L3Harris Secures $700 Million Advanced Missile Tracking Space Development Agency Program

MELBOURNE, Fla.–(Company WIRE)–L3Harris Systems (NYSE:LHX) has been awarded a agreement to make the Room Growth Agency’s (SDA) Tranche 1 Tracking Layer satellite plan to provide as “eyes in the sky” detecting, determining and tracking innovative missile threats. The contract has a probable overall price of $700 million.

“Investing in resilient house property and performing as a Dependable Disruptor in this industry are core to our prolonged-term approach,” reported Christopher E. Kubasik, Chair and Main Executive Officer. “Our consumers have been apparent missile protection know-how and space domain consciousness architecture will have to be diversified, and our groups are positioned to deliver all those reducing edge remedies.”

L3Harris will make a 14-car satellite constellation that will contain optical communications terminals, infrared mission payloads, Ka-band communications payloads and various pointing modes – sophisticated technological innovation especially designed to establish and keep track of the fastest missiles acknowledged to exist. The plan also includes similar floor, functions and sustainment assist.

“Flowing from our values as an corporation prioritizing agenda, then charge, the Tranche 1 Monitoring Layer went from solicitation to award in roughly 120 times and proceeds to display the Place Advancement Agency’s capability to purchase abilities at velocity,” said SDA director, Derek Tournear. “We look forward to collaborating with our market partners to swiftly supply missile warning/missile monitoring abilities as component of the Division of Defense hybrid architecture that will give significant and timely details to the joint warfighter in the quite near long run.”

L3Harris made four prototype satellites beneath the SDA’s Tracking Layer Tranche award in 2020. The four place motor vehicles created less than the $193 million firm preset-price tag deal will start in 2023.

“L3Harris is correctly executing SDA’s foundational Tracking Layer Tranche system, which established their strategic way ahead for quickly deploying relevant mission capabilities to our nation’s warfighters,” claimed Kelle Wendling, President, Room Techniques, L3Harris. “This Tranche 1 win demonstrates our capacity to nimbly scale from preliminary demonstration to proliferation with improved mission ability, resilience, global protection, and speed to deployment as threats continue on to evolve.”

As element of an ongoing motivation to prime contracts in house-primarily based missions for multiple prospects in domains this sort of as missile protection, climate, science, imaging, and radio frequency, L3Harris has prioritized considerable investments in spacecraft, payloads, ground application and sophisticated algorithms to help ground breaking close-to-conclude mission remedies.

About L3Harris Systems

L3Harris Systems is an agile global aerospace and defense technologies innovator, providing finish-to-end alternatives that fulfill customers’ mission-significant desires. The corporation provides sophisticated protection and industrial systems throughout house, air, land, sea and cyber domains. L3Harris has a lot more than $17 billion in annual revenue and 47,000 personnel, with shoppers in additional than 100 nations. L3Harris.com.

Forward-Looking Statements

This press release includes ahead-seeking statements that replicate management’s present expectations, assumptions and estimates of long term effectiveness and economic disorders. This sort of statements are produced in reliance on the harmless harbor provisions of Section 27A of the Securities Act of 1933 and Area 21E of the Securities Exchange Act of 1934. The enterprise cautions investors that any forward-wanting statements are subject matter to threats and uncertainties that might trigger genuine benefits and long term trends to vary materially from all those issues expressed in or implied by this kind of ahead-looking statements. Statements about the value or expected price of orders, contracts or programs are ahead-searching and require hazards and uncertainties. L3Harris disclaims any intention or obligation to update or revise any ahead-seeking statements, whether or not as a outcome of new information and facts, long run activities, or normally.

Maria Flores

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