Hello, Guest!
  • Friday, November 22, 2024

L3Harris to Continue Space Object Tracker Sustainment Under $117M USSF Contract Option

L3Harris Technologies (NYSE: LHX) has received a $117.25 million award that exercises the third option year of the company’s contract with the U.S. Space Force to maintain infrastructure for tracking objects in space.

The Department of Defense said Tuesday USSF is obligating $14.5 million for the contract option, as part of the service branch’s Maintenance Of Space Situational Awareness Integrated Capabilities program.

In February 2021, L3Harris was awarded the second option period valued at $89 million and the company said at the time its MOSSAIC contract has a potential value of $1.2 billion over 10 years.

The company helps USSF update and sustain sensors and command and control systems for military, civil and commercial users to gain awareness of the space domain.

Video of the Day

Related Articles

RTX Books $344M Standard Missile Production Contract Contract Awards

RTX Books $344M Standard Missile Production Contract

Raytheon, a subsidiary of RTX (NYSE: RTX), has received a $344 million contract to build and deliver two Standard Missile variants with a common guidance section to U.S. and international military customers. The company said Thursday it will produce the SM-2 Block IIICU and SM-6 Block IU missiles on a common production line for the

VTG Acquires Digital Transformation Services Provider Vana Solutions; John Hassoun Quoted M&A Activity

VTG Acquires Digital Transformation Services Provider Vana Solutions; John Hassoun Quoted

VTG has moved to expand its portfolio of digital transformation platforms and cloud services for defense and intelligence community customers through its acquisition of Vana Solutions. Vana Solutions is a Dayton, Ohio-based company founded by Srujal Sheth and Sunit Sheth in 2005 and is focused on delivering cloud services, advanced analytics, data fabric platforms and

Kristen McLeod Promoted to Calibre Systems EVP, CFO Executive Moves

Kristen McLeod Promoted to Calibre Systems EVP, CFO

Kristen McLeod, most recently senior vice president of finance and accounting and controller at Calibre Systems, has assumed the roles of executive VP and chief financial officer at the Alexandria, Virginia-based management consulting and digital transformation company. In this capacity, she will serve as a corporate officer and fiscal strategist and continue to offer insights