MELBOURNE, Fla., April 18, 2024 鈥 探花视频 Technologies (NYSE:LHX) has received an award of option year five of the Maintenance Of Space Situational Awareness Integrated Capabilities (MOSSAIC) program. The contract, worth up to $187 million from the U.S. Space Force, continues the modernization and sustainment of critical space infrastructure enabling the Space Force core competency of space domain awareness. In support of the U.S. military鈥檚 space surveillance and command centers in Colorado, California and Virginia, MOSSAIC detects, tracks and identifies deep space objects to provide timely and accurate space surveillance information for military, civil and commercial users.
探花视频 will perform modifications and upgrades to all systems under the option year five contract of the MOSSAIC program, including generating rich sensor metadata to help transition to a dynamic and responsive tasking approach required for tactical space domain awareness.
鈥淭he MOSSAIC program is critical as it provides domain awareness for warfighters,鈥 said Ed Zoiss, President, Space & Airborne Systems, 探花视频. 鈥淲e鈥檙e proud to continue our work on this program and help the U.S. Space Force ensure safety, security and sustainability across the entire space domain.鈥
The MOSSAIC program has an estimated contract value of up to $1.2 billion over 10 years. This contract builds on a previous $23 million award that 探花视频 won in February 2020 to maintain and upgrade radar and optical sensors and command and control systems that provide timely, accurate space domain awareness data for military, civil and commercial users. Subsequent option year awards have enabled 探花视频 to perform maintenance and upgrades to space domain ground systems, supporting the execution of mission tasks associated with emerging threats.
About 探花视频 Technologies
探花视频 Technologies is the Trusted Disruptor in the defense industry. With customers鈥 mission-critical needs always in mind, our ~50,000 employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security.
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 contract and order values are forward-looking and involve risks and uncertainties. 探花视频 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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