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.
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:
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.
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.
Palantir stock initially gained then reversed down after the software maker announced an expansion of its contract with the U.S. Special Operations Command.
L3Harris Technologies partnership with Palantir will drive innovation and advancement in the defense industry, boosting revenue and earnings over time.
Cathie Wood is known for taking major positions in speculative opportunities, and three stocks in her portfolio may indicate a new pocket of AI that rarely is spoken about.
