Search Results for: L3Harris Technologies

Harris, L3 All-Stock Merger Completed to Form L3Harris Technologies; Christopher Kubasik, William Brown Quoted

The all-stock merger between L3 Technologies and Harris Corp. has been completed to form L3Harris Technologies (LHX), the new company announced on Monday. L3Harris is officially the sixth largest defense company in the United States worth approximately $17 billion in revenue with over 50,000 employees. The company also announced the details regarding its own leadership, the board of directors and organizational structure. 

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L3Harris to Back American Rheinmetall Vehicles’ Army OMFV Combat Vehicle Program Pursuit

L3Harris-Rheinmetall Partnership on Army OMFV Program

L3Harris Technologies and Rheinmetall’s U.S. defense arm have agreed to pursue the U.S. Army’s Optionally Manned Fighting Vehicle program that seeks to replace the service's Bradley infantry vehicles. L3Harris will provide cybersecurity and vehicle mission systems and share its modular open systems approach to support the development of American Rheinmetall Vehicles’ Lynx platform for the OMFV program.

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L3Harris Eyes Responsive Space Systems Contracts; Ed Zoiss Quoted

Ed Zoiss L3Harris Technologies

L3Harris Technologies is pursuing contract opportunities in responsive space systems as the Department of Defense invests more in the development of such architectures, C4ISRNET reported Wednesday. Ed Zoiss, president of space and airborne systems at L3Harris, said the company has received six contracts in responsive space and attributed those contract wins to its payload expertise, mission knowledge and capability to deliver rapid platforms.

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CAE Signs $1B Deal for L3Harris’ Military Training Unit; Marc Parent Quoted

Marc Parent President

CAE has agreed to buy the military training segment of L3Harris Technologies for approximately $1.05 billion in a strategy to access multiple programs aimed at preparing U.S. warfighters for aircraft and weapon system operations. Montreal-based CAE said Monday it expects to close the transaction in the second half of this year. Marc Parent, president and CEO of CAE, said the company aims to accelerate its growth strategy in the defense and security space through the acquisition and expand its U.S. market presence.

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L3Harris to Develop, Integrate Systems for Fincantieri-Made Navy Frigates Under $300M Contract

FFG-62 frigate Concept art

L3Harris Technologies has secured a potential $300 million subcontract to provide subsystems and related integration services for a new class of guided-missile frigates being developed by Fincantieri Marinette Marine under a U.S. Navy surface combatant program. The company said Monday it will produce and integrate major subsystems for the FFG 62 frigate, which the Navy plans to build at least 10 of.

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Inmarsat Approves L3Harris Satellite Terminal for Global Xpress Broadband Service

L3Harris DarkWing

An L3Harris Technologies-built very small aperture terminal has been certified for military and commercial use on Inmarsat's Global Xpress satellite broadband connectivity network. Inmarsat granted Category 1 and Category 4 approval for the DarkWing VSAT offering to help customers gain high-speed internet access, connect to virtual private networks and transmit videos, L3Harris said Monday.

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