L3 Harris Technologies Lands Three Big Contracts, Invests $2 Million in College Program

L3Harris - Courtesy image


L3Harris Technologies L3Harris Technologies (NYSE: LHX) has secured a possible 7-year, $83.1 million contract to integrate and develop an anti-jam modem for wideband satellite communications.

The Navy Wideband Anti-Jam Modem contract is among three big deals for the company which has been establishing a larger presence in Torrance, Calif. since shuttering its Northern California location. The company is headquartered in Melbourne, Fla., near Cape Canaveral.

On July 30, L3Harris landed a 5-year contract worth $64.2 million from the U.S. Air Force for encryption technology to secure telemetry data.

It was also announced the Canadian Commercial Corporation awarded L3Harris an eight-year, $380 million indefinite delivery, indefinite quantity contract to procure WESCAM MX-Series products and services in support of global U.S. Army surveillance and targeting operations.

The Navy WAM contract, which has an initial value of $47.6 M, includes options for the company to manufacture the hardware and perform engineering support work, the Department of Defense said Thursday. WAM will be designed to operate with a multiband terminal on naval vessels and an updated enterprise station on shore.

The deal comes on the heels of the 5-year contract with the Air Force to supply encryption platforms to secure telemetry data and certified by the National Security Agency. The company will produce telemetry security products to the branch as part of the firm-fixed-price, indefinite-delivery/indefinite-quantity contract, the Department of Defense said.

In addition to being awarded the contracts, L3Harris said it will invest $2 million to advance INROADS’ College Links. College Links is a program that seeks to close the knowledge and skills gap that often plagues talented and underserved youth, particularly from racial minority communities.

The company’s investment will be used to establish L3Harris College Links in Orlando, expand the program in Dallas and provide nationwide support. College Links operates in Newark, New Jersey; Atlanta, Georgia; Chicago, Illinois; Cincinnati, Ohio; and Washington, DC. College Links is in the process of expanding to 25 markets in the next three years.