service period. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| Named Executive Officer                                           |   | Change in Control($) |       |   | Death/Disability($) |   |       | Termination without Cause($) |   |
|-------------------------------------------------------------------|--------|----------------------|------------|--------|---------------------|--------|------------|------------------------------|--------|
| Christopher E. Kubasik                                            |   |                 |       |   |                |   |       |                         |   |
| Severance(1)(2)(3)(4)                                             |   |                 | 9,184,500  |   |                |   | —    |                         |   |   | 5,520,000 |   |
| Medical Benefits(1)(3)(5)                                         |   |                 | 90,621     |   |                |   | —    |                         |   |   | 45,311 |   |
| Life Insurance Premiums(1)(5)                                     |   |                 | 32,436     |   |                |   | —    |                         |   |   | — |   |
| Outplacement Benefits(1)(3)(6)                                    |   |                 | 6,400      |   |                |   | —    |                         |   |   | 6,400 |   |
| Financial Planning Services(7)                                    |   |                 | 19,703     |   |                |   | 19,703     |                         |   |   | 19,703 |   |
| Acceleration of Stock Options(8)(9)                               |   |                 | 1,263,663  |   |                |   | 1,263,663  |                         |   |   | — |   |
| Acceleration of RSUs and RSAs(10)(11)(12)                         |   |                 | 10,542,281 |   |                |   | 10,542,281 |                         |   |   | 1,073,566 |   |
| Acceleration of Performance Awards(13)(14)(15)                    |   |                 | 2,277,984  |   |                |   | —    |                         |   |   | — |   |
| TOTAL                                                             |   |                 | 23,417,588 |   |                |   | 11,825,647 |                         |   |   | 6,664,980 |   |
|                                                              |   |                 |       |   |                |   |       |                         |   |   |   |   |
| Ralph G. D’Ambrosio                                         |   |                 |       |   |                |   |       |                         |   |   |   |   |
| Severance(1)(2)(3)(4)                                             |   |                 | 5,431,300  |   |                |   | —    |                         |   |   | 1,461,000 |   |
| Medical Benefits(1)(3)(5)                                    |   |                 | 78,965     |   |                |   | —    |                         |   |   | 39,483 |   |
| Life Insurance Premiums(1)(5)                                     |   |                 | 26,934     |   |                |   | —    |                         |   |   | — |   |
| Outplacement Benefits(1)(3)(6)                                    |   |                 | 6,400      |   |                |   | —    |                         |   |   | 6,400 |   |
| Acceleration of Stock Options(8)(9)                               |   |                 | 1,016,057  |   |                |   | 1,016,057  |                         |   |   | — |   |
| Acceleration of RSUs and RSAs(10)(11)(12)                         |   |                 | 2,780,001  |   |                |   | 2,780,001  |                         |   |   | — |   |
| Acceleration of Performance Awards(13)(14)(15)                    |   |                 | 1,074,447  |   |                |   | —    |                         |   |   | — |   |
| TOTAL           |   |                 | 10,414,104 |   |                |   | 3,796,058  |                         |   |   | 1,506,883 |   |
|                                                              |   |                 |       |   |                |   |       |                         |   |   |   |   |
| Ann D. Davidson                                                   |   |                 |       |   |                |   |       |                         |   |   |   |   |
| Severance(1)(2)(3)(4)                                             |   |                 | 4,442,733  |   |                |   | —    |                         |   |   | 1,174,200 |   |
| Medical Benefits(1)(3)(5)                                         |   |                 | 56,377     |   |                |   | —    |                         |   |   | 28,188 |   |
| Life Insurance Premiums(1)(5)                                     |   |                 | 47,958     |   |                |   | —    |                         |   |   | — |   |
| Outplacement Benefits(1)(3)(6)                                    |   |                 | 6,400      |   |                |   | —    |                         |   |   | 6,400 |   |
| Acceleration of Stock Options(8)(9)                               |   |                 | 95,884     |   |                |   | 95,884     |                         |   |   | — |   |
| Acceleration of RSUs and RSAs(10)(11)(12)                         |   |                 | 1,562,949  |   |                |   | 1,562,949  |                         |   |   | — |   |
| Acceleration of Performance Awards(13)(14)(15)                    |   |                 | 220,349    |   |                |   | —    |                         |   |   | — |   |
| TOTAL           |   |                 | 6,432,650  |   |                |   | 1,658,833  |                         |   |   | 1,208,788 |   |

