We’re implementing some exciting updates this weekend, so you might encounter occasional issues. Be sure to come back on Monday and check out our dedicated Defense and Space channels!

L3Harris Closes Out 2023 On High Note

L3Harris posted solid results in the fourth quarter, with its earnings per share coming in slightly ahead of Wall Street’s estimate.

Credit: Alamy Stock Photo
L3Harris’s revenue jumped 17% annually in the fourth quarter to $5.3 billion, while adjusted earnings per share of $3.35 were about 1% ahead of consensus estimates. Investors reacted positively to the news, with the company’s shares up about 5% and trading as of midday on Jan. 26 at $209.54. Roughly...
Matthew Fulco

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

Subscription Required

 

L3Harris Closes Out 2023 On High Note 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.