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Joby Aviation completed a test flight of its hybrid defense aircraft in partnership with L3Harris , three months after the companies announced the project. The milestone showcases Joby's ability to quicky move from "concept to demonstration" to meet growing military needs, Chairman Paul Sciarra told CNBC.
MONTVILLE, N.J., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Marotta Controls, a rapidly growing aerospace and defense supplier, today announced that it has been awarded a contract by L3Harris Technologies (NYSE: LHX) to design, develop, qualify, and deliver production flight actuator hardware for an advanced thrust vector control (TVC) system.
L3Harris Technologies has surged 33.3%, outperforming the S&P 500, driven by robust defense demand and the LHX NeXt cost-cutting program. Q3 2025 results showed 7% sales growth, margin expansion, and a strong backlog, with management raising 2025 revenue guidance to $22 billion and providing a 2026 outlook. LHX benefits from missile defense, ISR, electronic warfare, AI integration, and air traf...
WASHINGTON--(BUSINESS WIRE)--The time for change is now. As the Trusted Disruptor and the first company to make acquisition reform recommendations to the DOGE, L3Harris stands firmly aligned with Secretary Hegseth's vision for a more agile and accountable defense ecosystem. We've embraced and invested in commercial products and business models for decades, adopting open architecture, scaling pr...
During the quarter, we initiated new positions in Spotify, L3Harris Technologies and Insmed. We also added to 3i Group, West Pharmaceutical and Amazon during the quarter. We ended our investment campaigns in Atlassian, Adidas and Vertex Pharmaceuticals during the quarter.
I rarely change my portfolio, but this time I made one of my biggest moves ever, selling a major winner to strengthen my core holdings. I reinvested the proceeds across key themes I believe will define the next decade, boosting conviction in my long-term strategy. Most excitingly, I made my largest new investment ever, one that perfectly fits my vision for growth, value, and future-proof income.
L3Harris Technologies, Inc. ( LHX ) Q3 2025 Earnings Call October 30, 2025 10:30 AM EDT Company Participants Daniel Gittsovich - Vice President of Investor Relations & Corporate Development Christopher Kubasik - Chairman & CEO Kenneth Bedingfield - Senior VP, CFO & President of Aerojet Rocketdyne Conference Call Participants Sheila Kahyaoglu - Jefferies LLC, Research Division Ronald Epstein - B...
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