US Army Awards L3Harris Second Full-Scale ENVG-B Production Order

Rhea-AI Summary

L3Harris Technologies (NYSE: LHX) has secured a $263 million order from the U.S. Army for continued production of the Enhanced Night Vision Goggle – Binocular (ENVG-B). This represents the second order under the full-scale production Indefinite Delivery, Indefinite Quantity program, following a similar award earlier this year.

The company has already delivered over 18,000 ENVG-B systems to the Army, featuring industry-leading Figure of Merit levels and digital overlays for enhanced performance. Additionally, L3Harris has supplied more than 28,000 advanced vision goggles to warfighters worldwide, including their Binocular Night Vision Device – Fused solution.

L3Harris plans to continue enhancing ENVG-B technology through investments in night-vision technology, artificial intelligence, and open-system architecture development to expand the device's capabilities for future Army deployments.

Positive

• Secured new $263 million U.S. Army order
• Second major order under full-scale production program in 2023
• Successfully delivered over 18,000 ENVG-B systems to date
• Established market position with 28,000+ vision goggles delivered worldwide

Negative

• None.

Insights

Defense Industry Analyst

The $263 million ENVG-B order represents a substantial revenue boost for L3Harris's Communication Systems segment. This second full-scale production order validates the Army's confidence in L3Harris's night vision technology and strengthens the company's position in the military optics market. With over 18,000 ENVG-B systems already delivered and an additional 28,000 advanced vision goggles supplied globally, L3Harris has established a dominant market presence.

The IDIQ (Indefinite Delivery, Indefinite Quantity) contract structure provides steady, predictable revenue streams while allowing for flexible delivery schedules. The focus on enhancing ENVG-B capabilities through AI and open-system architecture development indicates potential for future contract modifications and upgrades, creating additional revenue opportunities. The program's success in New Hampshire also strengthens L3Harris's political capital, which is important for future defense contracts.

Military Technology Expert

The ENVG-B system represents a critical technological advantage in modern warfare, particularly in low-light combat scenarios. The integration with the Integrated Tactical Network positions these goggles as not just vision devices, but as vital communication hubs in the broader military ecosystem. The system's Figure of Merit levels and digital overlay capabilities significantly enhance soldier effectiveness through superior target identification and engagement capabilities.

For investors, the key technological differentiator is L3Harris's fusion of traditional night vision with digital capabilities. This creates high barriers to entry for competitors and establishes a strong foundation for future upgrades and enhancements. The commitment to AI integration and open architecture development suggests a long-term growth trajectory for the program, as these features will be increasingly important in future military operations.

LONDONDERRY, N.H.--(BUSINESS WIRE)-- L3Harris Technologies (NYSE: LHX) has received a $263 million order from the U.S. Army for continued production of the Enhanced Night Vision Goggle – Binocular (ENVG-B). This is the second order under the full-scale production Indefinite Delivery, Indefinite Quantity program, following a similar award earlier this year.

“Our innovative fused night-vision technology provides U.S. soldiers the most sophisticated capability available to identify and engage targets in limited light before adversaries see them,” said Sam Mehta, President, Communication Systems, L3Harris. “With the ability to extend the system as a communication hub or sensor, we can increase soldiers’ situational awareness and drive connectivity with the larger Integrated Tactical Network.”

“The defense industrial base in New Hampshire contributes immensely to our national security – and this new investment in L3Harris’ ENVG-B program will continue to fuel production of cutting-edge night vision capability for the warfighter in Londonderry,” said Sen. Jeanne Shaheen, D-N.H. “I’m proud of the L3Harris workforce here in New Hampshire and the important work they are doing to enhance our national defense.”

L3Harris has delivered more than 18,000 ENVG-B systems to the Army to date, providing industry-leading Figure of Merit levels and digital overlays that augment performance. L3Harris will continue enhancing ENVG-B and similar technologies through investments in night-vision technology, artificial intelligence and open-system architecture development to expand the device’s critical capabilities for the thousands of systems the Army will deploy.

The company has also delivered more than 28,000 advanced vision goggles to warfighters worldwide, including the company’s Binocular Night Vision Device – Fused solution, demonstrating L3Harris’ commitment to resilient capabilities.

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 the value or expected value of orders, contracts or programs and about system capabilities 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250121927760/en/

Media Contacts:

Jason Simpson

Communication Systems

Jason.Simpson01@L3Harris.com

603-400-9285

Sara Banda

Corporate

Media@L3Harris.com

321-306-8927

Source: L3Harris Technologies

FAQ

What is the value of L3Harris' (LHX) latest ENVG-B contract with the U.S. Army?

L3Harris received a $263 million order from the U.S. Army for the Enhanced Night Vision Goggle – Binocular (ENVG-B) production.

How many ENVG-B systems has L3Harris (LHX) delivered to the U.S. Army?

L3Harris has delivered more than 18,000 ENVG-B systems to the U.S. Army to date.

What is the total number of advanced vision goggles L3Harris (LHX) has delivered worldwide?

L3Harris has delivered more than 28,000 advanced vision goggles to warfighters worldwide.

What technological improvements is L3Harris (LHX) planning for the ENVG-B system?

L3Harris is investing in night-vision technology, artificial intelligence, and open-system architecture development to enhance ENVG-B capabilities.

Is this the first ENVG-B production order for L3Harris (LHX) from the U.S. Army in 2023?

No, this is the second order under the full-scale production program, following a similar award earlier in 2023.