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 U.S. Army has awarded three firm-fixed-price contracts worth $1.27 billion for the development, production and testing of the Binocular Night Observation Device, or BiNOD. L3Harris received a $466 million award, Elbit Systems of America – Night Vision secured a $450.6 million contract and Photonis Defense was awarded $352.6 million, the Depart...
Hon. Emil Michael doesn’t like the term “valley of death.” Long used to describe the place where promising technology projects go to die between incubation and actually being implemented, it’s become an obstacle — almost a cliche — that the government contracting and tech communities have taken as a given. But at Potomac...
The Missile Defense Agency has awarded 1,014 companies positions on the new Scalable Homeland Innovative Enterprise Layered Defense contract, a potential 10-year, $151 billion vehicle for the Golden Dome multi-layer missile defense architecture. The first tranche of staggered awards establishes the competitive pool while the agency continues discuss...
The Department of State has approved a potential $705 million foreign military sale of M142 High Mobility Artillery Rocket Systems and related equipment to Australia. Lockheed Martin, L3Harris, Leonardo DRS and Oshkosh will be the principal contractors. The Potomac Officers Club will host the 2025 GovCon International and Gl...
Anduril is the ultimate disruptor in national security technologies. Competing against traditional contracting giants such as Lockheed Martin and Boeing, Anduril has found its niche in GovCon by operating more like a tech startup than a legacy defense prime, pushing software-first, rapid prototyping and iteration cycles measured in months instead ...
A bill sponsored by Rep. Mark Messmer, R-Ind., and endorsed by Sens. Dan Sullivan, R-Ark., and Kevin Cramer, R-N.D., that aims to modernize and enhance the United States’ missile defense capabilities was introduced on Tuesday. Messmer’s website says the Ground and Orbital Launched Defeat of Emergent Nuclear Destruction and Other Missile...
SES has named Elisabeth Pataki as its new chief financial officer, effective June 16. Pataki will succeed Sandeep Jalan, who has served as the CFO since May 2020, SES said Friday. Intelsat Acquisition Pataki, who currently holds the same role at L3Harris subsidiary Aerojet Rocketdyne, will join SES amid its ongoing effort to acquire Intelsat...
Golden Dome, President Donald Trump’s proposed U.S. missile defense system, could leverage AI services to boost the system’s autonomy and reduce the manpower required for the system’s operation, according to a news report. The U.S. Army is scouting for AI capabilities for Golden Dome as it is a large contributor to the air and miss...
The State Department has approved Qatar’s foreign military sale request for MQ-9B Remotely Piloted Aircraft, or RPA, and related equipment worth an estimated $1.96 billion. The Defense Security Cooperation Agency said Wednesday General Atomics Aeronautical Systems, Boeing, L3Harris, Leonardo S.p.A., Lockheed Marti...
