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The Latest Breaking News from L3Harris

L3Harris Technologies Stock: Is LHX Underperforming the Industrials Sector?

Despite L3Harris Technologies’ underperformance relative to the industrial sector over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

Barchart

SpaceX’s Starlink could have some advantages over Verizon in bid for FAA contract takeover, experts say. It could also trigger a slew of conflict-of-interest lawsuits from competitors

The FAA is reportedly considering ending a $2.4 billion contract with Verizon to update its communication technology and instead award it to Elon Musk’s SpaceX.

Fortune

Do Wall Street Analysts Like L3Harris Technologies Stock?

L3Harris has lagged the broader market over the past year, but Wall Street analysts remain cautiously optimistic about its growth potential.

Barchart

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What to Expect From L3Harris Technologies' Q4 2024 Earnings Report

As L3Harris Technologies is set to announce its fourth-quarter earnings report this month, analysts project a modest single-digit profit increase.

Barchart

Is L3Harris Technologies Stock Underperforming the Dow?

L3Harris Technologies has continued to underperform the Dow Jones Industrial Average over the past year, yet analysts remain moderately bullish on the stock’s prospects.

Barchart

3 Undervalued Stocks to Buy This December

With 2024 nearing its finale, here are three budget-friendly stocks to consider this month for potential gains.

Barchart

3 Defensive Dividend Stocks for Steady Passive Income

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

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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

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

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

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Roll Call

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.

StockNews.com

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….

Zenger

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

Mario Gabelli says aerospace stocks are poised to take off

Asharq Al-Awsat

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…

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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.

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.

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

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

Benzinga

Sidus Space Picks L3Harris Software For LizzieSat Constellation

Sidus Space, Inc. (NASDAQ:SIDU) has selected L3Harris Technologies (NYSE:LHX) InControl and OnTime software for command and control and mission planning for LizzieSat Constellation. L3Harris will work collaboratively with the Sidus team in the coming weeks to fully implement the two products at the Cape Canaveral facility in preparation for the LizzieSAT-1 International Space Station (ISS)…

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