ARLINGTON, Texas — The U.S. Navy has selected L3Harris Technologies (NYSE:LHX) to participate in phase two of a demonstration to identify and evaluate unmanned aerial systems capable of operating in austere deployed environments without additional support systems.
L3Harris was one of two teams selected by Naval Air Warfare Center Air Division (NAWCAD) AIRWorks, in collaboration with IMPAX, to participate in the three-week demonstration later this year in Yuma, Arizona.
The demonstration is part of a multi-phased selection process to evaluate state-of-the-art technologies, inform future acquisition strategies and satisfy merit-based competition requirements for potential Other Transaction (OT) awards for prototyping. Awarded OTs have the potential to become part of a future program of record estimated to be worth up to $1 billion.
L3Harris’ FVR-90 uses patented Hybrid Quadrotor technology that allows it to take off in a confined area with a small crew and transition between horizontal and vertical flight quickly and accurately. The aircraft is different from existing ‘runway independent’ unmanned air systems, requiring no separate launcher or recovery device. It offers increased capability, portability, and smaller operational footprint for military and commercial unmanned aerial vehicle (UAV) applications.
“L3Harris’ FVR-90 offers unique technology not offered by other unmanned aerial systems,” said Dave Duggan, President, Precision Engagement Systems, L3Harris. “This unmanned system can operate in the austere weather environments and multiple domains. The FVR-90 offers a vertical takeoff and landing capability that we believe can give the Navy the needed control to accomplish its important missions.”
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 $18 billion in annual revenue and 48,000 employees, with customers in more than 100 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 the value or expected value of orders, contracts or programs and about technology 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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