Articles from L3Harris Technologies
US Navy Awards L3Harris Nearly $1 Billion IDIQ Contract
L3Harris Technologies (NYSE: LHX) has received an indefinite delivery, indefinite quantity award from the U.S. Navy, worth up to $999 million, to provide U.S. and coalition forces with resilient communications technology.
By L3Harris Technologies · Via Business Wire · November 25, 2024
L3Harris Electronic Warfare System Completes Safety of Flight Testing
L3Harris Technologies (NYSE: LHX) has completed Safety of Flight (SOF) qualification on its Viper Shield™ all-digital electronic warfare (EW) suite for F-16 fighter jets. The company will provide the advanced capability to F-16 fleets for six international partners.
By L3Harris Technologies · Via Business Wire · November 7, 2024
L3Harris to Present at Upcoming Investor Conferences
L3Harris Technologies (NYSE:LHX) Chair and CEO Christopher E. Kubasik and Chief Financial Officer Ken Bedingfield will present at Baird’s Global Industrial Conference at 10:50 a.m. ET on Tuesday, Nov. 12, in Chicago. The presentation will stream live on the L3Harris website with a recording available following the event.
By L3Harris Technologies · Via Business Wire · November 1, 2024
L3Harris Technologies Reports Strong Third Quarter 2024 Results, Increases 2024 Guidance
L3Harris Technologies (NYSE: LHX) reported third quarter 2024 diluted EPS of $2.10, an increase of 4% from third quarter 2023, on third quarter 2024 revenue of $5.3 billion, an increase of 8%. Third quarter 2024 non-GAAP diluted EPS was $3.34, a 5% increase from third quarter 2023. A reconciliation of non-GAAP results are detailed in tables beginning on page 11.
By L3Harris Technologies · Via Business Wire · October 24, 2024
L3Harris and Palantir Announce Strategic Partnership
L3Harris Technologies (NYSE: LHX) and Palantir Technologies Inc. (NYSE: PLTR) today announced a strategic partnership to propel advanced technology development and accelerate L3Harris’ digital transformation.
By L3Harris Technologies · Via Business Wire · October 23, 2024
L3Harris Announces Quarterly Dividend
The Board of Directors of L3Harris Technologies (NYSE:LHX) has declared a quarterly cash dividend of $1.16 per common share, payable Dec. 6, 2024, to shareholders of record as of the close of business Nov. 18, 2024.
By L3Harris Technologies · Via Business Wire · October 16, 2024
L3Harris Appoints Trane Technologies Chair and CEO Dave Regnery to Board of Directors
L3Harris Technologies (NYSE: LHX) today announced that David S. Regnery, Chair and Chief Executive Officer of Trane Technologies plc, has been appointed to its Board of Directors.
By L3Harris Technologies · Via Business Wire · October 15, 2024
L3Harris Introduces New Autonomous Ground Vehicle
L3Harris Technologies (NYSE:LHX) debuted its new autonomous reconnaissance and security vehicle system, Diamondback™, at the Association of the United States Army’s annual meeting this week.
By L3Harris Technologies · Via Business Wire · October 15, 2024
L3Harris Sets Date for Third Quarter 2024 Earnings Release
L3Harris Technologies (NYSE:LHX) will release its third quarter 2024 financial results on Thursday, Oct. 24, 2024, after market close.
By L3Harris Technologies · Via Business Wire · October 1, 2024
L3Harris Completes Spectrum Dominance Milestone
L3Harris Technologies (NYSE:LHX) has met a key spectrum dominance milestone by initiating production of its Viper Shield™ all-digital electronic warfare (EW) suite for F-16 fighter jets. The company will be providing the advanced capability to F-16 fleets in six countries.
By L3Harris Technologies · Via Business Wire · September 17, 2024
US Navy Awards L3Harris $587 Million Contract for Next Generation Jammer – Low Band Program
L3Harris Technologies (NYSE:LHX) has received a five-year contract, worth up to $587.4 million, to deliver custom tactical jamming pods designed to modernize the U.S. Navy’s Aerial Electronic Attack capability.
By L3Harris Technologies · Via Business Wire · September 12, 2024
L3Harris to Present at Upcoming Investor Conferences
L3Harris Technologies (NYSE:LHX) Chair and CEO Christopher E. Kubasik and Chief Financial Officer Ken Bedingfield will present at the Jefferies 2024 Industrials Conference at 8:40 a.m. ET on Thursday, Sept. 5, in New York City. The presentation will stream live on the L3Harris website with a recording available following the event.
By L3Harris Technologies · Via Business Wire · August 19, 2024
L3Harris Announces 2030 Sustainability Goals
L3Harris Technologies (NYSE: LHX) has announced new sustainability goals that further demonstrate its commitment to environmental stewardship. By 2030, L3Harris plans to reduce greenhouse gas emissions by 60%, water use by 20%, and solid waste by 10%. In addition, L3Harris is committing to sourcing 40% of its total electricity from renewable sources.
By L3Harris Technologies · Via Business Wire · August 8, 2024
L3Harris Highlights Performance Progress One Year After Acquiring Aerojet Rocketdyne
L3Harris Technologies (NYSE:LHX) has marked the one-year anniversary of its acquisition of power and propulsion provider Aerojet Rocketdyne with significant performance progress.
