15 février 2020 | International, Aérospatial, C4ISR
Melbourne, FLA. February 12, 2020 - The Air Force Life Cycle Management Center has awarded L3Harris Technologies (NYSE:LHX) a multimillion-dollar contract to develop a software platform that will make it easier for analysts to use artificial intelligence (AI) to identify objects in large data sets.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200212005069/en
L3Harris Technologies will develop a software platform that will make it easier for analysts to use artificial intelligence (AI) to identify objects in large data sets.
The U.S. military and intelligence community are inundated with massive amounts of data generated by remote sensing systems. Automated searches using algorithms that can identify pre-loaded images of objects makes pinpointing them easier. However, in order to train these algorithms, real images are often unavailable because they are either rare or do not exist. The L3Harris tool creates sample images used to train search algorithms to identify hard-to-find objects in the data, which will help make it easier for the military and intelligence community to adopt artificial intelligence.
“L3Harris is a premier provider of modeling and simulation capabilities that provide risk reduction for our customers who rely on advanced geospatial systems and data,” said Ed Zoiss, President, Space and Airborne Systems, L3Harris. “Accelerating the use of AI will help automate analysis of large geospatial data sets so warfighters receive trusted data faster and more efficiently.”
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 50,000 employees, with customers in 130 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 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/20200212005069/en/
5 octobre 2023 | International, Aérospatial
Several local companies are already developing unmanned ground vehicles in the hopes their products will be combat-proven by the Turkish military.
17 juin 2022 | International, Aérospatial
The bridge contract is intended to keep F135 engines in production until Pratt & Whitney and the Pentagon wrap up the next formal contract for engines.
14 juillet 2020 | International, Aérospatial, Naval, Terrestre, C4ISR, Sécurité
It's the first time a defense official has put a specific price tag on DoD's COVID relief efforts. The Pentagon needs Congress to approve “around $10 billion” to cover defense contractors' coronavirus-related expenses, a top defense official said Monday. Alan Shaffer, deputy defense undersecretary for acquisition and sustainment, became the first Defense Department official to put a price tag on the relief effort. “If there is another supplemental or stimulus package for realistic economic adjustment, we could be looking at somewhere around $10 billion in additional program costs,” Shaffer said during a taped appearance on the Government Matters television show that aired Monday afternoon. Also on Monday, White House economic advisor Larry Kudlow told Fox Business that the Trump administration is putting together a fourth coronavirus stimulus package. The CARES Act allows defense companies to recoup money they used to keep employees working amid the pandemic. While Congress authorized these reimbursements, they did not appropriate the funding. Until now, Pentagon officials have been vague in saying how much money was needed to cover the costs. During a June 11 House Armed Services Committee hearing, Ellen Lord, the defense undersecretary for acquisition and sustainment, said the Defense Department would request in the “lower end” of “tens of billions of dollars.” Last week, defense analyst Jim McAleese estimated that between $12 billion and $15 billion would be needed to cover companies' coronavirus expenses. If Congress does not appropriate the funds, the Pentagon would likely cut weapons buying and research funding to cover the costs, the CEOs of most major U.S. defense firms wrote in a July 7 letter to White House Office of Management and Budget Director Russell Vought. Factory shutdowns and trouble receiving parts from suppliers in the U.S. and globally have caused manufacturing disruptions across weapons programs. The current spike in COVID-19 cases in the southern United States in Florida, Texas, and Arizona, states with large defense manufacturing hubs, further disruptions to weapons projects are possible. “We're going to be at this for a while,” Schaffer said. “The exact number of months — your crystal ball is as good as mine.” Pentagon officials have been closely monitoring the aviation sector, where a substantial drop in commercial airline passenger travel has prompted airlines to ground planes and cancel new aircraft orders. In recent weeks, the Pentagon has awarded more than $400 million in bailouts to aviation, shipbuilding, space and even textile companies that manufacture military uniforms. Shaffer in the interview that aired Monday said more bailouts through so-called Defense Production Act Title 3 might be necessary. “I think we're going to have to look at what we can do through Defense Production Act title 3 [and] through other mechanisms to make sure that we remain viable in the aircraft [industry],” he said. “We've seen some projections from the industry that suggest the aircraft industry will take two to three years to rebound.” While Shaffer said “shipbuilding should be OK,” he said, “we're watching the space industrial sector very closely because we've seen a contraction in the commercial side for space launch.” Major U.S. defense firms are scheduled to report second-quarter earnings before the end of the month. https://www.defenseone.com/business/2020/07/we-need-10b-pay-contractors-coronavirus-expenses-pentagon-tells-congress