L3Harris Technologies, Inc. (LHX)
- Motley Fool
Shocker: Northrop Grumman Beats SpaceX in Space
Two years ago, SpaceX announced an evolution in its business. Elon Musk's pioneering space company -- famous primarily for its low-cost launch rockets -- landed a $149.2 million contract to build satellites for the Pentagon's Space Development Agency. Building on its experience developing its own Starlink communications satellites, SpaceX was picked to work alongside established defense contractor and radio communications specialist L3Harris (NYSE: LHX) to build four Tranche 0 Tracking Layer satellites to track missile launches for the Department of Defense.
- Business Wire
L3Harris and Air Tractor Sky Warden Team Selected for USSOCOM Armed Overwatch Contract
MELBOURNE, Fla., August 01, 2022--U.S. Special Operations Command (USSOCOM) has selected L3Harris Technologies (NYSE:LHX) and Air Tractor Inc.’s AT-802U Sky Warden™ system for its Armed Overwatch program. Award of the Indefinite Quantity, Indefinite Delivery contract includes a cost ceiling of $3 billion. The program includes delivery of up to 75 manned, fixed wing aircraft, with an initial program contract award of $170 million.
- Zacks
L3Harris (LHX) Q2 Earnings Top Estimates, Revenues Fall Y/Y
L3Harris Technologies (LHX) Q2 revenues of $4,135 million miss the Zacks Consensus Estimate by 2.3%. Moreover, revenues decline 11.4% year over year.
