Tag: L3Harris Technologies

L3Harris to Acquire Aerojet Rocketdyne for $4.7 Billion

News 0

This marks L3Harris’ second acquisition announcement of 2022, demonstrating its continued focus on delivering critical capabilities to warfighters while strengthening the nation’s defense industrial base through increased competition.

MELBOURNE, Fla., and EL SEGUNDO, Calif. (L3 Harris PR) — L3Harris Technologies (NYSE: LHX) and Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) together announced the signing of a definitive agreement for L3Harris to acquire Aerojet Rocketdyne for $58 per share, in an all-cash transaction valued at $4.7 billion, inclusive of net debt.

(more…)

Mynaric Signs L3Harris as Strategic Investor and Intensifies Collaboration

News 0

MUNICH, GERMANY and MELBOURNE, Fla., July 5, 2022 (Mynaric/L3Harris PR) — Mynaric (NASDAQ:MYNA)(FRA:M0Y) and L3Harris (LHX) today signed agreements related to an investment in Mynaric by L3Harris and to future collaboration. With the strategic investment, the companies seek to build on their existing collaboration in the airborne domain and widen the scope to cover all domains including space, air, maritime and ground. Pursuant to the agreements, L3Harris will invest approximately EUR 11.2 million by means of a capital increase from authorized capital (under exclusion of subscription rights) and acquire 409,294 new bearer shares of Mynaric at a price of around EUR 27.37 per share. Following the capital increase, L3Harris will initially own 7.2% of Mynaric’s total shares.

(more…)

ULA Atlas V to Launch USSF-12 Mission on Thursday

News 0
Atlas V for the USSF-12 mission on the launch pad. (Credit: ULA)

CAPE CANAVERAL SPACE FORCE STATION, Fla. (ULA PR) — A United Launch Alliance (ULA) Atlas V 541 rocket will launch the USSF-12 mission for the U.S. Space Force’s Space Systems Command (SSC). Liftoff will occur from Space Launch Complex-41 at Cape Canaveral Space Force Station, Florida.

Launch Date and Time: Thursday, June 30, 2022 at 6:00 p.m. EDT (2200 UTC)

(more…)

Virgin Orbit to Expands Fleet with 2 More Boeing 747s

News 0
L3Harris modified Virgin Orbit’s Cosmic Girl airborne launch pad at its Waco, Texas aircraft modification center. (Credit: L3Harris Technologies)

Highlights:

  • Virgin Orbit signs agreement to secure two new airframes to meet U.S. national security and its allies’ launch demands
  • L3Harris will modify one aircraft, aims to deliver Virgin Orbit’s second airborne launcher by 2023
  • New cargo configuration expected to enable foreign spaceport launch and transport of rockets, support equipment

LONG BEACH, Calif. and MELBOURNE, Fla., May 10, 2022 (Virgin Orbit PR) — Virgin Orbit (Nasdaq: VORB), a leading satellite launch company, has signed an agreement with L3Harris Technologies (NYSE:LHX) to acquire two Boeing 747-400 airframes to support the growing need for U.S. national security and allies’ satellite launch demands.  

(more…)

AFA Congratulates StellarXplorers VIII Champions

News 0
Team Panther #3 from Palos Verdes Peninsula High School in Rolling Hills Estates, Calif., pose with AFA President Lt. Gen. Bruce “Orville” Wright, USAF (Ret.) and Space Force Maj. Gen. Shawn Bratton after winning the StellarXplorers VIII Competition on April 23, 2022.

ARLINGTON, Va. (Air & Space Forces Association PR) — AFA’s StellarXplorers Space STEM program capped its eighth season by declaring Team Panther #3 from Palos Verdes Peninsula High School in Rolling Hills Estates, Calif., the champion of its National Space Design Competition Finals held at Space Center Houston.

(more…)

L3Harris Awarded $117 Million Space Object-Tracking Modernization Contract

News 0
  • Supports US Space Force efforts to protect satellites
  • Maintains and upgrades space domain awareness and command and control systems
  • Third-year option continues work first awarded in 2020

MELBOURNE, Fla., April 06, 2022 (L3Harris Technologies PR) — L3Harris Technologies (NYSE:LHX) has been awarded $117 million for option-year three of a U.S. Space Force and U.S. Space Command contract to continue maintaining and modernizing infrastructure to track objects in space. The Maintenance Of Space Situational Awareness Integrated Capabilities (MOSSAIC) program has an estimated contract value of $1.2 billion over 10 years.

(more…)

NOAA’s GOES-T Weather Satellite Blasts into Orbit

News 0
A ULA Atlas V rocket carrying the GOES-T mission for NOAA and NASA lifts off from Space Launch Complex-41 at 4:38 p.m. EST on March 1. (Credit: ULA)

New satellite will support weather forecasts for the U.S. West Coast, Hawaii and Alaska

SILVER SPRING, Md. (NOAA PR) — NOAA’s GOES-T, the third in a series of four advanced geostationary weather satellites, blasted into orbit aboard a United Launch Alliance Atlas V 541 rocket at 4:38 p.m. ET today from Cape Canaveral, Florida. GOES-T’s mission managers confirmed that its solar arrays successfully deployed at 8:28 p.m. EST, and the satellite was operating on its own power.

