LHX Stock Recent News

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) will release its first quarter 2025 financial results before the market opens on Thursday, April 24, 2025. The company will then host an earnings call on Thursday, April 24, 2025, at 10:30 a.m. ET. Participants are encouraged to listen via webcast at L3Harris.com. A recording of the call will be available on L3Harris.com beginning at approximately 12 p.m. ET on April 24, 2025. About L3Harris Technologies L3Harris Technologies i.

ROCHESTER, N.Y.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has signed a long-term agreement with the Dutch Ministry of Defence for delivery of advanced Falcon® IV radios for the FOXTROT program. The agreement is valued up to 1 billion euros. “Our battle-proven communication systems will improve secure military communications by facilitating interoperability with other European and NATO forces to address current and future threats,” said Sam Mehta, President, Communication Systems, L3Ha.

ST. PETERSBURG, Fla., March 31, 2025 (GLOBE NEWSWIRE) -- Today, L3Harris Commercial Aviation Solutions (CAS) will be known as Acron Aviation to reflect its new brand following the acquisition of the business by TJC LP. The new name is adapted from the Greek word ά kron which means peak, or highest point and aptly symbolizes the ambition and mission the company has for the future.

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has completed the previously announced sale of its Commercial Aviation Solutions (CAS) business to an affiliate of TJC L.P. for $800 million. The entire $800 million cash purchase price was paid to L3Harris at the closing of the transaction. CAS specializes in commercial flight training, flight data analytics, commercial avionics and other capabilities. The business was formerly part of L3Harris' Integrated Missions Systems seg.

NEW YORK--(BUSINESS WIRE)--TJC, L.P. (“TJC”), announced today that an affiliate of The Resolute Fund VI, L.P. (“Resolute VI”) has closed the acquisition of L3Harris Technologies (NYSE:LHX) Commercial Aviation Solutions business (“CAS,” or the “Company”) for $800 million. CAS has two operating business units; the Avionics unit designs and manufactures mission critical, IP-driven avionics products, and the Commercial Training Solutions (“CTS”) unit provides an integrated suite of aircraft trainin.

ABB will develop a high-resolution infrared interferometer system to power L3Harris' next-generation atmospheric sounder The interferometric system onboard the Japan Meteorological Agency's Himawari-10 satellite built by Mitsubishi Electric will map in 3D the temperature and humidity over the Asia-Pacific region With ABB's interferometer technology, the information gained with the new sounder is expected to be more than 100 times richer than what is available today ZURICH, March 27, 2025 (GLOBE NEWSWIRE) -- ABB has been awarded a contract by L3Harris Technologies (NYSE: LHX), a leading US defense company, to develop and build a high-resolution infrared interferometer system to power the next generation of L3Harris hyperspectral infrared (IR) sounder. The system onboard the Himawari-10 satellite built by Mitsubishi Electric in Japan, will map in 3D the earth's atmosphere over the Asia-Pacific region for 10 years.

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has debuted an advanced large solid rocket motor to power the company's air-launched, Medium Range Ballistic Missile (MRBM) target vehicle. The new L3Harris solid rocket motor, named eSR-19, was part of a recent Missile Defense Agency (MDA) test that powered the target's first and second stages. The test, designated as Flight Test Other-40 or Stellar Banshee, demonstrated detection and tracking of an advanced hypersonic target.

L3Harris Technologies experienced substantial growth in 2024, with revenue rising from $19.4B in 2023 to $21.3B and EPS increasing from $6.44 to $7.87. All segments showed strong performance, with products revenue climbing from $13.7B to $15.1B and services revenue from $5.7B to $6.2B. The company's technological depth, strong financials, and favorable valuation contribute to its robust economic moat and positive future outlook.

After almost 15 years of a low-interest rate environment, which changed drastically after inflation spiraled to 9.1% in 2022, the Federal Reserve was forced to raise rates to 5.25% before dropping them back to the 4.25% level last year.

L3Harris Technologies gets prior buy rating reaffirmed, after price dip below moving average. The firm has a proven model of profitability growth, free cashflow generation to support dividend growth, new contract wins, and a low leverage risk with a strong credit rating. L3H is among the top 10 of defense/aerospace firms, giving it a unique market position but also competition from key peers.