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.
L3Harris Technologies (NYSE:LHX) has entered into definitive agreements to divest its Military Training and Combat Propulsion Systems businesses for a total of $1.45 billion. CAE will acquire the Military Training business for $1.05 billion, generating approximately $500 million in annual revenue, while RENK AG will purchase the Combat Propulsion Systems for about $400 million, with annual revenue of around $230 million. The divestiture aligns with L3Harris's strategy to focus on core technologies and is expected to enhance shareholder value through anticipated share repurchases.
The Board of Directors of L3Harris Technologies (NYSE:LHX) has announced a quarterly cash dividend of $1.02 per share. This dividend will be payable on March 26, 2021, to shareholders on record as of March 12, 2021. L3Harris, a leading global aerospace and defense technology innovator, reported approximately $18 billion in annual revenue and employs around 48,000 people globally, serving customers in over 100 countries.
L3Harris Technologies (NYSE:LHX) has secured an $89 million contract for option-year two of the U.S. Space Force and U.S. Space Command's Maintenance Of Space Situational Awareness Integrated Capabilities (MOSSAIC) program. This initiative aims to enhance infrastructure for tracking objects in space, contributing to a total estimated contract value of $1.2 billion over ten years. The program is essential for providing timely and accurate space domain awareness data critical for military operations.
L3Harris Technologies (NYSE:LHX) has secured contracts worth $137 million for four navigation payload Mission Data Units (MDU) to be used in future GPS III Follow-on (GPS IIIF) satellites. The MDUs will enhance GPS capabilities and are part of an ongoing collaboration with Lockheed Martin, the prime contractor for GPS III/IIIF. The first GPS IIIF satellite is expected to launch in 2026, building on the capabilities of previous GPS III satellites. L3Harris continues to be a key provider of navigation technology for all U.S. GPS satellites.
L3Harris Technologies (NYSE: LHX) unveiled the RF-7850D radio at the IDEX 2021 in Abu Dhabi, recognizing it as the smallest multi-channel, multi-mission radio. This innovative device offers users the option of two 30-512 MHz channels or an additional channel for coverage up to 2500 MHz. It leverages TDMA Networking Waveform for simultaneous voice and data services, and ensures interoperability with legacy systems. The RF-7850D is designed for tactical applications, enhancing battlefield communication across different operational tiers.
L3Harris Technologies (NYSE: LHX) will conduct a virtual Investor Briefing on March 10, 2021, from 10 a.m. to 12:30 p.m. ET. The briefing, featuring Chairman & CEO William M. Brown and Vice Chairman Christopher E. Kubasik, will delve into the company's strategy and outlook, particularly for the Integrated Mission Systems and Space & Airborne Systems segments. Attendees can access the live webcast and Q&A at L3Harris.com, with a replay available afterward.
L3Harris Technologies (NYSE:LHX) will be represented by Chairman and CEO William M. Brown and Senior VP and CFO Jay Malave at the Barclays Industrial Select Conference on February 17, 2021. The virtual event begins at 8:50 a.m. ET and will feature a listen-only stream available on L3Harris.com. This session will be archived for replay for seven days post-event. L3Harris is a leading global aerospace and defense company with approximately $18 billion in annual revenue and 48,000 employees worldwide.
L3Harris Technologies (NYSE:LHX) has secured a contract with Fincantieri Marinette Marine for integrating and producing major subsystems on the U.S. Navy’s guided-missile frigate FFG 62. The potential contract value could exceed $300 million as the Navy plans to build at least 10 ships. L3Harris will deliver integrated systems including electric and propulsion systems, bridge and navigation systems, and aviation integration services. This project highlights L3Harris's commitment to advancing U.S. Navy capabilities and maritime security.
