L3Harris Bags $125M Contract To Upgrade Space Force Counter-Communications

L3Harris Technologies Inc LHX received a $125 million multi-year contract to produce space electronic warfare systems that safeguard U.S. military operations and warfighters.
Under the Meadowlands production program, L3Harris will upgrade 16 Block 10.2 versions of Counter-Communications Systems (CCS) operating in Peterson Space Force Base, Colorado, Vandenburg Space Force Base, California, Cape Canaveral Space Force Station, Florida, and multiple international locations.
L3Harris began the development of the next-generation Meadowlands upgrade in 2019 under the Combat Mission Systems Support contract.
The current generation CCS Block 10.2, also developed by L3Harris, reached Initial Operating Capability in March 2020, making it the first offensive weapon system accepted by the U.S. Space Force.
Price Action: LHX shares are trading higher by 0.18% at $220.7 on the last check Monday.