L3Harris Technologies, Inc.

LHX

US5024311095

Aerospace & Defense

Market Closed - Nyse Other stock markets 04:00:02 2024-07-12 pm EDT			5-day change	1st Jan Change
231 ^USD	+0.30%		+3.11%	+9.70%

Jul. 10	3M CFO Patolawala to leave company at end of July	RE
Jul. 09	Sidus Space Appoints Jeffrey Shuman as an Independent Director	CI

L3Harris Reorganizes Business Segments

January 03, 2022 at 09:00 am EST

By Matt Grossman

L3Harris Technologies Inc. said Monday that it is reorganizing its business by reducing the number of operating segments to three from four.

The company's operations will be organized into segments for integrated mission systems, space and airborne systems and communications systems.

Previously, L3Harris had an additional segment designated for aviation systems.

Chief Executive Christopher Kubasik described the rearrangement as a lean approach.

Write to Matt Grossman at matt.grossman@wsj.com

(END) Dow Jones Newswires

01-03-22 0900ET

Latest news about L3Harris Technologies, Inc.

3M CFO Patolawala to leave company at end of July	Jul. 10	RE
Sidus Space Appoints Jeffrey Shuman as an Independent Director	Jul. 09	CI
L3Harris Technologies, Inc.(NYSE:LHX) dropped from Russell Top 200 Value Index	Jun. 30	CI
L3Harris Technologies, Inc.(NYSE:LHX) dropped from Russell Top 200 Index	Jun. 30	CI
L3Harris Technologies, Inc.(NYSE:LHX) added to Russell Midcap Value Index	Jun. 30	CI
L3Harris Technologies, Inc.(NYSE:LHX) added to Russell Midcap Index	Jun. 30	CI
CesiumAstro, Inc. announced that it has received $65 million in funding from a group of investors	Jun. 17	CI
L3Harris to Collaborate With Accenture to Drive 'Technology Reinvention'	Jun. 17	MT
L3Harris Technologies, Inc. and Accenture Collaborate to Accelerate Technology Reinvention for Growth	Jun. 17	CI
Starliner flight is one big step for Boeing's space capsule, but many hurdles remain	Jun. 10	RE
L3Harris Technologies Secures $34 Million Contract to Upgrade B-52 Operations	Jun. 06	MT
L3harris Technologies Insider Sold Shares Worth $11,472,333, According to a Recent SEC Filing	Jun. 05	MT
L3Harris Technologies Sells Antenna, Related Businesses for $200 Million	Jun. 03	MT
Wells Fargo Adjusts Price Target on L3Harris Technologies to $262 From $245, Keeps Overweight Rating	Jun. 03	MT
Transcript : L3Harris Technologies, Inc. Presents at Bernstein?s 40th Annual Strategic Decisions Conference, May-30-2024 09:56 AM	May. 30
Viasat shares fall as slowing fixed broadband hurts revenue outlook	May. 21	RE
Department of Defense Extends Sidus Space and L3Harris? Mentor-Protégé Program for A Second Year	May. 21	CI
Norway sovereign wealth fund excludes three companies over ethical concerns	May. 15	RE
Norges Bank excludes three companies from government pension fund	May. 15	RE
Norges Bank Investment Mgmt Says Norges Bank Decided To Exclude Three Companies From Government Pension Fund Global	May. 15	RE
3M shareholders vote down executives' pay packages in annual meeting	May. 14	RE
Wells Fargo Raises Price Target on L3Harris Technologies to $245 From $238, Overweight Rating Maintained	May. 06	MT
Melius Research Raises Price Target on L3Harris Technologies to $259 From $254	May. 03	MT
Citigroup Adjusts Price Target on L3Harris Technologies to $253 From $245	May. 01	MT
JPMorgan Adjusts Price Target on L3Harris Technologies to $250 From $240	May. 01	MT

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L3Harris Technologies, Inc. specializes in the design, manufacturing and marketing of information and communication equipment for the defense, government agency, and commercial structure markets. Net sales break down by family of products as follows: - integrated mission systems (32.4%): intelligence, surveillance and reconnaissance systems, communication systems, electrical and electronic systems for marine platforms, advanced electro-optical and infrared solutions, etc. ; - space and airborne systems (28.3%): payload systems, sensors, complete mission solutions, confidential intelligence systems, cyber defense solutions, electronic warfare systems, etc; - communication systems (23.8%): tactical communication systems, broadband communications, integrated visual communications solutions, etc; - aviation systems (15.5%): air defense systems, commercial aircraft equipment, pilot training solutions and air traffic management systems. Net sales break down by source of income between sales of products (78.9%) and services (26.1%). The United States account for 90.2% of net sales.

Sector

Aerospace & Defense

Calendar

2024-07-24 - Q2 2024 Earnings Release

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S&P 500

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ESG Refinitiv

B+

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Sell

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Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

231 USD

Average target price

250.2 USD

Spread / Average Target

+8.31%

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L3Harris Technologies, Inc.

Equities

LHX

US5024311095

Aerospace & Defense

L3Harris Reorganizes Business Segments

Latest news about L3Harris Technologies, Inc.

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Income Statement Evolution

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Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Aerospace & Defense