Tag Archives: lhx

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.

Brian Fitzpatrick, chief growth officer of LMI, has been selected by the board of directors to replace David Zolet as the company’s CEO on an acting basis. Zolet, who also serves as LMI president and a 2020 Wash100 award winner, will step down from his current roles to pursue a new career opportunity, while the board will begin its search for his replacement as permanent president and CEO, LMI said Tuesday.

Jeff Druessel, former senior director of the national security space division at L3Harris Technologies’ (NYSE: LHX) applied defense solutions subsidiary, has been appointed vice president of strategic development at Riverside Research.

A new Wells Fargo Securities report offers analysts' views on Leidos' (NYSE: LDOS) move to buy the security detection and automation businesses of L3Harris Technologies (NYSE: LHX) for $1B as well as Science Applications International Corp.'s (NYSE: SAIC) plan to acquire the federal unit of Unisys (NYSE: UIS) for $1.2B.

Leidos (NYSE: LDOS) has agreed to buy the security detection and automation businesses of L3Harris Technologies (NYSE: LHX) for $1B in cash to broaden its product portfolio in the global security market.

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.

Todd Stirtzinger, a more than three-decade aerospace and defense industry veteran, has joined Alion Science and Technology as senior vice president of advanced technology group.

The U.S. Navy has named the winners of four prize challenges for mission payload design concepts as part of a program to develop a ship-based unmanned aerial system for Marine Air Group Task Forces.