L3Harris Secures $700M Advanced Missile Tracking Program

L3Harris Technologies Inc LHX has secured a contract with a potential value of $700 million to build the Space Development Agency’s (SDA) Tranche 1 Tracking Layer satellite program.
L3Harris will build a 14-vehicle satellite constellation that will include optical communications terminals, infrared mission payloads, Ka-band communications payloads, and multiple pointing modes.
The contract addresses the hypersonic missile threat in support of the multi-layer National Defense Space Architecture.
L3Harris developed four prototype satellites under the SDA’s Tracking Layer Tranche 0 award in 2020 that will launch in 2023.
Price Action: LHX shares are trading lower by 0.68% at $222.35 on the last check Monday.

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