L3Harris quarterly revenue misses estimates on government shutdown pressures [Yahoo! Finance]
L3Harris Technologies, Inc. (LHX)
Last l3harris technologies, inc. earnings: 2/4 06:30 am
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Source: Yahoo! Finance
The shutdown, the longest in the country's history, lasted 43 days ?and ended in November, disrupted procurement activity for the military and hurt defense suppliers like L3Harris. Shares of ?L3Harris fell 5% in premarket trading in New York. The company took a hit in its space systems business, which was also bogged down by lower volumes in its classified intel and cyber program. In October, CEO Christopher Kubasik said that the shutdown was also ?slowing down its international export ?licenses and cash collections. L3Harris also saw lower fourth-quarter sales for its civil communication products, which partially offset electronic warfare-related gains in ?its communication systems business. Additionally, U.S. defense contractors, like other industries with complex manufacturing operations, have been impacted by U.S. President Donald Trump's trade war, which has pressured an already strained supply ?chain. Larger peer RTX said on Tuesday that it took a hit of $600 ?milli
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LHX
News
- L3Harris Technologies (NYSE:LHX) had its "outperform" rating reaffirmed by analysts at Sanford C. Bernstein.MarketBeat
- L3Harris Technologies (NYSE:LHX) had its price target raised by analysts at JPMorgan Chase & Co. from $340.00 to $395.00. They now have an "overweight" rating on the stock.MarketBeat
- L3Harris Technologies (NYSE:LHX) had its "buy" rating reaffirmed by analysts at Citigroup Inc..MarketBeat
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- L3Harris Red Wolf Award Deepens Role In Long Range Precision Strike [Yahoo! Finance]Yahoo! Finance
LHX
Earnings
- 1/29/26 - Beat
LHX
Sec Filings
- 2/6/26 - Form 4
- 2/6/26 - Form 4
- 2/6/26 - Form 8-K
- LHX's page on the SEC website