----

 Table of Contents

| Named Executive Officer                               |   | Change in Control($) |      |   | Death/Disability($) |   |      | Termination without Cause($) |   |
|-------------------------------------------------------|--------|----------------------|-----------|--------|---------------------|--------|-----------|------------------------------|--------|
| Todd W. Gautier                                       |   |                 |      |   |                |   |      |                         |   |
| Severance(1)(2)(3)(4)                                 |   |                 | 2,892,667 |   |                |   | —   |                         |   |   | 1,092,600 |   |
| Medical Benefits(1)(3)(5)                             |   |                 | 85,719    |   |                |   | —   |                         |   |   | 51,432 |   |
| Life Insurance Premiums(1)(5)     |   |                 | 32,963    |   |                |   | —   |                         |   |   | — |   |
| Outplacement Benefits(1)(3)(6)                        |   |                 | 6,400     |   |                |   | —   |                         |   |   | 6,400 |   |
| Financial Planning Services(7)                        |   |                 | 16,611    |   |                |   | 16,611    |                         |   |   | 16,611 |   |
| Acceleration of Stock Options(8)(9)                   |   |                 | 226,361   |   |                |   | 226,361   |                         |   |   | — |   |
| Acceleration of RSUs and RSAs(10)(11)(12)             |   |                 | 890,892   |   |                |   | 890,892   |                         |   |   | — |   |
| Acceleration of Performance Awards(13)(14)(15)        |   |                 | 310,719   |   |                |   | —   |                         |   |   | — |   |
| TOTAL                                                 |   |                 | 4,462,332 |   |                |   | 1,133,864 |                         |   |   | 1,167,043 |   |
|                                                  |   |                 |      |   |                |   |      |                         |   |   |   |   |
| Jeffrey A. Miller                                     |   |                 |      |   |                |   |      |                         |   |   |   |   |
| Severance(1)(2)(3)(4)                                 |   |                 | 3,032,333 |   |                |   | —   |                         |   |   | 1,130,000 |   |
| Medical Benefits(1)(3)(5)                             |   |                 | 80,672    |   |                |   | —   |                         |   |   | 48,403 |   |
| Life Insurance Premiums(1)(5)                         |   |                 | 15,165    |   |                |   | —   |                         |   |   | — |   |
| Outplacement Benefits(1)(3)(6)                        |   |                 | 6,400     |   |                |   | —   |                         |   |   | 6,400 |   |
| Financial Planning Services(7)                        |   |                 | 16,598    |   |                |   | 16,598    |                         |   |   | 16,598 |   |
| Acceleration of Stock Options(8)(9)                   |   |                 | 198,447   |   |                |   | 198,447   |                         |   |   | — |   |
| Acceleration of RSUs and RSAs(10)(11)(12)             |   |                 | 1,443,611 |   |                |   | 1,443,611 |                         |   |   | — |   |
| Acceleration of Performance Awards(13)(14)(15)        |   |                 | 370,375   |   |                |   | —   |                         |   |   | — |   |
| TOTAL                                                 |   |                 | 5,163,601 |   |                |   | 1,658,656 |                         |   |   | 1,201,401 |   |

