Big Bet On Solid Rocket Motors Slowly Pays Off For L3Harris

 L3Harris had a strong third quarter driven by growth in its mature businesses, while Aerojet Rocketdyne remains a work in progress.

Credit: Julian Leek / Alamy Stock Photo
L3Harris met Wall Street’s revenue expectations and exceeded a net income consensus estimate in the September quarter, buoyed by brisk sales in its Communications and Integrated Missions Systems businesses. Overall, sales rose 5% year-on-year to $8 billion, earnings per share climbed to $2.34 and...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

Subscription Required

 

Big Bet On Solid Rocket Motors Slowly Pays Off For L3Harris is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.

Not a member?  Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.