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L3Harris Technologies, Inc. (LHX)

NYSE - NYSE Delayed Price. Currency in USD
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238.38-1.50 (-0.63%)
At close: 04:00PM EDT
238.38 0.00 (0.00%)
Pre-Market: 08:12AM EDT

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  • E
    Ellyn
    I got this stock when I worked for Harris in 1977 invested 750 bux kept splitting had like 10 shares now have 120 and getting my dividends. I am thinking of selling some
  • R
    Ray
    LHX is a well run organization. I have owned shares since 2009. Take a look at a 5 year chart.
  • K
    Kratz
    LHX is giant that hardly anyone knows of. The combination of Level 3 & Harris was a perfect aerospece marriage. Tuck this away and forget about it.
  • R
    Rita
    Thanks, Brandon, It is YOUR economy!!!
  • a
    autumn9991
    News out a couple days ago. Below is a copy and paste. I used to live in this area of Florida and the recent news caught my eye.

    This should help out the share price. I follow oil and energy, and nuclear energy fuel cycle. GLTA
    See below:
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

    "The Space Development Agency (SDA) has announced the award of two prototype agreements with a total potential value over $1.3 billion for the establishment of the Tranche 1 (T1) Tracking Layer, providing the initial missile warning/missile tracking warfighting capability of the National Defense Space Architecture (NDSA). These satellites will begin to launch in April 2025.

    The agreements are awarded to teams led by L3Harris Technologies, Inc. of Melbourne, Fla. and Northrop Grumman Strategic Space Systems of Redondo Beach, Calif. to each build a space segment consisting of two planes with seven space vehicles per plane - 14 satellites from each performer for a total of 28 satellites in four planes - to collect infrared data and provide network communications. Each agreement includes a launch services segment for launch preparation, and a ground segment for operations and sustainment.

    These prototypes will provide global and persistent indications, detection, warning, tracking, and identification of conventional and advanced missile threats, including hypersonic missile systems.

    "The T1 Tracking Layer effort is a critical step toward building the National Defense Space Architecture," said Derek Tournear, SDA director. "SDA is confident that selection of the L3 Harris and Northrop Grumman teams provides the best overall solution to accelerate delivery of a low-Earth orbit constellation with wide-field-of-view infrared sensors for a global missile warning and missile tracking capability in Tranche 1, on schedule. I'm pleased to see our industry partners building the marketplace necessary to quickly deliver new space capabilities to the warfighter."

    The Tranche 1 Tracking Layer will build upon the Tranche 0 Tracking Layer capabilities with targeted technology enhancements, expanded coverage, increased integration, established calibration processes, and greater production efficiencies. The Tracking Layer is focused on developing a global constellation of infrared missile warning and missile tracking satellites that integrate with the Transport Layer's low-latency meshed communication network, enabling conventional and advanced missile tracking from proliferated low-Earth orbit.

    The Tranche 1 Tracking Layer satellites will be flown out of SDA's Operations and Integration Centers at Grand Forks Air Force Base, N.D. and Redstone Arsenal, Ala.

    In fiscal year 2022 Congress provided SDA $550 million in additional funding to accelerate deployment of the Tracking Layer, with specific direction to demonstrate a space-based missile warning, tracking, and targeting capability in support of U.S. Indo-Pacific Command. The vision for the NDSA includes fielding a system that provides a resilient global capability to all combatant commands as rapidly and affordably as possible.

    SDA published the Tranche 1 Tracking Layer solicitation on March 17, two days after the President signed the fiscal year 2022 appropriations bill into law. Leveraging Other Transaction Authority, SDA completed a competitive source selection and finalized the agreements within four months of the published solicitation.

    "The speed with which SDA pursued this effort is commendable, given the severity of the hypersonic missile threat," said Christopher E. Kubasik, L3Harris Chair and Chief Executive Officer. "This prime contract is a testament to our growing impact in the space community, and affirms our strategy of being a Trusted Disruptor is gaining traction."

    "Northrop Grumman brings decades of proven experience in missile detection, identification, tracking and communication systems," said Robert Fleming, Northrop's Vice President and General Manager of the Strategic Space Systems Division. "We look forward to working with the Space Development Agency and our industry partners on the nation's most pressing challenges in missile defense."

