UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): March 1, 2005
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L-3 Communications Holdings, Inc.
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(Exact Name of Registrants as Specified in Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
001-14141 13-3937434
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(Commission File Number) (IRS Employer Identification No.)
600 Third Avenue, New York, New York 10016
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(Address of Principal Executive Offices) (Zip Code)
(212) 697-1111
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(Registrants' Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13.e-4(c))
Section 1 - Registrant's Business and Operations
Item 1.01 Entry into a Material Definitive Agreement.
On March 1, 2005, the Compensation Committee (the "Compensation
Committee") of the Board of Directors of L-3 Communications Holdings, Inc.
(the "Company") approved bonus awards for the fiscal year ended December 31,
2004 for the named executive officers of the Company in the amount set forth
below. Previously, the Compensation Committee approved the base salaries for
the fiscal year ended December 31, 2005 for the named executive officers of
the Company as set forth below.
Name and Position 2004 Cash Bonus Award 2005 Base Salary
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Frank C. Lanza $ 1,100,000 $ 975,000
Chairman and Chief
Executive Officer
Michael T. Strianese $ 525,000 $ 480,000
Senior Vice President,
Finance
Christopher C. Cambria $ 525,000 $ 430,000
Senior Vice President,
Secretary and General
Counsel
Charles J. Schafer $ 465,000 $ 380,000
Senior Vice President,
Business Operations
and President of the
Products Group
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on their behalf
by the undersigned hereunto duly authorized.
L-3 COMMUNICATIONS HOLDINGS, INC.
By: /s/ Christopher C. Cambria
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Name: Christopher C. Cambria
Title: Senior Vice President,
Secretary and General Counsel
Dated: March 1, 2005