Search Results for: L3harris

RENK to Buy L3Harris’ Combat Propulsion Systems, Magnet-Motor Businesses; Florian Hofbauer Quoted

RENK, a Germany-based maker of automatic transmissions and gear units for military vehicles, has agreed to acquire Combat Propulsion Systems and Magnet-Motor businesses of L3Harris Technologies (NYSE: LHX) for an undisclosed sum to create a combat mobility platforms developer with key operations in the U.S. and Europe. RENK said Monday it …

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CAE Close to Sealing $1.05B Purchase Deal for L3Harris’ Military Training Business

Canadian aerospace company CAE (NYSE: CAE) is close to finalizing a potential $1.05 billion deal to acquire the military training division of L3Harris Technologies (NYSE: LHX) as part of a push to expand its defense business, The Wall Street Journal reported Sunday. WSJ cited sources that say the acquisition agreement …

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GovCon Expert Jim McAleese Notes L3Harris CEO Transition, Growth Drivers for 2021

A McAleese & Associates report about L3Harris Technologies‘ (NYSE: LHX) financial results for both the fourth quarter and full 2020 fiscal year says the Melbourne, Florida-based government contractor will transition the CEO position from William Brown to Christopher Kubasik, who has served as vice chairman, president and chief operating officer …

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L3Harris Receives $89M Option on Space Force Situational Awareness Contract; Ed Zoiss Quoted

L3Harris Technologies (NYSE: LHX) will continue to help the U.S. Space Force and Space Command maintain infrastructure for monitoring assets in orbit as part of an $89 million option award under the potential 10-year, $1.2 billion Maintenance Of Space Situational Awareness Integrated Capabilities contract. The company said Thursday the award …

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L3Harris to Build Ground Control System for NOAA Space Weather Observatory

NOAA SWFO-L1 mission

L3Harris Technologies (NYSE: LHX) has received a five-year, $43 million contract to build a command and control system for the National Oceanic and Atmospheric Administration's next space weather observatory. The company will develop, deploy and operate ground infrastructure of the Space Weather Follow On-Lagrange 1 satellite that is scheduled for 2025 launch, NOAA said Friday.

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L3Harris Wins Potential $122M Contract to Demo On-Orbit Threat Sensor Platform

L3Harris Technologies (NYSE: LHX) has won a potential $121.6M other transaction award from the Missile Defense Agency to conduct an on-orbit demonstration of a space-based prototype sensor designed to track hypersonic and ballistic threats. MDA received four proposals for the project through a competitive solicitation among industry participants in Phase …

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SDA Upholds Tracking Layer Tranche 0 Contract Awards to L3Harris, SpaceX

Tracking Layer Tranche 0

The Space Development Agency upheld its decision to award contracts to L3Harris Technologies (NYSE: LHX) and SpaceX to build missile tracking satellites for the proposed National Defense Space Architecture following the reevaluation of bids for the contracts, C4ISRNET reported Thursday.

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L3Harris Wins $496M Contract to Engineer, Manufacture Navy Jamming Pods

Next Generation Jammer Low Band demonstration unit

L3Harris Technologies (NYSE: LHX) has secured a $496M engineering and manufacturing development contract to build aircraft-based jamming system pods for the U.S. Navy. The company will provide eight operational prototypes and four test pods of the branch's Next Generation Jammer Low Band system, Naval Air Systems Command said Friday.

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Army Orders Additional L3Harris Falcon IV Handheld; Dana Mehnert Quoted

L3Harris Falcon IV radios

L3Harris Technologies (NYSE: LHX) has won a $57M order to supply more two-channel handheld radios to the U.S. Army as part of a potential 10-year, $3.9B indefinite-delivery/indefinite-quantity contract. The Falcon IV AN/PRC-163 radio is designed to facilitate voice and data exchanges on the service branch's integrated tactical network, L3Harris said.

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L3Harris to Help Maintain USAF C-130 Aircraft Under Potential $668M Contract

U.S. Air Force C-130

L3Harris (NYSE: LHX) has won a $667.9M contract to help the U.S. Air Force maintain the service branch's C-130 Hercules transport aircraft. The company will provide midcycle paint services for C-130J airlifters and depot-level maintenance for C-130H planes, the Department of Defense said Monday.

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