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The Latest Breaking News from L3Harris

3 Defensive Dividend Stocks for Steady Passive Income

These defensive stocks are reliable picks for investors in search of dependable yield.

Barchart

Here's What to Expect from L3Harris Technologies' Next Earnings Report

With L3Harris Technologies gearing up to release its third-quarter earnings later this month, analysts expect a single-digit earnings growth.

Barchart

Are Wall Street Analysts Predicting L3Harris Technologies Stock Will Climb or Sink?

L3Harris Technologies has outperformed the broader market over the past year, and Wall Street analysts are moderately bullish about the stock’s prospects.

Barchart

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Earnings Preview: What to Expect From L3Harris Technologies’ Report

L3Harris Technologies is all set to announce its second-quarter results this month, and Wall Street is anticipating a single-digit increase in the company’s bottom-line figure.

Barchart

Is L3Harris Technologies Stock Underperforming the S&P 500?

L3Harris Technologies underperformed the S&P 500 this year, but Wall Street analysts are moderately optimistic about the stock’s prospects.

Barchart

L3harris Implements Workforce Reduction To Achieve Cost Savings

L3Harris Technologies announces workforce reduction to enhance efficiency and sustainability in response to market dynamics.

Top News

2 Top Defense Stocks That Just Won New Army Contracts

Flaring tensions in the Middle East have put the spotlight on defense stocks, and even the cautious analysts at Morgan Stanley name these two picks as their top choices.

Barchart

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US defence contractor paid commissions to Saudi firm later alleged to be conduit for bribes

Harris had longstanding relationship with ABTSS, later alleged by British prosecutors to have handled or received illegal payments

The Guardian - UK

Lawmakers urge DOD to play larger role in scrutinizing mergers - Roll Call

In a new letter, two Democratic lawmakers want answers from the Pentagon about how it can step up oversight of proposed defense mergers.

Roll Call

Booz Allen Breaks Out, Northrop Falters On Steep Earnings Miss, L3Harris Slips After Strong Textron, General Dynamics Quarters

Booz Allen Hamilton leapt on its outlook Friday. Northrop, L3Harris fall on earnings after strong reports from General Dynamics, Textron.

Investors Business Daily

3 Defense Stocks Signaling 'BUY' in Profitable 2024

With increasing geopolitical instability resulting in an uptick in defense spending and rapid digital transformation, the aerospace and defense industry’s outlook appears promising. Hence, quality defense stocks L3Harris (LHX), BWX Technologies (BWXT), and Kaman (KAMN) could be ideal buys for substantial gains this year. Read on….

StockNews.com

The Israel-Hamas War: Impact On And Outlook For Defense Stocks

A look at the impact on U.S. defense stocks from the wars launched by Russia in Ukraine and Hamas against Israel.

Investors Business Daily

Aerospace Stocks Are Set To Fly High On Multi-Year Tailwinds, Says Mario Gabelli

Mario Gabelli says aerospace stocks are poised to take off

Zenger

US Approves Potential Sale of HIMARS Rockets to Morocco for Estimated $524.2 Mln

The US State Department has approved the potential sale of HIMARS artillery rocket systems and related equipment to Morocco in a deal valued at up to $524 million, the Pentagon said on Tuesday. The State Department has also approved the possible sale of Joint Stand Off Weapons and related equipment…

Asharq Al-Awsat

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Reuters

Pentagon awards L3Harris $40 million anti-drone weapon systems contract

The U.S. Department of Defense awarded L3Harris Technologies Inc a $40 million contract to deliver 14 anti-drone weapon systems to bolster Ukraine's security forces, the defense contractor said on Friday.

Investors Business Daily

L3Harris To Buy Top Rocket-Engine Producer For $4.7 Billion

Defense contractor L3Harris plans to buy missile propulsion system maker Aerojet Rocketdyne for $4.7 billion in an all-cash transaction.

The Street

Stocks Edge Higher, Week Ahead, Twitter, SBF, Aerojet Rocketdyne - Five Things To Know

Stock futures edge higher after brutal five-day selloff; Week Ahead: housing data, Nike, FedEx in focus; Tesla jumps as Musk says he may step down as Twitter CEO; Sam Bankman-Fried reportedly won't fight extradition to the United States and Aerojet Rocketdyne agrees $4.7 billion takeover by L3Harris.

Orlando Sentinel

Magic beat Mavericks despite Paolo Banchero’s absence because of ankle injury

ORLANDO, Fla. — The Orlando Magic had to play without rookie forward Paolo Banchero, their leading scorer, for the first time in Wednesday’s home game vs. the Dallas Mavericks.

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Salon

Fortune 500s reversed on Jan. 6 pledges

Corps proclaimed they were suspending donations — then resumed giving to the very politicians they had sworn off

Investors Business Daily

Defense Sector Reports Q3 Amid Ukraine-Fed Build-Out

Raytheon leads defense quarterly earnings with General Dynamics, Northrop Grumman, L3Harris and Booz Allen Hamilton all reporting this week.

Investors Business Daily

L3Harris Stock Key Rating Bump Shows Rising Relative Strength; Big Money Investors Interested

A Relative Strength Rating upgrade for L3Harris stock shows improving technical performance. Will it continue?

Investors Business Daily

Putin Warns, Defense Stocks Jump; Watchdog Says Nuke Markets Poised To Surge

The market for nuclear weapons is growing as Russia escalates its war with Ukraine and tensions rise between China, Taiwan and the U.S.

The Guardian - US

Key Democrat warns of major security risk if US firm acquires NSO hacking code

Ron Wyden says White House right to raise concerns about possible deal for defence contractor L3Harris to acquire surveillance technology

Benzinga

L3Harris Technologies Eyes Israeli Spyware Firm NSO: Reports

L3Harris Technologies Inc (NYSE:LHX) is planning to acquire Israeli spyware firm NSO Group, Reuters reported, citing U.S. and Israeli media. The deal is expected to be finalized after being approved by Israel, the U.S., and L3Harris’ board of directors. A separate report published by Intelligence Online has shed light on the White House’s…

The Guardian - US

US defence contractor in talks to take over NSO Group’s hacking technology

Deal – which would require approval from US and Israel – would give L3Harris control over controversial Pegasus tool

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