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, Inc. (NYSE: LHX) generates a steady flow of news tied to its role as a defense technology company focused on space, communications and missile solutions. This page aggregates coverage of L3Harris announcements, contracts and strategic actions so readers can follow how the company’s activities evolve across the space, air, land, sea and cyber domains.
Recent news highlights L3Harris’ reorganization into three business segments: Space & Mission Systems, Communications & Spectrum Dominance and Missile Solutions. Articles also cover major developments in missile propulsion, such as investments in solid rocket motor capacity and follow-on production contracts for Guided Multiple Launch Rocket System propulsion units, as well as plans to create an independently traded Missile Solutions company supported by a proposed convertible preferred investment from the Department of War.
Space-related news includes contracts from the Space Development Agency for infrared tracking satellites that support missile warning and defense architectures, along with portfolio moves such as the sale of a controlling interest in the Space Propulsion and Power Systems business to AE Industrial Partners while retaining a minority stake. Coverage of communications and electronic warfare activities features demonstrations of interoperable, software-defined networks that connect multiple U.S. government agencies and domains.
Readers can use this news feed to track LHX earnings announcements, segment realignments, facility investments, partnerships with organizations such as EDGE Group in the UAE, and other disclosures that illustrate how L3Harris positions its technology within the defense industrial base. For investors, analysts and industry observers, the page offers a single view of the company’s most recent public updates and contract awards.
L3Harris Technologies (NYSE: LHX) has achieved a significant milestone by surpassing its goal to reduce greenhouse gas emissions by 30%, three years ahead of schedule. This accomplishment is highlighted in their annual Sustainability Report, which emphasizes the company's leadership in sustainability within the aerospace and defense sector. The report also reaffirms L3Harris’ commitment to reducing water use and landfill diversion by 2026. The company's sustainability efforts are driven by energy reduction initiatives and renewable energy sources, supported by significant community contributions totaling nearly $17 million since 2019. The complete report is accessible on their official website.
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L3Harris Technologies (NYSE: LHX) has received an undefinitized contract from Lockheed Martin to procure long-lead materials for the Viper Shield electronic warfare system. This initiative aims to accelerate global product delivery and minimize procurement risks. Viper Shield is designed to enhance the protection of F-16 Block 70/72 aircraft, ensuring mission safety in complex environments. The program remains on schedule, with successful critical design reviews and tests expected to continue later this year.
L3Harris Technologies (NYSE: LHX) has appointed retired Air Force General Edward A. Rice, Jr. to its Board of Directors. With 35 years of military experience, including leadership roles in U.S. Forces Japan and the Pacific Air Forces, Rice brings significant expertise in military operations and national security, especially regarding the Asia-Pacific region. This strategic appointment comes as the DoD identifies China as a key threat, highlighting the potential value of Rice's insights for L3Harris's ongoing projects. Rice holds multiple advanced degrees, including a master's in national security policy studies.
The Board of Directors of L3Harris Technologies (NYSE: LHX) has approved a quarterly cash dividend increase from
L3Harris Technologies (NYSE: LHX) will present at the Barclays Industrial Select Conference on February 23, 2023, at 8:00 a.m. EST. CEO Chris Kubasik and CFO Michelle Turner will lead the presentation, which will be streamed live on the L3Harris website. A recording of the presentation will be available after the event. L3Harris is a key player in the global aerospace and defense industry, delivering technology solutions across various domains with a dedicated workforce of 46,000 employees.
L3Harris Technologies (NYSE: LHX) has expanded its pilot training agreement with All Nippon Airways (ANA) to include training for ANA pilots. This agreement is set to begin in March 2023, allowing ANA to standardize pilot training across its group airlines and meet future pilot demand. The initial cohort of pilots will undergo a 60-week training program in England before returning to Japan for certification. This expansion builds on a long-standing relationship between L3Harris and ANA's subsidiary, Peach Aviation, showcasing ANA's confidence in L3Harris' training capabilities.
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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.
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