ANDOVER, Mass., April 10, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com))), a technology company that delivers mission-critical processing power to the edge, today announced it was awarded a $31 million contract from L3Harris Technologies (NYSE:LHX) to provide solid-state data recorders for the U.S. Space Development Agency (SDA)'s Tranche 2 Tracking Layer satellite constellation. L3Harris was selected in January to design and build 18 satellites that will provide near-global mis ...

L3Harris Technologies Inc. (LHX) recently announced that it has signed an agreement to divest its antenna and related businesses for $200 million to an affiliate of Kanders & Co., Inc. Once the deal gets completed, L3Harris will earn cash worth $175 million.The transaction is anticipated to close in the second quarter of 2024.The businesses that L3Harris has agreed to sell specialize in a range of airborne and ground-based antennas and test equipment.Rationale Behind the SaleL3Harris’ decision to divest ant ...

Creates New Fisica Platform to Build and Acquire a Leading Defense Technology Portfolio PALM BEACH, Fla., April 5, 2024 /PRNewswire/ -- Kanders & Company, Inc. ("Kanders"), a U.S.-based single-family office, announced today that it has entered into a definitive agreement to acquire and combine certain antenna and test equipment businesses from L3Harris Technologies (NYSE: LHX) for $200 million. The acquisition brings together three separate business units under Kanders' newly formed Fisica, Inc. ("Fisica") ...

L3Harris Technologies (LHX) recently announced that the board of directors has approved a 1.8% increase in the quarterly dividend rate. The revised quarterly dividend will be $1.16, payable on Mar 22, 2024, to shareholders of record at the close of business on Mar 8.L3Harris has been consistently increasing dividends for 23 years. The company’s new annualized dividend rate is $4.64 per share, resulting in an annualized dividend yield of 2.19%, based on its share price of $211.74 as of Feb 27, 2024. The curr ...

MELBOURNE, Fla.--(BUSINESS WIRE)--The Board of Directors of L3Harris Technologies (NYSE:LHX) approved an increase in the company’s per share quarterly cash dividend rate from $1.14 to $1.16 commencing with the dividend for the first quarter of the year, payable March 22, 2024, to shareholders of record as of the close of business on March 8, 2024. The dividend corresponds to an increase in the annualized rate from $4.56 to $4.64. “ This represents the company’s 23rd consecutive annual dividend increase, en ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 29, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to ______________ Commission File Number 1-3863 L3HARRIS TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 34-0276860 ...

MELBOURNE, Fla.--(BUSINESS WIRE)--Five missile tracking satellites L3Harris Technologies (NYSE:LHX) designed and built successfully launched from Cape Canaveral Space Force Station, Florida, as part of the Missile Defense Agency’s (MDA) Hypersonic and Ballistic Tracking Space Sensor (HBTSS) program and the Space Development Agency’s (SDA) Tranche 0 (T0) Tracking Layer program. L3Harris’ HBTSS satellite is an on-orbit prototype demonstration that can track maneuvering hypersonic missiles flying beyond the r ...

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) Chair and CEO Christopher E. Kubasik and Chief Financial Officer Ken Bedingfield will attend Citi’s Global Industrial Tech and Mobility Conference on Feb. 20 in Miami. Kubasik and Bedingfield are also scheduled to present at the Barclays Industrial Select Conference at 8:30 a.m. ET, Feb. 21, also in Miami. The Barclays presentation will stream live on the L3Harris website with a recording available following the event. Bedingfield will also ...

L3Harris Technologies, Inc. (NYSE:LHX) Q4 2023 Earnings Conference Call January 26, 2024 8:30 AM ET Company Participants Mark Kratz - Vice President, Investor Relations Christopher Kubasik - Chair and Chief Executive Officer Kenneth Bedingfield - Senior Vice President and Chief Financial Officer Conference Call Participants Scott Deuschle - Deutsche Bank Douglas Harned - Bernstein Ronald Epstein - Bank of America David Strauss - Barclays Michael Ciarmoli - Truist Securities Peter Arment - Baird Seth Seifman ...

L3Harris Technologies, Inc. (LHX) reported fourth-quarter 2023 adjusted earnings (from continuing operations) of $3.35 per share, which beat the Zacks Consensus Estimate of $3.31 by 1.2%. The bottom line also increased 2% from the year-ago quarter’s reported figure.Excluding one-time items, the company reported GAAP earnings of 83 cents per share, down from $2.17 generated in the prior-year period.L3Harris generated 2023 adjusted earnings of $12.36 per share, which beat the Zacks Consensus Estimate of $12.3 ...