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L3Harris Technologies, Inc. (LHX) Backlog Growth Drives Higher Price View at Bernstein
Yahoo Finance· 2026-02-09 12:57
L3Harris Technologies, Inc. (NYSE:LHX) is included among 12 Unstoppable Dividend Stocks to Buy According to Analysts. L3Harris Technologies, Inc. (LHX) Backlog Growth Drives Higher Price View at Bernstein On February 6, Bernstein raised its price recommendation on L3Harris Technologies, Inc. (NYSE:LHX) to $405 from $398. It maintained an Outperform rating on the shares. The firm pointed to the company’s Q4 results, reported on January 29, which came in ahead of consensus EPS and showed a sizable increase ...
Textron Supplies XM204 Top Attack Anti-Vehicle Munition to US Army
ZACKS· 2025-09-23 15:51
Core Insights - Textron Inc.'s subsidiary, Textron Systems Corporation, has delivered the XM204 Top Attack Munition to the U.S. Army for operations in Europe under a low-rate initial manufacturing contract [1][10] Group 1: Textron's Expertise and Product Features - Textron Systems has over 30 years of experience in developing terrain-shaping systems to support the U.S. Army's counter-mobility needs [2] - The XM204 system features four sensor-fused munitions, covering a 100-meter diameter strike zone, making it effective against heavy wheeled and tracked vehicles [4][10] - The XM204 includes advanced safety features, is portable, and has a self-destruct mechanism to enhance counter-mobility capabilities [4] Group 2: Market Growth Potential - The global precision-guided munition market is projected to grow at a CAGR of 5.1% from 2025 to 2034, driven by increasing demand for precision targeting [6] - Other companies benefiting from this market growth include Lockheed Martin Corp. and L3Harris Technologies, with respective long-term earnings growth rates of 10.3% and 13% [6][7][8] Group 3: Stock Performance - In the past month, Textron's shares have increased by 3.4%, while the industry has seen a growth of 4.4% [11]