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L3Harris Technologies reports news on its defense technology portfolio serving space, air, land, sea and cyber missions for national security customers. Updates commonly cover orders, backlog, revenue trends and segment activity across communications, mission systems, propulsion, missiles, sensors, avionics and space systems.
Company announcements also include dividend actions, production-capacity investments, solid rocket motor expansion, space-mission contributions and partnerships involving satellite systems and Earth-observation data infrastructure. Capital-structure news has included financing and registration activity related to the Missile Solutions business, including operations associated with legacy Aerojet Rocketdyne.
The Board of Directors of L3Harris Technologies (NYSE:LHX) has announced a quarterly cash dividend of $1.02 per share for common stock. This dividend is payable on September 17, 2021, to shareholders recorded as of the close of business on September 3, 2021. L3Harris is a leading aerospace and defense technology innovator, generating approximately $18 billion in annual revenue and employing around 48,000 people globally, serving customers in over 100 countries.
L3Harris Technologies (NYSE:LHX) announced that Vice Chair and CEO Chris Kubasik, along with Senior Vice President and CFO Jay Malave, will present at the Jefferies Virtual Industrials Conference on August 3, 2021, at 3:00 p.m. ET. Their remarks will be available via a listen-only stream on L3Harris.com. A replay will be accessible for seven days after the event. L3Harris is a global leader in aerospace and defense technology with annual revenues of approximately $18 billion and a workforce of 48,000 employees.
L3Harris Technologies (NYSE:LHX) will host a conference call on August 3, 2021, at 8:30 a.m. ET to discuss its second quarter 2021 financial results. Participants can connect via U.S. dial-in (877-407-6184) or International dial-in (201-389-0877). Listeners are encouraged to join the webcast and view the management's slide presentation on L3Harris.com. A recording will be available post-call at around 12 p.m. ET on August 3.
L3Harris Technologies (NYSE:LHX) has completed divestitures of its Military Training business for $1.05 billion to CAE and its Combat Propulsion Systems for $400 million to RENK AG, totaling $1.45 billion. The Military Training unit generates about $525 million annually, while the Combat Propulsion unit reports around $230 million. Proceeds are intended for share repurchases. L3Harris remains a significant player in aerospace and defense with approximately $18 billion in annual revenue.
L3Harris Technologies (NYSE: LHX) welcomes new CEO Christopher E. Kubasik, who aims to enhance global partnerships and expand the company's technological capabilities. With a workforce of 48,000 and operations in over 100 countries, L3Harris generates around 20% of its revenue internationally. Kubasik emphasizes the company's commitment to developing end-to-end solutions across various domains, including air, land, sea, space, and cyber. L3Harris is leveraging significant R&D investments to create exportable technologies, addressing diverse security and economic needs worldwide.
Christopher E. Kubasik has officially succeeded William M. Brown as CEO of L3Harris Technologies (NYSE: LHX), marking a significant leadership transition. This change, reaffirmed by the Board of Directors, follows the planned succession announced during the merger in 2018. Brown becomes Executive Chair, continuing his role after leading the company through its merger into a leading defense technology entity. Kubasik, who has over 30 years of aerospace and defense experience, emphasized the company’s commitment to innovation and customer needs amidst evolving market challenges.
L3Harris Technologies (NYSE:LHX) has unveiled the XL Extreme™ 400P, a rugged handheld radio designed for emergency responders. This radio meets stringent two-way RF standards and showcases advanced technologies used in military communications. It withstands extreme conditions, withstanding flame exposure of over 1,700°F and featuring top-notch audio quality and noise cancellation. Integrated functionalities such as Wi-Fi, Bluetooth, and GPS enhance usability. This addition supports L3Harris' mission to provide reliable communication solutions in demanding environments.
L3Harris Technologies (NYSE:LHX) has received the prestigious James S. Cogswell Outstanding Industrial Security Achievement Award from the U.S. Department of Defense for the 17th consecutive year. The award recognizes L3Harris' Communication Systems facility in Rochester, New York, for surpassing national security standards. Among over 13,000 cleared facilities, only 40 received this honor, reflecting L3Harris' commitment to exceptional security practices essential for operational performance and safeguarding sensitive information. This award highlights the vital partnership between industry and government in protecting classified information.
L3Harris Technologies (NYSE:LHX) executives, Vice Chair Chris Kubasik and CFO Jay Malave, will present at the Alliance Bernstein’s 37th Annual Strategic Decisions Conference on June 4, 2021, at 9:00 a.m. ET. The presentation will be streamed live in a listen-only format via L3Harris.com. A replay will be accessible for seven days after the event. With approximately $18 billion in annual revenue and a workforce of 48,000, L3Harris is a leader in aerospace and defense technology solutions across multiple domains.
L3Harris Technologies (NYSE:LHX) has partnered with Air Tractor to develop the AT-802U Sky Warden™, a multi-mission aircraft tailored for intelligence, surveillance, and reconnaissance (ISR) in harsh combat environments. This production-ready aircraft, based on the Air Tractor AT-802, offers the largest payload capacity among single-engine turboprops and integrates L3Harris’ advanced communication and ISR technology. The Sky Warden enhances operational agility, enabling effective threat identification and response, combining the strengths of larger ISR platforms within a compact design.