L-3 Communications to Help DARPA Build Drone-Based Internet System

L-3 will develop "pods" for Shadow UAVs to create mobile Internet hotspots.

Mar 13, 2014 at 9:31PM

The Department of Defense awarded 13 separate defense contracts Thursday, worth $453.2 million in total. Defense contractor L-3 Communications (NYSE:LLL) won two of them:

  • The larger of the two awards, a $38 million contract modification to an existing firm-fixed-price contract, calls for L-3 to supply non-long-lead critical spare parts needed for Royal Australian Air Force's fleet of 10 C-27J transport planes, currently on order. Delivery of these parts is due by March 2015.
  • The smaller, but perhaps more interesting award is a $16.4 million cost-plus-fixed-fee contract with the U.S. Defense Advanced Research Projects Agency -- DARPA. L-3 will be supporting Phases 2 and, if the appropriate contract option is exercised, also Phase 3 of the DARPA mobile hotspots program.

As DARPA explains on its website, this project aims to provide "high-bandwidth communications for troops in remote forward operating locations" lacking access to traditional wired Internet. If successful, this experimental program will use air, mobile, and fixed assets to create a "gigabit-per-second tactical millimeter-wave backbone network" extending from military commanders all the way down to the lowest-echelon warfighters. The UAV pods will be an integral part of this project.

In Phase 2, L-3 will be expected to deliver a "solution" consisting of radio and router pods that can be mounted aboard Shadow unmanned aerial vehicles (UAVs) manufactured by Textron (NYSE:TXT). These pods will be used to create UAV-borne mobile hotspots in the vicinity of the UAVs. Completion of Phase 2 is expected to be achieved by March 12, 2015.

Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of L-3 Communications Holdings and Textron. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Money to your ears - A great FREE investing resource for you

The best way to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as “binge-worthy finance.”

Feb 1, 2016 at 5:03PM

Whether we're in the midst of earnings season or riding out the market's lulls, you want to know the best strategies for your money.

And you'll want to go beyond the hype of screaming TV personalities, fear-mongering ads, and "analysis" from people who might have your email address ... but no track record of success.

In short, you want a voice of reason you can count on.

A 2015 Business Insider article titled, "11 websites to bookmark if you want to get rich," rated The Motley Fool as the #1 place online to get smarter about investing.

And one of the easiest, most enjoyable, most valuable ways to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as "binge-worthy finance."

Whether you make it part of your daily commute or you save up and listen to a handful of episodes for your 50-mile bike rides or long soaks in a bubble bath (or both!), the podcasts make sense of your money.

And unlike so many who want to make the subjects of personal finance and investing complicated and scary, our podcasts are clear, insightful, and (yes, it's true) fun.

Our free suite of podcasts

Motley Fool Money features a team of our analysts discussing the week's top business and investing stories, interviews, and an inside look at the stocks on our radar. The show is also heard weekly on dozens of radio stations across the country.

The hosts of Motley Fool Answers challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves.

David Gardner, co-founder of The Motley Fool, is among the most respected and trusted sources on investing. And he's the host of Rule Breaker Investing, in which he shares his insights into today's most innovative and disruptive companies ... and how to profit from them.

Market Foolery is our daily look at stocks in the news, as well as the top business and investing stories.

And Industry Focus offers a deeper dive into a specific industry and the stories making headlines. Healthcare, technology, energy, consumer goods, and other industries take turns in the spotlight.

They're all informative, entertaining, and eminently listenable. Rule Breaker Investing and Answers are timeless, so it's worth going back to and listening from the very start; the other three are focused more on today's events, so listen to the most recent first.

All are available for free at www.fool.com/podcasts.

If you're looking for a friendly voice ... with great advice on how to make the most of your money ... from a business with a lengthy track record of success ... in clear, compelling language ... I encourage you to give a listen to our free podcasts.

Head to www.fool.com/podcasts, give them a spin, and you can subscribe there (at iTunes, Stitcher, or our other partners) if you want to receive them regularly.

It's money to your ears.

 


Compare Brokers