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Defense supplier L3Harris Technologies said on Tuesday it will invest $400 million in a new solid rocket motor production campus in Arkansas, marking one of the largest such expansions in the U.S. in decades.
CAMDEN, Ark.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) and Arkansas Gov. Sarah Huckabee Sanders joined state and local leaders today to break ground on the Arkansas Advanced Propulsion Facilities (AAPF), an extensive solid rocket motor (SRM) production campus. The campus will include more than 20 buildings across 110 acres at the company's Camden site and is expected to increase large...
MELBOURNE, Fla. & ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) and EDGE Group have signed a memorandum of understanding (MOU) to further their collaboration in the UAE. This preliminary agreement serves as a strategic platform for developing innovative solutions that contribute to the UAE's growing defense capabilities and expands L3Harris' operational inv...
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.
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