L3Harris Technologies stock posts 8.4 percent revenue growth
L3Harris Technologies (LHX) reported an 8.4% increase in quarterly revenue, reaching $5.88 billion, with adjusted EPS of $3.13, surpassing analyst estimates. Despite beating earnings and revenue forecasts, the stock closed down 0.76% at $236.60 on October 2, 2026, near its 52-week low. The company also secured a significant undefinitized contract with Lockheed Martin for THAAD propulsion, valued at over $6 billion, enhancing revenue visibility but leaving profit details to be finalized.
L3Harris Technologies (LHX) After The $6b THAAD Win Looks Mispriced
L3Harris Technologies (LHX) recently secured a significant $6 billion contract from Lockheed Martin for THAAD propulsion production, yet its stock price has been declining. Despite a 3-year total shareholder return of nearly 53%, the share price has dropped 7.7% in the past month and 22.3% year-to-date, suggesting it may be undervalued. Analysts and intrinsic value estimates place its fair value much higher than its current trading price, driven by projected growth in the U.S. defense budget and strong positioning in missile and space programs.
L3Harris Technologies (NYSE:LHX) Stock Lifted to Buy by Wall Street Zen
Wall Street Zen has upgraded L3Harris Technologies (NYSE:LHX) stock from a "hold" to a "buy" rating, while the broader analyst consensus remains a "Moderate Buy" with an average price target of $355.92. The company recently surpassed quarterly earnings expectations, reporting $3.13 EPS against an anticipated $2.80, and generated $5.88 billion in revenue, an 8.4% increase year-over-year. Despite institutional ownership accounting for 84.76% of the stock, shares opened at $236.64, near their one-year low, and below their 50-day and 200-day moving averages.
L3Harris Technologies, Inc. (LHX) Options Chain - Yahoo Finance
This article provides an options chain for L3Harris Technologies, Inc. (LHX) as listed on Yahoo Finance. It shows details for calls and puts, though at the time of publication, there were no calls or puts listed as "In The Money." The article also includes current stock prices and market data for LHX.
L3Harris Technologies, Inc. (LHX) Options Chain
This article provides detailed options chain data for L3Harris Technologies, Inc. (LHX), including calls and puts with various strike prices and expiration dates. It lists the last trade date, last price, bid, ask, change, percentage change, volume, open interest, and implied volatility for each option. The data shows LHX's stock price movement both at market close and after hours.
L3Harris Lands $6B+ THAAD Propulsion Contract From Lockheed Martin: Here’s What Investors Need To Know
L3Harris Technologies secured an undefinitized contract worth over $6 billion from Lockheed Martin to significantly expand propulsion production for the Terminal High Altitude Area Defense (THAAD) system. This involves building a new facility for THAAD Solid Rocket Boost Motor production and expanding capacity for Liquid Divert and Attitude Control systems. This contract follows a separate $4.7 billion PAC-3 MSE propulsion contract, reinforcing L3Harris's growing role in missile defense manufacturing.
A director receives 183.51 stock-linked units at L3Harris (LHX) after deferring cash retainers.
Joanna Geraghty, a director at L3Harris Technologies (LHX), acquired 183.51 phantom stock units on October 1, 2026, by deferring quarterly cash retainers. These units, valued at $238.40 per share, are subject to settlement solely in L3Harris common shares upon her separation from service. Her direct post-transaction holdings now total 5,912.68 units, including additional units from dividend credits.
An executive acquires 26.94 cash-settled retirement units at L3Harris (LHX).
Kenneth L. Bedingfield, President of Missile Solutions at L3Harris Technologies (LHX), acquired 26.94 phantom stock units on October 1, 2026, under the Excess Retirement Savings Plan. These units are economically equivalent to common shares but will be settled in cash upon retirement or other events. Following this transaction, Bedingfield's total reported position in these units is 381.18.
A director receives 157.3 units tied to L3Harris (LHX) shares after deferring cash retainers.
L3Harris Technologies, Inc. director David S. Regnery received 157.3 phantom stock units on October 1, 2026, by deferring his quarterly cash retainers. These units, which include 14.12 units from dividend credits, will be settled in L3Harris common stock when he separates from service, bringing his total reported position to 2,987.21 phantom stock units. This transaction occurred under the 2019 Non-Employee Director Compensation Plan, reflecting a common incentive structure for non-employee directors.
Deferred cash retainers credit an L3Harris (LHX) director with 157.3 stock-linked units.
L3Harris Technologies director Christina L. Zamarro acquired 157.3 phantom stock units on October 1, 2026, priced at $238.40 per share, as part of the company's 2019 Non-Employee Director Compensation Plan. These units represent a credit for her deferred quarterly cash retainers and will be settled in L3Harris common stock upon her separation from service. Her total holdings after this transaction now stand at 6,453.35 shares, including units from dividend credits.
RTX Secures a $511.5M Contract to Support AN/SPY-6(V) Family of Radars
RTX Corporation's Raytheon business segment has secured a $511.5 million contract modification for the AN/SPY-6(V) family of radars, which are designed for air and missile defense. The contract, awarded by the Naval Sea Systems Command, is expected to be completed by November 2031. This deal highlights the growing demand for military radars amid rising geopolitical tensions, benefiting companies like RTX and other defense contractors such as Lockheed Martin, Northrop Grumman, and L3Harris Technologies.
RTX Secures a $511.5M Contract to Support AN/SPY-6(V) Family of Radars
RTX Corporation's Raytheon segment secured a $511.5 million contract modification to support its AN/SPY-6(V) family of radars, which are crucial for air and missile defense. The AN/SPY-6 system offers enhanced detection and threat discrimination for naval vessels, including new destroyers and aircraft carriers. This contract and the growing demand for military radar technology, driven by geopolitical tensions, are expected to benefit RTX and other defense contractors like Lockheed Martin, Northrop Grumman, and L3Harris Technologies.
L3Harris’ $6 Billion THAAD Win Comes at a Crucial Moment for the Stock
L3Harris Technologies secured a substantial $6 billion, seven-year contract from Lockheed Martin for THAAD propulsion, significantly expanding its revenue backlog. This comes amidst a planned IPO for its Missile Solutions unit, backed by a $1 billion Pentagon investment, though the IPO has been delayed to mid-2027. The company's stock has faced downward pressure due to a recent leadership change and investor-rights investigations, but analysts maintain a "Moderate Buy" rating, citing the long-term potential of defense spending and the company's operational stability.
Labcorp Holdings Inc. (NYSE:LH) Stock Has Average Price Target of $337.73 According to Brokerages
Labcorp Holdings Inc. (NYSE:LH) has an average price target of $337.73 from brokerages, with analysts maintaining a "Moderate Buy" rating. The company exceeded quarterly expectations, reporting $4.99 EPS and $3.73 billion in revenue, and declared a quarterly dividend of $0.72 per share. Insider selling of 8,593 shares worth approximately $2.7 million was reported last quarter.
L3Harris Technologies Awarded $461.9 Million Satellite Communications Contract
L3Harris Technologies has been awarded a $461.9 million contract by the Space Systems Command to modernize the satellite communication ground control infrastructure for the U.S. Space Force's Satellite Control Network. This contract aims to enhance the resilience, cyber security, and operational efficiency of the network, ensuring critical communication capabilities for national security space missions. The upgrades will support various satellite programs and missions, including future satellite constellations.
Boeing’s $20B 6th-Gen Fighter Win Puts This ETF’s Defense Opportunity in Focus
Boeing has been selected by the U.S. Navy to develop its F/A-XX sixth-generation fighter, a program valued at over $20 billion, making it Boeing's second major sixth-generation fighter project. This development highlights the Gabelli Commercial Aerospace & Defense ETF (GCAD) as an interesting investment, as it provides exposure to the broader defense supply chain, including companies involved in engines, sensors, and mission systems. The article emphasizes that manned aircraft will continue to be crucial alongside autonomous systems due to challenges like electronic warfare.
Can L3Harris' FAA Air Traffic Modernization Support Growth?
L3Harris Technologies (LHX) is well-positioned to benefit from increased federal spending on air traffic control modernization through its Mission Networks business, which saw a significant revenue surge in 2025. The company's capabilities in communications and networking for air traffic management, coupled with a substantial contractual backlog, are expected to drive future growth. Other companies like RTX Corporation and Honeywell International are also contributing to the modernization efforts in this sector.
EBITDA of L3Harris Technologies Inc – HAN:HRS
This article provides financial data specifically on the EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for L3Harris Technologies Inc (HAN:HRS) on the Hannover Stock Exchange. It notes the market status as closed with no trades, and the content is presented by TradingView, with data sourced from ICE Data Services and FactSet.
L3harris technologies stock hits 52-week low at 234.5 USD
L3Harris Technologies Inc. (LHX) stock has fallen to a 52-week low of $234.24, marking a 31% decline over six months and 18% year-to-date. Despite the downturn, InvestingPro data suggests the stock is oversold and potentially undervalued. The company recently exceeded Q2 2026 earnings expectations and secured a significant contract, though analyst ratings are mixed due to leadership changes and a planned IPO.
L3harris technologies stock hits 52-week low at 234.5 USD By Investing.com
L3Harris Technologies Inc. (LHX) stock has fallen to a 52-week low of $234.24, experiencing a 31% decline over the past six months and 18% year-to-date. Despite this, InvestingPro suggests the stock is oversold and potentially undervalued. The company recently reported better-than-expected Q2 2026 earnings and secured a significant contract, though analyst ratings are mixed due to leadership changes and an upcoming IPO.
L3harris technologies stock hits 52-week low at 234.5 USD By Investing.com
L3Harris Technologies stock has dropped to a 52-week low of $234.24, experiencing a 31% decline over the past six months and 18% year-to-date. Despite the downturn, InvestingPro data suggests the stock is oversold and potentially undervalued. The company recently surpassed Q2 2026 earnings expectations and secured a significant defense contract, though analyst ratings are mixed due to leadership changes and a planned IPO.
Can L3Harris' FAA Air Traffic Modernization Support Growth?
L3Harris Technologies is well-positioned to grow from increased spending on FAA air traffic control modernization through its Mission Networks business. The company saw a $375 million surge in Mission Networks revenues in 2025, driven by FAA volume, which helped offset declines in other areas. Federal funding, including $12.5 billion for FAA modernization in the 2026 reconciliation package, is expected to create further opportunities for L3Harris and other companies like RTX and Honeywell involved in air traffic management solutions.
Can Electronic Warfare Demand Support RTX's Defense Growth?
RTX Corporation is poised to benefit from increasing demand for advanced electronic warfare capabilities, particularly from the U.S. Navy. A recent $50.1 million delivery order to repair components for the EA-18G Next Generation Jammer-Mid Band system highlights this trend and ensures continued work for RTX through lifecycle support. Other defense contractors like Northrop Grumman and L3Harris Technologies are also expected to gain from the rising investment in electronic warfare and aircraft survivability systems.
LMT vs. RTX: Which Defense Dividend Actually Has the Staying Power?
This article compares the dividend sustainability of Lockheed Martin (LMT) and RTX (RTX), two major defense contractors. While Lockheed offers a higher current dividend yield and a longer history of increases, RTX is argued to have a more durable dividend due to its larger and more diversified backlog, stronger free cash flow projections, and less reliance on a few concentrated programs. The article concludes that LMT is better for retirees seeking immediate income, while RTX suits long-term investors prioritizing cash flow durability.
