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Stock impact report

Space Development Agency Approves L3Harris Design Plans for New Missile Tracking Satellites

L3Harris Technologies, Inc. (LHX) 
Last l3harris technologies, inc. earnings: 2/4 06:30 am Check Earnings Report
Company Research Source: Business Wire
Highlights:Defines design baseline for Space Development Agency’s missile tracking programDemonstrates ability to move quickly for rapid acquisition prototype programsAllows L3Harris to continue development of critical missile warning satellite MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has accomplished a key milestone in the development of a missile tracking satellite prototype for the Space Development Agency (SDA).The completed Preliminary Design Review (PDR) defines the spacecraft’s design baseline for delivery to SDA and allows the program to move to the next stage of delivering ground-breaking new capabilities at speed. When completed, the satellites will provide the capability to detect and track ballistic and hypersonic missiles via overhead persistent infrared sensing from low earth orbit.“We’ve worked closely with SDA to ensure our design taps proven technology that can scale to address the changing mission,” said Ed Zoiss, President of L3Harris Sp Show less Read more
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