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.
L3Harris Technologies, Inc. (NYSE: LHX) generates a steady flow of news tied to its role as a defense technology company focused on space, communications and missile solutions. This page aggregates coverage of L3Harris announcements, contracts and strategic actions so readers can follow how the company’s activities evolve across the space, air, land, sea and cyber domains.
Recent news highlights L3Harris’ reorganization into three business segments: Space & Mission Systems, Communications & Spectrum Dominance and Missile Solutions. Articles also cover major developments in missile propulsion, such as investments in solid rocket motor capacity and follow-on production contracts for Guided Multiple Launch Rocket System propulsion units, as well as plans to create an independently traded Missile Solutions company supported by a proposed convertible preferred investment from the Department of War.
Space-related news includes contracts from the Space Development Agency for infrared tracking satellites that support missile warning and defense architectures, along with portfolio moves such as the sale of a controlling interest in the Space Propulsion and Power Systems business to AE Industrial Partners while retaining a minority stake. Coverage of communications and electronic warfare activities features demonstrations of interoperable, software-defined networks that connect multiple U.S. government agencies and domains.
Readers can use this news feed to track LHX earnings announcements, segment realignments, facility investments, partnerships with organizations such as EDGE Group in the UAE, and other disclosures that illustrate how L3Harris positions its technology within the defense industrial base. For investors, analysts and industry observers, the page offers a single view of the company’s most recent public updates and contract awards.
L3Harris Technologies (NYSE: LHX) played a crucial role in the successful launch of Artemis I, NASA's mission to return astronauts to the moon after 50 years. The company supplied advanced avionics that ensured smooth launch command and control during the first eight minutes of flight. This achievement reflects L3Harris's 60-year tradition of supporting NASA's space exploration efforts. With over $17 billion in annual revenue, L3Harris continues to innovate in aerospace and defense technology, having already completed hardware for the upcoming Artemis II mission slated for May 2024.
L3Harris Technologies (NYSE:LHX) has successfully launched its Cross-Track Infrared Sounder (CrIS) aboard NOAA's Joint Polar Satellite System-2 (JPSS-2). This advanced sensor increases NOAA's ability to forecast severe weather, offering 100 times more infrared channels than its predecessor, which enhances the accuracy of weather models. The CrIS instrument is pivotal in improving hurricane and tornado detection, aiding in better predictions up to seven days in advance. This technology supports NOAA in creating a more weather-ready nation.
L3Harris Technologies (NYSE:LHX) has successfully delivered its 10,000th Enhanced Night Vision Goggle-Binocular (ENVG-B) to the U.S. Army, marking a significant milestone in its four-year ENVG-B program. The latest delivery included nearly 600 units to the Security Force Assistance Brigade, making it the ninth brigade to utilize this technology. The ENVG-B enhances soldiers' situational awareness and mobility, utilizing advanced fusion technology for improved decision-making during low-light operations.
Garmin International announced that L3Harris Technologies selected its G3000™ integrated flight deck for a contract under the U.S. Special Operations Command's Armed Overwatch program. This marks a significant collaboration, integrating advanced avionics in the Sky Warden combat aircraft. The G3000 offers modern aviation capabilities, enhancing communication, navigation, and surveillance systems, all while supporting lower life-cycle costs. The contract includes delivery of up to 75 aircraft, highlighting Garmin's commitment to military aviation solutions.
L3Harris Technologies (NYSE:LHX) released its third quarter fiscal year 2022 update via an investor letter on its website. CEO Chris Kubasik and CFO Michelle Turner will host a teleconference on October 28, 2022, at 8:30 a.m. EDT to address questions from investors. U.S. participants can call 877-407-6184, while international callers can reach 201-389-0877. A recording of the call will be available at noon EDT on the same day. L3Harris, a global aerospace and defense innovator, generates over $17 billion in annual revenue and operates across various domains, serving customers in over 100 countries.
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The Board of Directors of L3Harris Technologies (NYSE:LHX) has declared a quarterly cash dividend of $1.12 per share, payable on December 2, 2022, to shareholders of record by November 18, 2022. Additionally, the Board approved a $3.0 billion share repurchase authorization, raising the total to approximately $4.5 billion. This move reflects the company's commitment to returning value to shareholders while maintaining strong liquidity.
L3Harris Technologies (NYSE:LHX) announced a strategic investment in Seasats, a company specializing in low-cost, solar-powered maritime autonomous surface vehicles (ASV). This partnership aims to enhance the development and production of Seasats' X3 micro-ASV, which features stealth performance and long endurance. The collaboration is expected to significantly improve maritime operational capabilities for both military and commercial clients, while cutting production time by up to 75%. This move responds to urgent U.S. Navy needs for innovative solutions in global maritime security.
L3Harris Technologies (NYSE:LHX) announced its new Iridium Distributed Tactical Communications Systems (DTCS) mission module at the AUSA Annual Meeting, enhancing tactical communication for warfighters. This module integrates global push-to-talk voice and data capabilities into the existing AN/PRC-163 handheld tactical radio, operating on the U.S. Space Force’s DTCS network. It enables seamless communication even when connection methods are limited, supporting better mission planning and execution.
L3Harris Technologies (NYSE:LHX) received two production orders totaling
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