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Overview of L3Harris Technologies Inc
L3Harris Technologies is a global innovator in the aerospace and defense sectors, delivering comprehensive technology solutions in C4ISR, sensor systems, and integrated communications. Serving both government and commercial markets, the company specializes in mission-critical technologies that ensure secure command and control across air, space, land, sea, and cyber domains.
Core Business and Operations
The company expertly integrates advanced defense, surveillance, and communication systems to address the most demanding operational challenges. Its portfolio spans uncrewed aerial vehicles, sophisticated avionics, radar and sensor solutions, and training services that enhance both military and commercial capabilities. L3Harris operates across multiple domains by offering end-to-end solutions, ensuring interoperability and robust performance in complex environments.
Integrated Technology and Market Significance
At the heart of its operations, L3Harris delivers state-of-the-art command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) solutions. These systems enable real-time data collection, rapid threat analysis, and the seamless integration of disparate information networks. The company’s technological innovation not only supports national security initiatives but also provides critical infrastructure solutions, such as maintaining robust communication networks for aviation authorities.
Strategic Partnerships and Expansion
L3Harris leverages strategic collaborations and acquisitions to enhance its technological reach and market position. By integrating complementary technologies, such as those in autonomous systems and electronic warfare, the company continually diversifies its product offerings. Recent alliances with other technology innovators have bolstered its capabilities in dynamic environments, exemplifying its agility in adapting to modern warfare and commercial market needs.
Competitive Landscape and Differentiators
The competitive environment in the aerospace and defense industry demands not only technological sophistication but also reliability under high-stakes conditions. L3Harris distinguishes itself through its comprehensive approach—delivering integrated systems that ensure operational superiority and enhanced decision-making capabilities in the field. Its ability to combine hardware, software, and service components into unified, scalable solutions sets it apart from peers.
Commitment to Excellence and Industry Expertise
Operating at the frontier of aerospace and defense technology, L3Harris exhibits a deep commitment to research, development, and continual improvement. The company’s focus on agile, end-to-end solutions is supported by its use of advanced technologies and a dedicated workforce, resulting in trusted innovations that consistently meet critical mission requirements. This balanced, expertise-driven approach reinforces its reputation as a reliable partner in both defense and commercial sectors.
Technical Innovation and Future-Ready Solutions
Utilizing a robust suite of technologies—from sensor integration to advanced electronic warfare systems—L3Harris is equipped to address current and emerging operational challenges. Their emphasis on real-time data processing and adaptive system management is fundamental in empowering users to operate effectively in high-threat environments. The company continues to integrate cutting-edge advancements, ensuring that its solutions remain at the forefront of technological evolution.
Conclusion
In summary, L3Harris Technologies represents a multifaceted enterprise that excels in delivering critical aerospace, defense, and communications solutions. Its comprehensive approach, strategic industry partnerships, and dedicated focus on advanced technologies ensure that it remains a pivotal force in supporting mission-critical operations across the globe.
L3Harris Technologies (NYSE:LHX) will be represented by Senior Vice President and Chief Financial Officer Michelle Turner at the Morgan Stanley 10th Annual Laguna Conference on September 15, 2022, at 10:00 a.m. ET. The presentation will be streamed live on L3Harris.com with a replay available until September 22.
L3Harris is a global aerospace and defense innovator, generating over $17 billion in annual revenue and employing approximately 47,000 people worldwide.
L3Harris Technologies has been awarded a contract by SOCOM for the Sky Warden™ system, aimed at strengthening irregular warfare capabilities. The contract, with a ceiling of
L3Harris Technologies (NYSE:LHX) announced its Q2 fiscal year 2022 results, emphasizing its role as a leader in aerospace and defense technology. The company achieved over $17 billion in annual revenue, serving customers across more than 100 countries. An earnings call is scheduled for July 29, 2022, at 8:30 a.m. ET, where stakeholders can access further insights. The call will be available via teleconference and webcast, with recordings accessible post-event.
The Board of Directors of L3Harris Technologies (NYSE:LHX) has declared a quarterly cash dividend of $1.12 per share. This dividend is payable on September 16, 2022, to shareholders of record by the close of business on September 2, 2022. As a leading global aerospace and defense technology innovator, L3Harris reported over $17 billion in annual revenue and employs approximately 47,000 individuals worldwide, serving customers across more than 100 countries.
L3Harris Technologies (NYSE:LHX) has elected Christina L. Zamarro to its Board of Directors, expanding the board to 14 members. Zamarro, formerly Vice President of Finance and Treasurer at Goodyear, brings extensive experience in finance, strategy, and risk management. She is known for overseeing significant transactions, including Goodyear’s $2.8 billion acquisition of Cooper Tire. Her expertise in capital markets and strategic planning is expected to bolster L3Harris's efforts in expanding its global market presence as a leader in the defense industry.
The U.S. Navy has awarded L3Harris Technologies (NYSE:LHX) a contract worth up to
L3Harris Technologies (NYSE:LHX) has secured a contract valued at
NASA, in collaboration with ESA and CSA, showcased the first full-color images from the James Webb Space Telescope on July 12. L3Harris Technologies (NYSE:LHX) played a critical role in engineering the telescope's hardware and testing systems to endure space conditions. The Webb telescope, now operational, is the most powerful space telescope to date, promising to enhance our understanding of the universe.
L3Harris has a long-standing partnership with NASA, contributing to various programs, including the upcoming Nancy Grace Roman Space Telescope.
L3Harris Technologies (NYSE:LHX) will release its financial results for Q2 FY2022 on July 28, 2022. An Investor Letter will be available around 4:30 p.m. ET. The next day, July 29, a conference call will be hosted by company leadership at 8:30 a.m. ET to discuss the results. The call will last approximately 45 minutes and will include a Q&A session. Interested parties can access the call via dial-in or webcast. L3Harris, with around $17 billion in annual revenue, operates in the defense and aerospace sectors globally.
L3Harris Technologies (NYSE:LHX) announced the launch of an enhanced infrared instrument on June 30 to improve battlefield information collection from space. This instrument is part of a wide-field-of-view satellite designed to track potential missile launches while providing high-resolution imagery. Positioned 22,000 miles from Earth, it enhances sensitivity and target discrimination at a lower cost. Developed for Space Systems Command, this technology supports future space-based missile defense missions, demonstrating L3Harris's commitment to advanced defense solutions.
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