Creates New Fisica Platform to Build and Acquire a Leading Defense Technology Portfolio PALM BEACH, Fla., April 5, 2024 /PRNewswire/ -- Kanders & Company, Inc. ("Kanders"), a U.S.-based single-family office, announced today that it has entered into a definitive agreement to acquire and combine certain antenna and test equipment businesses from L3Harris Technologies (NYSE: LHX) for $200 million. The acquisition brings together three separate business units under Kanders' newly formed Fisica, Inc. ("Fisica") ...

L3Harris Technologies (LHX) recently announced that the board of directors has approved a 1.8% increase in the quarterly dividend rate. The revised quarterly dividend will be $1.16, payable on Mar 22, 2024, to shareholders of record at the close of business on Mar 8.L3Harris has been consistently increasing dividends for 23 years. The company’s new annualized dividend rate is $4.64 per share, resulting in an annualized dividend yield of 2.19%, based on its share price of $211.74 as of Feb 27, 2024. The curr ...

MELBOURNE, Fla.--(BUSINESS WIRE)--The Board of Directors of L3Harris Technologies (NYSE:LHX) approved an increase in the company’s per share quarterly cash dividend rate from $1.14 to $1.16 commencing with the dividend for the first quarter of the year, payable March 22, 2024, to shareholders of record as of the close of business on March 8, 2024. The dividend corresponds to an increase in the annualized rate from $4.56 to $4.64. “ This represents the company’s 23rd consecutive annual dividend increase, en ...

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 ...

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 ...

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 Technologies, Inc. (NYSE:LHX) Q4 2023 Earnings Conference Call January 26, 2024 8:30 AM ET Company Participants Mark Kratz - Vice President, Investor Relations Christopher Kubasik - Chair and Chief Executive Officer Kenneth Bedingfield - Senior Vice President and Chief Financial Officer Conference Call Participants Scott Deuschle - Deutsche Bank Douglas Harned - Bernstein Ronald Epstein - Bank of America David Strauss - Barclays Michael Ciarmoli - Truist Securities Peter Arment - Baird Seth Seifman ...

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 ...

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 ...

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 ...