L3Harris Awarded $81 Million Contract to Connect Multi-orbit Satellite Constellations

SALT LAKE CITY, June 6, 2023 - The U.S. Air Force awarded L3Harris Technologies (NYSE:LHX) an $81 million contract to deliver a new multi-orbit, multi-waveform satellite communications (SATCOM) capability.

The Air Force's Strategic Development and Planning office is overseeing the contract as part of its ongoing Global Lightning program to develop deployable systems that connect military satellites, protected waveform infrastructure and new commercial space internet satellite constellations into a single network. L3Harris will leverage its Rapidly Adaptable Standards-compliant Open Radio (RASOR ) to deliver resilient, protected, high-bandwidth, high-availability communications and data-sharing capabilities.

Our goal is to extend seamless data connection to a wide variety of manned and unmanned airborne platforms, ground and surface platforms, and other operating locations utilizing low-Earth orbit and other satellites, said Brendan O'Connell, President, Broadband Communications, L3Harris. These capabilities leverage our L3Harris open-systems approach to drive reusability, affordability and the rapid adoption of path-agnostic communications. RASOR has led and will continue to lead the resilient and advanced capability needs of our customer's missions.

This award continues L3Harris' support of the ongoing Global Lightning program. In 2020, the Air Force awarded contracts that successfully established multi-orbit SATCOM terminals for multiple aerial platforms. The company has showcased RASOR in a series of military and industry demonstrations since its 2021 launch, including flight demonstrations with the Air Force and General Atomics.

About L3Harris Technologies

L3Harris Technologies is the Trusted Disruptor for the global aerospace and defense industry. With customers' mission-critical needs always in mind, our 46,000 employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains.

Forward-Looking Statements

This press release contains forward-looking statements that reflect managements current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Statements about the value or expected value or orders, contracts or programs or about system or technology capabilities are forward-looking and involve risks and uncertainties. L3Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

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LINK:	https://www.l3harris.com/newsroom/press-release/2023/06/l3harris-award...
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