L3Harris Technologies

Politics, historical context and the workings of the U.S. defense industrial complex are among the reasons.

The FAA’s draft rule on equipping new aircraft with cockpit voice recorders that capture at least 25 hr. of data has stakeholders sharply divided.

The Space Development Agency plans to launch its last group of Tranche 0 missile Tracking Layer demonstration satellites on a SpaceX Falcon 9 launch vehicle.

U.S. defense contractor L3Harris and Emirati light attack aircraft developer Calidus have teamed up to develop an exportable version of the Calidus’ B-250.

Large spans of water and a lack of strategic depth in some countries make airborne early warning assets a valuable commodity for air forces in the region.

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.

The aerospace and defense sector could experience modest mergers and acquisitions activity this year.

Ahead of an expected major award for a new fleet, delays hit prototypes that had been expected to be fielded in January 2024.

Space tech companies largely shrugged off 2023’s broad slowdown in VC investment given their strategic importance, according to the latest Seraphim Space Index.

The U.S. Space Development Agency has awarded three companies $2.5 billion worth of contracts to supply 54 Tranche 2 missile Tracking Layer satellites.

The U.S. Army on Jan. 3 announced it ordered one Bombardier Global 6500, with options for two more.

The Tracking Layer satellites are to be part of the first group of operational missile-tracking spacecraft in the Proliferated Warfighter Space Architecture.

Industry titans will continue to sell off businesses, and private equity will continue to play a central role.

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.

Most fighter aircraft made in the U.S. are in line to get improved radar warning receivers and self-protection jammers.

The news comes as the company works to pay down debt associated with its acquisition of Aerojet Rocketdyne.

The spacecraft is the Pentagon’s first experimental navigation satellite in nearly 50 years.

Canadian simulation and training leader CAE has no intention of diversifying away from aerospace and defense.

Firefly Aerospace’s valuation has reached $1.5 billion following the conclusion of another tranche of financing in its Series C round.

Defense contractor L3Harris’ sales beat Wall Street’s expectations, as did its earnings per share of $3.19.

Sierra Nevada Corp. has won the latest prototype award, facing off against a team led by L3Harris Technologies.

Taiwan has operated six Northrop Grumman E-2K Hawkeye aircraft with APS-145 radars, but the air force been looking for a replacement.

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.