About L3Harris Technologies, Inc. Common Stock (LHX)
L3Harris Technologies is a leading global aerospace and defense technology company that specializes in providing advanced communication and electronic systems, software, and services to government and commercial customers. The company combines cutting-edge technologies with deep industry expertise to deliver solutions in areas such as satellite communications, tactical communications, public safety, and electronic warfare. L3Harris focuses on innovation and integration, leveraging its extensive portfolio to meet the complex needs of military, intelligence, and civilian applications, enabling enhanced operational capabilities and ensuring safety and security across various sectors. Read More
Two U.S. lawmakers are being called out after disclosing their stock purchases involving defense contractor L3Harris Technologies Inc. (NYSE: LHX), in the lead up to conflict with Iran, while serving on the Congressional Armed Services Committee.
Investors embraced a risk-on mood Monday, showing optimism that Iran might seek a diplomatic solution to the crisis despite continued hostilities with Israel.
Let's have a look at what is happening on the US markets in the middle of the day on Monday. Below you can find the top S&P500 gainers and losers in today's session.
U.S. stocks retreated Friday as geopolitical tensions erupted following Israel's surprise airstrike on Iranian nuclear sites, sparking a sharp rally in oil and gold.
Shares of Lockheed Martin, RTX, and other defense companies rose after Israel struck over 100 targets in Iran, while travel stocks fell on concerns around the rising cost of crude oil.
Shares of defense stocks Rtx Corp (NYSE: RTX), Lockheed Martin Corp (NYSE: LMT) and General Dynamics Corp (NYSE: GD) climbed 4.6%, 4.2% and 1.2%, respectively during Friday pre-market trading session amid Israel's intensifying military operations in Lebanon and Iran.
Large-cap defense stocks will be among the biggest winners in a Golden Dome project; here are three companies that will likely be among the biggest winners
The Congressional Budget Office estimates that the U.S. may have to spend as much as $542 billion over 20 years to develop and launch the space interceptors.
President Donald Trump once again revived his long-simmering "Golden Dome" missile defense idea, this time bringing Canada into the fold, but with a provocative condition.
In a recent development, North Korea's foreign ministry has expressed strong disapproval of the U.S. Golden Dome missile defense shield project, terming it a "very dangerous threatening initiative," as per state media KCNA news agency.
Defense contractor L3Harris Technologies (NYSE: LHX) has agreed to pay $62 million to settle allegations of deceit over equipment pricing sold to the U.S. military. This comes as the company is involved in modifying a luxury Boeing 747 for the new Air Force One.
