L3Harris(LHX)

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L3Harris(LHX) - 2023 Q4 - Annual Report
2024-02-19 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 29, 2023 ☐ 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 L3HARRIS TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 34-0276860 ...
US Department of Defense Launches L3Harris Missile Tracking Satellites
Businesswire· 2024-02-15 04:00
MELBOURNE, Fla.--(BUSINESS WIRE)--Five missile tracking satellites L3Harris Technologies (NYSE:LHX) designed and built successfully launched from Cape Canaveral Space Force Station, Florida, as part of the Missile Defense Agency’s (MDA) Hypersonic and Ballistic Tracking Space Sensor (HBTSS) program and the Space Development Agency’s (SDA) Tranche 0 (T0) Tracking Layer program. L3Harris’ HBTSS satellite is an on-orbit prototype demonstration that can track maneuvering hypersonic missiles flying beyond the r ...
L3Harris to Present at Upcoming Investor Conferences
Businesswire· 2024-02-07 17:00
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) Chair and CEO Christopher E. Kubasik and Chief Financial Officer Ken Bedingfield will attend Citi’s Global Industrial Tech and Mobility Conference on Feb. 20 in Miami. Kubasik and Bedingfield are also scheduled to present at the Barclays Industrial Select Conference at 8:30 a.m. ET, Feb. 21, also in Miami. The Barclays presentation will stream live on the L3Harris website with a recording available following the event. Bedingfield will also ...
L3Harris (LHX) Q4 Earnings Beat, Revenues Increase Y/Y
Zacks Investment Research· 2024-01-26 12:26
L3Harris Technologies, Inc. (LHX) reported fourth-quarter 2023 adjusted earnings (from continuing operations) of $3.35 per share, which beat the Zacks Consensus Estimate of $3.31 by 1.2%. The bottom line also increased 2% from the year-ago quarter’s reported figure.Excluding one-time items, the company reported GAAP earnings of 83 cents per share, down from $2.17 generated in the prior-year period.L3Harris generated 2023 adjusted earnings of $12.36 per share, which beat the Zacks Consensus Estimate of $12.3 ...
Here's What Key Metrics Tell Us About L3Harris (LHX) Q4 Earnings
Zacks Investment Research· 2024-01-26 00:01
For the quarter ended December 2023, L3Harris (LHX) reported revenue of $5.34 billion, up 16.6% over the same period last year. EPS came in at $3.35, compared to $3.27 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $5.29 billion, representing a surprise of +0.98%. The company delivered an EPS surprise of +1.21%, with the consensus EPS estimate being $3.31.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...
L3Harris Technologies Reports Fourth Quarter and Full-Year 2023 Results; Initiates 2024 Guidance
Businesswire· 2024-01-25 21:10
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies, Inc. (NYSE: LHX) reported fourth quarter and full-year 2023 results, and initiated 2024 financial guidance. “ We delivered on our 2023 financial commitments and reported record backlog of $33 billion, further demonstrating that our strategy to be the industry's Trusted Disruptor is working. Our agility and innovation continue to resonate with customers, enabling us to broaden our capabilities into high-growth markets,” said Christopher E. Kubasik, Ch ...
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 ...