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Defense contractor L3Harris Technologies said on Friday it had secured a U.S. Navy deal to develop Red Wolf vehicles for the Marine Corps' precision-strike program.
ASHBURN, Va.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has been selected by the U.S. Naval Air Systems Command to develop, test and manufacture Red WolfTM vehicles for the Marine Corps' Precision Attack Strike Munition program. L3Harris' Red Wolf systems will fill a gap in modern warfare with long-range precision weapons capabilities. The Navy's selection builds off 52 launched effect...
Among our top contributors in Q4 were Argenx, Lam Research and Insmed. Among our biggest detractors in Q4 were Oracle, Netflix and BAE Systems. During the quarter, we initiated new positions in RTX (Raytheon), Capital One and Somnigroup. In addition to Insmed and BAE, we also added to L3Harris, a global aerospace and defense company.
Defense contractor L3Harris Technologies missed Wall Street estimates for fourth-quarter revenue on Thursday, as a prolonged U.S. government shutdown delayed contract awards.
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) reports full year and fourth quarter 2025 results. Highlights* Full Year Orders of $27.5 billion; book-to-bill of 1.3x Cash from operations of $3.1 billion, up 21%; Adjusted free cash flow of $2.8 billion, up 21% Revenue of $21.9 billion, up 3%, 5% organically Operating margin of 9.7%; Adjusted segment operating margin of 15.8%...
L3Harris has announced significant restructuring moves in the past two weeks. One of the nation's biggest defense contractors could soon spawn two new defense companies, both highly focused on building rocket engines.
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