----

| (1) | Severance, medical benefits, life insurance premiums and outplacement benefits in connection with a change in control are payable only if the named executive officer (a) is                    involuntarily terminated (other than for cause, death or disability) at the request of the acquirer or otherwise in anticipation of, or during the two-year period following, the change in control or (b) voluntarily terminates employment                    for good reason during the two-year period following the change in control. For purposes of calculating the amount of these benefits in connection with a change in control, we assumed that such a termination of employment occurred on                    December 31, 2018. Receipt of these benefits is conditioned upon the named executive officer’s execution of an agreement with the Company containing protective covenants and a customary release of all claims against the Company. For a                    further discussion, see “– Change in Control Severance Plan” on page 49. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | As discussed in “– Change in Control Severance Plan” on page 49, the change in control severance amount for each named executive officer is a multiple of base salary and                    average annual incentive plan payouts for the three years prior to the year of termination (or target bonus, as applicable). While the Change in Control Severance Plan also provides for an additional annual incentive plan payout for the                    year of termination, such amounts for each named executive officer are not reflected in this table because the amounts earned under the annual incentive plan for 2018 are already included in the “Summary Compensation Table” on page 36                    in the Non-Equity Incentive Plan Compensation column for 2018. In the event that these payments, when aggregated with all other change in control payments, would subject the named executive officer to an excise tax under IRS                    regulations, then these payments will be reduced to the highest amount for which no excise tax would be due, but only if the reduced amount is greater than the unreduced amount net of the excise tax. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Severance, medical benefits and outplacement benefits in connection with a termination of employment without cause that is unrelated to a change in control is conditioned                    upon the named executive officer’s execution of an agreement with the Company containing protective covenants and a customary release of all claims against the Company.  For a further discussion, see “– Executive Severance Plan” on page                    50. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | As discussed in “– Executive Severance Plan” on page 50, the severance payable to each named executive officer in connection with a termination of employment without cause                    that is unrelated to a change in control is a multiple of base salary and target bonus.  While the Executive Severance Plan also provides for an additional annual incentive plan payout for the year of termination if such termination                    occurs after the end of the second quarter of our fiscal year, such amounts for each named executive officer are not reflected in this table because the amounts earned under the annual incentive plan for 2018 are already included in the                    “Summary Compensation Table” on page 36 in the Non-Equity Incentive Plan Compensation column for 2018. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | Medical benefits and life insurance premiums are based on the applicable multiple of the premiums paid by the Company in 2018 to provide the named executive officer (and                    the named executive officer’s spouse and dependents, as applicable) with medical benefits and life insurance. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| (6) | Under both our Change in Control Severance Plan and our Executive Severance Plan, a named executive officer is entitled to reasonable outplacement services. The amount                    disclosed represents the Company’s reasonable estimate of the cost to provide this benefit. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (7) | In the event of a change in control, death, disability, termination of employment by the Company without cause or a Qualified Retirement, named executive officers who were                    receiving Company-paid financial planning services immediately prior to such event are entitled to continue receiving such services for one year following the event at the Company’s expense.  The amount disclosed for each named                    executive officer is based on the amount paid by the Company in 2018 for such officer’s financial planning services, and would be payable by the Company not only in connection with a change in control, death, disability or termination                    of employment by the Company without cause (as disclosed in the table), but also upon a Qualified Retirement.  Neither Mr. D’Ambrosio nor Ms. Davidson elected to receive financial planning services in 2018. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (8) | As disclosed above and except with respect to stock options granted to Mr. Kubasik in December 2017, in the event of any termination of employment other than death or                    disability, unvested stock options (or all stock options, in the case of a termination for cause) are forfeited. Accordingly, stock options are not quantified in the table above with respect to any termination of employment event other                    than in connection with a change in control, or upon death or disability. With respect to the stock options granted to Mr. Kubasik in December 2017, the vesting of such options accelerates not only in the event of a change in control,                    death or disability, but also in the event of a termination of employment without cause or for good reason.  However, no value for such acceleration is included in the table for Mr. Kubasik because the per share exercise price of such                    options ($194.10) exceeded the closing price of our Common Stock ($173.66) on December 31, 2018. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (9) | The value attributable to the acceleration of unvested stock options is based upon the number of unvested stock options multiplied by the amount by which the closing price                    of our Common Stock ($173.66) on December 31, 2018 exceeded the per share exercise price of the option. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10) | As disclosed above, in the event of the named executive officer’s Qualified Retirement, RSUs are deemed to have vested, but the underlying Common Stock and accrued cash                    dividend equivalents remain undelivered and unpaid until the end of the original vesting period.  Except with respect to RSUs granted to Mr. Kubasik in December 2017 as described in Note 12 below, in the event of any termination of                    employment other than death or disability, the RSUs are forfeited. Accordingly, the RSUs are not quantified in the table above with respect to any termination of employment event other than in connection with a change in control, or                    upon death or disability. In addition, the amounts disclosed in the table above exclude the value attributable to the accelerated delivery and payment upon a change in control, death, disability or termination without cause of shares                    and dividend equivalents underlying Retirement Eligible RSU Awards because these amounts are already included in the “2018 Nonqualified Deferred Compensation” table on page 47 in the Aggregate Balance at Last Fiscal Year End column. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (11) | As disclosed above, a change in control has no immediate effect on vesting or delivery of shares underlying RSAs, but vesting and delivery of the full award is accelerated                    in the event a termination without cause, a termination for good reason or a Qualified Retirement occurs within two years following the change in control.  For purposes of calculating the value attributable to the acceleration of                    unvested RSAs in connection with a change in control, we assumed that such a termination of employment occurred on December 31, 2018. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (12) | The value attributable to the acceleration of unvested RSUs and RSAs is based upon the sum of (a) number of shares underlying the awards multiplied by the closing price of                    our Common Stock ($173.66) on December 31, 2018 and (b) the accrued cash dividend equivalents underlying the awards as of December 31, 2018.  The value disclosed for Mr. Kubasik includes $1,073,566 attributable to the acceleration of                    RSUs granted to him on December 20, 2017.  This acceleration would occur not only in the event of a change in control, death or disability or termination of employment without cause (as disclosed in the table), but also in the event Mr.                    Kubasik terminates his employment for good reason. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (13) | As disclosed above, in the event of the named executive officer’s death, disability, Qualified Retirement or termination by the Company without cause, a prorated portion of                    the performance awards is forfeited, and the remaining portion is not delivered or paid until the end of the original performance period based on actual performance for the full performance period. In the event of any other termination                    of employment, the performance awards are forfeited. Accordingly, the performance awards are not quantified in the table above with respect to any termination of employment event other than in connection with a change in control. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (14) | As disclosed above, in the event of a change in control, a prorated portion of the unvested performance awards (reflecting the reduced service period) is subject to                    immediate vesting and delivery.  Following the change in control, the remaining portion of the awards is subject to (1) immediate vesting of the full award in the case of a termination without cause or for good reason, (2) immediate                    vesting of a prorated portion of the award in the case of death, disability or a Qualified Retirement or (3) normal vesting of the full award upon continued employment through the original three-year vesting period.  For purposes of                    calculating the value attributable to the acceleration of performance awards in connection with a change in control, we assumed that the executive was terminated without cause on December 31, 2018. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (15) | The value attributable to the acceleration of performance units is based upon the sum of (a) the number of shares issuable assuming a Target level of performance                    achievement multiplied by the closing price of our Common Stock ($173.66) on December 31, 2018 and (b) the accrued cash dividend equivalents underlying such number of shares as of December 31, 2018. The value attributable to the                    acceleration of performance cash awards is based upon the amount of cash payable assuming a Target level of performance achievement. As disclosed above, the Compensation Committee has the discretion to increase the number of shares                    issuable or the amount of cash payable up to the number of shares issuable or amount of cash payable assuming the Maximum level of performance achievement based on the Compensation Committee’s assessment of the Company’s progress                    towards achievement of the applicable performance measures at or prior to the change in control, but only if such assessment is that the Target performance level would be exceeded. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

