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L3Harris Secures $587M Navy Contract for Advanced Electronic Warfare Systems

L3Harris Technologies (NYSE: LHX) has booked a $587 million contract from the U.S. Navy to provide electronic warfare test articles and prototypes.

The Department of Defense said Monday the deal covers the design, production and delivery of electronic warfare test articles and fleet prototypes, including 11 pod simulators, eight operational prototype pods, four jettison mass model pods, two captive mass models, two mission system prototypes and two technique development systems.

Under the cost-plus-incentive-fee contract, L3Harris will also provide engineering support, integration, test and maintenance for the development of the Next Generation Jammer Low Band program for the Navy EA-18G Growler and Royal Australian Air Force.

The defense contracting company will perform most of the work in Salt Lake City, Utah. The remainder of the project will be done in Boulder, Colorado; Lansdale, Pennsylvania; Stuart, Florida; Goleta, California; St. George, Utah; Edgewood, New York and Waco, Texas. It is expected to be completed in August 2029.

The Navy will obligate an initial $66 million and $10 million from its fiscal 2024 and 2023 research and development and test and evaluation funds, respectively.

The contract was competitively procured through electronic request for proposal. Only two offers were submitted.

Naval Air Systems Command serves as the contracting activity.

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