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L3Harris Technologies to Provide Unmanned Undersea Vehicle to Defense Innovation Unit

IM
Integrated Mission Systems
Jan 14, 2019 | 2 MINUTE Read

FALL RIVER, Ma., Jan. 14, 2019 — L3Harris Technologies (NYSE:LHX) has been selected to provide  an unmanned undersea vehicle for expeditionary undersea missions for U.S. military forces by the Department of Defense’s innovation hub.

The Defense Innovation Unit, which accelerates commercial technology to solve national security solutions, awarded an Other Transaction Agreement (OTA) to L3Harris for the Next Generation Small-Class Maritime Expeditionary Mine Countermeasures Unmanned Undersea Vehicle (MEMUUV) program.

This award includes the delivery and testing of an Iver4 - 900 PW UUV and two field swappable modular payload sections, including real aperture and synthetic aperture sonars. Additional sensors, swappable battery chemistries, and data solutions are included with the prototype system to provide U.S. military forces with a highly capable UUV that can detect, classify, localize, and identify targets on the ocean floor and in the water column in support of Expeditionary Mine Countermeasures (ExMCM), Explosive Ordnance Disposal (EOD), and undersea search operations.

 "The Iver4 is the culmination of many years of UUV development, customer feedback and application knowledge for military applications," said Daryl Slocum, Vice President and General Manager, Unmanned Maritime Systems, L3Harris. "This platform has been custom-built to address the needs of the ExMCM and EOD communities. With its flexible payload, transportable package, extended endurance and high-performance accuracy, the Iver4 is leading the next generation of small class UUVs. We are honored to receive DIU's award and look forward to bringing the Iver4 to the warfighter."

About L3Harris Technologies
L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs. The company provides advanced defense and commercial technologies across air, land, sea, space and cyber domains. L3Harris has approximately $17 billion in annual revenue and 50,000 employees, with customers in 130 countries. L3Harris.com.

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 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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