The Space Development Agency's Tracking Layer program is facing challenges due to overestimation of technology readiness, according to a new report by the Government Accountability Office (GAO). The agency has awarded contracts worth $4.
The Space Development Agency (SDA) announced four new contracts worth $3.5 billion for 72 new satellites as part of the Tranche 3 constellation. The Other Transaction Authority (OTA) awards went to teams led by Lockheed Martin, Rocket Lab USA, Northrop Grumman, and L3Harris Technologies.
L3Harris Technologies has been awarded a contract by Korean aerospace manufacturer to provide primary imagery for the country's next-generation geostationary weather satellite. The agreement was announced in California, and L3Harris will deliver the imaging services as part of the project.
L3Harris Technologies has sold a majority stake in its civilian space propulsion unit to private equity firm AE Industrial Partners for $845 million. The deal represents L3Harris' continued pivot towards the military space market, with Chairman and CEO Christopher Kubasik emphasizing alignment with DoD vision for a faster, more agile defense industrial base.
L3Harris Technologies has agreed to sell a majority stake in its Propulsion and Power Systems division to AE Industrial Partners for $845 million. The deal ensures the company's portfolio aligns with US mission priorities, according to L3Harris CEO Christopher Kubasik.
Australia has officially taken delivery of its first MC-55A Peregrine spy jet, which will be operated by No. 10 Squadron at RAAF Base Edinburgh. The aircraft is based on the Gulfstream G550 business jet and enhanced by L3Harris Technologies as a prime contractor.