Welcome to our dedicated page for L3Harris Technologies news (Ticker: LHX), a resource for investors and traders seeking the latest updates and insights on L3Harris Technologies stock.
L3Harris Technologies (LHX) delivers mission-critical solutions for defense and aerospace operations worldwide. This news hub provides investors and industry professionals with authoritative updates on strategic developments, technological advancements, and market positioning.
Track official press releases covering quarterly earnings, government contracts, and product innovations in C4ISR systems and sensor technologies. Our curated news collection simplifies monitoring of LHX's progress in electronic warfare capabilities, space domain awareness, and integrated communications solutions.
Discover updates on key defense programs, partnership announcements, and regulatory filings that shape L3Harris' position in national security infrastructure. Content spans operational achievements across air, land, sea, space, and cyber domains—critical for understanding the company's multi-domain integration strategy.
Bookmark this page for streamlined access to verified LHX developments. Check regularly for updates on technology deployments, R&D milestones, and strategic initiatives that demonstrate the company's commitment to advancing global security solutions.
L3Harris Technologies (NYSE: LHX) announced the successful completion of a critical design review (CDR) for its Viper Shield electronic warfare system, enhancing the capabilities of the F-16 Block 70/72 aircraft. This system provides a virtual electronic shield, improving defense through advanced jamming technology. The milestone was achieved with the participation of Lockheed Martin and the U.S. Air Force. Notably, L3Harris has developed the Viper Shield without relying on U.S. government funding, utilizing internal research and international collaborations instead. The system is set to undergo further integration testing in the second quarter of 2023.
L3Harris Technologies (NYSE: LHX) has announced its fourth quarter fiscal year 2022 results via an investor letter available on its website. A conference call led by Chair & CEO Chris Kubasik and CFO Michelle Turner is scheduled for January 27, 2023, at 8:30 a.m. EST, which will include a Q&A session. Participants can join the call by phone or listen to a webcast on L3Harris.com. A recorded version will also be accessible on the same site by 12 p.m. EST on the same day. L3Harris continues to provide end-to-end technology solutions across aerospace and defense domains, emphasizing its role in meeting mission-critical needs.
L3Harris Technologies (NYSE:LHX) has secured a
L3Harris Technologies (NYSE: LHX) will announce its fourth quarter financial results for FY 2022 on January 26, 2023, at approximately 4:30 p.m. EST. The financial results will be detailed in an investor letter available on L3Harris.com. A conference call with company leadership is scheduled for January 27, 2023, at 8:30 a.m. EST, providing a platform for questions and answers.
Viasat has successfully completed the sale of its Link 16 Tactical Data Links business to L3Harris Technologies for approximately $1.96 billion in cash. The expected net proceeds for Viasat are around $1.8 billion after taxes and fees. This divestiture aligns with Viasat's strategy to focus on global satellite services and supports the reduction of net debt and interest expenses, progressing towards positive free cash flow. The Link 16 TDL business generated about $400 million in revenue and $125 million in Adjusted EBITDA for the year ending June 30, 2022.
L3Harris Technologies (NYSE: LHX) has completed the acquisition of Viasat Inc.'s (NASDAQ: VSAT) Tactical Data Links product line, known as Link 16, for $1.96 billion. This acquisition is expected to enhance L3Harris's capabilities in resilient communication and networking, broadening their user base across multiple domains. The deal, originally announced in October 2022, received all necessary regulatory approvals by December 2022.
L3Harris Technologies (NYSE: LHX) has appointed Samir Mehta as the new president of its Communication Systems segment, effective immediately. Mehta brings extensive aerospace and defense experience, previously serving as President at Collins Aerospace and holding key roles at Sikorsky Aircraft. He succeeds Dana Mehnert, who retires after 38 years. In his new role, Mehta will oversee business strategy and operational execution for a diverse portfolio, including tactical radios and night vision technology, aiming for growth and innovation within the defense sector.
L3Harris Technologies (NYSE: LHX) has announced the signing of a definitive agreement to divest its Visual Information Solutions business to NV5 Global Inc. (NASDAQ: NVEE) for an expected benefit of up to
L3Harris Technologies (NYSE:LHX) announced it has received all regulatory approvals for acquiring Viasat's Tactical Data Link product line, known as Link 16. The deal, initially expected to close in H1 2023, is now set to finalize by January 3, 2023. This acquisition involves nearly 450 employees and approximately $400 million in annual sales, enhancing L3Harris's capabilities in tactical data communication for defense applications. CEO Christopher Kubasik expressed enthusiasm about starting this modernization effort ahead of schedule.
L3Harris Technologies (NYSE: LHX) has announced a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) for $58 per share, totaling approximately $4.7 billion including net debt. This acquisition aims to enhance L3Harris's defense capabilities and foster innovation in missile technologies and hypersonics. With Aerojet generating about $2.3 billion in annual revenue, the merger is expected to close in 2023, pending regulatory approvals. L3Harris intends to leverage synergies between the two firms to deliver superior solutions for the Department of Defense and strengthen the defense industrial base.
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