NYSE:LHXAerospace & Defense
L3Harris Technologies (LHX) Successfully Launches First Experimental Navigation Satellite in 50 Years
L3Harris Technologies (LHX) recently launched the innovative Navigation Technology Satellite-3 (NTS-3), marking a significant milestone as the first fully reprogrammable navigation satellite for the Department of Defense. This launch, along with L3Harris's robust Q2 financial performance, where net income rose to $458 million from $366 million a year prior, may have contributed positively to the company's 19% share price increase last quarter. While broader market dynamics indicated inflation...