|  | - | Our CEO’s total annual compensation for 2018, as reflected in the Summary Compensation Table on page 36, was $25,511,433. |
|--|---|---------------------------------------------------------------------------------------------------------------------------------|

|  | - | Our median employee’s total annual compensation for 2018, calculated using the same methodology we used in the Summary Compensation Table with respect to our named                    executive officers, was $80,692. |
|--|---|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | - | The resulting CEO pay ratio for 2018 is approximately 316:1. |
|--|---|--------------------------------------------------------------|

|  | - | As described under “Compensation Discussion and Analysis – Summary of 2019 Target Pay” beginning on page 29, to mitigate the potential impact of Section 280G in connection with the L3 Harris Merger, the Committee approved, for certain executive officers                    including our CEO, the acceleration of annual LTI awards that would otherwise have been granted in February 2019 to December 2018.  Had the granting of these awards not been accelerated, our CEO’s total annual compensation for 2018                    would have been $15,511,366, resulting in a CEO pay ratio of approximately 192:1. |
|--|---|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Australia          | Ireland     | Poland                     |
|--------------------|-------------|----------------------------|
| Bahrain            | Italy       | Portugal                   |
| Brazil             | Japan       | Saudi Arabia               |
| China              | Jordan      | Singapore                  |
| Costa Rica         | Malaysia    | South Korea                |
| Dominican Republic | Mexico      | Spain                      |
| Egypt              | Morocco     | Thailand                   |
| France             | Netherlands | Turks & Caicos Islands |
| Germany            | New Zealand | United Arab Emirates       |
| Hong Kong          | Panama      |                       |
| India              | Philippines |                       |

----

 Table of Contents

----

 Table of Contents

| Compensation Type                                                  |   | Compensation Rates |    |
|--------------------------------------------------------------------|--------|--------------------|---------|
| Annual Board Member Retainer(1)                                    |   | $                  | 115,000 |   |
| Annual Board Member Equity Award(2)                                |   |               | 145,000 |   |
| Annual Audit and Ethics Committee Chairperson Retainer(1)          |   |               | 30,000  |   |
| Annual Compensation Committee Chairperson Retainer(1)              |   |               | 15,000  |   |
| Annual Nominating and Governance Committee Chairperson Retainer(1) |   |               | 15,000  |   |
| Annual Audit and Ethics Committee Member Retainer(1)               |   |               | 20,000  |   |
| Annual Lead Independent Director Retainer(1)                       |   |               | 30,000  |   |