    L3 Harris is awarded a prototype agreement with a potential value of approximately $700 million and Northrop Grumman Strategic Space Systems' award has a potential value of approximately $617 million. The proposal was received and evaluated under Other Transaction Authorities solicitation SDA-PS-22-02. The Space Development Agency of Washington, DC is the contracting activity (HQ08502290003)."

    [End of quotes" Above is from the internet and credit goes to the source.
    Autumn
  • R
    Rita
    Only $5 away from the recent low. Are we surprised with the current regime that knows NOTHING about economics!!!
  • U
    UnusualActivity
    6bn share buybacks + 20% dividend raise. This is awesome!
    Long LHX!
  • U
    UnusualActivity
    L3Harris Technologies (NYSE:LHX) declares $1.02/share quarterly dividend, 20% increase from prior dividend of $0.85.
  • M
    Michael
    Anyone have any advice on what I should do? My cost average for this is 186. I bought on friday literally minutes before wave 2 news came out. Im not sure if it will reach that point again or higher in the future and not sure if I should take the loss or hold
  • J
    Jase
    Guys, L3Harris announced today that they have become a prime contractor to design, build, and launch an entire constellation of spy satellites. Before this, they only contributed sensors and components to other prime contractors. This is big news for the stock and nobody seems to be noticing.

    https://spacenews.com/l3harris-developing-a-constellation-of-small-spy-satellites-for-u-s-air-force/
  • M
    Michael
    Will the debacle in Afghanistan mean more investment into defense stocks…especially since Biden needs to look tough now
  • S
    Speedy
    Bought ahead of earnings. More after earns which I think will be very good.

    My theory is that defense spending will tend more to communications products than hardware.
  • S
    Scott
    Jim Cramer, CNBC, just made a couple of comments that L3X is one of the key companies needed to defend these attacks due to their radar technology. He also mentioned RTN as a good play on this.
  • A
    Ashleigh Palmer
    Defense spending will not change regardless of who is in charge of the executive branch. Hard times like we are facing can make rational actors do irrational things. All the more reason to be strong on defense.
  • M
    Mustacho
    July 8, 2020. Great company but currently trading like a falling knife. I like a bargain as much as the next guy, but the Defense sector is out of favor as the Nasdaq hits new all time highs every day. If L3 announced that they were buying a “Cloud” company, the stock would jump Ten Percent. That’s how irrational the market is right now.
  • M
    Michael
    Any predictions if this stock will be at 245 by December?
  • S
    S
    I love L3 but this reads like it was written by the human resources director of the DNC.

    "The Sustainability Report aligns with frameworks provided by the Global Reporting Initiative and the Sustainability Accounting Standards Board. The company’s recently established ESG Executive Steering Committee drives and shapes the overall global strategy with oversight from the Board of Directors.

    L3Harris goals and actions highlighted in the report include:

    Environmental

    Committed to reducing Greenhouse Gas Emissions (GHG) by 30% and water use by 20%, and achieving solid waste diversion rate from landfills by 75% by 2026.

    Signed a renewable power purchase agreement to help avoid GHG emissions annually – equivalent to removing 24,000 cars from the road each year.

    Increased the number of Green Teams that help identify and implement resource conservation, pollution prevention and waste diversion initiatives.

    Social

    Committed to diversity with goals of 50% women globally and 33% persons of color in the U.S.

    Implemented rigorous safety procedures in response to the COVID-19 pandemic for employees working onsite, while supporting more than 20,000 employees working remotely.

    Engaged with communities in regions where employees live and work through volunteer efforts and financial grants focusing on STEM education, mission aligned programs and community enhancement.

    Governance

    Implemented an enterprise risk management process for the newly merged company.

    Established process with the Board of Directors to align strategic oversight on ESG matters, such as ethics and compliance programs and activities related to environmental sustainability, diversity and inclusion, and corporate citizenship.

    Expanded ethical and compliance review boards to ensure proper handling of related issues."
  • M
    Michael
    If Trump gets re-elected will this stock SURGE???
  • R
    Resry
    the stock has been almost straight down since June 10, yet i can't find any news anywhere. Anyone have any idea why? Covid doesn't seem a valid reason for this kind of drop.
  • T
    Turniptruckfaller
    That little uptick to $212 w/e 4/23 was Mulave rewarding the board members for their 885 shares each becoming vested, buybacks are only for boardroom privilege. See Form 4 filed with SEC.