L3Harris highlights the potential for the acquisition of Aerojet Rocketdyne to help the defense contractor become a larger player in space and missile systems.
L3Harris Technologies is adding two members to its board of directors, including a former CEO of erstwhile Raytheon, a deal with activist investor D.E. Shaw.
Ken Bedingfield, a former chief financial officer at Northrop Grumman, is taking the same position at L3Harris Technologies, the latter announced Dec. 4.
Lockheed Martin’s aeronautics division took a sales hit in the third quarter of fiscal 2023 as continued F-35 delivery delays ate into the bottom line.
L3Harris is expanding its presence in the aftermarket by getting into the used equipment business, a space in which it historically has not participated.
BAE Systems and L3Harris Technologies has delivered the first EC-37B Compass Call aircraft to the U.S. Air Force for developmental and operational testing.
Lockheed has further delayed delivery of the first F-35 upgraded with new avionics, to the second quarter of 2024, adding to a backlog of deferred shipments.
The Missile Defense Agency (MDA) plans to launch the two prototype satellites for its Hypersonic and Ballistic Tracking Space Sensor system later this year.
Editors discuss Northrop's exit from the U.S. Air Force’s competition to replace the F-22 and the implications of L3Harris’ acquisition of Aerojet Rocketdyne.
L3Harris reported revenue of $4.69 billion in the second quarter, up 13.5% annually, while its earnings per share (EPS) of $2.97 beat analysts’ estimates.
