Sign In
Search
Business/Financial

L3Harris Reports Strong First Quarter Bolstered By ISR, Space And Rocket Motors

Cal Biesecker By
SHARE:
L3Harris Reports Strong First Quarter Bolstered By ISR, Space And Rocket Motors
Illustration of one of several future L3Harris Technologies Solid Rocket Motor production facilities currently under construction set to build Javelin rocket motors at its Orange County, Va. campus. (Image: L3Harris Technologies)

L3Harris Technologies [LHX] on Thursday posted strong first quarter financial results driven by gains across its business segments with particular strength in intelligence, surveillance and reconnaissance, international, mission systems, and motors and engines for missiles, munitions and space propulsion programs. Net income increased 33 percent to $512 million, $2.72 earnings per share (EPS), from $386 million ($2.04 EPS) a year ago, topping consensus estimates by a dime. Operating margin increased to 11.4 percent from 10.2 percent a year ago on…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com 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

Air Force

Five E-7 Wedgetails Under Contract In EMD Phase

Navy/USMC

Official: Marines Plan OPF-L Fielding Call In ‘June Timeframe,’ Wants Anti-Armor OPF-M In FY ‘28

Air Force

APG-85 Fielding May Come 9 Months Early, Estimated Unit Cost Of $8.8 Million

Navy/USMC

Wasp Amphib Extending Five Years; Navy And Marine Corps Studying More Amphibs

Trending

Firestorm Labs Raises $82 Million To Transition Mobile 3D Printing Tech, Drones Into Production
MDA Director Says NGI On Track To Close Design Phase This Year
CoAspire Unveils Extended Range Affordable Cruise Missile
Marines Tap Sikorsky, Robinson’s Unmanned R66 For Medium Resupply Drone Development Effort
Army Begins Evaluating Bumble Bee Drone Interceptor With Autonomous Kill Capability

Congress Updates

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Air Force

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume