U.S. Flight Grounding Occurs as L3Harris Investigates Technical Flaw
LHX L3Harris Technologies Inc
$272.35 +0.19%
View chart & analysis → - 1The Federal Aviation Administration (FAA) issued a ground stop for flights because the root cause of the infrastructure malfunction could not be identified.
- 2L3Harris, collaborating with other technology companies, has achieved a completion rate of over 70% for the planned airspace communications transition from L3Harris's existing copper wires to fiber optic systems.
- 3Transportation Secretary Sean Duffy said there is no choice but to rely on L3Harris, which owns the network, until a new architecture can be built.
So what's the key point?
Flight operations have been temporarily paused due to issues with aviation facilities. L3Harris's technology has become critical during the process of switching to a new communication system.
Source Barrons.com +5 · View original ↗
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