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L3Harris won the contract to build a fleet of Skyraider II fighter planes for U.S. Special Operations Command.
Stability is Kenny Polcari's theme when it comes to today's Big 3. He explains why Cola-Cola (KO), Medtronic (MDT) and L3Harris (LHX) are undervalued names with quality.
Air travel is a modern miracle, yet I have a love/hate relationship with it. While flying can be uncomfortable, the ability to cross continents in hours is astounding. The aerospace industry is booming, with strong demand and innovation driving growth. I've invested heavily in this sector, betting on its long-term potential. My portfolio focuses on companies with durable moats, strong growth, and dividend potential. Despite risks, I believe aerospace will remain a cornerstone of global connectivity and my investments.
LHX hikes its quarterly dividend payout to $1.20 per share. This increase represents the company's 24th consecutive annual dividend hike.
Trump wants to decrease defense spending, but the conflict in Ukraine may still lead to contracts. European rivals are surging.
MELBOURNE, Fla.--(BUSINESS WIRE)--The Board of Directors of L3Harris Technologies (NYSE: LHX) has approved an increase in the company's per share quarterly cash dividend rate from $1.16 to $1.20. The increase commences with the dividend for the first quarter of the year, payable March 21, 2025, to shareholders of record as of the close of business on March 10, 2025. The dividend corresponds to an increase in the annualized rate from $4.64 to $4.80. “This dividend increase represents our 24th co.
PALO ALTO, Calif.--(BUSINESS WIRE)--Maxar Space Systems, leading satellite manufacturer and provider of advanced solutions for space exploration and operations, today announced it has delivered the first of 16 spacecraft buses to L3Harris Technologies [NYSE: LHX] to support the Space Development Agency (SDA)'s Tranche 1 Tracking Layer program. Leveraging their Maxar 300™ platform, Maxar Space Systems designed and developed this purpose-built bus to enable key technological advancements to suppo.
WASHINGTON , Feb. 26, 2025 /PRNewswire/ -- Shield AI and L3Harris Technologies [NYSE: LHX] will collaborate on a demonstration to enable an electronic warfare (EW) operation with AI-enabled unmanned systems that will sense, adapt and act while simultaneously executing physical and electromagnetic movements. At the core of this effort is L3Harris' Distributed Spectrum Collaboration and Operations, or DiSCO™, a software-defined Electromagnetic Battle Management ecosystem that can detect, collect and analyze known and unknown threat signals within minutes.
L3Harris Technologies said on Thursday it has begun constructing four solid rocket motor production facilities at its Camden site, as demand for missiles accelerates amid escalating geopolitical tensions.
CAMDEN, Ark.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) marked the beginning of construction on four new solid rocket motor production facilities at the company's Camden site, hosting Department of Defense officials, industry customers and state and local dignitaries at a ceremony today. The expansion is part of a $215.6 million cooperative agreement between the Defense Department's Defense Production Act Title III program and L3Harris to increase domestic rocket propulsion manufacturi.