L3Harris lands contract worth over $6bn for THAAD
L3Harris Technologies has secured a contract worth over $6 billion from Lockheed Martin to significantly increase its production of propulsion systems for the Terminal High Altitude Area Defense (THAAD) missile defense program. This agreement is part of a plan to quadruple THAAD propulsion output, involving the construction of a new solid rocket motor plant and increased capacity for liquid-propulsion attitude control and divert systems. Despite the major contract, L3Harris's stock saw a slight decline on Wall Street.
Cash flow from investing activities of L3Harris Technologies Inc – HAN:HRS
This article briefly highlights the cash flow from investing activities for L3Harris Technologies Inc., traded on the Hannover Stock Exchange under the ticker HRS. It presents a concise financial data point without further analysis or specific figures. The content appears to be a stub or a section from a larger financial data platform.
Average basic shares outstanding of L3Harris Technologies Inc – HAN:HRS
This article provides financial data for L3Harris Technologies Inc. (HAN:HRS), specifically focusing on its average basic shares outstanding. The content appears to be a data point from TradingView's financial overview for the company.
Operating expenses (excl. COGS) of L3Harris Technologies Inc – HAN:HRS
This article displays financial data for L3Harris Technologies Inc (HAN:HRS), specifically focusing on its operating expenses excluding the cost of goods sold. The content is primarily a data presentation page from TradingView, showing the financial metric across different periods.
Equity in earnings of L3Harris Technologies Inc – HAN:HRS
This article provides financial information for L3Harris Technologies Inc (HAN:HRS) on the Hannover Stock Exchange. It specifically highlights the "Equity in earnings" section. The market was closed, and no trades were recorded at the time of publication.
L3Harris Technologies Inc Dividends – HAN:HRS
This article provides dividend information for L3Harris Technologies Inc (HRS) traded on the Hannover Stock Exchange. It states that payouts are made quarterly, the last dividend per share was 1.08 EUR, and the current dividend yield (TTM)% is 2.06%.
L3Harris Technologies (LHX) Secures $6B Contract to Expand THAAD Propulsion Production
L3Harris Technologies (LHX) has secured a $6 billion contract from Lockheed Martin to significantly expand propulsion production for the THAAD missile defense system over seven years. This agreement, which includes building a new manufacturing facility, positions L3Harris to meet rising defense demands and reinforces its revenue stream. The company also offers an attractive dividend yield of 2.07% and is considered modestly undervalued, making it a compelling option for dividend investors despite some insider selling.
L3Harris lands $6B missile-propulsion contract from Lockheed Martin (LHX:NYSE)
L3Harris Technologies secured a contract worth over $6 billion from Lockheed Martin. This seven-year agreement focuses on expanding propulsion production for the Terminal High Altitude Area Defense (THAAD) missile defense system. The contract represents a significant win for L3Harris in the defense sector.
DTE Energy Company (DTE) Stock forecasts
The article provides an analyst report on DTE Energy Company (DTE), highlighting that its integrated resource plan supports a five-year growth plan. DTE Energy operates two regulated utilities in Michigan, contributing 90% of its earnings, serving approximately 2.3 million electric customers and 1.3 million gas customers. The report was issued by Morningstar and authored by Travis Miller, an energy and utilities strategist.
New General Dynamics SRM Campus Close to Completion
General Dynamics Ordnance and Tactical Systems (GDOTS) is nearing completion of a new solid rocket motor (SRM) production campus in Camden, Arkansas. This facility is designed to be flexible and scalable, serving multiple customers and not just a single program, including supporting Lockheed Martin's GMLRS production under a 2024 agreement. The expansion in Camden also involves other companies like Aerojet Rocketdyne, highlighting a growing hub for defense manufacturing.
L3Harris Receives THAAD Propulsion Contract Valued at $6 Billion
L3Harris Technologies secured an undefinitized contract worth over $6 billion from Lockheed Martin to significantly expand propulsion production for the Terminal High Altitude Area Defense (THAAD) system. This agreement aligns with a previous framework to quadruple THAAD propulsion output and will involve constructing a new facility and expanding capacity for THAAD's Liquid Divert and Attitude Control production. The contract reinforces L3Harris's role in providing critical defense technologies and supporting national missile defense missions.
