L3Harris Technologies Inc Aktie News

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.

L3Harris Technologies is a fast-growing defense contractor benefiting from global military expenditure and U.S. military modernization, with strong revenue and EPS growth. LHX's strategic acquisitions, including Aerojet Rocketdyne, enhance its capabilities in missile defense and propulsion, positioning it well for future growth. Despite elevated debt, management aims for deleveraging and return...

Concerns about a U.S. recession persist despite mixed economic signals. Leading indicators suggest a downturn, but some market metrics remain strong, adding uncertainty. Rate cuts are anticipated, providing a potential buffer against economic weakness. The dollar's trajectory is crucial for investors, particularly those with international exposure. Despite high valuations, certain sectors offer...

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) Chair and CEO Christopher E. Kubasik and Chief Financial Officer Ken Bedingfield will present at the Jefferies 2024 Industrials Conference at 8:40 a.m. ET on Thursday, Sept. 5, in New York City. The presentation will stream live on the L3Harris website with a recording available following the event. L3Harris Integrated Mission S...

L3Harris Technologies is outperforming the market, driven by a strong defense sector and successful strategic moves, including the Aerojet Rocketdyne acquisition. The company's diversified portfolio, improving margins, and expanding backlog position it well for future growth, with expectations of strong EPS and dividend increases. Despite market volatility, L3Harris's attractive valuation and f...

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has announced new sustainability goals that further demonstrate its commitment to environmental stewardship. By 2030, L3Harris plans to reduce greenhouse gas emissions by 60%, water use by 20%, and solid waste by 10%. In addition, L3Harris is committing to sourcing 40% of its total electricity from renewable sources. “L3Harris ...

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 ...

Due to milestones like NASA's Artemis 2 Moon orbit in late 2024, space stocks remain popular. Astronauts are already preparing for this voyage toward a permanent Moon presence.