Sign In
Search
Business/Financial

L3Harris CEO Points to Company Investments in Startups Due to Shield Capital Partnership

Frank Wolfe Frank Wolfe
SHARE:
L3Harris CEO Points to Company Investments in Startups Due to Shield Capital Partnership
Pictured is an L3Harris T7 Multi-Mission Robotics System during U.S. Air Force training on Aug. 25, 2022, at Eglin AFB, Fla. Hurlburt Field and Eglin AFB were among the first Explosive Ordnance Disposal units in the Air Force to deploy the new robot, the Air Force said at the time (U.S. Air Force Photo)

NATIONAL HARBOR, Md.--L3Harris Technologies [LHX] has leveraged startup firms' technology advances due to a Shield Capital-L3Harris partnership announced in March, 2022, L3Harris CEO Chris Kubasik told reporters at the Air and Space Forces Association's (AFA) Air, Space, and Cyber annual conference. The Shield Capital agreement with L3Harris is to give the latter access to "emerging defense and commercial technologies that address customers’ growing requirements for innovative, agile solutions that can be rapidly fielded," L3Harris has said. "As of today, we…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Air Force

SDA Surveying Industry On Ability To Provide Ground Entry Points For Tranche 3

Air Force

Conventional Wisdom On S-300 Effectiveness Called Into Question

Air Force

Duffey: “We’re Picking Speed” In $1 Billion Investment In L3Harris SRM Spin-Off

Air Force

SpaceX Wins String Of Launches For NSSL Phase 3, Lane 1

Trending

Record F-35 Deliveries, PAC-3 Production Framework Show Lockheed Martin Stepping Up, Hegseth Says
DHS Creates Program Executive Office for Drone and Counter-Drone Systems
SpaceX Wins String Of Launches For NSSL Phase 3, Lane 1
Department Of The Air Force Gets In Line With Hegseth Acquisition Reform Plan
Trump Directive Halts Dividends, Stock Repurchases By “Major Defense Contractors”

Contract Updates

Chandler Construction Services Inc. (Ninety Six, South Carolina) – $16,471,000

Chandler Construction Services Inc., Ninety Six, South Carolina, was awarded a $16,471,000 firm-fixed-price contract for the furnishing, installing, and placing into successful operation of water main pipe. The amount of this action is $16,471,000. Bids were solicited via the internet…

M1 Support Services LP (Denton, Texas) – $68,822,271

M1 Support Services LP, Denton, Texas, was awarded a $68,822,271 modification (P00206) to contract W9124G-17-C-0104 for Army and Air Force aviation maintenance. The modification brings the total cumulative face value of the contract to $5,522,349,151. Work will be performed at…

Lake Union Drydock Co. (LUDC) (Seattle, Washington) – $12,683,144

Lake Union Drydock Co.* (LUDC), Seattle, Washington, is awarded a $12,683,144 firm-fixed-price contract for the maintenance, repair and preservation of YTT-10 (YTT-9 Cape Flattery-class torpedo trials craft) service life extension program. This contract includes options which, if exercised, would bring…

Innovative Professional Solutions Inc. (Panama City Beach, Florida) – $13,631,598

Innovative Professional Solutions Inc.,* Panama City Beach, Florida, is awarded a $13,631,598 firm-fixed price/cost-only contract for fabrication and installation of minesweeping winches.  This contract includes supplies for the government of the Republic of Korea (100%) under the Foreign Military Sales…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume