LHX Stock Recent News

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) will release financial results for its fourth quarter on Thursday, Jan. 25, 2024, after market close. The company's results will be published in an Investor Letter and made available at L3Harris.com. The company will host a call on Friday, Jan. 26, 2024, at 8:30 a.m. ET. The dial-in numbers for the teleconference are (U.S.) 877-407-6184 and (International) +1 201-389-0877, and participants will be directed to an operator. Please.

L3Harris Technologies has tremendous growth potential and meets the criteria for a long-term investment, including a strong balance sheet and attractive valuation. The company's recent Investor Day highlighted its involvement in various domains, such as space and airborne systems, integrated mission systems, and communication systems. L3Harris has outlined a compelling longer-term outlook, aiming for $23 billion in revenue and at least 16% margins by 2026, which could result in significant shareholder value.

L3Harris (LHX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

U.S. defense contractor L3Harris said on Tuesday it would suspend its merger and acquisition activity for the "foreseeable future" to strengthen balance sheet and forecast full-year revenue above analysts' estimates.

Investors got a jolt back to reality about the volatile geopolitical landscape after the Hamas attacks on Israel. When the news broke, the best defense stocks rallied.

RTX will be engaged in the continued production and delivery of Silent Knight Radar systems and initial spare components to support USSOCOM.

RTX's Collins Aerospace is set to expand its training and simulation portfolio with the introduction of Arcus.

I'm putting a heavy focus on aerospace, defense, and REITs, with a keen interest in key players like Lockheed Martin, Northrop Grumman, RTX Corp., and L3Harris Technologies. Due to global tensions, defense stocks, including L3Harris, are holding strong. The company's solid performance, diverse segments, and smart moves in the space industry are contributing to its resilience. L3Harris looks promising with robust financials, improving margins, a healthy order book, and a diverse business portfolio.

In October, four robot warships of the U.S. Navy sailed into Sydney Harbour in Australia. The vessels -- collectively called Ghost Fleet Overlord -- represent a cheap way for the U.S. Navy to build out its fleet strength.

RTX recently told investors what they wanted to hear. Lockheed Martin is the perfect defense stock for dividend investors.