----

| (1) | Annual retainers are payable in quarterly installments in arrears on the final day of each quarterly, in-person, regular meeting of the Board. In 2018, these dates were                      February 13, May 8, July 10 and November 27. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Each non-employee director received on May 8, 2018, the day after the 2018 annual meeting of shareholders, an award of RSUs having a grant date fair value of $145,000,                      calculated in accordance with the accounting standards for share-based compensation. The RSUs vest one year after the grant date (or on the date of the 2019 annual meeting of shareholders, if earlier), subject to acceleration in the                      event of death, permanent disability or a change in control. Regardless of vesting, the RSUs will not be converted into shares until the earlier of (a) the date on which the recipient ceases to be a director or (b) a change in control                      that satisfies specified requirements set forth in Section 409A of the Internal Revenue Code. Dividend equivalents are accrued in the form of additional RSUs with the same vesting and delivery terms as the underlying RSUs. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| Name                |   | Fees Earned orPaid in Cash(1)($) |    |   | StockAwards(2)($) |   |    | All Other Compensation($) |   |   | Total($)            |   |
|---------------------|--------|----------------------------------|---------|--------|-------------------|--------|---------|---------------------------|--------|--------|---------------------|--------|
| Claude R. Canizares |   |                             | 132,500 |   |              |   | 145,000 |                      |   |   | —             |   |   |   | 277,500 |   |
| Thomas A. Corcoran  |   |                             | 132,500 |   |              |   | 145,000 |                      |   |   | —             |   |   |   | 277,500 |   |
| Ann E. Dunwoody     |   |                             | 112,500 |   |              |   | 145,000 |                      |   |   | 5,000(3)            |        |   |   | 262,500 |   |
| Lewis Kramer        |   |                             | 142,500 |   |              |   | 145,000 |                      |   |   |    500(3) |        |   |   | 288,000 |   |
| Rita S. Lane(4)     |   |                             | 67,500  |   |              |   | 145,000 |                      |   |   | 5,000(3)            |        |   |   | 217,500 |   |
| Robert B. Millard   |   |                             | 155,000 |   |              |   | 145,000 |                      |   |   | —             |   |   |   | 300,000 |   |
| Lloyd W. Newton     |   |                             | 112,500 |   |              |   | 145,000 |                      |   |   | —             |   |   |   | 257,500 |   |
| Vincent Pagano, Jr. |   |                             | 147,500 |   |              |   | 145,000 |                      |   |   | —             |   |   |   | 292,500 |   |
| H. Hugh Shelton     |   |                             | 112,500 |   |              |   | 145,000 |                      |   |   | —             |   |   |   | 257,500 |   |
| Arthur L. Simon(5)  |   |                             | 65,000  |   |              |   | — |                      |   |   | 10,000(6)           |        |   |   | 75,000 |   |

----

| (1) | Includes fees with respect to which directors elected to receive payment in Elected RSUs, each valued at the closing price on the date the director would have otherwise                      received a disbursement for such payment. For 2018, General (Ret.) Dunwoody and Mr. Millard elected to receive payments in Elected RSUs with respect to all or a portion of their fees. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Represents the grant date fair value of RSUs based on L3’s closing stock price on May 8, 2018, the date of grant. |
|-----|-------------------------------------------------------------------------------------------------------------------------|

| (3) | Represents charitable contributions made by the Company that match director contributions to L3’s Political Action Committee. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------|

| (4) | Ms. Lane was appointed to our Board on May 8, 2018. |
|-----|-----------------------------------------------------|

| (5) | Mr. Simon retired from our Board on May 7, 2018. |
|-----|--------------------------------------------------|

| (6) | Represents charitable contribution made by the Company in connection with Mr. Simon’s retirement. |
|-----|---------------------------------------------------------------------------------------------------------|

| Name                |   | Unvested RSUs Outstanding |   |
|---------------------|--------|---------------------------|--------|
| Claude R. Canizares |   |                      | 763    |   |
| Thomas A. Corcoran  |   |                      | 763    |   |
| Ann E. Dunwoody     |   |                      | 763    |   |
| Lewis Kramer        |   |                      | 763    |   |
| Rita S. Lane        |   |                      | 763    |   |
| Robert B. Millard   |   |                      | 763    |   |
| Lloyd W. Newton     |   |                      | 763    |   |
| Vincent Pagano, Jr. |   |                      | 763    |   |
| H. Hugh Shelton     |   |                      | 763    |   |

