tiprankstipranks
L3Harris Technologies awarded $999M contract from U.S. Navy
The Fly

L3Harris Technologies awarded $999M contract from U.S. Navy

L3Harris Technologies (LHX) has received an indefinite delivery, indefinite quantity award from the U.S. Navy, worth up to $999M, to provide U.S. and coalition forces with resilient communications technology. Over the next five years, L3Harris will deliver its Multifunctional Information Distribution System Joint Tactical Radio System Terminals. L3Harris is one of two providers of the MIDS JTRS solution, which is a critical, software-defined Link 16 resilient communication radio for a variety of air, ground and maritime platforms.

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App