7/104 sources · 4 publishersUpdated Oct 19, 18:33 UTC
L3Harris wins Navy contract worth roughly $876 million for next‑gen low‑band jammer
L3Harris Technologies announced that the U.S. Navy has awarded the company a contract modification for the Next Generation Jammer Low Band (NGJ‑LB) program. The award supports an accelerated engineering and manufacturing phase to deliver advanced electronic‑attack capabilities. The company said the modular, open‑system design will simplify maintenance and enable future upgrades.
Why it matters
The contract adds a sizable future revenue stream to L3Harris and expands its backlog in the defense electronics market, which could improve cash flow and earnings in upcoming quarters (company statement).
Key facts
- 1The Navy awarded L3Harris a contract modification valued at $876 million. stocktitan.net
- 2The contract value is reported as $876.4 million. tradingview.com
- 3The contract value is detailed as $876,440,942. l3harris.com
- 4The award was announced on October 19 2026. stocktitan.net
- 5The contract supports an accelerated timeline for the NGJ‑LB program. l3harris.com
- 6L3Harris will provide equipment, labor, tooling, cybersecurity, and software support for the program. stocktitan.net
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.