Core Insights - Malaysia has expanded the deployment of BlackBerry's secure communication solutions, AtHoc and SecuSUITE, to enhance security during the ASEAN Summits in 2025 [1][5] - The use of these technologies aims to protect sensitive communications and improve coordination among various government agencies involved in the Summits [3][4] Company Update - BlackBerry AtHoc is utilized for secure emergency notifications and incident response, facilitating real-time coordination across agencies [4] - BlackBerry SecuSUITE is a military-grade secure voice and messaging solution that safeguards sensitive conversations from interception [4][5] - The deployment of these solutions is part of Malaysia's efforts to set a new standard for sovereign secure communications during high-profile events [5][8] Operational Details - During the 46th ASEAN Summit, 100 liaison officers used BlackBerry AtHoc for secure, location-based alerts and coordination [6] - For the upcoming 47th Summit, the number of liaison officers will increase to 150, all equipped with AtHoc and SecuSUITE on mobile devices [6][7] - The technology used is comparable to that employed during the G7 Summits, highlighting its effectiveness in ensuring operational resilience and inter-agency collaboration [8]

Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) has signed two three-way Confidentiality Agreements (NDAs) with global partners to enhance secure communications for the Nexus 20 platform, as requested by the Ukrainian Ministry of Defence [1][2]. Group 1: Agreements and Collaborations - The NDAs involve partnerships with Babcock Land Defence Limited, Nokia Solutions and Networks Oy, and Ericsson Limited, focusing on the design and integration of 4G/5G telecommunications systems into the Nexus 20 [2]. - Nokia and Ericsson have been chosen as preferred suppliers for advanced telecommunications hardware, which includes the delivery of 50 Nexus 20 platforms [2]. Group 2: Strategic Importance - The collaboration aims to ensure that industry leaders can work in a secure environment to deliver advanced communications systems that meet the operational needs of the Ukrainian Ministry of Defence [3]. - The Nexus 20 program highlights the critical need for resilient, secure, and high-capacity communications in modern defense operations, moving closer to deployment with the execution of these NDAs [3]. Group 3: Company Overview - CiTech is focused on developing autonomous, high-capacity, rapidly deployable technology for sectors such as mining, defense, border security, and emergency services [5]. - The company's first product, the Nexus 16, aims to provide essential mobile telecommunications, addressing limitations of current communication solutions [5].

Core Viewpoint - L3Harris Technologies Inc. is demonstrating stability and growth in the defense sector, with a focus on long-term contracts and diversified defense capabilities [2][4][23] Financial Performance - As of early June, L3Harris shares were trading at approximately $242, reflecting a modest year-over-year decline of around 3.2%, while its market cap stands at roughly $44.87 billion [3] - The company reported $5.52 billion in revenue for Q1 2025 and raised its cost-saving target to $1.2 billion for the year [12] Valuation Metrics - L3Harris has a P/E ratio of 28.71, which is positioned between Lockheed Martin at 20.60 and RTX Corp. at 40.78, indicating it is neither the cheapest nor the most expensive in the sector [5] - The dividend yield is 1.98%, slightly ahead of RTX but behind Lockheed Martin's 2.76% [6] Growth Drivers - L3Harris is building momentum across various defense segments, including space systems, tactical communications, and classified defense work, which are increasingly prioritized by the market [8][11][16] - Recent contracts include a $90 million deal with the U.S. Space Force and nearly $300 million from the Army for mission-critical communications gear, reinforcing its role in next-gen defense infrastructure [14][15] Strategic Positioning - The company's focus aligns with U.S. and NATO priorities around modernization and readiness, positioning it well for future defense spending [17][18] - L3Harris is diversifying its portfolio across critical areas such as space systems, secure communications, and AI-integrated battlefield technologies, reducing reliance on any single program [16][23] Market Perception - Despite its strong fundamentals and growth potential, L3Harris is currently trading at a discount compared to peers, suggesting that the market may be mispricing its value [4][23] - The company’s steady contract flow and focus on core military needs provide a clearer path forward in a defense-heavy environment [15]