L3Harris Pockets $235M Worth Radio Production Orders From US Army

L3Harris Technologies Inc (NYSE:LHX) has bagged two production orders totaling $235 million to provide leader and manpack radios for the U.S.…
  • L3Harris Technologies Inc (NYSE:LHX) has bagged two production orders totaling $235 million to provide leader and manpack radios for the U.S. Army.
  • These second, full-rate production orders deliver multi-mission networking capability for warfighters.
  • The AN/PRC-163 Leader and AN/PRC-158 Manpack radios are part of the U.S. Army’s handheld, Manpack & Small Form Fit (HMS) program.
  • Also Read: DoD Budget Supports Top-Line Outlook For L3Harris, Says This Analyst
  • The two-channel L3Harris AN/PRC-158 radio leverages a software-defined architecture and integrated cross-banding between waveforms to provide advanced capabilities while maintaining backward interoperability with legacy systems.
  • The AN/PRC-163 radio enables soldiers to share information up and down the chain of command, integrating voice and data across the network and with partner nations.
  • The Army expects to purchase more than 165,000 HMS radios under indefinite delivery, indefinite quantity contracts, which include a five-year base and an additional five-year option, with a ceiling of more than $16 billion.
  • Also Read: Viasat Divests Link 16 Tactical Data Links Business To L3Harris For $1.96B
  • Price Action: LHX shares are trading higher by 1.05% at $232.85 on the last check Tuesday.
  • Photo Via Company
Total
0
Shares
Related Posts
Read More

This 22-Year-Old Making $194,000 A Year Plans To Retire At 35 By Using FIRE Principles

At a young age, many dream of financial freedom and early retirement, but few take decisive steps toward realizing this goal. Ethan Nguonly, a 22-year-old software engineer, is not just dreaming but actively working towards a future unburdened by financial constraints, a journey he initiated even before becoming a teenager.

GOOG