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#NYSE:LHX

L3Harris Technologies highlighted the growing utility of advanced satellite and aerial imagery streaming platforms in a recent editorial dated April 29, 2025.

These on-demand services provide real-time access to high-resolution imagery for applications such as disaster response, environmental monitoring, and urban planning. Key offerings include satellite feeds like OneAtlas Living Library, Maxar’s MGP Pro, and PlanetScope, as well as aerial streams covering the U.S. and Europe. Users benefit from frequent updates, integration with GIS platforms, feature extraction tools, and scalable subscription pricing based on data usage. The company also offers assistance in planning image acquisition and scheduling updates tailored to project needs.
L3Harris Uses Commercial Approach to Accelerate Defense Innovation

L3Harris Technologies emphasized its use of a commercial business model to quickly deliver advanced, resilient communications systems to U.S. and allied forces. The company supports the shift toward faster, more flexible defense acquisition strategies as outlined in a recent executive order, which prioritizes commercial solutions in Department of Defense procurement.

For more than 50 years, L3Harris has applied internal research and development to build military-ready technology, most notably the Falcon® radio product line—including AN/PRC-117G, -152, -158, and -163. These software-defined radios meet strict NSA and military standards while enabling fast, affordable deployment and adaptability for evolving threat environments.

President of Communication Systems Sam Mehta stated that their commercial strategy allows L3Harris to anticipate tactical edge requirements and deliver secure, reprogrammable radios to conflict zones on short notice. President of Tactical Communications Chris Aebli noted that the company’s open-system design and real-time customer feedback help future-proof its products.

L3Harris radios are widely used in U.S. and international defense programs, including the Army’s HMS program, the U.K.’s Multi-Mode Radio initiative, and the Netherlands’ FOXTROT program. The commercial model enables same-week turnaround for radio orders and supports operations in some of the world's most contested environments.
The Board of Directors of L3Harris Technologies (NYSE: LHX) has declared a quarterly cash dividend of $1.20 per common share, payable June 18, 2025, to shareholders of record as of the close of business on June 3, 2025.
Why Resilient GPS (R-GPS) Matters for US Military Superiority

In a Space News editorial published on April 17, 2025, L3Harris Space Systems President Jeff Hanke emphasized the urgent need for Resilient GPS (R-GPS) to maintain U.S. military superiority amid rising global threats. GPS has long been a foundation for national security and economic stability, yet increasing electronic warfare tactics — such as those seen in Ukraine — expose vulnerabilities in traditional GPS systems.

To counteract these threats, R-GPS proposes a flexible constellation of satellites deployed in the same orbit as existing GPS. This system boosts M-Code signal strength regionally and enhances jam resistance, giving warfighters reliable access to Precision, Navigation and Timing (PNT) capabilities in contested environments.

Unlike traditional GPS upgrades, which are slow and expensive, R-GPS offers a faster, commercially aligned deployment timeline. It is designed to work seamlessly with existing M-Code equipment and control systems, enabling rapid improvements without overhauling the infrastructure.

L3Harris argues that adopting R-GPS alongside widespread deployment of M-Code receivers is essential to ensuring PNT reliability and securing future battlefield dominance.
L3Harris expands Indiana facility to support missile defense

L3Harris Technologies has completed a $125 million expansion of its Fort Wayne, Indiana facility. The 95,000-square-foot site will support the Department of Defense’s missile defense programs as part of efforts to build a “Golden Dome” defense shield over the U.S.

The expansion will boost production of on-orbit technology, enabling L3Harris to produce up to 48 payloads annually. The facility will support engineering, integration, testing, and program management for satellite-based defense systems.

The investment supports ongoing work for the Space Development Agency and the Missile Defense Agency, including 34 satellites in progress and 5 already on orbit. The facility also contributes to civil weather satellite programs.

The project is expected to create jobs and strengthen the local economy while advancing national security goals.
L3Harris Calzoni Celebrates 190 Years in Italy’s Naval Industry

L3Harris’ Calzoni business, founded in 1834 in Bologna, marked its 190th anniversary in 2025, highlighting its long-standing role in advancing naval technologies. Integrated into L3Harris’ Undersea Systems division since 2012, Calzoni has become a key player in both Italian and international naval sectors, known for integrated sensors, payload handling systems, and visual landing aids.

Calzoni’s early innovations began with Alessandro Calzoni’s application of oleo dynamic systems in agriculture. During World War I, the company transitioned to supplying systems for submarines and pioneered non-penetrating mast-raising equipment in the 1960s. Since the 1990s, it has been a core supplier to the U.S. Navy.

The company operates from an 11,000-square-meter facility in Calderara di Reno, Bologna, and in 2023 expanded with a 5,500-square-meter site dedicated to unmanned vehicles and ship handling systems. Calzoni now serves over 40 navies globally and is a market leader in systems such as snorkels, gas exhausts, and helicopter landing lights.

Recent innovations include:

- Hunterwater: A system-of-systems for minehunting using unmanned surface and underwater vehicles like Rovscan and Iver AUVs.
- ZHIVAGO: A patented autonomous launch and recovery system using cable robot and robotic motion technology.
- E-conversion technology: Powering azimuth thrusters, low-signature propulsion systems, and hoisting actuators for new Italian Navy submarines.

L3Harris emphasizes that this 190-year legacy is driven by a skilled workforce and a continuous focus on innovation, supporting its commitment to modernizing global naval capabilities.
L3Harris Completes Key Review for Upgraded Space Force Satellite Disruption System

L3Harris Technologies announced it has successfully passed the System Verification Review (SVR) for the U.S. Space Force’s upgraded Counter Communications System (CCS), codenamed Meadowlands. This milestone confirms that the new system meets performance requirements and is ready for operational deployment.

