L3Harris Technologies Inc (N:LHX)

Feb 18, 2020 02:10 pm ET
L3Harris Technologies CEO William M. Brown to Speak at Barclays Industrial Select Conference February 19, 2020
L3Harris Technologies’ (NYSE:LHX) Chairman and CEO William M. Brown will speak at the Barclays Industrial Select Conference in Miami, Florida on Wednesday, February 19, 2020.
Feb 17, 2020 09:00 am ET
L3Harris Technologies Celebrates the Contributions of its 20,000 Engineers and Scientists During EWeek
L3Harris Technologies (NYSE:LHX) employees around the world are celebrating National Engineers Week (EWeek) by participating in more than 100 events, across more than 50 locations, focused on innovation and engaging the next generation of innovators.
Feb 12, 2020 09:00 am ET
L3Harris Technologies Selected by US Air Force for Artificial Intelligence Contract
The Air Force Life Cycle Management Center has awarded L3Harris Technologies (NYSE:LHX) a multimillion-dollar contract to develop a software platform that will make it easier for analysts to use artificial intelligence (AI) to identify objects in large data sets.
Feb 05, 2020 09:00 am ET
L3Harris Technologies Passes Preliminary Design Review for Experimental Satellite Navigation Program
L3Harris Technologies (NYSE:LHX) has reached a major milestone in the U.S. Air Force’s Navigation Technology Satellite-3 (NTS-3) project – passing the preliminary design review that defines the spacecraft’s path to delivery and allows the program to move to the next phase of development.
Feb 04, 2020 06:30 am ET
L3Harris Reports Strong Fourth Quarter and Second Half Results; Well-Positioned on EPS and FCF in 2020
L3Harris Technologies, Inc. (NYSE:LHX) reported fourth quarter 2019 revenue of $4.8 billion, up 10% compared with prior-year combined revenue. GAAP earnings per diluted share (EPS) from continuing operations decreased 6% to $1.77, and non-GAAP EPS2 increased 28% versus prior-year combined EPS to $2.85. Net income increased 77% to $399 million, and adjusted earnings before interest and taxes (EBIT)2 increased 28% versus prior-year combined EBIT2 to $835 million, with margin expansion of 240 basis points (bps) to 17.3%.
Feb 04, 2020 06:00 am ET
L3Harris Technologies Signs Definitive Agreement to Sell Its Airport Security Business to Leidos for $1 Billion
L3Harris Technologies (NYSE:LHX) today announced the signing of a definitive agreement under which Leidos (NYSE:LDOS) will acquire L3Harris’ airport security and automation business for $1 billion in cash. The transaction is expected to close in mid-2020 and is conditioned on customary closing conditions, including receipt of regulatory approvals.
Jan 06, 2020 09:00 am ET
US Special Operations Command Awards L3Harris Technologies $100M Contract to Upgrade Very Small Aperture Terminals
U.S. Special Operations Command (USSOCOM) has awarded L3Harris Technologies (NYSE:LHX) a five-year with options, $100 million contract to upgrade and extend the service life of its existing fleet of approximately 550 L3Harris Very Small Aperture Terminals (VSAT). The contract was received in December.
Dec 18, 2019 02:11 pm ET
L3Harris Technologies to Announce Fourth Quarter Results on Tuesday, February 4, 2020
L3Harris Technologies (NYSE:LHX) will host a conference call on Tuesday, February 4, 2020, at 8:30 a.m. Eastern Time (ET) to discuss its fourth quarter calendar year 2019 financial results.
Dec 16, 2019 09:00 am ET
L3Harris Technologies Joins Catalyst CEO Champions For Change; CEO Pledges to Accelerate Progress and Representation of Women
L3Harris Technologies (NYSE:LHX) Chairman and CEO William M. Brown has signed the Catalyst CEO Champions For Change pledge, joining leaders from 60-plus other leading global companies committed to furthering gender equality, diversity and inclusion in the workplace.
Dec 06, 2019 04:12 pm ET
L3Harris Technologies Receives $50M Follow-on Order for HF Radios from US Marine Corps
L3Harris Technologies (NYSE:LHX) has received a $50 million follow-on delivery order for Falcon III AN/PRC-160 HF radios and related equipment from the U.S. Marine Corps as part of its High Frequency Radio II modernization program. The order is part of the Navy Portable Radio Program five-year IDIQ contract received in 2017.
Nov 21, 2019 09:00 am ET
US Special Operations Command Awards L3Harris Technologies $86M Order for Falcon® IV Two-Channel Handheld Tactical Radios
U.S. Special Operations Command (USSOCOM) awarded L3Harris Technologies (NYSE:LHX) an initial $86 million full-rate production order for Falcon IV AN/PRC-163 two-channel handheld tactical radios that will provide Special Operations Forces (SOF) operators with advanced communications capabilities.
Nov 14, 2019 09:00 am ET
L3Harris Technologies Selected to Demonstrate Electronic Warfare Prototype for US Air Force F-16 Fighting Falcon
L3Harris Technologies (NYSE:LHX) has been awarded a project agreement under the SOSSEC Consortium’s Air Force Open System Acquisition Initiative (OSAI) Other Transaction Agreement (OTA) for prototyping to demonstrate a new electronic warfare solution for the U.S. Air Force F-16 multi-role fighter – helping to protect the aircraft against threats.
