US DoD Picks L3Harris For Artificial Intelligence Services

  • L3Harris Technologies Inc LHX has been selected by the U.S. Department of Defense to deliver artificial intelligence services to improve intelligence gathering and collaboration across the defense and intelligence communities.
  • The Joint Artificial Intelligence Center (JAIC) Data Readiness for AI Development contract is a five-year blanket purchase agreement that allows the DOD to use artificial intelligence more effectively. Financial terms were not disclosed.
  • The agreement allows DOD to access data management and analytic services that will ease the process.
  • Price Action: LHX shares are trading higher by 1.07% at $241.51 on the last check Tuesday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsContractsBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!