L3Harris Technologies Inc Stock Price, News & Analysis

L3Harris Technologies (NYSE:LHX) unveiled its new 379,000-square-foot Advanced Manufacturing Facility – South (AMF-South) in Huntsville, Alabama, dedicated to producing inert solid rocket motor components. The company invested over $20 million in renovations for this state-of-the-art facility, which is designed to support surging production demands for missile defense programs.

The facility, equipped with advanced manufacturing capabilities including hydraulic presses and autoclaves, will support programs such as Standard Missile, Guided Multiple Launch Rocket System, and Javelin. The expansion has created 40 new jobs, with plans to add over 100 additional positions in the coming years. The project was partially funded through a Department of Defense Title III Defense Production Act cooperative agreement.

Joby Aviation (NYSE:JOBY) and L3Harris Technologies (NYSE:LHX) announced a collaboration to develop a new class of defense-focused autonomous hybrid VTOL aircraft. The gas turbine hybrid aircraft will be capable of both crewed and fully autonomous operations for low-altitude missions.

The partnership combines Joby's commercial aircraft development and manufacturing expertise with L3Harris' capabilities in platform missionization. Flight testing is scheduled to begin in fall 2025, with operational demonstrations planned for 2026.

Joby has demonstrated significant progress in hybrid technology, including a record-breaking 561-mile hydrogen-electric hybrid flight in June 2024. The company enhanced its autonomous capabilities through the acquisition of Xwing's autonomy division in June 2024.

L3Harris Technologies (NYSE:LHX) reported strong Q2 2025 results with revenue of $5.4 billion, up 2% (6% organically), and increased its 2025 guidance. The company achieved a record book-to-bill ratio of 1.5x with orders of $8.3 billion.

Key financial metrics include operating margin of 10.5%, adjusted segment operating margin of 15.9%, and non-GAAP diluted EPS of $2.78, up 16% year-over-year. The company raised its 2025 guidance, now expecting revenue of ~$21.75 billion and non-GAAP EPS of $10.40-$10.60.

Growth was driven by higher volumes across all segments, new program ramps, and increased international demand. The company's Trusted Disruptor strategy continues to focus on key growth areas including Golden Dome, space, missiles, shipbuilding, autonomy, and resilient communications.

Booz Allen Hamilton (NYSE: BAH) has secured a significant $315 million contract to deliver the Advanced Battle Management System (ABMS) Distributed Battle Management Node Phase II Tactical Operations Center-Light (TOC-L) prototype for the U.S. Air Force. The contract spans up to five years and involves a strategic partnership with L3Harris Technologies (NYSE: LHX).

The TOC-L prototype will be built on Booz Allen's Modular Detachment Kit (MDK) concept, which has already demonstrated success in live-fire exercises and operational deployments. The project will leverage Booz Allen's facilities in North Charleston, SC, and Panama City Beach, FL, focusing on enhancing tactical decision-making through rapid relocation and deployment of command and control capabilities.

L3Harris Technologies (NYSE:LHX) has announced its Board of Directors has declared a quarterly cash dividend of $1.20 per common share. The dividend will be paid on September 22, 2025, to shareholders of record at the close of business on September 5, 2025.

L3Harris Technologies (NYSE:LHX) has unveiled its new family of launched effects vehicles - Red Wolf™ and Green Wolf™ - designed to enhance U.S. military capabilities across multiple domains. Red Wolf serves as a kinetic platform for long-range precision strikes, while Green Wolf focuses on electronic warfare with advanced detection and attack capabilities.

Both vehicles feature modular design, advanced software for in-flight collaboration, and support autonomous aircraft swarming. The company has conducted over 40 test flights during the five-year development period and plans to begin low-rate initial production by the end of 2025.

L3Harris Technologies (NYSE:LHX) has announced plans to build a large solid rocket motor (LSRM) production campus in Camden, Arkansas, as part of a nearly half-billion-dollar investment across its major production sites. The new campus will span 110 acres with over 20 buildings, adding more than 130,000 square feet of manufacturing and office space to the existing 2,000-acre site.

The expansion is expected to provide a six-fold increase in manufacturing capacity and create flexible production facilities for missile defense targets, interceptors, and hypersonic vehicles. The project will complement the company's existing workforce of approximately 1,300 local team members. Construction is set to begin in 2025, with production expected to start in 2027.

L3Harris Technologies (NYSE:LHX) has scheduled its second quarter 2025 earnings release and conference call. The company will release its financial results before market opens on Thursday, July 24, 2025. A conference call to discuss the results will be held the same day at 10:30 a.m. ET.

The earnings call will be accessible via webcast on L3Harris.com, with a recording available on the same platform starting at approximately 12 p.m. ET on July 24, 2025.

L3Harris Technologies (LHX) has initiated construction of five new solid rocket motor facilities in Virginia, marking a significant expansion of its defense manufacturing capabilities. The new facilities will feature advanced manufacturing technologies including modular factory design, robotic flex cells, and automated casting systems.

The expansion includes a 12,000 square foot state-of-the-art solid rocket motor cast and assembly facility, along with supporting infrastructure. This consolidation will reduce motor manufacturing travel distance by 90%. The project, supported by a Defense Production Act Title III cooperative agreement, will complement existing 256,000 square feet of manufacturing space.

L3Harris is also modernizing operations in Camden, Arkansas, and Huntsville, Alabama, as part of its broader initiative to enhance solid rocket motor production capabilities for national defense programs.