Meadowlands represents the latest evolution in U.S. space control technology. Designed to disrupt adversarial satellite communications, it uses ground-based radio frequency units to deny hostile forces access to space-based assets. Compared to previous versions, the Meadowlands upgrade is more compact, transportable, and cost-effective.

Andy Builta, Vice President and General Manager of Surveillance Systems at L3Harris, emphasized the strategic importance of this technology. “Our adversaries are more capable and dangerous than ever before. Denying our enemies the ability to use space assets is crucial to protect U.S. military operations and warfighters,” he said.

Meadowlands features a more open software architecture, making future updates easier and faster. It offers enhanced automation and greater jamming efficiency, improving the Space Force’s ability to counter evolving threats in real time. The upgrade builds on the CCS program that achieved Initial Operating Capability in March 2020.

The SVR, held at L3Harris' Palm Bay facility, included testing, demonstrations, and performance analyses. It focused on ensuring robust operational execution and reducing overall program risk.

Meadowlands is part of L3Harris’ broader portfolio supporting U.S. Space Force space superiority and electronic warfare capabilities. The system will help ensure U.S. forces maintain control of the electromagnetic spectrum and deny that advantage to adversaries.
L3Harris Delivers First Missionized Skyraider II Aircraft for Special Operations Use

L3Harris Technologies and Air Tractor have delivered the first OA-1K Skyraider II aircraft to the U.S. Air Force Special Operations Command. Built on L3Harris' OA-1 Sky Warden platform, the Skyraider II supports missions including close air support, precision strike, and armed ISR, and is capable of operating from rugged, remote airfields. The aircraft is part of SOCOM’s Armed Overwatch program and is designed to meet the National Defense Strategy by offering flexible and cost-effective mission capabilities. Additional deliveries are on schedule.
L3Harris Technologies (NYSE: LHX) will release its first quarter 2025 financial results before the market opens on Thursday, April 24, 2025.

The company will then host an earnings call on Thursday, April 24, 2025, at 10:30 a.m. ET. Participants are encouraged to listen via webcast at L3Harris.com.

A recording of the call will be available on L3Harris.com beginning at approximately 12 p.m. ET on April 24, 2025.
L3HARRIS SOLID ROCKET MOTORS POWER SUCCESSFUL U.S. MISSILE DEFENSE TEST

L3Harris Technologies has successfully demonstrated its new eSR-19 advanced large solid rocket motor in a recent U.S. Missile Defense Agency test. The air-launched Medium Range Ballistic Missile target, equipped with a Hypersonic Target Vehicle, was launched from a C-17 aircraft near Hawaii. The test, known as Flight Test Other-40, showcased the missile’s capabilities and helped the USS Pinckney track and simulate interception using an upgraded Standard Missile 6.

The eSR-19 motor, an enhanced version of the SR-19 used in Minuteman III missiles, features a lighter composite case and other improvements to increase performance. The motor powered the missile's first and second stages during the exercise. According to Aerojet Rocketdyne President Ken Bedingfield, the new design allows for a wider range of realistic target scenarios, helping the Missile Defense Agency develop and refine test strategies.

This successful test marks the 39th launch by L3Harris in support of the U.S. missile defense program, reinforcing the company’s role in strengthening national security through advanced propulsion and target systems.
L3Harris Technologies, Inc. has entered into a new $2.5 billion, five-year senior unsecured revolving credit facility, replacing its previous $2 billion facility. The new agreement, effective February 18, 2025, allows the company to borrow, prepay, and re-borrow funds under specific conditions. The facility includes provisions for wholly-owned subsidiaries in the U.S., Canada, or the U.K. to be designated as borrowers, with obligations guaranteed by L3Harris.

Additionally, L3Harris established a new $500 million, 364-day senior unsecured revolving credit facility, replacing a prior $1.5 billion facility that matured on January 24, 2025. This facility allows for borrowing and repayment through February 17, 2026, with interest rates tied to SOFR or base rate benchmarks.

Both agreements include customary financial covenants, representations, and warranties, and they provide flexibility for L3Harris to manage its capital needs. The prior credit agreements have been terminated without penalty.
L3Harris Technologies reported strong fourth-quarter and full-year 2024 financial results, achieving a record $34 billion backlog and surpassing cost-saving targets. Fourth-quarter revenue increased 3% to $5.5 billion, with full-year revenue rising 10% to $21.3 billion, reflecting solid demand across its defense and aerospace businesses. GAAP diluted EPS for Q4 was $2.37, while non-GAAP diluted EPS was $3.47. For the full year, GAAP diluted EPS was $7.87, and non-GAAP diluted EPS reached $13.10. Adjusted free cash flow for 2024 totaled $2.3 billion, a 14% increase.

Key business segments showed mixed performance: Integrated Mission Systems (IMS) revenue grew 9% in Q4, driven by higher aircraft missionization volume and increased demand for advanced electronics. Communication Systems (CS) revenue rose 5% on strong international demand for tactical radios. Space & Airborne Systems (SAS) saw a 4% revenue decline, mainly due to lower F-35-related volume, while Aerojet Rocketdyne (AR) revenue increased 5% as missile production ramped up.

The company is targeting $1.2 billion in cost savings from its LHX NeXt initiative by 2025, a year ahead of schedule. For 2025, revenue is projected between $21.8 billion and $22.2 billion, with adjusted segment operating margin expected in the mid-to-high 15% range. Non-GAAP diluted EPS (new methodology) is forecasted between $10.55 and $10.85, reflecting a 10% growth.

L3Harris remains focused on operational efficiencies, international expansion, and shareholder returns, leveraging its position as a leading defense contractor in a dynamic global market.