----

 Table of Contents

| ITEM 12. | SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED                      STOCKHOLDER MATTERS |
|----------|---------------------------------------------------------------------------------------------------------------------|

|                                                   |   | Equity Compensation Plan Information                                                       |   |
|--------------------------------------------------------|--------|--------------------------------------------------------------------------------------------|--------|
| Plan category                                          |   | Number ofsecurities to beissued upon exercise ofoutstanding options,warrants and rights(a) |   |   | Weighted-average exercise price ofoutstanding options,warrants and rights(b) |   |   | Number ofsecurities remainingavailable for futureissuance under equitycompensation plans (excluding securities reflected in column (a))(c) |   |
|                                                   |   | (In millions)                                                                              |   |   |   |   |   | (In millions) |   |
| Equity compensation plans approved by security holders |   |                                                                                       | 2.2    | (1)  |   | $ | 146.70 | (2)  |   |   | 10.3 | (3)  |

| (1) | Represents awards, including stock options, RSUs, RSAs and performance units issuable under the L3 Technologies, Inc. Amended and Restated 2008 Long Term Performance Plan                      (the “2008 LTPP”) and the L3 Technologies, Inc. Amended and Restated 2008 Directors Stock Incentive Plan (the “2008 DSIP”). The number of shares of Common Stock to be issued in respect of performance units has been calculated based on                      the assumption that the maximum levels of performance applicable to the performance units will be achieved. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | The calculation of the weighted average exercise price excludes the effect of the RSU, RSA and performance unit awards, which have been granted to employees at no cost. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Includes 3.3 million and 7.0 million shares available for future issuance under the L3 Technologies, Inc. 2009 Employee Stock Purchase Plan (the “2009 ESPP”) and the 2008                      LTPP, respectively. For purposes of calculating the number of shares available for future issuance under the 2008 LTPP, each share of our Common Stock issued under a “full value” award (that is, awards other than stock options or                      stock appreciation rights) is counted as 4.26 shares, in the case of awards granted on or after February 23, 2016. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| Name and Address of Beneficial Owner                            |   | Amount and Nature ofBeneficial Ownership |      |   | Percent of Class |   |
|-----------------------------------------------------------------|--------|------------------------------------------|-----------|--------|------------------|--------|
| The Vanguard Group, Inc.100 Vanguard Blvd.Malvern, PA 19355(1)  |   |                                     | 8,986,137 |   |             |   | 11.4% |  |
| BlackRock, Inc.55 East 52nd StreetNew York, NY 10055(2)         |   |                                     | 6,073,343 |   |             |   | 7.7% |  |
| ClearBridge Investments, LLC620 8th AvenueNew York, NY 10018(3) |   |                                     | 5,147,432 |   |             |   | 6.5% |  |

----

| (1) | Information shown is based on information reported by the filer on a Schedule 13G/A filed with the SEC on February 11, 2019 in which The Vanguard Group, Inc. reported                      that it has sole dispositive power over 8,880,611 shares of Common Stock, shared dispositive power over 105,526 shares of Common Stock, sole voting power over 90,405 shares of Common Stock and shared voting power over 14,996 shares of                      Common Stock. The Vanguard Group, Inc. reported that Vanguard Fiduciary Trust Company and Vanguard Investments Australia, Ltd., wholly-owned subsidiaries of The Vanguard Group, Inc., are the beneficial owners of 66,848 shares and                      61,212 shares, respectively, of Common Stock as a result of serving as investment manager of collective trust accounts and as investment manager of Australian investment offerings, respectively. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Information shown is based on information reported by the filer on a Schedule 13G/A filed with the SEC on February 6, 2019 in which BlackRock, Inc. reported that it has                      sole dispositive power over 6,073,343 shares of Common Stock and sole voting power over 5,468,366 shares of Common Stock. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Information shown is based on information reported by the filer on a Schedule 13G/A filed with the SEC on February 14, 2019 in which ClearBridge Investments, LLC reported                      that it has sole dispositive power over 5,147,432 shares of Common Stock and sole voting power over 4,953,116 shares of Common Stock. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| Name of Beneficial Owner                                 |   | CommonStockBeneficiallyOwnedDirectly or Indirectly(1) |    |   | CommonStockAcquirableWithin60 Days(2) |   |    | TotalCommonStockBeneficiallyOwned |   |   | Percentage ofShares ofCommon StockOutstanding(3) |   |
|----------------------------------------------------------|--------|-------------------------------------------------------|---------|--------|---------------------------------------|--------|---------|-----------------------------------|--------|--------|--------------------------------------------------|--------|
| Directors and Named Executive Officers:                  |   |                                                  |    |   |                                  |   |    |                              |   |   |                                             |   |
| Christopher E. Kubasik                                   |   |                                                  | 34,486  |   |                                  |   | 163,529 |                              |   |   | 198,015                                          |   |   |   | * |   |
| Ralph G. D’Ambrosio                                |   |                                                  | 49,818  |   |                                  |   | 303,733 |                              |   |   | 353,551                                          |   |   |   | * |   |
| Ann D. Davidson                                          |   |                                                  | 364     |   |                                  |   | 11,617  |                              |   |   | 11,981                                           |   |   |   | * |   |
| Todd W. Gautier                                          |   |                                                  | 304     |   |                                  |   | 21,149  |                              |   |   | 21,453                                           |   |   |   | * |   |
| Jeffrey A. Miller                                        |   |                                                  | 7,818   |   |                                  |   | 24,442  |                              |   |   | 32,260                                           |   |   |   | * |   |
| Claude R. Canizares                                      |   |                                                  | 4,717   |   |                                  |   | 13,249  |                              |   |   | 17,966                                           |   |   |   | * |   |
| Thomas A. Corcoran                                       |   |                                                  | 4,971   |   |                                  |   | 13,249  |                              |   |   | 18,220                                           |   |   |   | * |   |
| Ann E. Dunwoody                                          |   |                                                  | — |   |                                  |   | 9,755   |                              |   |   | 9,755                                            |   |   |   | * |   |
| Lewis Kramer                                             |   |                                                  | 1,300   |   |                                  |   | 12,858  |                              |   |   | 14,158                                           |   |   |   | * |   |
| Rita S. Lane                                             |   |                                                  | — |   |                                  |   | 766     |                              |   |   | 766                                              |   |   |   | * |   |
| Robert B. Millard(4)                                     |   |                                                  | 253,862 |   |                                  |   | 18,663  |                              |   |   | 272,525                                          |   |   |   | * |   |
| Lloyd W. Newton                                          |   |                                                  | — |   |                                  |   | 7,817   |                              |   |   | 7,817                                            |   |   |   | * |   |
| Vincent Pagano, Jr.                                      |   |                                                  | — |   |                                  |   | 7,164   |                              |   |   | 7,164                                            |   |   |   | * |   |
| H. Hugh Shelton                                          |   |                                                  | — |   |                                  |   | 10,209  |                              |   |   | 10,209                                           |   |   |   | * |   |
| Directors and Executive Officers as a Group (15 persons) |   |                                                  | 357,758 |   |                                  |   | 618,766 |                              |   |   | 976,524                                          |   |   |   | 1.2% |  |

