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L3Harris Marks 100 Years in UK with Commitments to Armed Forces Community and Defence and Security Capabilities

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L3Harris Technologies (NYSE:LHX) celebrates a century of supporting the UK's defence and security by signing the Armed Forces Covenant. This covenant demonstrates the company's commitment to veterans and military personnel, providing career development and educational support. L3Harris also pledged £20,000 to Combat Stress and offers scholarships for pilot training. With 1,500 employees across 14 locations in the UK, L3Harris continues to invest in local capabilities, including $200 million in facilities for tactical radio communications and aviation training.

Positive
  • Celebrated 100 years in the UK defense sector.
  • Signed the Armed Forces Covenant to support military personnel.
  • Committed £20,000 to Combat Stress for veterans' mental health.
  • Plans to enhance UK capabilities with significant investments.
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  • None.

Highlights:

  • Celebrates a century of advancing UK defence and security needs globally
  • Signs Armed Forces Covenant to support military community and announces grant for veterans
  • Commits £20,000 to Combat Stress, UK’s leading charity to support mental health of veterans

LONDON--(BUSINESS WIRE)-- L3Harris Technologies (NYSE:LHX) marked 100 years of support for the United Kingdom’s defence and security needs by signing the Armed Forces Covenant, a significant commitment to members of the armed forces community.

The pledge marks a new dimension of L3Harris’s efforts to protect and advance the UK’s interests at home and around the world through ground-breaking capabilities across all military branches and domains.

The Armed Forces Covenant aims to provide employees who are veterans, reservists or military family members with access to important services and opportunities, such as career development, flexibility in leave for training or deployment, and assistance with education, family well-being, healthcare and other areas. In signing the Covenant during the 2021 Defence and Security Equipment International (DSEI) exhibition, L3Harris pledges to be a ‘forces friendly employer’, welcoming the experience, skills and qualities of UK veterans and reservists to its workforce.

“As we mark 100 years in the UK, we are honoured to support the country’s veterans, reservists and broader military community, both as a ‘forces friendly employer’ and a strong advocate for veterans,” said Christopher E. Kubasik, Vice Chair and Chief Executive Officer, L3Harris. “As the world grapples with an increasingly volatile geopolitical and military landscape, L3Harris will continue to lead the way in developing technologies and capabilities that protect and advance the UK’s defence and security needs as we have for the past century.”

Simultaneously, L3Harris has committed to a £20,000 donation to Combat Stress, the UK’s leading charity to support the mental health of veterans. L3Harris is also making available scholarships of up to £10,000 to support cadets in pilot training.

L3Harris has served military, security and civil customers in the UK since 1921, with the company’s 1,500 employees now based in 14 locations across the country. It works with nearly 2,500 UK suppliers with a supply chain impact of nearly $170 million as of 2020. The company’s recent investments reflect its commitment to develop and advance the UK’s capabilities, including $100 million in a Farnborough facility to modernise tactical radio communications and $100 million in a Crawley facility for aviation training. The company’s global autonomous maritime development work is based in the UK, generating economic impact and technological innovation that supports the UK’s aspiration for leadership in this area.

The U.S. based company is working closely with the UK to help accelerate the transition toward integrated, platform-agnostic programs that leverage data and information for more effective missions. This effort comes as part of the UK’s commitment to build a more modern, technologically advanced defence force, alongside partners and alliances such as NATO and Five Eyes. This includes driving the shift toward digitisation and artificial intelligence that will be crucial to a future of electronic warfare, cyber-warfare and autonomous engagement, as set forth in the UK Integrated Review in spring 2021. The company is also focused on enhanced systems, networks and sensors to gather, manage, analyse and share information and intelligence to predict changing demands and enable better decision making.

The company’s continued growth and investment in the UK aligns with the broader strategy of international expansion. L3Harris plans to grow its global business outside the United States from its current 20 per cent figure.

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 air, land, sea, space, and cyber domains. L3Harris has approximately $18 billion in annual revenue and 47,000 employees, with customers in more than 100 countries. L3Harris.com.

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 technologies and capabilities, financial commitments and global business growth 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.

Sara Banda

Media Relations

Sara.Banda@L3Harris.com

+1 321-674-4498

Jim Burke

Media Relations

Jim.Burke@L3Harris.com

+1 321-727-9131

Source: L3Harris Technologies

FAQ

What recent commitment did L3Harris Technologies (LHX) make to the UK military community?

L3Harris signed the Armed Forces Covenant to support veterans and military personnel.

What amount did L3Harris Technologies (LHX) donate to support veterans' mental health?

L3Harris committed £20,000 to Combat Stress, the UK's leading charity for veterans' mental health.

How long has L3Harris Technology (LHX) been operating in the UK?

L3Harris has been supporting the UK’s defense since 1921, marking 100 years in the country.

What facilities is L3Harris Technologies (LHX) investing in the UK?

L3Harris is investing $200 million in facilities for tactical radio communications and aviation training.

What is the significance of the Armed Forces Covenant for L3Harris Technologies (LHX)?

The covenant represents L3Harris's commitment to provide support and opportunities for veterans, reservists, and military families.

L3Harris Technologies, Inc.

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