L3Harris stock at USD 238.59 on September 28, 2026
L3Harris Technologies stock closed at USD 238.59 on September 28, 2026, marking a 0.38% increase from its previous close. The company recently secured a USD 4.7 billion contract with Lockheed Martin for PAC-3 missile propulsion systems and signed a multi-year agreement with the Naval Air Warfare Center Weapons Division China Lake for critical missile components, including those for Raytheon's Tomahawk cruise missile.
Redwire has sent Ukraine more than 300 Penguin drones
Redwire has delivered over 300 Penguin reconnaissance drones to Ukraine since 2022, with the upgraded Mk2X version flying higher to counter Russian FPV drones. The company directly supplies the Ukrainian government and designs, builds, and tests the drones in Latvia, emphasizing adaptability in modern warfare. Redwire, which acquired Penguin maker Edge Autonomy in 2025, also noted a NATO country has ordered the next model, the Penguin Mk3, under a multi-year contract.
What Makes L3Harris (NYSE:LHX) a Key S&P 500 Defense Name?
L3Harris Technologies (NYSE:LHX) operates in the aerospace and defense sector, specializing in communications, sensing, electronic warfare, space, and missile systems for government and commercial clients. The company recently reorganized its operations into three key segments: Space & Mission Systems, Communications & Spectrum Dominance, and Missile Solutions, reflecting its broad capabilities in advanced defense technologies. Recent financial results for the second quarter show revenues of approximately $6 billion, diluted earnings per share of $3.13, and a significant order backlog of $42 billion, underscoring its strong market position within the Industrials sector and the S&P 500.
What's Driving the Buzz Around XCF Global (NASDAQ:SAFX) in Energy Stocks?
XCF Global (NASDAQ:SAFX) is generating buzz in the energy stock sector due to its recent announcement of August renewable-fuel shipment revenue. This specific catalyst provides investors with a timely, company-specific data point to evaluate SAFX's performance beyond broader market sentiment. The article emphasizes the importance of verifying this information through official company filings and tracking its impact on operating execution and financial health.
Here Are Monday’s Top Wall Street Analyst Research Calls: Applied Digital, Autodesk, Datadog, First Solar, L3Harris Technologies, PepsiCo, Roblox, Snowflake, TeraWulf and More
This article summarizes top Wall Street analyst upgrades, downgrades, and initiations for various companies on Monday, September 28, 2026. Key actions include Applied Digital receiving a Buy initiation, PepsiCo being downgraded to Hold, and First Solar being upgraded to Sector Weight. The report also provides a brief market overview, noting lower futures, mixed Treasury yields, and movements in oil, gold, and cryptocurrency markets.
VisionWave Highlights STRATUM Autonomous Ground Systems Platform for Multi-Mission Defense Operations
VisionWave (VWAV) has highlighted its developing STRATUM family of modular autonomous ground platforms, including VARAN, RANGER, SCOUT, and RECON, designed for defense, security, and logistics with interchangeable mission modules. Although these platforms offer significant potential for multi-mission capability and ground-air coordination, none have completed qualification testing, entered serial production, been sold, or generated revenue. The company emphasizes the modularity of the STRATUM architecture, allowing for mission-specific changes on a common platform, but performance objectives for VARAN remain unvalidated.
Government Contract Update: $28M payment to L3HARRIS GLOBAL COMMUNICATIONS, INC
L3HARRIS GLOBAL COMMUNICATIONS, INC. (LHX) received a $28 million payment from the Department of Defense, specifically the Department of the Army, on June 23, 2026. This payment was for a sole-source procurement of L3Harris radios and services for an unnamed country. Over the last year, LHX has received over $6.4 billion in government contract payments, and the article also details recent congressional trading, insider trading, and hedge fund activity related to LHX stock.
