L3Harris Technologies gets $3B US special operations command contract
LHX +0.43%Aug. 01, 2022 5:57 PM ET- U.S. Special Operations Command (or USSOCOM) has selected L3Harris Technologies (NYSE:LHX) and Air Tractor's AT-802U Sky Warden system for its Armed Overwatch program.
- Award is a ID/IQ contract includes a cost ceiling of $3B; the program includes delivery of up to 75 manned, fixed wing aircraft, with an initial program contract award of $170M.
- Armed Overwatch will provide Special Operations Forces deployable, affordable, and sustainable crewed aircraft systems fulfilling close air support, precision strike, and armed intelligence, surveillance and reconnaissance, requirements in austere and permissive environments for use in irregular warfare operations in support of the National Defense Strategy.
- Period of performance from July 2022 to July 2029, including all options.
