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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.

L3Harris Technologies (LHX) delivers mission-critical solutions for defense and aerospace operations worldwide. This news hub provides investors and industry professionals with authoritative updates on strategic developments, technological advancements, and market positioning.

Track official press releases covering quarterly earnings, government contracts, and product innovations in C4ISR systems and sensor technologies. Our curated news collection simplifies monitoring of LHX's progress in electronic warfare capabilities, space domain awareness, and integrated communications solutions.

Discover updates on key defense programs, partnership announcements, and regulatory filings that shape L3Harris' position in national security infrastructure. Content spans operational achievements across air, land, sea, space, and cyber domains—critical for understanding the company's multi-domain integration strategy.

Bookmark this page for streamlined access to verified LHX developments. Check regularly for updates on technology deployments, R&D milestones, and strategic initiatives that demonstrate the company's commitment to advancing global security solutions.

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L3Harris Technologies (NYSE:LHX) successfully completed the final design review for the Space Development Agency's missile-tracking program, continuing development on four satellites under a $193 million contract. The company's rapid development pace aims to address emerging threats effectively. Investments in end-to-end satellite solutions are emphasized, alongside efforts to develop a prototype for the Missile Defense Agency's Hypersonic and Ballistic Tracking Space Sensor. The contract runs through 2025, showcasing L3Harris' commitment to advanced aerospace and defense technologies.

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L3Harris Technologies (NYSE:LHX) has finalized the sale of its ESSCO business to Communications & Power Industries (CPI). ESSCO was part of L3Harris' Aviation Systems segment, specializing in radomes for military and commercial applications. CPI is known for manufacturing electronic components focused on defense and communications. This divestiture aligns with L3Harris' strategy to streamline operations and enhance its offerings across aerospace and defense technologies, which generate approximately $18 billion in revenue.

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The Canadian Armed Forces has placed an order for over 1,000 units of L3Harris Technologies' new Compact Team Radio (RF-9820S). This acquisition aims to enhance communications from tactical levels to command centers. The radio is lightweight, easy to use, and can operate for over 20 hours on a single battery. It integrates seamlessly with other L3Harris communication systems and supports various operational waveforms. This order reinforces L3Harris' position in the tactical communications market and expands Canada's inventory of reliable tactical radios.

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L3Harris Technologies (NYSE:LHX) has secured a $125 million contract to enhance electronic warfare systems for the U.S. Space Force. This project updates 16 units of the Counter-Communications System Block 10.2, operational at various military bases. The initiative follows a 2019 development contract and aims to disable adversaries' satellite communications, ensuring U.S. military superiority in space operations. The CCS Block 10.2, the only ground-based space control platform, is crucial for protecting U.S. warfighters and countering threats in the electromagnetic spectrum.

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L3Harris Technologies has partnered with Lightsource bp to launch a large-scale solar farm in Texas, which will help reduce carbon emissions by approximately 110,000 metric tons annually. The project, which created about 250 construction jobs, featured an apprenticeship program focused on training veterans for careers in solar construction. The solar power agreement covers 100 megawatts of capacity, aiding L3Harris in its goal to cut greenhouse gas emissions by 30% by 2026.

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L3Harris Technologies (NYSE:LHX) announced that Jay Malave, Senior Vice President and CFO, will present at Baird’s 2021 Global Industrial Conference on November 10, 2021, at 9:40 a.m. ET. The presentation will be streamed live in a listen-only format on L3Harris.com, with a replay available for seven days post-event.

L3Harris is a global aerospace and defense technology innovator, generating approximately $18 billion in annual revenue and employing 47,000 people to serve customers in over 100 countries.

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L3Harris Technologies (NYSE: LHX) reported third-quarter 2021 results with revenues of $4.2 billion, down 5% year-over-year, attributed to supply chain disruptions. Despite the revenue decline, net income increased 11% to $479 million, bolstering GAAP EPS to $2.39, a 20% rise. The company generated $484 million in operating cash flow and returned $1.5 billion to shareholders. Guidance for 2021 was adjusted, forecasting revenue around $17.9 billion, down from prior estimates due to ongoing global impacts and divestitures.

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The Board of Directors of L3Harris Technologies (NYSE:LHX) has declared a quarterly cash dividend of $1.02 per share, payable on December 3, 2021, to shareholders of record as of the close of business on November 19, 2021. L3Harris is a leading global aerospace and defense technology innovator with approximately $18 billion in annual revenue and 48,000 employees. The company provides advanced technologies across various domains, including air, land, sea, space, and cyber, serving customers in over 100 countries.

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L3Harris Technologies has appointed Daniel Zoot as the new Corporate Vice President for Japan, marking the establishment of the company's first corporate office in Tokyo. Zoot, with nearly 30 years in the aerospace and defense sector, aims to enhance L3Harris' capabilities in supporting technology and national security challenges. The firm has a strong presence in Japan's defense market, investing in domains such as space, cyberspace, and traditional military sectors. This move underscores L3Harris' commitment to its U.S. allies and the expansion of its global focus.

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L3Harris Technologies Inc

NYSE:LHX

LHX Rankings

LHX Stock Data

40.96B
187.02M
0.34%
88.64%
1.66%
Aerospace & Defense
Search, Detection, Navagation, Guidance, Aeronautical Sys
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United States
MELBOURNE