L3Harris(LHX)

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Will Sales Volume Benefit L3Harris (LHX) in Q4 Earnings?
Zacks Investment Research· 2024-01-24 15:36
L3Harris Technologies, Inc. (LHX) is slated to report fourth-quarter and full-year 2023 results on Jan 25, after market close. L3Harris has a four-quarter average earnings surprise of 1.70%. The strong top-line performance across most of the company’s business segments is likely to have contributed to its overall fourth-quarter revenues. However, increased interest expenses might have had some impact on the bottom line.Will the Integrated Mission Systems Unit Show Growth?Higher sales volume from the comm ...
Space Development Agency Awards L3Harris $919 Million Contract to Build Satellites for Missile Tracking Program
Businesswire· 2024-01-16 20:15
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) received a contract with a potential value of up to $919 million to design and build 18 infrared space vehicles for the Space Development Agency’s (SDA) Tranche 2 (T2) Tracking Layer program that will provide near-global missile warning and tracking coverage. “ Space remains a growth engine, and we are well positioned to provide innovative solutions after having made significant investments in technology for space vehicles, payloads and gro ...
Pentagon awards $2.5 billion in satellite contracts to L3Harris, Lockheed Martin and Sierra Space
CNBC· 2024-01-16 19:00
Lockheed Martin's Tranche 0 Transport Layer satellites are seen in one of the company's processing facilities.The Pentagon on Tuesday announced about $2.5 billion in contracts will go to L3Harris, Lockheed Martin, and Sierra Space to build satellites for an expanding military system.The U.S. Space Force's Space Development Agency is having the trio of companies build 54 satellites as part of a network the U.S. military is building, the Proliferated Warfighter Space Architecture. These satellites will be for ...
L3Harris: Building Momentum And Fading Headwinds
Seeking Alpha· 2024-01-09 03:00
gorodenkoff Key Highlights Strategic Refocus towards Core Assets has created a resilient and profitable Portfolio in Key Defense Growth Areas Since the L3 and Harris merger in 2019, L3Harris Technologies, Inc. (NYSE:LHX) has divested c.$2.9bn in non-core assets, latest of which the (pending) $800MM sale of its commercial aviation solutions business announced in November. Simultaneously, the newly combined business has added several assets to its portfolio, looking to expand its footprint into new growth mar ...
L3Harris Technologies: A Powerful Dividend Growth Stock To Buy Now
Seeking Alpha· 2024-01-08 12:30
An L3Harris office building. JHVEPhoto As a dividend growth investor, one of the most important attributes to me is a track record of vigorous dividend growth. Of course, a pattern of rewarding shareholders in the past doesn't always perfectly correlate to a future of rewarding shareholders when the fundamentals deteriorate (Walgreens Boots Alliance's (WBA) dividend cut, anybody?). But in this rapidly changing world, I have found the dividend growth strategy to be a winner for me. That's because it keeps ...
L3Harris Technologies: Unlocking Value In The Defense Industry
Seeking Alpha· 2024-01-07 17:14
Egorych/E+ via Getty Images L3Harris Technologies (NYSE:LHX) is well-positioned to benefit from increased global defense spending amid geopolitical tensions, shows strong growth in its Space and Airborne Systems segment, is reducing debt and targeting significant organic growth and free cash flow, and is undervalued compared to peers, offering an attractive investment opportunity. A recent investor day for LHX emerged as a positive event for the company's stock. A key insight from this event is the manageme ...
L3Harris Sets Date for Fourth Quarter Earnings Release
Businesswire· 2024-01-03 19:00
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 allow at le ...
L3Harris(LHX) - 2023 Q3 - Earnings Call Transcript
2023-10-27 15:40
L3Harris Technologies, Inc. (NYSE:LHX) Q3 2023 Earnings Conference Call October 27, 2023 8:30 AM ET Corporate Participants Mark Kratz - Vice President, Investor Relations Chris Kubasik - Chief Executive Officer Michelle Turner - Chief Financial Officer Conference Call Participants Kristine Liwag - Morgan Stanley Gautam Khanna - TD Cowen Noah Poponak - Goldman Sachs Scott Deuschle - Deutsche Bank Jason Gursky - Citi Richard Safran - Seaport Global Research Ken Herbert - RBC Capital Markets Matt Akers - Wells ...
L3Harris(LHX) - 2023 Q3 - Quarterly Report
2023-10-26 16:00
For the quarterly period ended September 29, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to ______________ Commission File Number 1-3863 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 L3HARRIS TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delawar ...
L3Harris(LHX) - 2023 Q2 - Earnings Call Transcript
2023-07-27 14:36
L3Harris Technologies, Inc. (NYSE:LHX) Q2 2023 Earnings Call Transcript July 27, 2023 8:00 AM ET Company Participants Mark Kratz - VP, IR Chris Kubasik - CEO Michelle Turner - CFO Conference Call Participants Peter Arment - Baird Seth Seifman - JPMorgan Robert Spingarn - Melius Research Doug Harned - Bernstein Sheila Kahyaoglu - Jefferies Pete Skibitski - Alembic Global Myles Walton - Wolfe Research Operator Greetings, and welcome to the L3Harris Technologies Second Quarter 2023 Earnings Conference Call. At ...