Nov 11, 2019 07:29 pm ET
L3Harris Technologies Honors Veterans with Nationwide Day of Service; Launches New Company-wide Volunteer Initiative
L3Harris Technologies (NYSE:LHX) today honored our Nation’s veterans by hosting 50 service events around the country and launching its new, company-wide employee volunteer initiative.
Oct 30, 2019 06:30 am ET
L3Harris Reports Strong Third Quarter 2019 Results with Double-Digit Revenue Growth, Margin Expansion Across all Segments and Robust Cash Flow
L3Harris Technologies, Inc. (NYSE:LHX) reported third quarter 2019 revenue of $4.4 billion, up 10% compared with prior-year combined revenue. GAAP earnings per diluted share (EPS) from continuing operations increased 7% to $1.90, and non-GAAP EPS2 increased 26% versus prior-year combined EPS to $2.58. Net income increased 104% to $435 million, and adjusted earnings before interest and taxes (EBIT)2 increased 25% versus prior-year combined to $766 million with margin expansion of 210 basis points (bps) to 17.4%.
Oct 25, 2019 11:42 am ET
L3Harris Technologies Declares Quarterly Dividend
The Board of Directors of L3Harris Technologies, Inc. (NYSE:LHX) has declared a quarterly cash dividend of 75 cents per share on the common stock, payable December 6, 2019, to shareholders of record as of the close of business on November 22, 2019.
Oct 24, 2019 09:00 am ET
US Air Force Selects L3Harris Technologies to Develop Space Hub End Cryptographic Unit for Protected Tactical SATCOM Program
The U.S. Air Force has selected L3Harris Technologies (NYSE:LHX) to deliver the space hub end cryptographic unit (ECU) for the Protected Tactical SATCOM (PTS) SHIELD program.
Oct 14, 2019 12:00 pm ET
L3Harris Technologies’ New Interference Cancellation Solution Sustains Communications During Electronic Warfare and Cyber Missions
(L3Harris Booth #7136) — L3Harris Technologies (NYSE:LHX) has introduced a first-of-its-kind capability that enables warfighters to sustain critical communication while they are simultaneously conducting electronic warfare (EW) and cyber operations. The company is demonstrating the solution at its booth, #7136, during AUSA 2019 Annual Meeting and Exposition, October 14-16 at the Walter E. Washington Convention Center in Washington, D.C.
Oct 14, 2019 08:12 am ET
L3Harris Technologies Providing US Army New Networked Night Vision Goggles with Advanced Mobility Capabilities
L3Harris Technologies (NYSE:LHX) has begun initial deliveries of its new Enhanced Night Vision Goggle – Binocular (ENVG-B) that provides U.S. Army soldiers with improved situational awareness, mobility and protection. The delivery is part of an initial order under a
Oct 02, 2019 03:54 pm ET
L3Harris Technologies to Announce Third Quarter Calendar 2019 Results on Wednesday, October 30, 2019
L3Harris Technologies (NYSE:LHX) will host a conference call on Wednesday, October 30, 2019, at 8:30 a.m. Eastern Time (ET) to discuss its third quarter calendar 2019 financial results. The company will issue a press release reporting those results prior to the conference call start time.
Sep 23, 2019 08:00 am ET
State of Utah Awards L3Harris Technologies Contract to Build Statewide Public Safety Radio System
The Utah Communications Authority (UCA) has awarded L3Harris Technologies (NYSE:LHX) a contract to provide an advanced statewide public safety network for multiple agencies and emergency responders in Utah.
Sep 15, 2019 02:00 am ET
L3Harris Technologies Completes Sale of Harris Night Vision Business to Elbit Systems of America
L3Harris Technologies (NYSE:LHX) today completed the previously announced sale of the Harris Night Vision business to Elbit Systems of America, LLC (ESA) for $350 million in cash. Proceeds from the transaction will be used to pre-fund the L3Harris pension.
Sep 10, 2019 04:30 am ET
L3Harris Technologies Introduces New Medium-Sized Robotic System for Security Operations in Urban and Space-Constrained Environments
L3Harris Technologies (NYSE:LHX) has introduced a new medium-sized robot ideal for security operations in urban and space-constrained environments – such as hazardous material (HAZMAT) cleanup, explosive ordnance disposal (EOD) and special weapons and tactics (SWAT) missions. The company is conducting hands-on demonstrations of the prototype robot at its stand, #S-7 310, during DSEI 2019, September 10-13 in London.
Aug 21, 2019 12:00 pm ET
L3Harris Technologies Delivers Eighth GPS III Navigation Payload
As the U.S. Air Force prepares to launch its second next-generation GPS III satellite, L3Harris Technologies (NYSE:LHX) delivered its eighth navigation payload to GPS III satellite prime contractor Lockheed Martin (NYSE:LMT).
