L3Harris Completes Design Review for New Tranche 2 Missile Tracking Satellites

MELBOURNE, Fla., Dec. 10, 2024 - L3Harris Technologies (NYSE: LHX) has successfully completed Preliminary Design Review (PDR) for the development of 18 space vehicles for the Space Development Agency's (SDA) Tranche 2 Tracking Layer program.

The PDR confirms the L3Harris space vehicles, which include technology designed to detect, track and target hypersonic threats, meet SDA program development requirements.

"L3Harris is committed to supporting SDA's vision of a multi-layered missile tracking architecture with the space-based capabilities needed to track threats in real time," said Ed Zoiss, President, Space and Airborne Systems, L3Harris. "We completed the PDR milestone in just 11 months and have already received key flight subsystems for our Tranche 2 vehicles, which will provide SDA with an innovative solution against a continually evolving threat."

In January 2024, L3Harris received an SDA contract to design and build 18 space vehicles with infrared payloads for the T2 Tracking Layer. The effort is part of L3Harris' ongoing support of the agency's broader integrated deterrence effort known as the Proliferated Warfighter Space Architecture (PWSA), a robust constellation of satellites in low Earth orbit that will provide near-global missile warning, tracking, and defense capability.

SDA has awarded L3Harris several contract awards under the PWSA, which include 38 satellites across Tranche 0, Tranche 1 and Tranche 2. L3Harris Tranche 0 satellites are delivering capabilities on-orbit today. As part of its Trusted Disruptor strategy, L3Harris provides a variety of solutions to support offensive and defensive hypersonics systems, including air-breathing scramjet engines, ramjets, solid rocket motors, warheads and other missile technologies.

About L3Harris Technologies

L3Harris Technologies is the Trusted Disruptor in the defense industry. With customers' mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security. Visit L3Harris.com for more information.

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 technology 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.

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