L3Harris Marks Major Milestone for New Solid Rocket Motor 'Factories of the Future' in Virginia

L3Harris Technologies (NYSE:LHX) has broken ground on the construction of five new solid rocket motor facilities in Virginia that will boost production to support key national defense programs. The new facilities will incorporate modular factory design, robotic flex cells, automated, progressive casting and improved handling and assembly throughout the production line.

"L3Harris' growth in Virginia is another solid example of how we're expanding our rocket motor manufacturing infrastructure to support the nation's defense propulsion needs," said Ken Bedingfield, President, Aerojet Rocketdyne, L3Harris. "Made possible through a Defense Production Act Title III cooperative agreement, this expansion will complement an existing 256,000 square feet of manufacturing space, supporting some of the most advanced propulsion research and production in the world."

L3Harris' site in Virginia hosts the company's Center of Excellence for Propellant Research and Small to Medium-sized Solid Rocket Motor Production. The expansion includes a 12,000 square foot, state-of-the-art solid rocket motor cast and assembly facility, as well as a control room, facilities to support mixing and grinding operations and upgrades to the site's motor testing capabilities. The consolidated cast and assembly building will centralize production of a critical program under one roof, reducing the distance motors travel during manufacturing by 90%.

"L3Harris' continued expansion in Virginia underscores the Commonwealth's pivotal role in safeguarding our nation's security," said Virginia Gov. Glenn Youngkin. "With a world-class workforce, cutting-edge infrastructure, and a strategic East Coast location, Virginia offers the ideal environment for defense and aerospace leaders like L3Harris to grow and drive innovation for the future."

"I'm proud of Virginia's continued leadership in the defense sector, which is made possible in part through crucial investments like L3Harris' new solid rocket motor facilities," said Sen. Tim Kaine, D-Va. "I'll keep looking for opportunities to support Virginia's robust defense industry—a core pillar of Virginia's economy and a key component of our military readiness."

"Thrilled to see L3Harris expand its presence in Virginia and continue to strengthen our defense industrial base," said Sen. Mark R. Warner, D-Va. "This investment in Orange County will support the world-class research and manufacturing coming out of Virginia, while also creating valuable jobs for American workers."

"This investment by L3Harris underscores how the Seventh Congressional District, and Virginia overall, remains a great place to build systems critical to our national security. This project will yield exactly the kind of smart, strategic growth we need in the Seventh District to strengthen our national security, rebuild America's defense industrial base, and build key components for munitions such as the Javelin," said Rep. Eugene Vindman, D-Va. "As an Army veteran and a member of the House Armed Services Committee, I will prioritize supporting projects that ensure our service members have the tools they need to keep our country safe — while creating more good jobs right here in the Seventh."

"Investment in key capabilities for domestic defense production is integral to our efforts to continue to support warfighter requirements," said Greg Davis, Acting Director, Manufacturing Capability Expansion and Investment Prioritization, Office of the Assistant Secretary of Defense for Industrial Base Policy. "It's also an important component to the Department's priority of revitalizing the defense industrial base."

L3Harris is also modernizing and expanding its solid rocket motor production in two other states. The company is constructing new solid rocket motor facilities in Camden, Arkansas, and is transitioning production of inert components for critical missile systems to align with the sites' core competencies in Huntsville, Alabama. The company is already ramping up production due to digital process improvements as well as new tooling and equipment.

About L3Harris Technologies

L3Harris Technologies is the Trusted Disruptor in the defense industry. 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 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 future capacity are forward-looking and involve risks and uncertainties. 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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Media Contacts:

Jessica Carlton

Aerojet Rocketdyne

[email protected]

256-513-2220

Sara Banda

Corporate

[email protected]

321-306-8927