L3Harris touts progress on F-35 Technology Refresh 3

By Courtney Albon / October 29, 2021 at 5:10 PM
The CEO of L3Harris said today the company is making "good progress" on a major F-35 technology refresh effort, following significant delays and cost growth in recent years. Speaking during the company's third-quarter earnings call today, CEO Chris Kubasik said that while the transition from development to production on TR-3 will lead to lower F-35 revenue in 2021 and 2022, it will drive growth beginning in 2023 as the upgrade is cut into the production line and retrofits begin. The...

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