Aug 20, 2019 02:15 pm ET
L3Harris Technologies Declares Quarterly Dividend
The Board of Directors of L3Harris Technologies, Inc. (NYSE:LHX) has declared a quarterly cash dividend of 75 cents per share on the common stock, payable September 18, 2019, to shareholders of record as of the close of business on September 4, 2019.
Jul 31, 2019 06:30 am ET
L3Harris Reports Strong Harris Standalone Fourth Quarter and Fiscal 2019 Results...Initiates L3Harris Calendar Year 2019 Guidance
L3Harris Technologies, Inc. (NYSE:LHX) reported fiscal 2019 fourth quarter and full-year results for Harris Corporation on a standalone basis, as the merger with L3 Technologies, Inc. was completed on June 29, 2019. Fiscal 2019 fourth quarter revenue was $1.9 billion, up 12% compared with the prior year. GAAP earnings per diluted share from continuing operations (EPS) increased 28% to $2.21, and non-GAAP EPS1 increased 39% to $2.44. Net income increased 26% to $268 million, and adjusted earnings before interest and taxes (EBIT1) increased 17% to $377 million with margin e
Jul 30, 2019 08:55 am ET
UK Ministry of Defence Exercises Option to Purchase T7 Explosive Ordnance Disposal Robots from L3Harris Technologies
The United Kingdom’s Ministry of Defence (MOD) has exercised a $46 million (£36 million) contract option with L3Harris Technologies (NYSE:LHX) to provide T7™ robotic systems to support domestic explosive ordnance disposal (EOD) missions. This award is an option to the $70 million (£55 million) contra
Jul 10, 2019 12:31 pm ET
HRH The Prince of Wales Officially Opens L3Harris Technologies’ New $100 Million Pilot Training Center
His Royal Highness The Prince of Wales, accompanied by the U.K. Aviation Minister and leading figures from the U.K. aviation industry, today officially marked the opening of L3Harris Technologies’ (NYSE:LHX) new $100 million London Training Center for commercial airline pilots.
Jul 09, 2019 01:28 pm ET
L3Harris Technologies to Announce Fourth Quarter Results on Wednesday, July 31, 2019
L3Harris Technologies (NYSE:LHX) will host a conference call on Wednesday, July 31, 2019, at 8:30 a.m. Eastern Time (ET) to discuss its fourth quarter fiscal year 2019 financial results. The company will issue a press release reporting its fourth quarter results prior to the conference call start time.
Jul 03, 2019 10:57 am ET
US Air Force Selects L3Harris Technologies to Develop Airborne HF Replacement Radio for AN/ARC-190
L3Harris Technologies (NYSE:LHX) has been awarded a development prototype contract from the U.S. Air Force for the L3Harris Falcon® Wideband Airborne HF Radio and will now be part of a down-select competition to replace the service’s AN/ARC-190 airborne HF radio.
Jul 01, 2019 05:45 pm ET
L3Harris Technologies, Inc. Announces Final Results of Exchange Offers and Consent Solicitations
L3Harris Technologies, Inc. (NYSE:LHX) (“L3Harris”) (f/k/a Harris Corporation) today announced the final results of the previously announced offers to exchange (the “Exchange Offers”) any and all outstanding notes issued by L3 Technologies, Inc. (“L3”) as set forth in the table below (the “Existing L3 Notes”) for (1) up to $3,350,000,000 aggregate principal amount of new notes issued by L3Harris (the “New L3Harris Notes”) and (2) cash, and related consent solicitations (the “Consent Solicitations”) to adopt certain amendments to each of the indentures governing the Existing L3 Notes.
Jul 01, 2019 06:04 am ET
L3Harris Technologies Announces 10% Quarterly Dividend Increase and $4 Billion Share Repurchase Authorization
The Board of Directors of L3Harris Technologies, Inc. (NYSE:LHX) has approved a 10% increase in the company’s per share quarterly cash dividend rate from 68.5 cents to 75 cents, corresponding to an increase in the annualized rate from $2.74 to $3.00. This represents an increase of 15% for legacy L3 shareholders. The increase is effective third quarter calendar year 2019, and the company expects to further review its annual cash dividend rate in the first quarter of calendar year 2020, as it transitions to calendar year financial reporting.
Jul 01, 2019 06:02 am ET
L3Harris Technologies Names Jay Malave Senior Vice President and Chief Financial Officer
L3Harris Technologies (NYSE:LHX) has named Jesus “Jay” Malave, Jr. Senior Vice President and Chief Financial Officer, reporting to L3Harris Chairman and Chief Executive Officer William M. Brown, effective June 29, 2019. Malave was elected CFO of the new L3Harris following the close of the
Jul 01, 2019 06:00 am ET
L3Harris Technologies Merger Successfully Completed; Board of Directors, Leadership and Organization Structure Announced
L3Harris Technologies (NYSE:LHX) today announced the successful completion of the all-stock merger between Harris Corporation and L3 Technologies on June 29, 2019. Headquartered in Melbourne, Florida, L3Harris is the sixth largest defense company in the U.S., and a top 10 defense company worldwide – with approximately $17 billion in revenue and 50,00