The Latest Breaking News from LHX

L3Harris Technologies (NYSE:LHX) has outperformed the market over the past 15 years by 3.92% on an annualized basis producing an average annual return of 10.94%. Currently, L3Harris Technologies has a market capitalization of $46.46 billion.

Sidus Space, Inc. (NASDAQ:SIDU) has selected L3Harris Technologies (NYSE:LHX) InControl and OnTime software for command and control and mission planning for LizzieSat Constellation. L3Harris will work collaboratively with the Sidus team in the coming weeks to fully implement the two products at the Cape Canaveral facility in preparation for the LizzieSAT-1 International Space Station (ISS)…

L3Harris Technologies Inc (NYSE:LHX) and venture capital firm Shield Capital have established a strategic partnership to accelerate defense, commercial technology solutions. In partnership with Shield, L3Harris will quickly identify, fund, and then guide technology development and solutions that will solve urgent national security needs. The agreement provides L3Harris access to disruptive innovators for…

Eve UAM, LLC , an Embraer SA (NYSE:ERJ) company, signed a Letter of Intent with Global Crossing Airlines Group, Inc. (OTC:JETMF) for order of up to 200 of Eve's electric vertical take-off and landing aircraft (eVTOL). This potential sale is included in Eve's current order backlog of up to 1,785 eVTOLs. Delivers are expected to start…

L3Harris Technologies (NYSE:LHX) has outperformed the market over the past 5 years by 5.41% on an annualized basis.

Over the past 3 months, 7 analysts have published their opinion on L3Harris Technologies (NYSE:LHX) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Within the last quarter, L3Harris Technologies (NYSE:LHX) has observed the following analyst ratings:

Geopolitical tensions have escalated over the past few months over the potential Russian invasion of Ukraine and the long-standing U.S.-China conflict over Taiwan’s independence. The current geopolitical situation should bode well for prominent aerospace and defense names Raytheon Technologies (RTX), Lockheed Martin (LMT), and L3Harris (LHX) because of the potential…

Wells Fargo analyst Matthew Akers lowered L3Harris Technologies Inc's (NYSE:LHX) price target to $240 (an upside of 15%) from $254 and maintained an Overweight rating on the shares.  Akers notes the stock trades at a discount to its defense peers despite his belief that it is a portfolio well-matched to Department of Defense spending priorities…