Browse Definitions :
Definition

L3 Harris Technologies

L3 Harris Technologies is a military technology contractor. The company is the result of a merger in 2018 between L3 and Harris Technology. L3, which specializes in intelligence, surveillance and reconnaissance (ISR) systems for military and commercial aviation customers, provides communication electronics such as sensor systems, satellite communication systems and computer processors for jets. Harris Technologies makes communications systems for both military and civilian use as well. Its products support battlefield communications, air traffic management and weather monitoring. 

The merger of the two companie, which was announced on October 14, 2018, is expected to make L2 Harris Technologies the seventh largest defense contractorThe company headquarters is set to be in Melbourne, Florida and six directors from each company will serve in the new company's 12-person board. The two companies have a similar corporate culture and the new resulting company is worth a joint value of 33.6 billion dollars. Analyst Carter Copeland compared the potential of the merger to the 1990’s merger of Lockheed and Martin Marietta, which formed the 96 billion dollar Lockheed Martin. Other competitors include General Dynamics, Raytheon and Northrup Grumman. 

This was last updated in November 2018

Continue Reading About L3 Harris Technologies

SearchCompliance
  • OPSEC (operations security)

    OPSEC (operations security) is a security and risk management process and strategy that classifies information, then determines ...

  • smart contract

    A smart contract is a decentralized application that executes business logic in response to events.

  • compliance risk

    Compliance risk is an organization's potential exposure to legal penalties, financial forfeiture and material loss, resulting ...

SearchSecurity
  • threat modeling

    Threat modeling is a procedure for optimizing application, system or business process security by identifying objectives and ...

  • distributed denial-of-service (DDoS) attack

    A distributed denial-of-service (DDoS) attack is one in which multiple compromised computer systems attack a target, such as a ...

  • social engineering

    Social engineering is an attack vector that relies heavily on human interaction and often involves manipulating people into ...

SearchHealthIT
SearchDisasterRecovery
  • change control

    Change control is a systematic approach to managing all changes made to a product or system.

  • disaster recovery (DR)

    Disaster recovery (DR) is an organization's ability to respond to and recover from an event that affects business operations.

  • risk mitigation

    Risk mitigation is a strategy to prepare for and lessen the effects of threats faced by a business.

SearchStorage
  • bare-metal cloud

    Bare-metal cloud is a public cloud service that offers dedicated hardware resources without any installed operating systems or ...

  • race condition

    A race condition is an undesirable situation that occurs when a device or system attempts to perform two or more operations at ...

  • storage security

    Storage security is the group of parameters and settings that make storage resources available to authorized users and trusted ...

Close