L3Harris Announces Agile Development Group New Innovation Accelerator to Address Near-Peer Threats

Rhea-AI Summary

L3Harris Technologies has launched the Agile Development Group (ADG) to enhance national security solutions. With a team of 2,500 engineers and professionals, ADG will focus on advanced sensors, weapons, and unmanned systems. This initiative aims to deliver innovative capabilities rapidly and reduce development costs, aligning with the recent nearly 10% increase in DoD R&D funds. The ADG will also leverage partnerships to integrate commercial and defense technologies, ensuring rapid response to emerging threats.

Positive

• Establishment of the Agile Development Group with 2,500 dedicated engineers to accelerate innovation.
• Focus on advanced technologies aligns with increased DoD R&D budget, projected to grow by almost 10%.
• Strategic partnerships with firms like Shield Capital to enhance technology development in defense sectors.

Negative

• None.

• ADG will focus on front-end development for urgent national security solutions
• Initial focus areas: advanced sensors, weapons systems and unmanned/multi-mission systems
• Trusted Disruptor strategy leverages best of defense and commercial approaches

MELBOURNE, Fla.--(BUSINESS WIRE)-- L3Harris Technologies (NYSE: LHX) has established a new innovation accelerator and collaboration initiative - the Agile Development Group - to rapidly address near-peer, national security threats.

L3Harris forms Agile Development Group to accelerate innovation to address near-peer national security threats. (Photo: Business Wire)

The ADG includes 2,500 dedicated engineers, program managers, technicians and operations professionals focused on advanced, front-end and rapid capability development. Initial focus areas include advanced sensors, mission systems, unmanned systems and weapons systems, which align with customers’ critical needs and where the company has existing differentiated technologies.

“Our mission is to deliver innovative, vital solutions within a fraction of the time and cost of industry norms,” said Dave Duggan, President, L3Harris Agile Development Group. “We’re listening to our customers and taking calculated risks to rapidly develop new capabilities that will urgently address emerging threats.”

The ADG will have a designated internal investment fund to mature and burn down risk of critical enabling technologies. The ADG’s lean, empowered development teams and digital engineering development approach will deliver solutions at the expeditious pace the DoD, allies and other domestic and international customers demand.

“U.S. national security leadership has been emphatic – the development and acquisition paradigm must adapt to deliver advanced, responsive capabilities more quickly,” said Christopher E. Kubasik, Vice Chair and CEO, L3Harris. “Our company strategy aligns with that emphasis – industry needs to think and act differently to deliver capabilities to support integrated deterrence and to build enduring advantages, and our ADG will do just that.”

The recently released FY23 DoD budget aligns with ADG focus areas, and the group is positioned well to offer solutions that will be supported by the major increase in Research, Development, Test and Evaluation (RDT&E) funds.

“The nearly 10% increase in RDT&E funds will lead to meaningful technology development in the next year, and we stand ready to partner with the department to rapidly make a difference,” Kubasik said.

The ADG will also leverage strategic partnership initiatives to spur further innovation, combining both internal and third-party capabilities to capitalize on the convergence of commercial and defense technologies.

One example is the strategic relationship ADG formed with the experienced investors, founders and national security experts at Shield Capital to quickly develop and deploy new technologies in cyber security, artificial intelligence, space sensing and autonomy. The venture capital firm, with strong ties to the DoD and Silicon Valley, offers L3Harris access to disruptive innovators for technology transfer, teaming arrangements, direct investments and acquisitions.

L3Harris expects to expand its ADG with additional staffing and resources and increase its collaboration efforts through other investments and partnerships across industry.

About L3Harris Technologies

L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs. The company provides advanced defense and commercial technologies across space, air, land, sea and cyber domains. L3Harris has more than $17 billion in annual revenue and 47,000 employees, with customers in more than 100 countries. L3Harris.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220404006016/en/

Jim Burke

Media Relations

Jim.Burke@L3Harris.com

321-727-9131

Sara Banda

Media Relations

Sara.Banda@L3Harris.com

321-306-8927

Source: L3Harris Technologies

FAQ

What is the Agile Development Group launched by L3Harris?

The Agile Development Group (ADG) is L3Harris' new initiative focused on rapidly developing national security solutions using advanced technologies.

How many engineers are part of L3Harris' Agile Development Group?

The Agile Development Group includes 2,500 engineers and professionals dedicated to innovation.

What areas will L3Harris' Agile Development Group focus on?

The ADG will focus on advanced sensors, weapons systems, and unmanned/multi-mission systems.

How does the FY23 DoD budget affect L3Harris?

The nearly 10% increase in the FY23 DoD budget for R&D aligns with the ADG’s focus areas, positioning L3Harris to provide timely solutions.

What is the goal of L3Harris' Agile Development Group?

The goal is to deliver vital solutions rapidly and cost-effectively, addressing urgent national security threats.