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<blockquote data-quote="HernanSCL" data-source="post: 2832660" data-attributes="member: 31027"><p>Fresquita: mantenimiento del sistema de guerra electrónica interna AIDEWS de los Block 50, adjudicado:</p><p></p><p></p><p></p><p><strong><u><span style="font-size: 15px">L3Harris Technologies Scores $97.51M Air Force Contract</span></u></strong></p><p><a href="mailto:support@smarteranalyst.com">support@smarteranalyst.com</a> (Ben Mahaney)</p><p></p><p>Sun, November 1, 2020, 9:33 AM GMT-3·2 mins read</p><p></p><p>L3Harris Technologies (LHX) announced on October 30 that it had been granted a $97.51 million indefinite-delivery/indefinite-quantity contract to provide repair and return (R&R) services for both unclassified and classified line-replaceable unit and standard equipment module assets of the <strong>ALQ-211 (V)4</strong>, (V)8 and (V)9 systems of the airborne<strong> F-16 Advanced Integrated Defense Electronic Warfare Suite </strong>weapon systems.</p><p></p><p>As per the terms of the agreement, the contract will involve Foreign Military Sales (FMS) to support the <strong>Chilean</strong>, Indian, Omani, Pakistani, Polish, Turkish, Iraqi and Moroccan air forces.</p><p></p><p><strong>This R&R work, which will be conducted in Clifton, New Jersey, is necessary to bring the F-16 AIDEWS systems back to mission capable condition and to equip partnering F-16 FMS fleets with airborne self-defense and survivability against electromagnetic threats. According to management, the restorations are set to wrap up in 2025.</strong></p><p></p><p>The contract comes on the heels of strong order momentum witnessed in the third quarter. Within the Mission Avionics segment, L3Harris nabbed $255 million in orders for F-35 avionics and modernization components, bringing total orders for the year to more than $650 million on the platform.</p><p></p><p>LHX was also awarded a multi-million dollar contract for the initial production lot of the modernized open mission systems processor for the F/A-18 and EA-18G, an important element of the platforms' Block upgrades.</p><p></p><p>So far in 2020, shares of L3Harris Technologies have tumbled 19%, but Wall Street is overwhelmingly bullish on the stock. The company scores a Strong Buy analyst consensus with 9 Buys versus no Holds or Sells. With the average analyst price target landing at $235.44, shares could gain 46% in the next year. (See L3Harris Technologies stock analysis on TipRanks)</p><p></p><p>Morgan Stanley analyst Kristine Liwag started off her coverage of the company by assigning a Buy rating and $248 price target (54% upside potential). The initiation was driven by her more optimistic outlook for the space as a whole.</p><p></p><p>[URL unfurl="true"]https://finance.yahoo.com/news/l3harris-technologies-scores-97-51m-123326333.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAJG63WH8cQXvsDBcKpIJNgi2EyB5XnMIQMXl7A79LLc_RboQRS6SmlARziemMQpt_c5_-TDU_wQfSnWzostgKby6o0ehdJqjJEpOXGzfjDOSj_PB6Mv-hi2C4vP5Ussl77Y3UOUgsL9exS15eTUXXSFeiZ8rcKNPfrf8x3etYXt2[/URL]</p><p></p><p>Saludos</p></blockquote><p></p>
[QUOTE="HernanSCL, post: 2832660, member: 31027"] Fresquita: mantenimiento del sistema de guerra electrónica interna AIDEWS de los Block 50, adjudicado: [B][U][SIZE=4]L3Harris Technologies Scores $97.51M Air Force Contract[/SIZE][/U][/B] [email]support@smarteranalyst.com[/email] (Ben Mahaney) Sun, November 1, 2020, 9:33 AM GMT-3·2 mins read L3Harris Technologies (LHX) announced on October 30 that it had been granted a $97.51 million indefinite-delivery/indefinite-quantity contract to provide repair and return (R&R) services for both unclassified and classified line-replaceable unit and standard equipment module assets of the [B]ALQ-211 (V)4[/B], (V)8 and (V)9 systems of the airborne[B] F-16 Advanced Integrated Defense Electronic Warfare Suite [/B]weapon systems. As per the terms of the agreement, the contract will involve Foreign Military Sales (FMS) to support the [B]Chilean[/B], Indian, Omani, Pakistani, Polish, Turkish, Iraqi and Moroccan air forces. [B]This R&R work, which will be conducted in Clifton, New Jersey, is necessary to bring the F-16 AIDEWS systems back to mission capable condition and to equip partnering F-16 FMS fleets with airborne self-defense and survivability against electromagnetic threats. According to management, the restorations are set to wrap up in 2025.[/B] The contract comes on the heels of strong order momentum witnessed in the third quarter. Within the Mission Avionics segment, L3Harris nabbed $255 million in orders for F-35 avionics and modernization components, bringing total orders for the year to more than $650 million on the platform. LHX was also awarded a multi-million dollar contract for the initial production lot of the modernized open mission systems processor for the F/A-18 and EA-18G, an important element of the platforms' Block upgrades. So far in 2020, shares of L3Harris Technologies have tumbled 19%, but Wall Street is overwhelmingly bullish on the stock. The company scores a Strong Buy analyst consensus with 9 Buys versus no Holds or Sells. With the average analyst price target landing at $235.44, shares could gain 46% in the next year. (See L3Harris Technologies stock analysis on TipRanks) Morgan Stanley analyst Kristine Liwag started off her coverage of the company by assigning a Buy rating and $248 price target (54% upside potential). The initiation was driven by her more optimistic outlook for the space as a whole. [URL unfurl="true"]https://finance.yahoo.com/news/l3harris-technologies-scores-97-51m-123326333.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAJG63WH8cQXvsDBcKpIJNgi2EyB5XnMIQMXl7A79LLc_RboQRS6SmlARziemMQpt_c5_-TDU_wQfSnWzostgKby6o0ehdJqjJEpOXGzfjDOSj_PB6Mv-hi2C4vP5Ussl77Y3UOUgsL9exS15eTUXXSFeiZ8rcKNPfrf8x3etYXt2[/URL] Saludos [/QUOTE]
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