L3Harris wins Space Force satellite contract and new Army orders

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โดย Simply Wall St·Read original
Summary · why it matters

L3Harris Technologies has secured a contract from the U.S. Space Force's Space Development Agency for 18 Accelerated Missile Defense Tranche 3 satellites, while also receiving major orders tied to the U.S. Army's Next Generation Command and Control initiative. The AMDT3 award gives L3Harris a role in the Space Development Agency's next round of missile tracking satellites, using payloads that provide fire control quality data, and adds to an already sizable space backlog of more than 70 missile tracking and defense satellites on order across multiple programs. The new Army orders relate to the Next Generation Command and Control initiative's transport layer, expanding the company's footprint in secure tactical communications. These contracts reinforce L3Harris' positioning in missile warning and resilient communications, though they also highlight ongoing exposure to fixed-price and complex development programs that could pressure margins if execution is challenging.

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L3Harris Technologies Inc
LHX
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Wins Space Force satellite contract and new Army orders for missile tracking and secure communications.

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