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

  • information governance

    Information governance is a holistic approach to managing corporate information by implementing processes, roles, controls and ...

  • enterprise document management (EDM)

    Enterprise document management (EDM) is a strategy for overseeing an organization's paper and electronic documents so they can be...

  • risk assessment

    Risk assessment is the identification of hazards that could negatively impact an organization's ability to conduct business.

SearchSecurity

  • cyber espionage

    Cyber espionage, also called cyber spying, is a form of cyber attack that is carried out against a competitive company or ...

  • virus (computer virus)

    A computer virus is malicious code that replicates by copying itself to another program, computer boot sector or document and ...

  • spam trap

    A spam trap is an email address that is used to identify and monitor spam email.

SearchHealthIT

SearchDisasterRecovery

  • risk mitigation

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

  • call tree

    A call tree is a layered hierarchical communication model that is used to notify specific individuals of an event and coordinate ...

  • Disaster Recovery as a Service (DRaaS)

    Disaster recovery as a service (DRaaS) is the replication and hosting of physical or virtual servers by a third party to provide ...

SearchStorage

  • dropout

    Dropout refers to data, or noise, that's intentionally dropped from a neural network to improve processing and time to results.

  • cloud storage

    Cloud storage is a service model in which data is transmitted and stored on remote storage systems, where it is maintained, ...

  • cloud testing

    Cloud testing is the process of using the cloud computing resources of a third-party service provider to test software ...

Close