L3Harris Technologies is a leading global aerospace and defense technology company that specializes in providing advanced communication and electronic systems, software, and services to government and commercial customers
The company combines cutting-edge technologies with deep industry expertise to deliver solutions in areas such as satellite communications, tactical communications, public safety, and electronic warfare. L3Harris focuses on innovation and integration, leveraging its extensive portfolio to meet the complex needs of military, intelligence, and civilian applications, enabling enhanced operational capabilities and ensuring safety and security across various sectors.
L3Harris Technologies (NYSELHX) reported fourth quarter 2024 diluted EPS of $2.37 on fourth quarter 2024 revenue of $5.5 billion. Fourth quarter 2024 non-GAAP diluted EPS was $3.47. Fourth quarter results reflect growth in the business and continued operational efficiencies driving margin improvement. Reconciliations of non-GAAP results are detailed in tables beginning on page 13.
Defense contractors L3Harris Technologies and Northrop Grumman are set to report fourth-quarter financial results on Thursday before the opening bell. Here's a look at what investors and analysts are looking for in the reports:
The U.S. Army has awarded L3Harris Technologies (NYSELHX) full-rate Manpack and Leader radio production orders under the Handheld, Manpack & Small Form Fit (HMS) program totaling nearly $300 million.
L3Harris Technologies (NYSELHX) has received a $263 million order from the U.S. Army for continued production of the Enhanced Night Vision Goggle – Binocular (ENVG-B). This is the second order under the full-scale production Indefinite Delivery, Indefinite Quantity program, following a similar award earlier this year.
L3Harris Technologies (NYSELHX) today announced Ken Bedingfield, 52, has been appointed President, Aerojet Rocketdyne, effective Feb. 3, 2025, in addition to his responsibilities as L3Harris’ Chief Financial Officer. He succeeds Ross Niebergall, who will remain with the company to support a seamless transition before retiring.
Trump plans to increase the defense budget by $50 billion, prioritizing areas like missile defense systems, autonomous drones, and cybersecurity. 5 companies to benefit are Huntington Ingalls, L3Harris, Lockheed Martin, General Dynamics, and Northrop Grumman.
L3Harris Technologies (NYSELHX) Co-founder, Chair and CEO Christopher E. Kubasik penned an open letter today to the leaders of the Department of Government Efficiency (DOGE) with recommendations to modernize America’s national defense ecosystem.
L3Harris Technologies (NYSELHX) has completed the sale of its specialized materials business, Aerojet Ordnance Tennessee, Inc. (A.O.T.), to BWX Technologies, Inc. NYSE: BWXTNYSEBWXT)
Wall Street awaits developments in Washington, D.C. after failed attempt to avoid shutdown. Some stocks affected: defense, healthcare, aerospace, consumer/retail, financial. Holiday travel may be impacted.
