US Special Operations Command Awards L3Harris Technologies $100M Contract to Upgrade Very Small Aperture Terminals

Highlights:

• Provides hardware and software upgrades to existing SATCOM terminals
• Extends the life of existing VSAT terminals
• Delivers significant cost savings

ROCHESTER, N.Y.--(BUSINESS WIRE)--U.S. Special Operations Command (USSOCOM) has awarded L3Harris Technologies (NYSE:LHX) a five-year with options, $100 million contract to upgrade and extend the service life of its existing fleet of approximately 550 L3Harris Very Small Aperture Terminals (VSAT). The contract was received in December.

L3Harris will provide software, hardware and warranty upgrades that will extend the life of existing Hawkeye III Lite VSAT terminals and deliver significant cost savings. The VSATs originally were secured through the Satellite Deployable Node – Family of Terminals or Satellite Deployable Node – Medium contracts for the program.

The Hawkeye III Lite auto-acquire VSAT is a light-weight, tri-band flyaway system that can be deployed in a matter of minutes by Special Operations Forces. They provide vital communications reach back capability to SOCOM headquarters and other government entities.

“This agreement extends the service life of our customer’s existing terminals and highlights the priority USSOCOM places on ensuring their deployed users are equipped with the latest in VSAT technology,” said Chris Aebli, President, Global Communication Systems, L3Harris.

U.S. Senator Charles Schumer said, "Rochester's L3Harris Technologies has the best workforce, and the U.S. Special Operations Command's $100 million five-year contract will only boost it even further. I've been proud to help L3Harris Technologies secure a level playing field to compete and grow its business in Rochester, so it can continue to boost the region's economy, create jobs and provide critical technology to our military."

About L3Harris Technologies

L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs. The company provides advanced defense and commercial technologies across air, land, sea, space and cyber domains. L3Harris has approximately $17 billion in annual revenue and 50,000 employees, with customers in 130 countries. L3Harris.com.

Forward-Looking Statements

This press release contains forward-looking statements that reflect management's 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 of orders, contracts or programs and about system 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.