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L3Harris, Dutch Ministry of Defence Sign FOXTROT Long-Term Agreement

L3Harris Technologies (NYSE: LHX) has signed a long-term agreement with the Dutch Ministry of Defence for delivery of advanced Falcon® IV radios for the FOXTROT program. The agreement is valued up to...

Business Wire

ROCHESTER, N.Y.: L3Harris Technologies (NYSE: LHX) has signed a long-term agreement with the Dutch Ministry of Defence for delivery of advanced Falcon® IV radios for the FOXTROT program. The agreement is valued up to 1 billion euros.

“Our battle-proven communication systems will improve secure military communications by facilitating interoperability with other European and NATO forces to address current and future threats,” said Sam Mehta, President, Communication Systems, L3Harris. “These resilient devices will enable enhanced capability to strengthen homeland defenses, deter regional conflicts and provide direct support to coalition and security cooperation efforts.”

The Falcon IV radios will allow immediate interoperability with more than 1 million tactical devices already fielded globally.

L3Harris Technologies’ in-country leadership – known as L3Harris Technologies’ Netherlands B.V. – has made a commitment to the long-term growth of the Dutch defense industry. It is investing in European technology partnerships; developing in-country technical maintenance and support facilities; and recruiting and training Dutch talent.

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.

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 agreement values 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.

Fonte: Business Wire

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