L3Harris Invests $40 Million to Boost U.S. Rocket Motor Production [Yahoo! Finance]
L3Harris Technologies, Inc. (LHX)
Last l3harris technologies, inc. earnings: 2/4 06:30 am
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Source: Yahoo! Finance
According to the company, the effort will boost solid rocket motor production and add new jobs in the community. The defense contractor will build new facilities, buy new equipment and hire 80 employees over the next three years. Most of the $41.2 million investment will come from the cooperative agreement L3Harris subsidiary, Aerojet Rocketdyne, signed with the Department of Defense last year. The company will contribute some capital, and the local government will chip in some $2.18 million in incentives. Most Read on IEN: Tesla Wants Shareholders to Reinstate $56 Billion Pay Package for Musk Major Auto Supplier Faces Fine After Fatal Crushing Accident Hyundai to Test New Humanoid Robot from Boston Dynamics BAE to Modernize WWII-Era Ammunition Plant Last April, the DoD's Office of Manufacturing Capability Expansion and Investment Prioritization (MCEIP) entered a $215.6 million agreement with Aerojet to upgrade facilities in Camden, Arkansas; Huntsville, Alabama; and Ora
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LHX
News
- L3Harris: Q1 Beat And Raise Confirms Top Pick [Seeking Alpha]Seeking Alpha
- Is L3Harris Technologies (LHX) Stock Outpacing Its Aerospace Peers This Year? [Yahoo! Finance]Yahoo! Finance
- L3Harris Technologies, Inc. (NYSE: LHX) had its price target raised by analysts at JPMorgan Chase & Co. from $240.00 to $250.00. They now have an "overweight" rating on the stock.MarketBeat
- L3Harris Technologies Insiders Sold US$3.0m Of Shares Suggesting Hesitancy [Yahoo! Finance]Yahoo! Finance
- L3Harris Technologies, Inc. (NYSE:LHX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
LHX
Earnings
- 4/25/24 - Beat
LHX
Sec Filings
- 5/1/24 - Form S-8
- 4/26/24 - Form 10-Q
- 4/25/24 - Form 8-K
- LHX's page on the SEC website