EXHIBIT 99.2



                         [L-3 COMMUNICATIONS LETTERHEAD]

Contact:    Cynthia Swain
            Vice President, Corporate Communications
            L-3 Communications
            212-697-1111

Contact:    Financial Dynamics
            Investors: Eric Boyriven, Olivia Pirovano      For Immediate Release
            Media: Evan Goetz                              ---------------------
            212-850-5600



             L-3 COMMUNICATIONS DECLARES REGULAR QUARTERLY DIVIDEND

NEW YORK, NY--October 12, 2004--L-3 Communications (NYSE: LLL) announced today
that its Board of Directors has declared a regular quarterly dividend of $0.10
per share in cash, payable December 15, 2004, to shareholders of record at the
close of business on November 17, 2004.

Headquartered in New York City, L-3 Communications is a leading provider of
Intelligence, Surveillance and Reconnaissance (ISR) systems, secure
communications systems, aircraft modernization, training and government services
and is a merchant supplier of a broad array of high technology products. Its
customers include the Department of Defense, Department of Homeland Security,
selected U.S. Government intelligence agencies and aerospace prime contractors.

To learn more about L-3 Communications, please visit the company's web site 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. 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.