HomeEverythingEducationTV
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
Story archiveAll categories
← All Stories

L3Harris awarded $955M contract for missile defense satellites

Created at 13 Jul · 10:39 PM1 source↑ Market-relevant
IN SHORT

Defense supplier L3Harris Technologies has received a $955 million contract from the U.S. Space Force to produce 18 satellites for the Golden Dome missile defense shield. The satellites are designed to detect and track advanced missile threats.

✉Newsletter

PiQ Daily

Pick your topics. Get only what matters, on your cadence.

Key Numbers

$955 millionL3Harris contract value for 18 satellites
18satellites L3Harris will produce
$1.75 billionTotal contract value for L3Harris and Sierra Space
36satellites to be built by L3Harris and Sierra Space
$798 millionSierra Space contract value for 18 satellites
70+missile-tracking and defense satellites ordered by U.S. from L3Harris
5L3Harris satellites currently in orbit
end of 2028scheduled availability for launch of new satellites

Who's Involved

L3Harris Technologies
Defense supplier awarded $955 million contract for satellites
U.S. Space Force
Agency awarding contract for missile defense satellites
Space Development Agency
Agency that awarded contracts for missile defense satellites
Sierra Space
Company awarded $798 million contract for 18 satellites
Donald Trump
President associated with the Golden Dome missile defense plan
Gurpartap “GP” Sandhoo
Space Force Portfolio Acquisition Executive for Missile Warning and Tracking
L3Harris awarded $955M contract for missile defense satellites

↳ Why This Matters

The contract signifies a significant investment in enhancing U.S. missile defense capabilities through a network of advanced satellites, aiming to counter evolving missile threats.

Key facts

  • L3Harris Technologies received a $955 million contract from the U.S. Space Force.
  • The contract is for 18 satellites to be used in the Golden Dome missile defense shield.
  • The satellites are designed to detect and track advanced missile threats.
  • L3Harris and Sierra Space were awarded a combined $1.75 billion for 36 satellites for the Accelerated Missile Defense Tranche 3 program.
  • The satellites are part of the Pentagon's effort to build a network for missile warning and tracking.

Defense supplier L3Harris Technologies has been awarded a $955 million contract by the U.S. Space Force to produce 18 satellites for the nation's Golden Dome missile defense shield. The satellites are designed to detect and track advanced missile threats.

This contract is part of a larger $1.75 billion award from the Space Development Agency (SDA) to L3Harris and Sierra Space for the Accelerated Missile Defense Tranche 3 program. Sierra Space received a separate contract valued at approximately $798 million for its share of 18 satellites. These new satellites are intended to expand the Tracking Layer of the Proliferated Warfighter Space Architecture (PWSA), a network of low Earth orbit satellites aimed at detecting, tracking, and defending against ballistic and hypersonic missile threats.

L3Harris has been expanding its satellite manufacturing capacity in the U.S. to support initiatives like President Donald Trump's Golden Dome plan. The company has received orders for over 70 missile-tracking and defense satellites from the U.S., with five already in orbit. The newly contracted satellites are slated for availability for launch by the end of 2028 and will be interoperable with existing SDA Tracking Layer spacecraft.

Defense contractors like L3Harris have seen increased business due to robust U.S. defense spending and rising global geopolitical tensions.

Frequently asked questions

The Golden Dome is a proposed U.S. missile defense initiative that aims to utilize a network of satellites for missile warning and tracking.

The SDA is responsible for developing and deploying space-based missile warning and tracking capabilities as part of the U.S. military's satellite architecture.

The satellites are designed to detect and track advanced missile threats, including ballistic and hypersonic missiles.

What Happens Next

01L3Harris will begin production of the satellites immediately.
02The satellites are scheduled to be available for launch by the end of 2028.

Get the newsletter.

Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

Cadence

How It Developed

L3Harris Technologies secured a $955 million contract from the U.S. Space Force.
The contract is for the production of 18 satellites for the Golden Dome missile defense shield.
The satellites will be capable of detecting and tracking advanced missile threats.
L3Harris has expanded its space and satellite manufacturing capacity in the U.S.
L3Harris and Sierra Space were awarded contracts totaling $1.75 billion for 36 satellites for the Accelerated Missile Defense Tranche 3 program.
Sierra Space received a contract valued at $798 million for 18 satellites.
The satellites are scheduled to be available for launch by the end of 2028.
The new satellites will be interoperable with existing Tracking Layer spacecraft and operate through a common ground system.

Sources

T1
L3Harris gets $955 million US contract to supply 18 satellites for Golden Dome missile shieldReuters
T2
L3Harris $843M 'Golden Dome' missile-satellite work coming to Palm Bayfloridatoday.com
T2
L3Harris, Sierra Space to build 36 satellites to expand U.S. missile ...spacenews.com

Related Stories

Trump to speak on foreign interference in 2020 election
13 Jul · 9:11 PM
Acting US spy chief announces staff reductions
13 Jul · 10:47 AM
Trump invested crypto gains in stocks and bonds, filings show
13 Jul · 11:13 AM
Erdogan gifts Trump gold-plated revolver at Nato summit
13 Jul · 10:21 AM
US seismologist detained in China on spying charges
13 Jul · 7:51 PM