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.
Aerojet Rocketdyne, part of L3Harris Technologies (NYSE:LHX), has successfully delivered its 1,000th solid rocket boost motor and Liquid Divert and Attitude Control System (LDACS) for the Missile Defense Agency’s Terminal High Altitude Area Defense (THAAD) system ahead of schedule. This milestone underscores the company's reliability in providing propulsion and precision systems. THAAD, a key component of the U.S. Missile Defense System, has a 100% success rate in missile defense tests with 16 successful intercepts. Aerojet Rocketdyne manufactures these components across facilities in Huntsville, Alabama; Camden, Arkansas; and Los Angeles, California.
Kanders & Company has completed its acquisition of certain antenna and test equipment businesses from L3Harris Technologies for $200 million.
The acquired businesses, ATI, Datron, and Randtron, will operate under Kanders' new defense technology platform, Fisica.
Fisica will manufacture antennas and electromagnetic systems for various defense applications, including radar and communications.
Based in San Leandro, with additional operations in Menlo Park and Simi Valley, Fisica aims for growth as a critical partner for defense primes and the U.S. Department of Defense.
Warren B. Kanders will serve as Fisica's Executive Chairman, with Mark Rayner as President and Christopher Prabhu as CFO.
L3Harris Technologies (NYSE:LHX) has completed the sale of its antenna and related businesses to an affiliate of Kanders & Company, Inc. for $200 million. This strategic divestiture aligns with L3Harris’ focus on refining its portfolio by shedding non-core assets. The transaction breakdown includes $175 million in cash and a $25 million seller note. The divested businesses, previously under the Space & Airborne Systems segment, employed around 375 people. The proceeds from this transaction will be utilized in line with L3Harris' capital allocation plans.
Sidus Space (NASDAQ: SIDU), a satellite and data service company, announced the extension of its Department of Defense (DoD) Mentor-Protégé Program with L3Harris Technologies (NYSE:LHX) for a second year. This program, which aims to foster partnerships between established defense contractors and smaller emerging businesses, will now continue until March 31, 2025. Carol Craig, Founder and CEO of Sidus Space, expressed enthusiasm about deepening the relationship with L3Harris, particularly in supporting government customers. Both companies are located on Florida’s Space Coast, a location seen as beneficial for strengthening their partnership.
L3Harris Technologies (NYSE:LHX) Chair and CEO Christopher E. Kubasik is scheduled to present at the Bernstein Annual Strategic Decisions Conference on May 30, 2024, at 10 a.m. ET.
The presentation will be livestreamed, and a recording will be available post-event, providing insights into the company's strategic plans and financial outlook.
Aerojet Rocketdyne, a subsidiary of L3Harris Technologies (NYSE: LHX), has been selected as the propulsion provider for the Missile Defense Agency's (MDA) Next Generation Interceptor (NGI). This selection is part of the Lockheed Martin team tasked with advancing the nation's Ground-based Midcourse Defense system. Announced on April 15, the NGI is designed to counter long-range ballistic missile threats and to protect the homeland against evolving dangers into the 2030s and beyond. Christopher E. Kubasik, Chair and CEO of L3Harris, highlighted the company's extensive expertise in providing propulsion technology for MDA interceptor programs.
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