| (1) | The number of shares shown includes shares that are individually or jointly owned and over which the individual has either sole or shared investment or voting authority.                      The shares of our Common Stock directly owned include the number of shares allocated to the accounts of executive officers under the L3 Technologies Master Savings Plan as follows: Mr. Kubasik, 453 shares; Mr. D’Ambrosio, 2,988                      shares; Ms. Davidson, 364 shares; Mr. Gautier, 255 shares; Mr. Miller, 258 shares; and 4,436 shares held by the executive officers as a group. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Shares that are deemed to be beneficially owned by the individual either by virtue of the individual’s right to acquire the shares upon the exercise of outstanding stock                      options within 60 days from April 15, 2019  and, in the case of non-employee directors, by virtue of the fact that shares issuable upon termination of Board service under outstanding restricted stock unit awards have vested or will                      vest within 60 days of April 15, 2019. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | In computing the percentage ownership of any person, the amount of shares outstanding is deemed to include the amount of shares beneficially owned by such person (and                      only such person) by reason of the acquisition rights described above. As a result, the percentage of outstanding shares of any person as shown in this table does not necessarily reflect the person’s actual ownership or voting power                      with respect to the number of shares of Common Stock actually outstanding at April 15, 2019. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | Includes 63,545 shares owned by a charitable foundation of which Mr. Millard and his wife are the sole trustees, and as to which Mr. Millard disclaims beneficial                      ownership. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| * | Share ownership does not exceed one percent, including stock options exercisable within 60 days of April 15, 2019 and, in the case of non-employee directors, shares                      issuable upon termination of board service under outstanding restricted stock units that have vested or will vest within 60 days of April 15, 2019. |
|---|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| ITEM 13. | CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE |
|----------|---------------------------------------------------------------------------|

