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Investing.com -- L3Harris Technologies (NYSE:LHX) has been awarded a $29.3 million contract modification by the Department of Defense for Cockpit Selectable Height of Burst Sensor technology.
The modification increases the total contract value to $161.1 million from $131.8 million. Work will be performed in Cincinnati, Ohio, with completion expected by August 2029. The Air Force Life Cycle Management Center at Hill Air Force Base in Utah is managing the contract, with $11.1 million in fiscal 2024 aircraft procurement funds being allocated at the time of award.
In a separate development, L3 Technologies Inc., based in Camden, New Jersey, received a $7.6 million modification to a previously awarded contract for the AN/USG 2B System and Spares. This work will be distributed across facilities in Largo, Florida (69%), Salt Lake City, Utah (28%), and Lititz, Pennsylvania (3%), with completion scheduled for August 2026.
The funding for this second contract comes from multiple Navy sources, including fiscal 2025 research, development, test, and evaluation funds ($3.1 million), ship construction funds ($2.1 million), Navy working capital funds ($1.5 million), other procurement funds ($813,377), and fiscal 2017 ship construction funds ($76,059). The Naval Sea Systems Command in Washington, D.C. is overseeing this contract.
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