By L3Harris Technologies · Via Business Wire · July 29, 2024
L3Harris Technologies Reports Strong Second Quarter 2024 Results, Increases 2024 Guidance
L3Harris Technologies (NYSE: LHX) reported second quarter 2024 diluted EPS of $1.92, on second quarter revenue of $5.3 billion. Second quarter 2024 non-GAAP diluted EPS1 was $3.24, as compared to non-GAAP diluted EPS1 of $2.97 for the second quarter of 2023, a 9% increase. A reconciliation of non-GAAP results are detailed in tables beginning on page 11.
By L3Harris Technologies · Via Business Wire · July 25, 2024
L3Harris Announces Quarterly Dividend
The Board of Directors of L3Harris Technologies (NYSE:LHX) has declared a quarterly cash dividend of $1.16 per common share, payable Sept. 20, 2024, to shareholders of record as of the close of business on Sept. 6, 2024.
By L3Harris Technologies · Via Business Wire · July 18, 2024
L3Harris Sets Date for Second Quarter 2024 Earnings Release
L3Harris Technologies (NYSE:LHX) will release its second quarter 2024 financial results on Thursday, July 25, 2024, after market close.
By L3Harris Technologies · Via Business Wire · July 1, 2024
L3Harris and Accenture Collaborate to Accelerate Technology Reinvention for Growth
L3Harris Technologies (NYSE:LHX) announced a strategic collaboration with Accenture (NYSE:ACN) to accelerate its technology reinvention. The initiative, part of L3Harris’ LHX NeXt transformation, is centered around building a strong digital core and establishing new ways of working that will help optimize operations and enable future growth.
By L3Harris Technologies · Via Business Wire · June 17, 2024
Aerojet Rocketdyne Delivers 1,000th THAAD Solid Rocket Boost Motor and Divert and Attitude Control System Ahead of Schedule
Aerojet Rocketdyne, an L3Harris Technologies (NYSE:LHX) company, recently completed its 1,000th delivery of both the solid rocket boost motor and Liquid Divert and Attitude Control System (LDACS) for the Missile Defense Agency’s (MDA) Terminal High Altitude Area Defense (THAAD) system. The ahead-of-schedule delivery to Lockheed Martin demonstrates Aerojet Rocketdyne’s long-standing ability to provide trusted propulsion and precision systems for one of the nation’s primary defensive weapons against short, medium and intermediate-range missiles.
By L3Harris Technologies · Via Business Wire · June 13, 2024
L3Harris Completes Sale of Non-Core Assets to an Affiliate of Kanders & Company, Inc. for $200 Million
L3Harris Technologies (NYSE:LHX) has completed its sale of the company’s antenna and related businesses to an affiliate of Kanders & Company, Inc. for $200 million.
By L3Harris Technologies · Via Business Wire · June 3, 2024
L3Harris CEO to Present at Bernstein Annual Strategic Decisions Conference
L3Harris Technologies (NYSE:LHX) Chair and CEO Christopher E. Kubasik will present at the Bernstein Annual Strategic Decisions Conference at 10 a.m. ET on Thursday, May 30, 2024.
By L3Harris Technologies · Via Business Wire · May 15, 2024
Aerojet Rocketdyne to be Propulsion Provider for the Next Generation Interceptor
Aerojet Rocketdyne, an L3Harris Technologies (NYSE: LHX) company, will be the propulsion provider for the Missile Defense Agency's (MDA) Next Generation Interceptor (NGI) as part of the Lockheed Martin team. On April 15, MDA announced it selected Lockheed Martin for NGI, the nation's first line of defense against long-range ballistic missile threats from rogue nations.
By L3Harris Technologies · Via Business Wire · May 14, 2024
L3Harris Technologies Reports Strong First Quarter 2024 Results, Increases 2024 Profitability Guidance
L3Harris Technologies, Inc. (NYSE: LHX) reported first quarter 2024 net income attributable to L3Harris of $283 million, or diluted earnings per share (EPS) of $1.48, on first quarter revenue of $5.2 billion. First quarter 2024 non-GAAP1 net income attributable to L3Harris was $584 million, or non-GAAP1 diluted EPS of $3.06. A reconciliation of non-GAAP results are detailed in tables beginning on page 10.
By L3Harris Technologies · Via Business Wire · April 25, 2024
U.S. Army Awards L3Harris ENVG-B Production Order
L3Harris Technologies (NYSE:LHX) received a $256 million order from the U.S. Army for continued production of the Enhanced Night Vision Goggle – Binocular (ENVG-B). This is the first order for the ENVG-B’s Program of Record full-scale production IDIQ, which will total nearly $1 billion over 10 years.
By L3Harris Technologies · Via Business Wire · April 15, 2024
L3Harris Announces Definitive Agreement to Sell Non-Core Assets to an Affiliate of Kanders & Company, Inc. for $200 Million
L3Harris Technologies (NYSE:LHX) has signed a definitive agreement under which an affiliate of Kanders & Company, Inc. will acquire its antenna and related businesses for $200 million. The transaction is expected to close this quarter and is subject to customary closing conditions and regulatory approvals.
By L3Harris Technologies · Via Business Wire · April 5, 2024