(more…)

CesiumAstro Secures $60 Million in Oversubscribed Series B Funding

News 0

AUSTIN, Texas (CesiumAstro PR) — CesiumAstro Inc. (“Cesium” or “Company”), a developer of advanced aerospace communication systems, today announced it has secured $60 million in an oversubscribed Series B funding round, co-led by Airbus Ventures and Forever Ventures, with strategic participation from L3Harris Technologies (NYSE: LHX). Returning investors include Kleiner Perkins, Lavrock Ventures, Franklin Templeton Blackhorse Fund, and HEICO (NYSE: HEI).

CesiumAstro has raised nearly $90 million in capital since its founding in 2017. With this latest financing, Cesium will accelerate the growth of its core research, development, and rapid manufacturing capabilities, and expand its facilities both domestically and abroad.

(more…)

NOAA’s GOES-T Satellite Road to Launch: Final Preparations

News 0
GOES-T satellite inside its payload fairing.

CAPE CANAVERAL SPACE FORCE STATION, Fla. (NOAA PR) — NOAA’s GOES-T, the third in the GOES-R Series of advanced weather observing and environmental monitoring satellites, arrived in Florida on November 10, 2021, to begin final preparations for launch.

(more…)

L3Harris Selected to Integrate, Accelerate U.S. Space Force’s Atlas Space Domain Awareness Project

News 0
  •  Strengthens Space Force’s ability to track and respond to anti-satellite near-peer threats
  • Upgrades Space Defense Operations Center to a new system
  • Accelerates advanced tracking and analysis of space objects and their behaviors

MELBOURNE, Fla. (L3Harris PR) — L3Harris Technologies (NYSE:LHX) has been selected by the U.S. Space Force to continue efforts to upgrade and modernize its space domain awareness, which is used to help combat anti-satellite threats.

(more…)

Exploring Together, NASA and Industry Embrace Laser Communications

News 0
Illustration of STPSat-6 with the Laser Communications Relay Demonstration (LCRD) payload communicating data over infrared links. (Credit: NASA’s Goddard Space Flight Center)

By Katherine Schauer
NASA’s Goddard Space Flight Center

GREENBELT, Md. — Our televisions and computer screens display news, movies, and shows in high-definition, allowing viewers a clear and vibrant experience. Fiber optic connections send laser light densely packed with data through cables to bring these experiences to users.

(more…)

L3Harris Wins Second Major U.S. Weather Satellite Study

News 0
Credit: L3Harris Technologies
  • Confirms company’s leadership in weather satellite technology
  • Study will accelerate production of advance satellite sensors for severe storm tracking
  • Follows NOAA’s recent imager design study award

MELBOURNE, Fla. (L3Harris Technologies PR) — NASA has selected L3Harris Technologies (NYSE:LHX) to conduct a second advanced study to significantly improve the accuracy and timeliness of U.S. weather forecasting.  

(more…)

NASA Selects Ball Aerospace & L3Harris for Geostationary and Extended Observations Sounder Phase A Study Contracts

News 0
A view of the Earth from the EWS-G1 satellite taken on September 1, 2020. Originally launched in 2006 as GOES-13, the satellite provided operational weather coverage over the United States’ East Coast for 10 years before being replaced in the GOES-East position by GOES-16. The transfer to the Department of Defense and relocation of EWS-G1 is the culmination of joint efforts between SMC, NOAA and NASA. (Credit: U.S. Space Force’s MARK IV-B Program Office)

GREENBELT, Md. (NASA PR) — NASA has selected Ball Aerospace & Technologies Corporation of Boulder, Colorado, and L3Harries Technologies of Fort Wayne, Ind., for Geostationary and Extended Observations (GeoXO) Sounder (GXS) Phase A Study contracts. The GXS Phase A Study requirement will provide services to help meet the objectives of the National Oceanic and Atmospheric Administration (NOAA) GeoXO program.

(more…)

NASA Selects Geostationary and Extended Orbits Imager Phase A Contracts

News 0
Hurricane Humberto (Credit: NOAA)

WASHINGTON (NASA PR) — NASA has selected L3Harris Technologies Inc. of Fort Wayne, Indiana, and Raytheon Company of El Segundo, California, for the Geostationary and Extended Orbits (GEO-XO) Imager (GXI) Phase A Study contracts. The GXI Phase A Study requirement will provide services to help meet the objectives of the National Oceanic and Atmospheric Administration (NOAA) GEO-XO program.

The total value of each of these one-year firm-fixed price contracts is approximately $6M. The work will be performed at the contractors’ facilities in Indiana and California.

(more…)

L3Harris Selected for Future U.S. Weather Satellite Imager Design Phase Study

News 0
  • Continues development of next-generation weather imagers concept
  • Leverages proven, high-maturity technology to provide low-risk solution
  • Provides a capability leap for future weather forecasting

MELBOURNE, Fla., April 5, 2021 (L3Harris Technologies PR) — NASA has selected L3Harris Technologies (NYSE:LHX) to develop a concept for the next generation of geostationary weather imagers which will help advance future severe storm tracking, weather forecasting, climate and other Earth observations.

(more…)