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Finn Inge Langeland Appointed Managing Director of L-3 Valmarine
DRAMMEN, Norway, December 1, 2010 L-3 Valmarine announced today
that it has appointed Finn Inge Langeland as its managing director. He will
report directly to Klaus Lorenz, vice president of European Operations for
L-3 Marine & Power Systems. Mr. Langeland succeeds Ingvald Løvdal, who
will manage the Marine Navigation division at L-3 Valmarine.
“We are delighted to welcome Finn to our L-3 Valmarine team,” said Mr.
Lorenz. “Finn has a strong industry background and broad management
experience to execute our growth strategy.”
Mr. Langeland has more than 15 years of operational management
experience in the marine automation market. Prior to joining L-3, he served as
the head of hardware and software development at Bjørge Marine Automation.
From 2007 to 2010, he served as its managing director and contributed
significantly to the development of the company’s worldwide activities.
“I look forward to leading L-3’s Valmarine business,” said Mr. Langeland. “The
company has seen a long period of growth and robust financial performance.
Along with the rest of the L-3 Marine & Power Systems companies,
Valmarine has a diverse product portfolio, excellent market positions and
highly skilled people, which provide a firm foundation for additional growth.”
Located in Drammen, Norway, L-3 Valmarine, a division of L-3 Marine &
Power Systems, has branch offices in Tampere, Finland, and Bergen,
Norway, with representatives in Italy, France, Singapore, the U.S., China and
Korea. With a focus on the cruise ship market, L-3 Valmarine is a major
supplier of automation and navigation systems for advanced vessels
worldwide. To learn more about L-3 Valmarine, please visit the company’s website at www.L-3com.com/Valmarine.
Comprised of 20 operating companies, L-3 Marine & Power Systems (L-3
M&PS) is a worldwide leader in maritime automation and control, navigation,
communications, dynamic positioning, and power distribution and
conditioning for the U.S. Navy, allied foreign navies and commercial
customers worldwide. With over 86 locations in 18 countries, L-3 M&PS is a
cohesive, global partner with extensive capabilities and a proven track record
in delivering the highest level of technology, service and integration. To learn
more about L-3 Marine & Power Systems, please visit the company’s
website at www.L-3com.com/MPS.
Headquartered in New York City, L-3 Communications employs
approximately 65,000 people worldwide and is a prime contractor in C3ISR
(Command, Control, Communications, Intelligence, Surveillance and
Reconnaissance) systems, aircraft modernization and maintenance, and
government services. L-3 is also a leading provider of a broad range of
electronic systems used on military and commercial platforms. The company
reported 2009 sales of $15.6 billion. To learn more about L-3, please visit the
company’s website at www.L-3com.com.
Safe Harbor Statement Under the Private Securities Litigation Reform Act
of 1995
Except for historical information contained herein, the matters set forth in
this news release are forward-looking statements. Statements that are
predictive in nature, that depend upon or refer to events or conditions or that
include words such as "expects," "anticipates," "intends," "plans,"
"believes," "estimates," "will," "could" and similar expressions are forward-
looking statements. The forward-looking statements set forth above involve a
number of risks and uncertainties that could cause actual results to differ
materially from any such statement, including the risks and uncertainties
discussed in the company's Safe Harbor Compliance Statement for Forward-
looking Statements included in the company's recent filings, including Forms
10-K and 10-Q, with the Securities and Exchange Commission. The forward-
looking statements speak only as of the date made, and the company
undertakes no obligation to update these forward-looking statements.
Contact:
Ulrich Roehrl
SAM Electronics GmbH
Marketing
+49 (0)40 8825 2110
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