Sign In
Search
Business/Financial

L3Harris Reports Strong Second Quarter

Cal Biesecker By
SHARE:
L3Harris Reports Strong Second Quarter
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)

Buoyed by higher operating income across its business segments and improved sales, L3Harris Technologies [LHX] on Thursday posted strong overall financial results in the second quarter. Net income jumped 25 percent to $458 million, $2.44 earnings per share (EPS), from $367 million ($1.92 EPS) a year ago. Adjusted earnings of $2.78 per share, which excludes acquisition costs, losses from divestitures, costs related to the ongoing LHX NeXt business transformation effort, and taxes related to these various items, handily topped consensus…

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

Business/Financial

Earnings Up, Sales Dip At L3Harris In First Quarter

Business/Financial

L3Harris Consolidates Business Segments

Business/Financial

L3Harris Posts Higher Sales, Operating Income In Fourth Quarter

Business/Financial

Earnings Soar At L3Harris In First Quarter As COVID Impacts Ebb

Trending

Systems Integration Review for VICTUS HAZE Completed, Rocket Lab USA Says
Low-Cost Cruise Missile Funding in Reconciliation Act Awaiting Contract Obligation
Collins Sees Golden Dome As Periodic Upturn in Missile Defense, Tells Industry To ‘Get Ready To Go Fast And Think Big’
ULA Vulcan to Have Debut Launch for U.S. Space Force Next Tuesday
New Electro-Optical Commercial Services Program Advised by Senate Defense Appropriators

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 – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Force Multipliers

Chris Wilson – Qlik

Force Multipliers

Tim Solms – Slingshot Aerospace

Job Feed

Post a Job // Post a Resume