L3Harris Technologies, Inc. (LHX) recently revealed that it has started manufacturing its Viper Shield alldigital electronic warfare (EW) suite for F-16 fighter planes, achieving a significant milestone in the electromagnetic spectrum. This should strengthen L3Harris' already established footprint in the EW market. Six nations' F-16 fleets will receive the Viper Shield from LHX, which is currently in production at the company's manufacturing site based in Clifton, NJ. A Brief Note on LHX's Viper Shield To g ...

L3Harris Technologies (LHX) announced that it has received a five-year contract, worth $587.4 million, to deliver custom tactical jamming pods designed to modernize the U.S. Navy's Aerial Electronic Attack capability. Details of LHX's New Contract The Next Generation Jammer-Low Band (NGJ-LB) is an advanced airborne electronic warfare system. The L3Harris solution will be simpler to maintain than the Navy's present system because of its modular, opensystem architecture, which allows for seamless updates. It ...

t u " m n the d territ i re, 11 a - Births and and in th the Residential d all group of the different of r and ng the first Piefe icin it - I and and the states an and 1 100 THE THE PERSON Bill Oxford Introduction After buying GE Aerospace (GE) last week, I have 24.5% aerospace & defense exposure. As my portfolio holds more than 95% of my net worth, it's fair to say roughly a quarter of my wealth depends on this industry. While one could make the case that I have gone too far, I beg to differ. Most of my ae ...

Donald Trump recently proposed establishing a Space National Guard. The Biden administration prefers using Space Force as it is. For defense contractors, either way works. In 2018, then-president Donald Trump instructed the Department of Defense to set up a sixth branch of the U.S. Armed Forces -- a Space Force separate from the Air Force. Eighteen months later, the U.S. Space Force came into being when half of the U.S. Space Command and Air Force Space Command's (AFSPC) 35,000 civilian and military employe ...

L3Harris Technologies, Inc. (NYSE:LHX) Jefferies Global Industrials Conference September 5, 2024 8:40 AM ET Company Participants Christopher Kubasik - Chairman and CEO Kenneth Bedingfield - SVP and CFO Conference Call Participants Sheila Kahyaoglu - Jefferies Sheila Kahyaoglu Good morning everyone. My name is Sheila Kahyaoglu with the Jefferies Aerospace Defense and Airlines Equity Research Team. Thank you so much for joining us, and we really appreciate the support of LHX. Who's here today? Chris Kubasik, ...

Uwe Krejci Defense contractors make great decime in a portolio, given their long-duration contracted revenes stream. This is also area of gowing demand se global das global des global Global military spending from 2001 to 2023 (in billion U.S. dollars) ★ 3,000 . 2,500 � < ss 0 252 2022 Statista This brings me to L3Harris Technologies (NYSE:LHX), which is a fast-growing defense contractor that should be on investors' radars. LHX has given the S&P 500 (SPY) a run for its money over the past decade, producing ...

Bill Chizek Introduction Something very interesting is happening in the defense sector. Momentum has clearly shifted to the upside despite weakness in the S&P 500. Over the past four weeks alone, the S&P 500 has been outperformed by five of the nation's largest defense contractors. Only The Boeing Company (BA) had a worse performance than the market's 4.4% loss Liftarris Technologies Inc (LHX) Price % Change RTX Cord (RTX) Price > (Change St Change Lookhood (RTX) Price > (Change St Change Lookhood Mumin Cor ...

New 5-year agreement supports L3Harris' Space Business beyond Firefly's existing agreement for three L3Harris launches in 2026 CEDAR PARK, Texas, Aug. 7, 2024 /PRNewswire/ -- Firefly Aerospace, Inc., an end-to-end space transportation company, today announced it signed a multi-launch agreement with L3Harris Technologies (NYSE: LHX) for up to 20 launches on Firefly's Alpha rocket, including two to four missions per year from 2027 to 2031 depending on customer needs. The new agreement is in addition to Firefl ...

Set to Beat the Market? Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely an ...

Excluding one-time items, the company reported GAAP earnings of $1.92 per share, up from $1.83 generated in the prior-year period. L3Harris' second-quarter revenues totaled $5.30 billion, which missed the Zacks Consensus Estimate by 0.1%. However, the top line rose 13% from the year-ago quarter's level of $4.69 billion. Segmental Performance The segment's operating income improved to $215 million from $168 million reported in the year-ago quarter. The operating margin expanded 280 bps to 12.6%, driven by im ...