L3Harris Technologies Inc Stock Price, News & Analysis

Spirit Airlines (NYSE: SAVE) has partnered with L3Harris (NYSE: LHX) to launch the Spirit Wings Pilot Pathway in Central Florida. This program is designed to create a pipeline of skilled pilots, with training conducted at L3Harris’ Flight Academy. Graduates will have the chance to advance to a Spirit First Officer position after meeting specific flight hour requirements. The airline plans to expand rapidly, adding 33 new aircraft in 2023, increasing growth opportunities for pilots. Spirit has also been recognized for diversity and excellence in aviation safety.

L3Harris Technologies (NYSE: LHX) has achieved National Fire Protection Association certification for its XL Extreme™ 400P radio and XL Extreme Speaker Microphone. These devices meet stringent standards for operating in extreme environments, ensuring durability against heat, immersion, shock, and other conditions. The certification guarantees clear audio and reliable connectivity, enhancing firefighter safety. Nino DiCosmo, President of Public Safety and Professional Communications, emphasized the product's ruggedness as crucial for first responders' operational demands.

L3Harris Technologies has been awarded a contract valued at up to $886 million by the U.S. Army Communications-Electronics Command. The contract focuses on enhancing intelligence, surveillance, and reconnaissance capabilities for the Army. It includes a five-year base award with extensions for providing datalink architecture and network design improvements for both aerial and ground communications. The company aims to support resilient and discreet global communications for military operations.

L3Harris Technologies (NYSE: LHX) played a crucial role in the successful launch of Artemis I, NASA's mission to return astronauts to the moon after 50 years. The company supplied advanced avionics that ensured smooth launch command and control during the first eight minutes of flight. This achievement reflects L3Harris's 60-year tradition of supporting NASA's space exploration efforts. With over $17 billion in annual revenue, L3Harris continues to innovate in aerospace and defense technology, having already completed hardware for the upcoming Artemis II mission slated for May 2024.

L3Harris Technologies (NYSE:LHX) has successfully launched its Cross-Track Infrared Sounder (CrIS) aboard NOAA's Joint Polar Satellite System-2 (JPSS-2). This advanced sensor increases NOAA's ability to forecast severe weather, offering 100 times more infrared channels than its predecessor, which enhances the accuracy of weather models. The CrIS instrument is pivotal in improving hurricane and tornado detection, aiding in better predictions up to seven days in advance. This technology supports NOAA in creating a more weather-ready nation.

L3Harris Technologies (NYSE:LHX) has successfully delivered its 10,000th Enhanced Night Vision Goggle-Binocular (ENVG-B) to the U.S. Army, marking a significant milestone in its four-year ENVG-B program. The latest delivery included nearly 600 units to the Security Force Assistance Brigade, making it the ninth brigade to utilize this technology. The ENVG-B enhances soldiers' situational awareness and mobility, utilizing advanced fusion technology for improved decision-making during low-light operations.

Garmin International announced that L3Harris Technologies selected its G3000™ integrated flight deck for a contract under the U.S. Special Operations Command's Armed Overwatch program. This marks a significant collaboration, integrating advanced avionics in the Sky Warden combat aircraft. The G3000 offers modern aviation capabilities, enhancing communication, navigation, and surveillance systems, all while supporting lower life-cycle costs. The contract includes delivery of up to 75 aircraft, highlighting Garmin's commitment to military aviation solutions.

L3Harris Technologies (NYSE:LHX) released its third quarter fiscal year 2022 update via an investor letter on its website. CEO Chris Kubasik and CFO Michelle Turner will host a teleconference on October 28, 2022, at 8:30 a.m. EDT to address questions from investors. U.S. participants can call 877-407-6184, while international callers can reach 201-389-0877. A recording of the call will be available at noon EDT on the same day. L3Harris, a global aerospace and defense innovator, generates over $17 billion in annual revenue and operates across various domains, serving customers in over 100 countries.