L3Harris Technologies

“I’m thrilled to welcome more than 5,000 employees to the L3Harris team today,” L3Harris Chair and CEO Chris Kubasik said.

Our roundup of the main aerospace and defense stories making the news this week.

L3Harris reported revenue of $4.69 billion in the second quarter, up 13.5% annually, while its earnings per share (EPS) of $2.97 beat analysts’ estimates.

L3Harris plans to transfer a mission system integrated on the out-of-production Gulfstream G550 to the military version of the Bombardier Global 6500.

The letter urges the Pentagon to weigh in on the merger, citing its considerable influence with the antitrust agencies on military-related deals.

Global defense demand remains robust with $252 billion worth of allied contract awards expected over the next 24 months, according to investment bank Jefferies.

The U.S. Space Force’s top planning division is starting to look at the next generation of precision navigation and timing capabilities from orbit.

The U.S. Space Force is working to sell a ground-based satellite communications jammer to multiple foreign nations.

The Air Force Research Laboratory has awarded contracts to L3Harris Technologies and Northrop Grumman to develop communications systems.

The U.S. has announced it will commit thousands of unguided air-to-ground rockets to Ukraine.

The U.S. Army is setting the requirements and looking to release a request soon for the second phase of the high-altitude ISR prototype program.

L3Harris Technologies posted $4.47 billion in revenue in the first quarter, a 9% annual increase.

Maxar is seeing interest in its Maxar 300, a smaller spacecraft drawn from a bus it is making for L3Harris’ Space Development Agency offering.

Northrop Grumman says its Tranche 1 Transport Layer satellite constellation network has passed a critical design review.

A new L3Harris cruise missile is coming to the Bell AH-1Z Viper.

The F-35’s Joint Program Office relies on the oldest F-35s to conduct tests for the most modern upgrades for the fleet.

The launch marks the start of the military's Proliferated Warfighter Space Architecture.

The JPO originally scheduled the first TR-3-equipped F-35 for delivery in April 2023, a year before the end of the new schedule window.

The initial $10 million award was announced March 16 by the General Services Administration.

Expectations remain high that L3Harris Technologies will buy Aerojet Rocketdyne, despite a prolonged antitrust review.

The Army eventually plans to buy its own jets to carry HADES, but will first deploy the payload on contractor-owned and operated business jet-class aircraft.

The contractual milestone ends a four-year negotiating process with the F-35 Joint Program Office as the U.S. Air Force evaluates a replacement engine.

L3Harris is converting the first two AirTractor AT-802s to the special operations OA-1K armed overwatch aircraft ahead of planned government verification tests.

The ALQ-254(V)1 Viper Shield completed an internal critical design review, the company announced on Jan. 30.

Dealmakers in mergers and acquisitions who focus on the aerospace and defense industries are expecting a healthy year ahead for what they do.