Aerojet Rocketdyne Holdings Inc (NYSE: AJRD) is trading up on Monday after L3Harris Technologies Inc (NYSE: LHX) said it will buy the rocket engine manufacturer for $4.70 billion. What’s in it for Aer...
Tag: L3Harris
L3Harris Technologies Acquires Aerojet Rocketdyne For $4.7B
L3Harris Technologies Inc (NYSE: LHX) has agreed to acquire Aerojet Rocketdyne Holdings Inc (NYSE: AJRD) for $58 per share in an all-cash transaction valued at $4.7 billion, including debt. The per-sh...
It’s Been 50 Years Since the Air Force Last Operated a Single Engine Tail-Dragger. How Will It Train New OA-1K Pilots?
The L3Harris/Air Tractor AT-802U Sky Warden, now formally called the OA-1K by the Air Force, on … [+] display at the 2022 Special Operations Forces Industry Conference (SOFIC) in Tampa Bay, FL. ...
Here’s why Cramer thinks L3Harris Technologies stock is a buy
CNBC’s Jim Cramer on Thursday gave investors his blessing to buy shares of L3Harris Technologies, an aerospace and defense play. “Recently, the stock’s come down dramatically from it...
L3Harris announces an acquisition: ‘huge win for the warfighter’
L3Harris Technologies Inc (NYSE: LHX) is buying “Link 16” from Viasat Inc (NASDAQ: VSAT) for $1.96 billion to capitalise on increased U.S. spending on “defense”. CEO Kubasik&rs...
Lockheed’s competitor L3Harris nabs $3 billion U.S. special operations contract
U.S. Special Operations Command (USSOCOM) awarded a contract under the Armed Overwatch program on August 1 to L3Harris Technologies (NYSE: LHX) and their Air Tractor’s AT-802U Sky Warden system. Notab...
L3Harris Technologies delivers mixed Q4 2021 results
L3Harris Technologies Inc. (NYSE: LHX) has reported its Q4 and fiscal 2021 results and issued fiscal 2022 financial guidance. In the fourth quarter, the company reported revenue of $4.4 billion, a 7% ...