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The Latest Breaking News from LHX

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…

Benzinga

$100 Invested In L3Harris Technologies 5 Years Ago Would Be Worth This Much Today

L3Harris Technologies (NYSE:LHX) has outperformed the market over the past 5 years by 6.36% on an annualized basis producing an average annual return of 15.17%. Currently, L3Harris Technologies has a market capitalization of $43.88 billion.

Benzinga

Here's How Much $100 Invested In L3Harris Technologies 15 Years Ago Would Be Worth Today

L3Harris Technologies (NYSE:LHX) has outperformed the market over the past 15 years by 3.92% on an annualized basis producing an average annual return of 10.94%. Currently, L3Harris Technologies has a market capitalization of $46.46 billion.

Benzinga

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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)…

Benzinga

Protect Your Portfolio With These 5 Outperforming Aerospace & Defense Stocks

Increased global military spending and Biden's commitment to supporting Ukraine in the fight against Russia should benefit the aerospace & defense industry. Therefore, outperforming aerospace and defense stocks, L3Harris (LHX), Lockheed Martin (LMT), Northrop Grumman (NOC), Elbit Systems (ESLT), and General Dynamics (GD), could be solid investments.

StockNews.com

Analyst Ratings for L3Harris Technologies

Within the last quarter, L3Harris Technologies (NYSE:LHX) has observed the following analyst ratings:

Benzinga

Japan Meteorological Agency Picks L3Harris To Lead Weather Satellite Study

L3Harris Technologies Inc (NYSE:LHX) has secured a contract from the Japan Meteorological Agency (JMA) for an advanced study to enhance the accuracy and timing of Japan's weather forecasting. The financial terms were not disclosed. L3Harris will lead the geostationary hyperspectral infrared (IR) sounder study for the JMA's future enterprise. L3Harris evaluates geostationary sounder…

Benzinga

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L3Harris Bags $117M Space Object-Tracking Modernization Contract

L3Harris Technologies Inc (NYSE:LHX) has secured $117 million for option-year three of a U.S. Space Force and U.S. Space Command contract to maintain and modernize infrastructure to track objects in space. The Maintenance Of Space Situational Awareness Integrated Capabilities (MOSSAIC) program has an estimated contract value of $1.2 billion over 10 years. L3Harris…

Benzinga

L3Harris Partners With Shield Capital To Aid Emerging Defense, Commercial Technologies

L3Harris Technologies Inc (NYSE:LHX) and venture capital firm Shield Capital have established a strategic partnership to accelerate defense, commercial technology solutions. In partnership with Shield, L3Harris will quickly identify, fund, and then guide technology development and solutions that will solve urgent national security needs. The agreement provides L3Harris access to disruptive innovators for…

Benzinga

Eve, Global Crossing Airlines Sign LOI For Up To 200 eVTOL Aircraft

Eve UAM, LLC , an Embraer SA (NYSE:ERJ) company, signed a Letter of Intent with Global Crossing Airlines Group, Inc. (OTC:JETMF) for order of up to 200 of Eve's electric vertical take-off and landing aircraft (eVTOL). This potential sale is included in Eve's current order backlog of up to 1,785 eVTOLs. Delivers are expected to start…

Benzinga

Here's How Much $1000 Invested In L3Harris Technologies 5 Years Ago Would Be Worth Today

L3Harris Technologies (NYSE:LHX) has outperformed the market over the past 5 years by 5.41% on an annualized basis.

Benzinga

Analyst Ratings For L3Harris Technologies

Over the past 3 months, 7 analysts have published their opinion on L3Harris Technologies (NYSE:LHX) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

Analyst Ratings For L3Harris Technologies

Within the last quarter, L3Harris Technologies (NYSE:LHX) has observed the following analyst ratings:

Benzinga

3 Outperforming Aerospace & Defense Stocks as Geopolitical Tensions Rise

Geopolitical tensions have escalated over the past few months over the potential Russian invasion of Ukraine and the long-standing U.S.-China conflict over Taiwan’s independence. The current geopolitical situation should bode well for prominent aerospace and defense names Raytheon Technologies (RTX), Lockheed Martin (LMT), and L3Harris (LHX) because of the potential…

StockNews.com

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Benzinga

Wells Fargo, Susquehanna Cut L3Harris Price Target Following Q4 Results

Wells Fargo analyst Matthew Akers lowered L3Harris Technologies Inc's (NYSE:LHX) price target to $240 (an upside of 15%) from $254 and maintained an Overweight rating on the shares. Akers notes the stock trades at a discount to its defense peers despite his belief that it is a portfolio well-matched to Department of Defense spending priorities…

Benzinga

Lockheed Martin Names Jay Malave As Finance Chief

Lockheed Martin Corp (NYSE:LMT) has appointed Jesus "Jay" Malave as the company's next chief financial officer, effective immediately. John Mollard, who served as acting CFO on an interim basis, will continue as vice president and treasurer. Malave most recently held the positions of senior vice president and CFO for L3Harris Technologies Inc (NYSE:LHX). Before that,…

Benzinga

L3Harris Technologies Stock Slips After Q4 Results, Provides FY22 Outlook

L3Harris Technologies Inc (NYSE:LHX) reported a fourth-quarter FY21 revenue decline of 7% year-over-year to $4.35 billion and decreased 1% on an organic basis. The revenue decline was attributable to divestitures within Aviation Systems and supply chain-related constraints within Communication Systems. Integrated Mission Systems revenue was $1.56 billion (+6% Y/Y) and an operating margin…

Benzinga

L3Harris Secures $750M IDIQ Contract From US Marine Corps

L3Harris Technologies Inc (NYSE:LHX) has secured a competitive 10-year, $750 million single-award IDIQ contract from the U.S. Marine Corps for multi-channel handheld and vehicular radio systems. The L3Harris Falcon IV family of manpack and handheld radios selected by the USMC have been broadly adopted by the U.S. Army, U.S. Special Operations Command, U.S.…

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L3Harris Appoints Michelle Turner As Finance Chief

L3Harris Technologies Inc (NYSE:LHX) has named Michelle Turner as Senior Vice President and Chief Financial Officer, effective immediately. Turner succeeds Jay Malave, who has chosen to pursue career opportunities outside of L3Harris. Turner joins L3Harris from Johnson & Johnson (NYSE:JNJ), where she led finance for the enterprise supply chain function, developing strategies to drive financial…

StockNews.com

Consider Adding These 2 Upgraded Aerospace & Defense Stocks to Your Portfolio

Given the uncertain global geopolitical environment with emerging threats from countries like China and Russia, rising government investment in cutting-edge military capabilities should drive the Aerospace & Defense industry’s growth. So, it could be wise to add Northrop Grumman (NOC) and L3Harris Technologies (LHX) to your portfolio now.

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