Market News
Recent Developments
New product launches
- Septier Communication: In 2020, Septier Communication, a leading provider of lawful interception and intelligence solutions, launched its StingRay Upgrade Solution. This solution enables law enforcement agencies to upgrade existing StingRay systems to support 4G/LTE networks, thus allowing them to maintain their interception capabilities in the face of evolving communication technologies.
- In 2023, the Harris Corporation is a major American technology company specializing in providing communication, defense, and information technology products and services. Unveiled Stingray, an IMSI-catcher, and subsequently distributed it to several U.S. government agencies. These catchers are alternatively referred to as cell site simulators or cell site emulators within certain law enforcement entities.
- On November 1, 2023, L3Harris Technologies is a global aerospace and defense Technology Company that emerged from the merger of L3 Technologies secured contracts for the development and enhancement of fire control systems on rocket launch vehicles. These systems play a crucial role in assisting the U.S. Army and allied forces worldwide in achieving battlefield dominance.
Acquisition and Partnerships
Key Strategic Initiatives
- In July 2023, the acquisition of Aerojet Rocketdyne, a subsidiary of American defense company Harris Technologies, that manufactures rocket, hypersonic, and electric propulsive systems for space, defense, civil and commercial applications by L3Harris Technologies is complete, thus resulting in the establishment of a fourth business segment within the company.
- In Sepember 2023, L3Harris was granted a contract extension spanning an additional five years to persist in providing MyFloridaNet-2 (MFN-2). This private communications network serves as a robust and dependable statewide communication infrastructure throughout Florida, U.S. ensuring high availability and reliability.
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