Sign In
Search
Business/Financial

L3Harris Opens With Strong Third Quarter; Raises Earnings Outlook

Cal Biesecker By
SHARE:
L3Harris Opens With Strong Third Quarter; Raises Earnings Outlook
L3Harris Technologies Chairman and CEO William Brown. Photo: L3Harris Technologies

L3Harris Technologies [LHX] on Wednesday posted strong third quarter consolidated sales and earnings that combine the results of the former Harris Corp. and L3 Technologies and raised its guidance for earnings this year. Pro forma sales increased 10 percent to $4.4 billion from $4 billion a year ago and adjusted operating income grew 25 percent to $766 million, $2.58 earnings per share (EPS), from $612 million ($2.04 EPS), topping consensus estimates by 21 cents per share. Adjusted operating margins were…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at [email protected] or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

SAIC’s Earnings Down, Sales Up In Second Quarter

Business/Financial

HII Reports Lower Earnings, Higher Sales In First Quarter

Business/Financial

Lockheed Martin Ends Strong 2019 On High Note

Business/Financial

GovCIO To Acquire Salient CRGT Creating $700 Million Federal IT Company

Trending

Missing Radiation Source Found in New Jersey; State, Federal Agencies Say They Did Not Use Drones To Look For It
18 Rocket Lab Satellites for SDA to Carry Standard Tactical SATCOM Radios, As Agency Awaits Funding for Advanced Tactical Data Links
U.S. Space Force Launches Seventh X-37B Mission
10,000 “Operationally Relevant” Commercial EO Images Provided to NGA Per Week
USAF Looking for “Revolutionary” Concepts for Next Generation Refueler-Airlift Teaming

Contract Updates

BAE Systems Space & Mission Systems Inc. (Boulder, Colorado) – $48,000,000

BAE Systems Space & Mission Systems Inc., Boulder, Colorado, was awarded a $48,000,000 firm-fixed-price contract for the study, design, development, enhancement, testing, and procurement of advanced communication-electronics technologies. Bids were solicited via the internet with one received. Work locations and…

Portus Stevedoring LLC (Jacksonville, Florida) – $8,292,583

Portus Stevedoring LLC, Jacksonville, Florida, is awarded a not-to-exceed $8,292,583 firm-fixed-price, indefinite-delivery/indefinite-quantity contract with a five-year ordering period for stevedoring and related terminal services. This contract provides for full range of stevedoring and related terminal services to include the receipt,…

Foster Miller doing business as QinetiQ North America (Waltham, Massachusetts) – $11,310,230

Foster Miller, doing business as QinetiQ North America, Waltham, Massachusetts, is awarded an $11,310,230 firm-fixed-price modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00174-21-D-0019) to exercise Option Year Four for production, engineering support, and post-production support of the MK 2 Man…

EnergySolutions Services Inc. (Oak Ridge, Tennessee) – $13,336,650

EnergySolutions Services Inc., Oak Ridge, Tennessee, is being awarded a $13,336,650 firm-fixed-price, indefinite-delivery/indefinite-quantity contract action (N42158-25-D-E001) for nuclear services for the processing, recycling and disposal of radiologic materials through disassembly, decontamination, metal melting, compaction, incineration, resin sluicing/dewater, bulk waste assay…

The Force Multipliers

Force Multipliers

Force Multipliers – Adam Maruyama

Force Multipliers

Chris Wilson – Qlik

Force Multipliers

Tim Solms – Slingshot Aerospace

Force Multipliers

Brian Hill – Research Innovations, Inc.

Job Feed

Post a Job // Post a Resume