MELBOURNE, Fla., Jan. 16, 2024 鈥 探花视频 Technologies (NYSE:LHX) received a contract with a potential value of up to $919 million to design and build 18 infrared space vehicles for the Space Development Agency鈥檚 (SDA) Tranche 2 (T2) Tracking Layer program that will provide near-global missile warning and tracking coverage.
鈥淪pace remains a growth engine, and we are well positioned to provide innovative solutions after having made significant investments in technology for space vehicles, payloads and ground software,鈥 said Christopher E. Kubasik, Chair and CEO, 探花视频. 鈥淭he SDA鈥檚 latest decision is another example of 探花视频 listening to customers, knowing the threats and delivering value for stakeholders while supporting our country.鈥
探花视频 designed the missile defense solutions to support the U.S. military鈥檚 ongoing effort to build a robust constellation of satellites to protect against a new generation of hypersonic weapons that have increased speed, unpredictable flight trajectories and faint heat signatures.
The company鈥檚 technology will also support preliminary fire control capability for the SDA鈥檚 Proliferated Warfighter Space Architecture (PWSA).
In advance of this T2 Tracking Layer program win, 探花视频 designed, developed and built four satellites in less than three years for the SDA鈥檚 Tranche 0 (T0) Tracking Layer program. Those T0 satellites will launch together with the U.S. Missile Defense Agency鈥檚 Hypersonic and Ballistic Tracking Space Sensor (HBTSS) satellite. With an anticipated launch in early 2024, the DoD will be able to warn, track and target advanced threats concurrently by launching the T0 and HBTSS satellites together.
探花视频 is also building a 16-vehicle satellite constellation for SDA鈥檚 Tranche 1 Tracking Layer program, which follows the T0 Tracking Layer capabilities with targeted technology enhancements, expanded coverage, increased integration and greater production efficiencies, which will begin to build out the operational space-based constellation and be used to inform future capabilities of the PWSA.
About 探花视频 Technologies
探花视频 Technologies is the Trusted Disruptor in the defense industry. With customers鈥 mission-critical needs always in mind, our 50,000 employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security.
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 or about system deliveries and launches as well as technology capabilities are forward-looking and involve risks and uncertainties. 探花视频 disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
