BT Federal and L3Harris Technologies (NYSE: LHX) have received a three-year authority to operate from the General Services Administration following completion of business support system tests under GSA's Enterprise Infrastructure Solutions contract.
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Elbit Systems Completes $350M Acquisition of Night Vision Business From L3Harris
Elbit Systems' (Nasdaq: ESLT) U.S. subsidiary has completed its purchase of a night vision business from L3Harris Technologies (NYSE: LHX) for approximately $350M in cash. First announced in April, the divestment was a regulatory requirement associated with the merger between L3 Technologies and Harris.
Read More »L3Harris Wins $249M USMC Night Vision Goggle Supply Contract
L3Harris Technologies (NYSE: LHX) has won a potential five-year, $249M contract to produce Squad Binocular Night Vision Goggles for the U.S. Marine Corps. Six offers were submitted for the indefinite-delivery/indefinite-quantity contract.
Read More »McAleese & Associates: L3Harris Records 10% Sales Growth in Full Year 2019 Pro Forma Guidance
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.
Read More »BT Federal, Core Technologies. L3Harris Near Systems Test Completion for EIS Telecom Contract
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.
Read More »L3Harris Selected to Participate in USAF HF Radio Modernization Program
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.
Read More »L3Harris Technologies Unveils Four ‘Mission-Focused’ Business Segments
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.
Read More »UTC Vet Jay Malave Joins L3Harris as SVP, CFO
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.
Read More »Lockheed Named Largest Contract Recipient in DOD’s Fiscal 2019 State-Level Spending Report
A state-by-state analysis of Department of Defense spending showed Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) took the first three spots on a list of top 10 contract awardees during fiscal year 2019. The list also includes General Dynamics (NYSE: GD), BAE Systems, Huntington Ingalls Industries (NYSE: HII), Humana (NYSE: HUM), L3 Technologies, which now operates as L3Harris Technologies (NYSE: LHX) after it merged with Harris, Raytheon and United Technologies Corp. Raytheon and UTC merged in April 2020 and the combined entity now runs as Raytheon Technologies (NYSE: RTX).
Read More »State Dept Clears $128M ISR Aircraft Sale to Kazakhstan
The State Department has cleared Kazakhstan's request to buy King Air B300ER Scorpion multimission aircraft along with related intelligence, surveillance and reconnaissance equipment from the U.S. government through a potential $128.1M foreign military sales transaction.
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