L3Harris Technologies releases second quarter results in earnings statement

L3Harris Technologies, Inc. (NYSE:LHX), a prominent aerospace and defense company with a market capitalization of $50.4 billion, announced the release of its second quarter financial results on Thursday. The company, whose stock is trading near its 52-week high of $270.15 and has delivered an impressive 29.55% return year-to-date, disclosed this information in a press release statement furnished to the Securities and Exchange Commission.

The details of the financial results were provided in an earnings release attached as an exhibit to the company’s Form 8-K filing. No specific financial data or performance metrics were included in the filing itself.

L3Harris Technologies is based in Melbourne, Florida and is listed on the New York Stock Exchange under the ticker LHX. The information is based on a press release statement included in the company’s SEC filing.

In other recent news, L3Harris Technologies has been awarded a $29.3 million contract modification by the Department of Defense for Cockpit Selectable Height of Burst Sensor technology, increasing the total contract value to $161.1 million. This work will be conducted in Cincinnati, Ohio, and is expected to be completed by August 2029. Additionally, the company announced plans to invest nearly $500 million to construct a large solid rocket motor production campus in Camden, Arkansas. The new campus will span 110 acres and include over 20 buildings dedicated to rocket motor propulsion, adding significant manufacturing and office space to the site.

L3Harris is also set to raise the annual equity retainer for its non-employee directors from $190,000 to $200,000, effective January 3, 2026. This adjustment follows a recommendation from the board’s Nominating and Governance Committee. In further developments, L3Harris introduced the Red Wolf and Green Wolf launched effects vehicles, designed to meet advanced munitions requirements for the Department of Defense. These vehicles offer capabilities for long-range precision strikes and electronic warfare, respectively, and can be launched from various platforms.

The expansion in Arkansas will create 50 new jobs over two years, contributing to L3Harris’s workforce in Camden, which currently numbers approximately 1,300 employees. This project is part of a broader $500 million investment across the company’s production sites.

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