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L3Harris to Provide Unmanned Vehicle for Navy Expeditionary Undersea Mission; Daryl Slocum Quoted

The Defense Innovation Unit and the U.S. Navy have selected L3Harris Technologies (NYSE:LHX) to build and test an underwater drone for the service branch. L3Harris said Wednesday it will provide the Iver4-900 unmanned undersea vehicle as part of an other transaction agreement to support the Navy's Next Generation Small-Class Maritime Expeditionary Mine Countermeasures UUV program.

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Four Firms Awarded Prototype Dev’t Contracts in Support of MDA Space Sensor Program

Four companies have won separate contracts from the Missile Defense Agency to come up with payload design prototypes for the Hypersonic and Ballistic Tracking Space Sensor Program. The Department of Defense said Tuesday Northrop Grumman (NYSE: NOC), Leidos (NYSE: LDOS), L3Harris Technologies (NYSE: LHX) and Raytheon (NYSE: RTN) each received a $20M firm-fixed-price contract, which includes risk-reduction demonstration for signal-chain processing.

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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.

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