1. L3Harris shapes acquisition reform for a responsive defense sector. 2. Investment in commercial models enhances tech innovation delivery. 3. Partnerships with startups bolster military readiness and technological edge. 4. Alignment with defense officials emphasizes urgency for national security solutions.
L3Harris' proactive reforms and commercial investments bolster growth potential, akin to Lockheed Martin's historical responses to defense spending uplifts.
The article indicates a strong alignment with new defense initiatives directly tied to future projects and funding, which is significant for LHX.
Emphasis on partnerships and innovation is likely to yield sustained contracts and revenues over years, as seen with defense contractors during technology booms.
The time for change is now. As the Trusted Disruptor and the first company to make acquisition reform recommendations to the DOGE, L3Harris stands firmly aligned with Secretary Hegseth's vision for a more agile and accountable defense ecosystem.
We've embraced and invested in commercial products and business models for decades, adopting open architecture, scaling production and rapidly fielding innovative technologies. We are committed to expanding the commercial business model within a streamlined and less bureaucratic acquisition framework.
Through partnerships with new entrants and investments in venture-backed companies, we're transforming cutting-edge technology into mission-ready capability – ensuring our warfighters have unparalleled solutions ready today.
Together with Secretary of War Hegseth and Deputy Secretary of War Feinberg, our workforce is acting with urgency and accountability to deliver the "Arsenal of Freedom" our nation depends on.
About L3Harris Technologies
L3Harris Technologies is the Trusted Disruptor in the defense industry. With customers' mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security. Visit L3Harris.com for more information.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251106631734/en/
Media Contact:
Sara Banda
Corporate
Media@L3Harris.com
321-306-8927