|  | • | that any transaction in which a related person has a material direct or indirect interest and which exceeds $120,000 (a “related person” transaction), and any material                      amendment or modification to a related person transaction, be reviewed and approved or ratified by a committee of the Board composed solely of independent directors who are disinterested, or by the disinterested members of the Board;                      and |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | that any employment relationship or transaction involving an executive officer and any related compensation must be approved by the Compensation Committee or recommended                      by the Compensation Committee to the Board for its approval. |
|--|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | management must disclose to the Compensation Committee or disinterested directors, as applicable, the material terms of the related person transaction, including the                      approximate dollar value of the amount involved in the transaction, and all material facts as to the related person’s direct or indirect interest in, or relationship to, the related person transaction; |
|--|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | management must advise the Compensation Committee or disinterested directors, as applicable, as to whether the related person transaction complies with the terms of our                      agreements governing our material outstanding indebtedness that limit or restrict our ability to enter into related person transactions; |
|--|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | management must advise the Compensation Committee or disinterested directors, as applicable, as to whether the related person transaction will be required to be disclosed                      in our SEC filings. To the extent required to be disclosed, management must ensure that the related person transaction is disclosed in accordance with SEC rules; and |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | management must advise the Compensation Committee or disinterested directors, as applicable, as to whether the related person transaction constitutes a “personal loan”                      for purposes of Section 402 of the Sarbanes-Oxley Act of 2002. |
|--|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

|  | • | The Company conducts business with the Massachusetts Institute of Technology, where Mr. Millard is chair of the Massachusetts Institute of Technology Corporation and                      Professor Canizares is employed as a full time professor.  In no instances did the amount received by the Company or such other organization in fiscal 2018 exceed the greater of $1 million or 1% of either the Company’s or such other                      organization’s consolidated gross revenues.  Mr. Millard and Professor Canizares did not have any interest in these transactions and were not involved in decisions regarding L3 with respect to these transactions. |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | General (Ret.) Dunwoody serves as a director (but not as an executive officer or employee) for non-profit organizations to which we have made charitable contributions.                      Contributions to each of these organizations did not exceed the greater of $120,000 or 1% of the organization’s annual consolidated gross revenues during its last completed fiscal year and were below the thresholds set forth under our                      categorical standards of director independence. |
|--|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ITEM 14. | PRINCIPAL ACCOUNTING FEES AND SERVICES |
|----------|----------------------------------------|

|                  |   | Year   |       |
|-----------------------|--------|--------|------------|
|                  |   | 2018   |       |   | 2017 |   |
| Audit Fees(1)         |   | $      | 16,563,782 |   |   | $ | 17,306,922 |   |
| Audit-Related Fees(2) |   |   | 1,195,716  |   |   |   | 7,087,252 |   |
| Tax Fees(3)           |   |   | 9,200,233  |   |   |   | 8,815,184 |   |
| All Other Fees(4)     |   |   | 1,101,369  |   |   |   | 62,780 |   |

| (1) | Represents fees incurred for the annual audits of the consolidated financial statements and internal control over financial reporting, quarterly reviews of interim                      financial statements and statutory audits of foreign subsidiaries. Audit fees for 2018 include additional fees for procedures related to the new revenue recognition standard and fees incurred as part of the Form S-4 filing relating to                      the L3 Harris merger. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

 Table of Contents

| (2) | Represents fees incurred primarily for the sell-side due diligence for the Vertex Aerospace divestiture. Audit-related fees for 2017 include fees incurred for: (a)                      employee-benefit plan audits, which include fees paid by both the Company and the employee benefit plans and (b) Vertex Aerospace stand-alone financial statements. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Represents fees incurred for: (a) U.S. and foreign income tax compliance, (b) expatriate tax services, (c) state tax planning services and (d) acquisition, divestiture                      and restructuring-related tax services. Tax fees related to tax compliance in 2018 and 2017 were $2,302,571 and $1,987,934, respectively. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | Primarily represents advisory fees for benchmarking services. |
|-----|---------------------------------------------------------------|

| ITEM 15. | EXHIBITS, FINANCIAL STATEMENT                      SCHEDULES |
|----------|--------------------------------------------------------------|

| (a)(1) | Financial statements filed as part of this report: |
|--------|----------------------------------------------------|

| (a)(2) | Financial Statement Schedules |
|--------|-------------------------------|

----

 Table of Contents

| (a)(3) | Exhibits |
|--------|----------|

| ExhibitNo. |   | Description of Exhibits                                                                                                                                                               |
|------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| *31.3      |   | Certification of Chairman, Chief Executive Officer and President pursuant to Rule 13a-14(a) and Rule 15d-14(a) of the Securities Exchange Act of                  1934, as amended.   |
| *31.4      |   | Certification of Senior Vice President and Chief Financial Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) of the Securities Exchange Act                  of 1934, as amended. |

----

| * | Filed herewith. |
|---|-----------------|

----

 Table of Contents

|                 | L3 TECHNOLOGIES, INC. |
|----------------------|-----------------------|
|                 |                  |   |
|                 | By:                   | /s/ Ralph G. D’Ambrosio |
|                 | Title:                | Senior Vice President and Chief Financial Officer |
|                 |                  |   |
| Date: April 30, 2019 |                  |   |

----