Iridium Communications (IRDM) announced a new five-year commercial contract with L3Harris Technologies (LHX) for the Iridium Satellite Time and Location service. Under the terms of the five-year agreement, Iridium will provide the STL service to more than three dozen L3Harris-operated communications network backbone nodes and a similar number of Federal Aviation Administration facilities throughout the United States.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IRDM:
- Iridium Completes Satelles Acquisition; Introduces Iridium Satellite Time and Location (STL)
- Iridium to acquire Satelles, terms not disclosed
- Iridium Communications Rolls Out New Employee Incentive Programs
- Iridium price target lowered to $42 from $45 at Barclays
- Iridium downgraded to Neutral from Buy at BWS Financial
