L3 Technologies

The US Air Force awarded L3 Technologies a $499.5 million contract to upgrade the avionics of 176 C-130H Hercules aircraft for the Air National Guard and Air Force Reserve Command, with work through September 2029.

L3Harris Technologies was formed through the all-stock merger of Harris Corporation and L3 Technologies, creating the sixth largest defense company in the U.S. with approximately $17 billion in revenue and 50,000 employees.

The U.S. Air Force awarded L3 Technologies a $499.5 million contract to provide avionics upgrades for 176 C-130H Hercules aircraft. Work will be performed in Waco, Texas.

L3 Technologies and Harris Corporation are merging in a deal approved by shareholders, expected to close later in 2019. The combined company will be L3 Harris Technologies.

Irving Shipbuilding awarded the Canadian Surface Combatant design contract to Canada's Combat Ship Team, a consortium including Lockheed Martin Canada, BAE Systems, CAE, L3 Technologies, MDA and Ultra Electronics, for 15 warships to be built at Halifax Shipyard.

L3 Technologies received a $69 million modification contract from the U.S. Army to test, inspect and repair components of the Combat Service Support Very Small Aperture Terminal system. Work is to be completed by September 27, 2022.

Harris Corporation and L3 Technologies agreed to combine in an all-stock merger of equals to form L3 Harris Technologies, a global defense technology leader. Harris shareholders will own 54% and L3 shareholders 46% of the combined company, which expects $16 billion in revenue for 2018.

L3 Technologies secured a potential $71 million contract from the U.S. Air Force to develop a mission system for foreign military sales customers, with completion expected by Nov. 30, 2020.

L3 Technologies secured a potential $210 million contract from the U.S. Air Force for aircraft engineering, fabrication and procurement services, running through April 2, 2022. Work will be performed in Greenville, Texas.