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.
Shield AI has secured $240 million in funding, boosting its valuation to $5.3 billion. The investment, backed by major players like L3Harris Technologies and Hanwha Aerospace, will advance the development of Hivemind Enterprise, an autonomy software suite designed to accelerate the creation of intelligent machines, including unmanned systems capable of operating in GPS-denied environments.
Starlink could be a big winner under the new White House administration. Elon Musk's relationship with Donald Trump could create conflict of interests for new deals.
Over 20 civil service employees resigned from Elon Musk-associated DOGE, opposing efforts to dismantle critical public services under Trump's administration.
European defense stocks surge while American counterparts struggle due to Trump's calls for Europe to shoulder security burden and Pentagon budget cuts.
Defense contractors L3Harris Technologies and Northrop Grumman are set to report fourth-quarter financial results on Thursday before the opening bell. Here's a look at what investors and analysts are looking for in the reports:
Trump plans to increase the defense budget by $50 billion, prioritizing areas like missile defense systems, autonomous drones, and cybersecurity. 5 companies to benefit are Huntington Ingalls, L3Harris, Lockheed Martin, General Dynamics, and Northrop Grumman.
