HII Secures $6.7B Contract to Provide Electronic Warfare Support [Yahoo! Finance]
L3Harris Technologies, Inc. (LHX)
Last l3harris technologies, inc. earnings: 2/4 06:30 am
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Source: Yahoo! Finance
combine EW with cyber and communications technology, improving the ability to identify and neutralize adversary systems across several battlefields. Rising geopolitical tensions globally have prompted countries to enhance their military capabilities, including EW systems, driving demand for EW solutions. According to Mordor Intelligence, the EW market is expected to witness a CAGR of 5.1% during the 2024-2029 period, creating growth opportunities for advanced EW solution providers like HII. Other defense contractors expected to benefit from the expanding EW market include L3Harris Technologies (LHX), Lockheed Martin (LMT), and Northrop Grumman (NOC), which offer various EW solutions and have solid long-term earnings growth rates. HII's business unit, Mission Technologies, has secured a $6.7 billion contract to provide electronic warfare engineering and technical services support for the U.S. Air Force, which is the largest contract ever given to HII's Mission Technologies divisi
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LHX
News
- L3Harris: Military Modernization Will Sustain Growth Amid Diplomacy [Forbes]Forbes
- L3Harris: Military Modernization Will Sustain Growth Amid Diplomacy [Yahoo! Finance]Yahoo! Finance
- X-ray Security Screening Market to Reach USD 11.76 Billion by 2032, Driven by Increasing Security Concerns and Growing Infrastructure Investments | SNS Insider [Yahoo! Finance]Yahoo! Finance
- L3Harris Technologies Insiders Sell US$8.1m Of Stock, Possibly Signalling Caution [Yahoo! Finance]Yahoo! Finance
- L3Harris Technologies, Inc. (NYSE: LHX) had its price target lowered by analysts at Wells Fargo & Company from $295.00 to $287.00. They now have an "overweight" rating on the stock.MarketBeat
LHX
Earnings
- 10/24/24 - Beat
LHX
Sec Filings
- 12/18/24 - Form 4
- 12/16/24 - Form 144
- 11/27/24 - Form 8-K
- LHX's page on the SEC website