L3Harris Technologies Inc NYSE:LHX Price, Chart, News & Insight

L3Harris Technologies reported strong first-quarter 2026 results, driven by robust demand across defense programs and solid execution.

Revenue increased 12% year-over-year to $5.7 billion (15% organically), while orders reached $7.8 billion, resulting in a strong book-to-bill ratio of 1.4 and pushing backlog to a record $40.7 billion.

Profitability improved, with operating margin rising to 11.4% (+120 basis points) and GAAP EPS jumping 33% to $2.72. Segment operating margin also edged higher to 15.7%.

The company highlighted strong alignment with evolving defense needs, benefiting from increased global demand and modernization efforts. Management expressed confidence in continued growth, updating its 2026 EPS guidance and reaffirming progress toward its longer-term financial targets.

Source: Company press release

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Global Finance News 04-30-26

L3Harris Technologies (NYSE: LHX) has declared a quarterly cash dividend of $1.25 per common share, payable June 26, 2026, to shareholders of record as of the close of business on June 5, 2026.

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The Investor 04-24-26

MAS, a subsidiary of L3Harris, and Lockheed Martin have announced a partnership to establish an F-35 aircraft sustainment depot in Quebec, strengthening Canada’s domestic defense capabilities. The facility will support maintenance and long-term upkeep of the country’s F-35 fleet, enabling greater in-country control over operations.

The collaboration includes the creation of a joint steering committee to define depot operations, workforce training, and sustainment strategies. The project is also expected to generate high-skilled aerospace jobs and support a broader industrial network of Canadian suppliers.

The depot will contribute to servicing a global fleet of over 1,300 F-35 aircraft, reinforcing supply chain capabilities and operational readiness.

Both companies said the initiative will enhance fleet performance, strengthen national defense infrastructure, and deliver economic benefits through local industry participation.

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WS Investor 04-21-26

L3Harris Technologies has secured U.S. Navy contracts to continue production of advanced submarine towed array systems through 2029, reinforcing undersea surveillance and detection capabilities.

The contracts cover the production of TB-29C and TB-34A sonar systems, which enhance submarine detection range and situational awareness, supporting efforts to maintain U.S. and allied undersea superiority amid evolving maritime threats.

L3Harris emphasized that the awards ensure continuity of critical manufacturing capabilities and supply chains, while supporting fleet modernization programs such as Columbia- and Virginia-class submarines. The company highlighted its end-to-end production expertise and scalable infrastructure as key to delivering reliable, mission-ready systems for naval operations.

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Global Finance News 04-17-26

L3Harris Technologies and Xoople have announced a collaboration to develop a next-generation spaceborne Earth measurement system designed for the artificial intelligence era. The initiative aims to overcome longstanding trade-offs between precision, scale, and timeliness in Earth observation by delivering highly accurate, globally consistent data at unprecedented levels.

The project centers on a satellite constellation capable of producing measurement data up to 100 times more advanced than current standards, forming what the companies describe as a reliable “system of record” for the physical world. This enhanced data infrastructure is intended to support AI-driven decision-making across governments and enterprises.

L3Harris will contribute advanced imaging payloads and systems engineering expertise, drawing on its experience in major space missions such as Hubble and the James Webb Space Telescope. Xoople will complement this with its background in commercial Earth observation and AI-enabled data processing.

Both companies emphasize that as AI systems increasingly guide real-world decisions, the demand for highly accurate and scalable Earth data is becoming critical, positioning precise measurement capabilities as a strategic advantage in a rapidly changing global environment.

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WS Investor 04-14-26

L3Harris Technologies has been selected by the U.S. Army to supply its next-generation night-vision system under the Binocular Night Observation Device (BiNOD) program, with a contract valued at up to $465 million over seven years.

The company will deliver its NOVA™ night-vision goggles, a helmet-mounted binocular system designed to provide enhanced situational awareness in low-light and all-weather conditions. The system incorporates advanced image intensifier technology to improve clarity, range, and reliability for military operations.

L3Harris plans to move quickly into production to equip soldiers with the new capability, which is expected to support operational needs for more than two decades.

The award builds on the company’s existing role in U.S. military night-vision programs, including previous deliveries of over 20,000 enhanced night-vision systems.

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European Investor 04-13-26

L3Harris Technologies is accelerating the production of satellite propulsion systems using additive manufacturing, aiming to significantly reduce delivery timelines for national security space assets.

The company is leveraging 3D printing technologies to manufacture key thruster components, cutting traditional production times—typically around 18 months—by up to 12 months. These advancements support faster deployment and replenishment of satellites critical to defense operations.

L3Harris noted that additively manufactured components are already flight-proven and are being scaled for broader use, including applications in rocket engines. The initiative reflects growing demand for rapid, flexible space manufacturing capabilities in response to evolving security challenges.

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European Investor 04-11-26

L3Harris Technologies announced it played a critical role in powering NASA’s Artemis II, the first crewed mission around the Moon in more than 50 years.

The company provided key propulsion and avionics systems, including RS-25 engines for the Space Launch System, the RL10 engine for the upper stage, and the Orion main engine used for lunar trajectory. L3Harris also delivered in-space thrusters, advanced avionics for flight control, and communication systems for astronauts.

In total, the company contributed more than 100 components to the mission, supporting launch, navigation, and in-flight operations during the 10-day journey.

L3Harris said the mission demonstrates its capabilities in space systems and supports NASA’s long-term goal of sustained human exploration of the Moon and future missions to Mars.

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The Investor 04-03-26

March 31, 2026 — L3Harris Technologies and Comtech Telecommunications announced the launch of a new tactical SATCOM modem, described as the first embeddable multi-orbit modem of its kind.

The 5650C2/MP modem enables seamless connectivity across multiple satellite orbits, including medium, geosynchronous, and highly elliptical orbits, allowing operators to access global, high-throughput communications through a single device. The system is designed for use with L3Harris’ tactical SATCOM terminals, enhancing deployment speed and operational flexibility.

The modem has been certified for use on SES’s mPower constellation and is undergoing further certification with U.S. Space Force systems. Built on a software-defined architecture, it supports rapid reconfiguration and advanced security features, including resistance to interference and jamming.

The companies said the innovation improves mission effectiveness by delivering resilient, secure, and flexible communications in demanding operational environments.

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WS Investor 04-01-26

L3Harris Technologies announced it will supply advanced sensor systems for a new uncrewed aircraft program supporting the Royal Canadian Navy.

The company will provide WESCAM CMX-8 electro-optical/infrared sensors to MDA Space Ltd. for integration into uncrewed aircraft systems under the ISTAR (Intelligence, Surveillance, Target Acquisition and Reconnaissance) program.

The systems are designed to enhance long-range surveillance, threat detection, and targeting capabilities, significantly improving maritime situational awareness for Canada’s Halifax-class ships.

The project reflects growing investment in unmanned systems and advanced imaging technologies to strengthen defense capabilities and support modern naval operations.

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WS Investor 03-30-26

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