A new report by consulting firm McAleese & Associates says L3Harris Technologies (NYSE: LHX) issued its full year 2019 pro forma guidance, posting a 10 percent sales increase at $18B and a sector operating margin of 16 percent.

Three of the nine companies holding positions on the General Services Administration’s potential 15-year, $50B contract vehicle  for telecommunication services could obtain “authority to operate” certifications by the end of the third quarter, FCW reported Friday.

Jim Garrettson, founder and CEO of Executive Mosaic, presented Steve Harris, senior vice president and general manager of Dell EMC Federal, with his fourth consecutive Wash100 Award on Thursday. 

L3Harris Technologies (NYSE: LHX) has received a contract to develop a prototype of wideband airborne high-frequency radio technology for the U.S. Air Force. USAF selected the L3Harris Falcon offering for an industry competition that seeks a replacement for the service branch's AN/ARC-190 radio, the company said Wednesday.

L3Harris Technologies (NYSE: LHX), the new company formed by the merger of defense contractors Harris and L3 Technologies, has organized its operations into four business segments with the goal to help government and commercial customers address mission requirements. Melbourne, Fla.-based L3Harris said Monday it expects to generate $17B in annual revenue through its operating businesses that will offer a range of technology platforms in the air, sea, land, space and cyber areas.

Jesus “Jay” Malave, a more than 20-year United Technologies Corp. (NYSE: UTC) veteran, has joined L3Harris Technologies (NYSE: LHX) as senior vice president and chief financial officer.

Harris (NYSE: HRS) and L3 Technologies (NYSE: LLL) set June 29, Saturday, as the closing date for their all-stock merger deal after they secured the regulatory clearances needed to complete the transaction.

The Department of Justice has given L3 Technologies (NYSE: LLL) and Harris (NYSE: HRS) an antitrust approval to advance their merger through an all-stock transaction, Reuters reported Friday.

A McAleese & Associates report says the merged company of L3 Technologies (NYSE: LLL) and Harris (NYSE: HRS) would invest 4 percent of $18B combined revenue in independent research-and-development efforts.

Harris (NYSE: HRS) has been awarded a second low-rate initial production order to supply the U.S. Army with tactical radio systems as part of a potential 10-year, $12.7B contract awarded in 2016. The new order falls under the Handheld, Manpack and Small Form-Fit indefinite-delivery/indefinite-quantity contract and precedes an operational test the service branch will conduct, Harris said Thursday.