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L3Harris Technologies, Inc. is an American technology company, defense contractor, and information technology services provider that produces products for command and control systems, wireless equipment, tactical radios, avionics and electronic systems, night vision equipment, intelligence, surveillance and reconnaissance systems and products ...
L3 Technologies, formerly L-3 Communications Holdings, was an American company that supplied command and control, communications, intelligence, surveillance and reconnaissance systems and products, avionics, ocean products, training devices and services, instrumentation, aerospace, and navigation products.
Lockheed Martin reported third-quarter earnings on Oct. 22. The company had net sales of $17.1 billion, up 1.18% over its $16.9 billion in sales in the same quarter of 2023. Net earnings were $1.6 ...
In December 2022, L3Harris Technologies agreed to buy the company for $4.7 billion in cash. [30] The acquisition was completed in July 2023. [ 31 ] L3Harris named former CTO Ross Niebergall as president of the new Aerojet Rocketdyne business segment, [ 2 ] which would now be headquartered in Palm Bay, Florida .
But Lockheed Martin, the main contractor for GMLRS, was making about 4,600 per year before ramping up production in 2022. Lockheed's GMLRS production is scheduled to rise from 10,000 deliveries in ...
Lockheed Martin (NYSE: LMT) Q3 2024 Earnings Call ... now is the best time to buy before it’s too late. And the numbers speak for themselves: ... which is now managed by L3Harris. My question to ...
In the long term, the joint venture could expand its production to provide motors of other missile types produced by Lockheed and by other buyers, as well -- creating a permanent rival to Northrop ...
The purchase price of 4.75 billion dollars was reported as being one of the highest such defense company purchases, since the Lockheed/Martin merger. When finalized in June 2015, the purchase was expected to make Harris/Exelis one of the top 10 defense contractors in the United States.