Here Are Monday’s Top Wall Street Analyst Research Calls: Applied Digital, Autodesk, Datadog, First Solar, L3Harris Technologies, PepsiCo, Roblox, Snowflake, TeraWulf and More
This article highlights Wall Street's top analyst research calls from Monday, September 28, 2026, featuring upgrades, downgrades, and new initiations for various companies including PepsiCo, Roblox, Snowflake, Applied Digital, and TeraWulf. It also provides a market overview for the close of Q3, noting lower futures, mixed Treasury yields, fluctuating oil prices, and a volatile cryptocurrency market following a large Bitcoin options expiration. The piece emphasizes the importance of carefully navigating an overbought market with potential for a sell-off before earnings season.
L3Harris Technologies (NYSE:LHX) Stock Rating Cut to Hold at Wall Street Zen
Wall Street Zen has downgraded L3Harris Technologies (NYSE:LHX) from a "buy" to a "hold" rating, mirroring recent downgrades from other firms like Argus and Weiss Ratings. Despite these downgrades, analysts maintain a "Moderate Buy" consensus rating with a price target of $355.92. The company's stock opened near its 52-week low at $237.20 and has a market capitalization of $44.17 billion, while it recently exceeded quarterly earnings expectations with $3.13 adjusted EPS and $5.88 billion in revenue.
McDonald's Corporation (MCD) Stock forecasts
McDonald's (MCD) is identified as the world's largest restaurant brand, with a global presence and substantial systemwide sales. Despite long-term strategic benefits, the company faces near-term challenges. Morningstar assesses McDonald's shares as attractive, highlighting its economic moat and stewardship.
L3Harris Technologies (NYSE:LHX) Stock Rating Cut to "Hold" at Argus
Argus downgraded L3Harris Technologies (NYSE:LHX) from "buy" to "hold," causing the stock to fall 0.3% to $237.22, near its 52-week low. Despite the downgrade, the company reported strong quarterly earnings, exceeding expectations with $3.13 adjusted EPS and $5.88 billion in revenue, an 8.4% year-over-year increase. Institutional investors hold a significant 84.76% stake in the company.
Argus Downgrades L3Harris Technologies to Hold From Buy
Argus has downgraded L3Harris Technologies (LHX) to Hold from Buy. This decision comes despite the company having an average analyst rating of overweight and a mean price target of $348.14. The full MT Newswires article requires a premium subscription to view.
Can L3Harris' Contract Cost Control Support Future Margin Growth?
L3Harris Technologies (LHX) utilizes a structured process to manage long-term contract costs and performance, allowing for adjustments based on technical, schedule, and cost risk retirement. This disciplined approach has positively impacted earnings through favorable Estimate at Completion (EAC) adjustments, with $47 million in 2025 compared to $39 million in 2024. Effective contract execution and management of factors like supply-chain disruptions and labor issues are crucial for sustaining profitability, a strategy also employed by peers like Northrop Grumman and AeroVironment.
Could L3Harris Technologies (NYSE:LHX) Reset Its Market Story?
L3Harris Technologies (NYSE:LHX) is attracting market attention due to an industrial-market rotation driven by order quality, supply execution, and public investment, particularly in defense electronics and communications. The article suggests that while the attention is current and specific, the company needs to demonstrate repeatable execution and consistent operational performance to sustain investor confidence and justify its valuation. Future disclosures should provide clear evidence of demand, delivery, capital allocation, and risk management to solidify its market story.
L3Harris receives $876.4M modification for Next Generation Jammer Low Band
L3Harris Technologies has received an $876.4 million contract modification from the U.S. Navy for the Next Generation Jammer Low Band (NGJ-LB) airborne electronic-attack system. This modification expands the scope to include tooling, cybersecurity, system support, and testing for the EA-18G Growler. The NGJ-LB system, which uses a modular, open-system architecture, is a joint U.S.-Australian program aimed at replacing the Growler's legacy ALQ-99 Tactical Jamming System.