L3Harris Receives Contract to Develop Long-Range Drone Interceptor

MELBOURNE, Fla., Oct. 23, 2026 - L3Harris Technologies (NYSE: LHX) has received a three-year contract, valued at up to $60 million, to advance a long-range, maneuverable interceptor for the U.S. Army Combat Capabilities Development Command Aviation & Missile Center Xtended Range Counter-sUAS Missile program.

Designed to counter small- to medium-size unmanned aircraft systems as well as traditional Short Range Air Defense threats, L3Harris advanced to the project's second phase for flight performance testing with a fully integrated interceptor that delivers greater range, speed and operational flexibility than current systems.

"We are leveraging L3Harris' deep technical expertise across propulsion, guidance and advanced manufacturing to deliver a next-generation interceptor that meets the Army's evolving mission requirements," said Scott Alexander, President, Propulsion Systems, Missile Solutions, L3Harris. "This design combines innovative propulsion with advanced seeker technologies to provide a highly capable, modular and cost-effective solution deployable from existing launch platforms."

L3Harris is also evolving its counter-sUAS solution for compatibility with existing U.S. military platforms to rapidly integrate into current operational architectures. This creates a novel approach to air-breathing ramjet engines by enabling greater fuel efficiency and extended engagement range.

About L3Harris Technologies

L3Harris is the Trusted Disruptor in defense tech. 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 the Private Securities Litigation Reform Act of 1995 and may be identified by the use of the words such as "expect," "will" or similar expressions. In addition, statements about order values and system capabilities are forward-looking and involve risks and uncertainties. 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, including continued funding up to the full contract value and other risks set forth in the Company's Annual Report on Form 10-K and other filings with the SEC. 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.

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