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L3harris Technologies

All articles tagged with #l3harris technologies

military8 days ago

US expands missile warning network with 36 new SDA satellites

Space Development Agency awarded about $1.75 billion to L3Harris Technologies and Sierra Space to build 36 infrared-sensing satellites for its proliferated low-Earth orbit Tracking Layer, expanding the Proliferated Warfighter Space Architecture. The 18-satellite contracts total roughly $955 million for L3Harris and $798 million for Sierra Space, with launches planned by end-2028 across two orbital planes and a common ground system to provide missile warning, tracking data, and defense capabilities against ballistic and hypersonic threats, supporting homeland defense and allied missions under the Golden Dome concept.

Defense Dept backs L3Harris with $1B for pre-IPO missile-motors unit
industries6 months ago

Defense Dept backs L3Harris with $1B for pre-IPO missile-motors unit

The Defense Department invested $1 billion in L3Harris via convertible preferred securities that will convert into common stock in an IPO planned for the second half of 2026, creating a majority-owned missile-solutions unit with the government as an anchor investor but no board seats. The move aims to expand U.S. missile capacity, and L3Harris stock rose toward record closes amid a broader defense-focused rally, though congressional approval could be required for the government stake.

technology3 years ago

DoD to Launch First Experimental GPS Satellite in 50 Years.

The US Space Force has completed testing of the Department of Defense's experimental navigation satellite, NTS-3, which is set to be launched later this year. Developed by L3Harris Technologies, the satellite is the first of its kind to be developed by the DoD since the 1970s and has undergone successful testing at California's Edwards Air Force Base.