L3Harris Technologies Inc Stock Price, News & Analysis

L3Harris Technologies (NYSE:LHX) has unveiled its new family of launched effects vehicles - Red Wolf™ and Green Wolf™ - designed to enhance U.S. military capabilities across multiple domains. Red Wolf serves as a kinetic platform for long-range precision strikes, while Green Wolf focuses on electronic warfare with advanced detection and attack capabilities.

Both vehicles feature modular design, advanced software for in-flight collaboration, and support autonomous aircraft swarming. The company has conducted over 40 test flights during the five-year development period and plans to begin low-rate initial production by the end of 2025.

L3Harris Technologies (NYSE:LHX) has announced plans to build a large solid rocket motor (LSRM) production campus in Camden, Arkansas, as part of a nearly half-billion-dollar investment across its major production sites. The new campus will span 110 acres with over 20 buildings, adding more than 130,000 square feet of manufacturing and office space to the existing 2,000-acre site.

The expansion is expected to provide a six-fold increase in manufacturing capacity and create flexible production facilities for missile defense targets, interceptors, and hypersonic vehicles. The project will complement the company's existing workforce of approximately 1,300 local team members. Construction is set to begin in 2025, with production expected to start in 2027.

L3Harris Technologies (NYSE:LHX) has scheduled its second quarter 2025 earnings release and conference call. The company will release its financial results before market opens on Thursday, July 24, 2025. A conference call to discuss the results will be held the same day at 10:30 a.m. ET.

The earnings call will be accessible via webcast on L3Harris.com, with a recording available on the same platform starting at approximately 12 p.m. ET on July 24, 2025.

L3Harris Technologies (LHX) has initiated construction of five new solid rocket motor facilities in Virginia, marking a significant expansion of its defense manufacturing capabilities. The new facilities will feature advanced manufacturing technologies including modular factory design, robotic flex cells, and automated casting systems.

The expansion includes a 12,000 square foot state-of-the-art solid rocket motor cast and assembly facility, along with supporting infrastructure. This consolidation will reduce motor manufacturing travel distance by 90%. The project, supported by a Defense Production Act Title III cooperative agreement, will complement existing 256,000 square feet of manufacturing space.

L3Harris is also modernizing operations in Camden, Arkansas, and Huntsville, Alabama, as part of its broader initiative to enhance solid rocket motor production capabilities for national defense programs.

L3Harris Technologies (LHX) has secured multiple orders worth $214 million under Germany's Digitalization – Land Based Operations (D-LBO) program. The orders involve delivering interoperable communication systems to enhance German armed forces' operational capabilities.

The company will provide resilient communications solutions featuring battle-tested hardware and robust waveform technology to support D-LBO's goal of improving operational efficiency and coalition interoperability. This follows recent awards for Falcon® radios from the Netherlands' FOXTROT and U.S. Army's HMS programs.

L3Harris Technologies (NYSE: LHX) has announced its participation in three major investor conferences in May. CFO and Aerojet Rocketdyne President Ken Bedingfield will present at:

• Barclays Americas Select Franchise Conference in London (May 6, 8:30 a.m. local/3:30 a.m. ET)
• Wolfe Research Conference in New York City (May 22, 12:50 p.m. ET)

Additionally, Chair and CEO Christopher E. Kubasik will join Bedingfield at the Bernstein Strategic Decisions Conference in New York City (May 29, 9 a.m. ET). All presentations will be streamed live on the L3Harris website with recordings available afterward.

L3Harris Technologies (NYSE: LHX) reported Q1 2025 results with revenue of $5.1 billion, down 2% year-over-year. The company achieved a diluted EPS of $2.04 and non-GAAP diluted EPS of $2.41.

Key financial metrics include:

• Operating margin of 10.2%; Adjusted segment operating margin of 15.6%
• Repurchased $569 million of shares
• Cash used in operations improved to ($42) million

The company updated its 2025 guidance following the Commercial Aviation Solutions divestiture, now projecting:

• Revenue of $21.4B - $21.7B (previously $21.8B - $22.2B)
• Non-GAAP diluted EPS of $10.30 - $10.50
• Adjusted free cash flow of $2.4B - $2.5B

L3Harris Technologies (NYSE: LHX) has announced its Board of Directors has declared a quarterly cash dividend of $1.20 per common share. The dividend will be payable on June 18, 2025, to shareholders of record at the close of business on June 3, 2025.

L3Harris Technologies (NYSE: LHX) has completed a $125 million expansion of its space manufacturing facility in Fort Wayne, Indiana. The expanded 95,000-square-foot facility will support engineering, integration, testing and program management for missile defense programs.

The facility enhancement aims to support the Department of Defense's requirements for on-orbit technology, with capacity to produce 48 payloads annually. L3Harris currently has 5 satellites in orbit and 34 satellites in development for the Space Development Agency's Tracking Layer and the Missile Defense Agency's Hypersonic and Ballistic Tracking Space Sensor (HBTSS) program.

The expansion will also support increased satellite production capacity for civil weather programs globally, with completion targeted for the latter half of the presidential term.