ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

L3Harris to Develop US Air Force Common Tactical Edge Network

L3Harris Technologies (NYSE: LHX) received a U.S. Air Force contract award to develop a Common Tactical Edge Network (CTEN) providing an aerial military Internet of Things to support the Advanced Battle Management System and Joint All-Domain Command and Control (JADC2) initiatives.

The system will include a meshed network of defense and commercial resources, enhancing aerial interoperability for U.S. and allied forces by incorporating commercial-like, high-speed data processing and sharing at the tactical edge. CTEN will initially connect Air Force aerial platforms that currently operate with incongruent network architectures with the potential to improve connectivity across the entire joint force. CTEN’s data fusion will enable warfighters controlling multiple platforms to think and operate as one, greatly shortening the decision cycle.

“This is a significant step in solving for the broader JADC2 challenge, and we are committed to maximizing interoperability and processing speed,” said Ron Fehlen, Vice President, Air Force and UAS programs, L3Harris. “CTEN will ultimately deliver commercial-like capabilities that will break down the barriers between open and closed systems.”

The Air Force also named L3Harris as a member of the CTEN Consortium in an option under the overarching indefinite-delivery, indefinite-quantity award. As a CTEN Consortium member, L3Harris will collaboratively design the architecture, develop software and conduct systems integration and software maintenance for the CTEN system.

The CTEN IDIQ award underscores L3Harris’ “Trusted Disruptor” support to the U.S. military’s JADC2 efforts and its more than 40 years of experience developing, delivering and managing secure multi-domain networking solutions for the U.S. military and programs including the U-2 Dragon Lady, MQ-4 Global Hawk, MQ-9 Reaper and E-4 Advanced Airborne Command Post.

About L3Harris Technologies

L3Harris Technologies is the Trusted Disruptor for the global aerospace and defense industry. With customers’ mission-critical needs always in mind, our 46,000 employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains.

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 technology capabilities and future awards and deliveries 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.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  244.41
+1.37 (0.56%)
AAPL  268.47
-1.30 (-0.48%)
AMD  233.54
-4.16 (-1.75%)
BAC  53.20
-0.09 (-0.17%)
GOOG  279.70
-5.64 (-1.98%)
META  621.71
+2.77 (0.45%)
MSFT  496.82
-0.28 (-0.06%)
NVDA  188.15
+0.07 (0.04%)
ORCL  239.26
-4.54 (-1.86%)
TSLA  429.52
-16.39 (-3.68%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.