L3 Appoints John N. Feren as Vice President of Business Development and Marketing for Commercial Aviation

Date : 12/14/2017 @ 1:02PM
Source : Business Wire
Stock : L3 Technologies, Inc. (LLL)
Quote : 215.23  -3.0 (-1.37%) @ 4:04PM

L3 Appoints John N. Feren as Vice President of Business Development and Marketing for Commercial Aviation

L3 Technologies, Inc. (NYSE:LLL)
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L3 Technologies (NYSE:LLL) announced today that it has appointed John N. Feren as Vice President of Business Development and Marketing for Commercial Aviation. In this newly created position, Mr. Feren will seek to leverage L3’s commercial aviation portfolio to generate new business and accelerate growth, deepen and extend executive-level relationships with airline customers and commercial aviation organizations, and implement a new customer account management structure and culture.

“As our Electronic Systems business segment expands in the commercial marketplace, we are continuing to build a team of executives that will drive growth and excellence in this dynamic and fast-growing business area,” said Christopher E. Kubasik, L3’s President and Chief Operating Officer. “Our company will benefit from John’s extensive business and civil aviation experience and knowledge base.”

Mr. Feren will report to Todd W. Gautier, L3’s Senior Vice President and President of its Electronic Systems segment, and will be based at the segment’s headquarters in Arlington, Texas.

“John will help Electronic Systems focus on bringing affordable and innovative solutions to our extensive range of customers,” added Mr. Gautier. “We will accelerate growth by creating new pathways to key customers by offering ‘bundled,’ integrated solutions with our avionics, security and detection, and training capabilities to the global airline marketplace.”

Mr. Feren joins L3 Electronic Systems with decades of experience in commercial aviation. Most recently, he served as the Executive Vice President, Head of Global Strategy & Development of Aviation Capital Group (ACG), after beginning with the company as its Senior Vice President of Business Development.

Prior to joining ACG, Mr. Feren enjoyed a 30-year career with Boeing Commercial Airplanes in a number of capacities, including Vice President of Airplane Sales for leasing companies and head of the used airplane group. He also served as the Vice President of Sales, Marketing and In-Service support at the inception of the 7E7, which is known today as the 787 program. Mr. Feren was the sales leader for Canada, the U.S. and Latin America for six years after the merger of Boeing with McDonnell Douglas. At McDonnell Douglas, he served in a variety of management roles, including sales, contracts, customer programs and finance director on the MD-80.

Mr. Feren has undergraduate degrees in information and computer science and economics, and an advanced degree in administration from the University of California, Irvine, as well as postgraduate degrees from Claremont Graduate School and the Massachusetts Institute of Technology.

Headquartered in New York City, L3 Technologies employs approximately 38,000 people worldwide and is a leading provider of a broad range of communication, electronic and sensor systems used on military, homeland security and commercial platforms. L3 is also a prime contractor in aerospace systems, security and detection systems, and pilot training. The company reported 2016 sales of $10.5 billion.

To learn more about L3, please visit the company’s website at www.L3T.com. L3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L3 is routinely posted on the company’s website and is readily accessible.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “will,” “could” and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the company’s Safe Harbor Compliance Statement for Forward-Looking Statements included in the company’s recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.

L3 TechnologiesCorporate Communications212-697-1111

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