L3Harris Technologies

The Tracking Layer satellites are to be part of the first group of operational missile-tracking spacecraft in the Proliferated Warfighter Space Architecture.

Industry titans will continue to sell off businesses, and private equity will continue to play a central role.

L3Harris highlights the potential for the acquisition of Aerojet Rocketdyne to help the defense contractor become a larger player in space and missile systems.

L3Harris Technologies is adding two members to its board of directors, including a former CEO of erstwhile Raytheon, a deal with activist investor D.E. Shaw.

Ken Bedingfield, a former chief financial officer at Northrop Grumman, is taking the same position at L3Harris Technologies, the latter announced Dec. 4.

Most fighter aircraft made in the U.S. are in line to get improved radar warning receivers and self-protection jammers.

The news comes as the company works to pay down debt associated with its acquisition of Aerojet Rocketdyne.

The spacecraft is the Pentagon’s first experimental navigation satellite in nearly 50 years.

Canadian simulation and training leader CAE has no intention of diversifying away from aerospace and defense.

Firefly Aerospace’s valuation has reached $1.5 billion following the conclusion of another tranche of financing in its Series C round.

Defense contractor L3Harris’ sales beat Wall Street’s expectations, as did its earnings per share of $3.19.

Sierra Nevada Corp. has won the latest prototype award, facing off against a team led by L3Harris Technologies.

Taiwan has operated six Northrop Grumman E-2K Hawkeye aircraft with APS-145 radars, but the air force been looking for a replacement.

Lockheed Martin’s aeronautics division took a sales hit in the third quarter of fiscal 2023 as continued F-35 delivery delays ate into the bottom line.

L3Harris is expanding its presence in the aftermarket by getting into the used equipment business, a space in which it historically has not participated.

Additional L3Harris counter-uncrewed aircraft systems are expected to be in Ukraine by year’s end.

L3Harris is co-primed with BAE Systems on the EC-37B.

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

BAE Systems and L3Harris Technologies has delivered the first EC-37B Compass Call aircraft to the U.S. Air Force for developmental and operational testing.

Lockheed has further delayed delivery of the first F-35 upgraded with new avionics, to the second quarter of 2024, adding to a backlog of deferred shipments.

The Missile Defense Agency (MDA) plans to launch the two prototype satellites for its Hypersonic and Ballistic Tracking Space Sensor system later this year.

Editors discuss Northrop's exit from the U.S. Air Force’s competition to replace the F-22 and the implications of L3Harris’ acquisition of Aerojet Rocketdyne.

“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.