Tag: L3Harris

Trump bypasses Boeing to get an newly refurbished 747 Air Force One

12:40 pm

Apparently disgusted with Boeing’s inability to get two Boeing 747s refurbished on budget and before he leaves office in 2028, the Trump administration has now enlisted another aerospace company, L3Harris, to refurbish a 747 formerly used by the Qatar government.

The president hopes to use the refurbished plane by the fall, sources told the outlet, and is regularly checking on its progress . This aircraft will be an interim solution until the Boeing jets are delivered.

The current presidential jets — which have been in service since the George H.W. Bush administration — are nearing their end of life.

Boeing’s conduct here has been truly disgraceful. It got the $3.9 billion fixed-price contract to refurbish two of its own 747s in 2018. Yet, despite having two working 747s — a plane it designed and built — it can’t refurbish them in less than a decade, while going over budget by about $2.4 billion, money it has to lay out because of the fixed-price nature of the contract.

Hat tip to reader James Street.

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Firefly wins a 20-launch contract from L3Harris

11:26 am

The rocket startup Firefly has been awarded a new 20-launch contract from the aerospace company L3Harris, and is an add-on to an earlier three-launch contract signed in 2023.

The deal calls for two to four launches per year beginning in 2027. The launches will take place at Firefly’s launchpad at Vandenberg in California, and will likely be for mostly military or surveillance payloads.

It appears that Firefly is beginning to grab business from both SpaceX and Rocket Lab, a very healthy development. Its rocket’s capabilities falls somewhere in between both, so it has developed its own customer niche.

All will change of course when Rocket Lab’s larger Neutron rocket becomes operational.

Hat tip to BtB’s stringer Jay.

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Military awards satellite contracts worth $2.5 billion to three companies

9:25 am

The Pentagon’s Space Development Agency (SDA) today announced the award of contracts to Sierra Space, Lockheed Martin, and L3Harris for the construction of 54 reconnaissance satellites, with a total value of $2.5 billion.

The 54 satellites will form part of the SDA’s Proliferated Warfighter Space Architecture, a massive missile detection and tracking constellation in low Earth orbit that’s being built and launched in “tranches.” The trio of contracts announced today is for 18 satellites each in the Tranche 2 Tracking Layer: L3Harris’s award is worth $919 million; Lockheed Martin, $890 million; and Sierra Space, $740 million.

Last week SDA had awarded Rocket Lab its own 18-satellite contract for this constellation, worth $515 million.

The contract awards signal several major changes in the Pentagon’s space strategy. First, it is farming the work out to multiple companies, two of which (Rocket Lab and Sierra Space) are new. In the past the military relied on a very limited number of companies, all well established, with most contracts going to only one vender. New companies had great difficulties getting in the door.

Second, it is building a constellation of smallsats rather than single large satellites. Smallsats are cheaper to build and replace, and are much harder military targets to hit.

Third, though it appears the military is designing these satellites, it appears it is still shifting much of the work from it to the private sector. In other words, the Pentagon is becoming a customer instead of a builder. The result will be a healthy space industry capable of doing more for itself and the military.

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Aerojet Rocketdyne satellite power units are chronically failing

9:53 am

According to space insurers, problems on power units built by Aerojet Rocketdyne on four different satellites are going to cost the industry about $50 million in claims this year.

According to multiple insurance sources, Yahsat’s Al Yah 3, Avanti Communications’ Hylas 4, and Northrop Grumman’s two Mission Extension Vehicles (MEV-1 and MEV-2) are operating with reduced power to their thrusters following a problem with onboard Power Processing Units (PPUs).

The PPUs from Aerojet Rocketdyne provide the electrical power their thrusters need for station-keeping in geostationary orbit (GEO). One of the sources said Al Yah 3, Hylas 4, and MEV-2 have each lost one of two onboard PPUs since the issue emerged in 2022. The youngest of these spacecraft, MEV-2, launched in 2020.

While the article at the link focuses on the impact to space insurers for these additional claims, what I see are serious quality control problems at Aerojet Rocketdyne, now part of the company L3Harris after a summer acquisition. The new management of L3Harris better aggressively address this, or else it will find its $4.7 billion acquisition a big waste of money.

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FTC will not block the purchase of Aerojet Rocketdyne by L3Harris

10:03 am

How nice of them! The Federal Trade Commission (FTC) said yesterday that it will not block the planned purchase of Aerojet Rocketdyne by L3Harris, which the company expects to now complete in mere days.

The deal, if finalized, would place L3Harris on a solid footing to achieve Kubasik’s long-stated goal of positioning the company as the sixth major defense prime.

The forthcoming acquisition has also garnered support from an unlikely source: RTX, the parent company of missiles giant Raytheon. Executives from the company, which rely on Aerojet to deliver crucial parts, have been open in recent weeks that while they don’t love strengthening a competitor, they feel Aerojet is in desperate need of new leadership. “We’ve obviously always been concerned about Aerojet. But I would say some of these things have been magnified by all these external inputs,” Wes Kremer, Raytheon president, told Breaking Defense during last month’s Paris Air Show.

Aerojet has had problems for years, especially because the rocket engines it makes are very expensive. It has failed to garner any market share in the new emerging rocket industry, remaining dependent entirely on very generous government contracts and the older big space contractors. But even here, it lost out to Blue Origin when ULA was looking for engines for its new Vulcan rocket.

It is likely that after this merger, the name Aerojet Rocketdyne will vanish, a sad end to a company whose roots go back to the very beginning of the space age.

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L3Harris to buy Aerojet Rocketdyne for $4.7 billion.

10:02 am

The space and defense contractor L3Harris Technologies has announced a deal to buy Aerojet Rocketdyne for $4.7 billion.

L3Harris is buying Aerojet at $58 per share in an all-cash transaction. Aerojet shares traded at $54.89 on Dec. 16. The deal is expected to close in 2023, pending regulatory approvals.

Aerojet Rocketdyne, based in Sacramento, California, manufactures rocket engines and propulsion systems for space vehicles, ballistic missiles and military tactical weapons. The company generates approximately $2.3 billion in annual revenue. L3Harris, headquartered in Melbourne, Florida, is a global defense and aerospace firm with $17 billion in annual revenue.

This deal could in the end save Aerojet, which in recent years has had problems both making and selling its rocket engines, while facing increasing competition from many new rocket engine startups. As an old space company, its engines have tended to be too expensive, and often produced behind schedule. L3Harris now has the opportunity to clean house and streamline operations there, thus making the engines it produces more competitive in the emerging new space market.

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