L3Harris Receives $182 Million Video Data Link IDIQ

SALT LAKE CITY, Sept. 16, 2024 - L3Harris Technologies (NYSE:LHX) has received an Indefinite Delivery, Indefinite Quantity (IDIQ) contract worth up to $182 million from the U.S. Air Force to deliver advanced situational awareness capabilities.

Partnering with the Air Force Life Cycle Management Center, this contract will enable L3Harris to provide economies of scale for the U.S. Department of Defense and allied nations when procuring critical Video Data Link (VDL) technology, including the ROVER® 6S and Tactical Network ROVER® (TNR) 2 wideband ISR handheld transceivers.

Designed for air, surface and maritime use, the ROVER 6S provides real-time, full-motion video and other data for situational awareness, surveillance, convey overwatch operations and other situations where eyes-on-target are required. The TNR 2 handheld transceiver provides a multi-megabit, bi-directional data link capability to the most disadvantaged users - dismounted ground combat troops.

"Coordinating with the Air Force as partners to leverage existing tools and authorities drives greater value for domestic and international customers on an exponential scale," said Lauren Barnes, President, Broadband Communications Systems, L3Harris. "The collaboration allows the Air Force to work directly with numerous organizations modernizing their video data link capabilities to determine schedules that best meet their needs and coalition forces as a whole."

This award is the third consecutive, five-year VDL IDIQ L3Harris has received under the program. Delivery of vital data access through the VDL III program furthers the company's support of customers' Combined Joint All-Domain Command-and-Control requirements, which also includes membership in the Air Force's Advanced Battle Management System Digital Infrastructure consortium, continued success in the Air Force Research Laboratory's Defense Experimentation Using Commercial Space Internet program and ongoing production on resilient communications' devices and systems for the U.S. Army, Marine Corps and allies around the world.

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 system 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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