L3Harris Technologies (NYSE: LHX) has been awarded a one-year, $90M contract modification to provide radio systems, spares and support services to the U.S. Army.

Leidos Completes $1B Purchase of L3Harris’ Security Detection, Automation Businesses; Roger Krone Quoted Leidos has finalized its acquisition of L3Harris Technologies’ security detection and automation businesses for approximately $1 billion in cash, Leidos said Monday. The company also announced that Jim Moos, president of Leidos’ civil group, will oversee the acquired businesses. “In …

Leidos (NYSE: LDOS) has finalized its acquisition of security detection and automation businesses of L3Harris Technologies (NYSE: LHX) for approximately $1B in cash. Jim Moos, president of Leidos’ civil group, will oversee the acquired businesses, which operate with over 1,200 employees combined and provide automated tray return systems, airport screening products and other industrial automation platforms to customers in the government, critical infrastructure, transportation and aviation markets, Leidos said Monday.

L3Harris Technologies (NYSE: LHX) has secured a $95M low-rate initial production order to build additional AN/PRC-158 multichannel radios for the U.S. Army.

The U.S. Army has awarded L3Harris Technologies (NYSE: LHX) and Vortex Optics separate five-year, other transaction agreements to prototype fire control systems for the service branch's Next Generation Squad Weapon program.

L3Harris Technologies (NYSE: LHX) will offer its BeOn software application for free to health care and public safety workers, allowing users to turn their smartphones, laptops and other devices into an encrypted public safety radio, the company announced on Tuesday.

Raytheon (NYSE: RTN) and L3Harris Technologies (NYSE: LHX) have been awarded separate five-year, $500M contracts to develop anti-jam modems to support U.S. Space Force's tactical satellite communications.

American Holoptics, a Koucar Management affiliate, has agreed to acquire L3Harris Technologies’ (NYSE: LHX) EOTech business for an undisclosed sum. The acquisition is expected to be finalized by mid-2020, subject to customary closing conditions, the companies said in a joint release published Tuesday.

L3Harris Technologies (NYSE: LHX) has received a multimillion-dollar contract from the U.S. Air Force to develop a platform designed to help the military identify objects in large sets of imagery data using artificial intelligence, C4ISRNET reported Wednesday.

L3Harris Technologies (NYSE: LHX) has been awarded a five-year, $383.2M contract to produce high-frequency radios and associated equipment for the U.S. Marine Corps.