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L3Harris Technologies Inc - LHX STOCK NEWS

Welcome to our dedicated page for L3Harris Technologies news (Ticker: LHX), a resource for investors and traders seeking the latest updates and insights on L3Harris Technologies stock.

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.

Rhea-AI Summary

L3Harris Technologies (NYSE:LHX) has announced the election of Joanna L. Geraghty to its Board of Directors, expanding the board to 14 members. Geraghty is currently the President and COO of JetBlue Airways, bringing extensive experience in operations and technology. Her leadership has been pivotal in JetBlue's growth into an international airline. L3Harris aims to leverage her expertise to enhance its international market presence and address critical customer missions, as the company positions itself to meet the growing demand for innovative aerospace and defense solutions.

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L3Harris Technologies (NYSE:LHX) announced its first quarter fiscal year 2022 results in an investor letter. The company reported annual revenues exceeding $17 billion and employed 47,000 personnel worldwide, serving customers across over 100 countries. A teleconference is scheduled for April 29, 2022, at 8:30 a.m. ET to discuss the results, with recordings available post-call.

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L3Harris Technologies (NYSE:LHX) plans to release its first-quarter fiscal year 2022 financial results on April 28, 2022 at 4:30 p.m. ET. The company will issue an Investor Letter, consolidating prepared remarks, earnings release, and webcast slides. A conference call hosted by company leadership is scheduled for the following morning, April 29, 2022, at 8:30 a.m. ET. The call will last approximately 45 minutes, allowing for a Q&A session.

L3Harris is a global aerospace and defense technology innovator with approximately $17 billion in annual revenue and 47,000 employees.

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The Board of Directors of L3Harris Technologies (NYSE:LHX) has announced a quarterly cash dividend of $1.12 per share, payable on June 17, 2022, to shareholders on record as of the close of business on June 3, 2022. L3Harris is a leading aerospace and defense technology innovator, generating over $17 billion in annual revenue and employing around 47,000 people worldwide, serving customers in more than 100 countries.

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L3Harris Technologies (NYSE:LHX) has secured a 4-year, $482 million USD contract extension to provide in-service support for the Royal Canadian Air Force’s CF-18 Hornet fleet until its projected retirement in 2032. This partnership, which celebrates 35 years of collaboration, underscores L3Harris as Canada’s exclusive fighter aircraft center of excellence. The contract will involve various services at multiple locations, emphasizing flexibility and economic benefits as part of Canada’s Sustainment Initiative.

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L3Harris Technologies (NYSE:LHX) has secured a contract with the Japan Meteorological Agency to lead a six-month geostationary hyperspectral infrared sounder study aimed at enhancing Japan's weather forecasting accuracy. This study will evaluate advanced sounder instrument concepts and develop algorithms for real-time data processing. The technology seeks to improve severe weather tracking, such as typhoons and tsunamis, potentially saving lives and property. L3Harris continues to be a key provider of weather sensors globally, with significant experience in advanced meteorological solutions.

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L3Harris Technologies (NYSE:LHX) will host a conference call on April 29, 2022, at 8:30 a.m. ET to discuss its first quarter 2022 financial results. U.S. participants can join via 877-407-6184 and international participants via 201-389-0877. The call will be available via webcast on L3Harris.com, with a recording accessible by 12 p.m. ET on the same day. L3Harris is a global leader in aerospace and defense technology with over $17 billion in annual revenue and a presence in over 100 countries.

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L3Harris Technologies (NYSE:LHX) has secured a $117 million contract extension for the MOSSAIC program, enhancing space situational awareness for the U.S. Space Force. This contract, awarded in February 2020, aims to maintain and modernize systems that track space objects, with a total estimated value of $1.2 billion over ten years. Key efforts will improve the tracking of satellite threats, ensuring the U.S. is better prepared in space operations.

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L3Harris Technologies has launched the Agile Development Group (ADG) to enhance national security solutions. With a team of 2,500 engineers and professionals, ADG will focus on advanced sensors, weapons, and unmanned systems. This initiative aims to deliver innovative capabilities rapidly and reduce development costs, aligning with the recent nearly 10% increase in DoD R&D funds. The ADG will also leverage partnerships to integrate commercial and defense technologies, ensuring rapid response to emerging threats.

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L3Harris Technologies (NYSE:LHX) has formed a strategic partnership with Shield Capital to advance emerging defense and commercial technologies. This collaboration aims to meet growing customer demands for agile solutions capable of rapid deployment, especially in the national security domain. Key objectives include enhancing innovation through timely funding for disruptive technologies and expanding the integration of high-demand tech solutions. With over $17 billion in annual revenue, L3Harris emphasizes its role as a trusted disruptor in delivering critical solutions for evolving global threats.

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FAQ

What is the current stock price of L3Harris Technologies (LHX)?

The current stock price of L3Harris Technologies (LHX) is $220.1 as of March 7, 2025.

What is the market cap of L3Harris Technologies (LHX)?

The market cap of L3Harris Technologies (LHX) is approximately 40.3B.

What is the core business of L3Harris Technologies?

L3Harris Technologies specializes in developing advanced aerospace and defense technology solutions. Its core business includes delivering integrated C4ISR, sensor systems, and communication solutions for both government and commercial customers.

Which markets does L3Harris serve?

The company serves a wide range of markets, including military and defense, commercial aviation, space, and communication sectors, addressing mission-critical needs across multiple domains.

What are C4ISR solutions?

C4ISR stands for command, control, communications, computers, intelligence, surveillance, and reconnaissance. L3Harris develops integrated systems that enhance real-time decision making and secure data management in high-stakes environments.

How does L3Harris maintain its technological edge?

The company invests heavily in research and development, collaborates with strategic partners, and integrates leading-edge technologies into its systems. This approach ensures that it remains adaptive and responsive to modern operational challenges.

What role do strategic partnerships play for L3Harris?

Strategic partnerships allow L3Harris to enhance its product offerings, integrate complementary technologies, and expand its market reach. These collaborations are essential for delivering comprehensive solutions that meet complex defense and commercial requirements.

How does L3Harris differentiate itself from competitors?

L3Harris differentiates itself through its integrated approach, combining hardware and software solutions into unified systems. Its focus on interoperability and mission-critical performance sets it apart in the competitive aerospace and defense industry.

What kind of technological innovations is L3Harris known for?

The company is known for its innovations in advanced sensor systems, unmanned aerial vehicles, and electronic warfare solutions. Its contributions to integrated communications and command and control systems further underscore its technological leadership.

Can you explain the importance of electronic warfare capabilities?

Electronic warfare capabilities are crucial in modern defense, enabling forces to detect, disrupt, and counteract threat signals. L3Harris leverages sophisticated technology to provide real-time analysis and adaptive countermeasures, enhancing situational awareness and operational effectiveness.
L3Harris Technologies Inc

NYSE:LHX

LHX Rankings

LHX Stock Data

40.26B
185.74M
0.32%
85.97%
1.02%
Aerospace & Defense
Search, Detection, Navagation, Guidance, Aeronautical Sys
Link
United States
MELBOURNE