L3Harris Reports Solid Q2 Earnings, Clinches Aerojet Deal
L3Harris had a strong second quarter and has been approved to go forward with its $4.7 billion acquisition of Aerojet Rocketdyne.
Credit: Timon Schneider/Alamy Stock Photo
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. “We don’t talk much about our sectors, but 13 of the 14 grew their top line in Q2 and 13 of 14 had a book-to-bill greater than 10. This gives me...
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