NYSE:LHXAerospace & Defense
How Strong Q3 Results and Buyback Execution Will Impact L3Harris Technologies (LHX) Investors
L3Harris Technologies recently reported strong third quarter results, with sales rising to US$5.66 billion and net income increasing to US$462 million compared to the prior year, alongside the completion of a substantial share buyback program totaling 30.18 million shares for US$6.61 billion since 2021.
An important insight is that the company’s improved operational execution following the Aerojet Rocketdyne acquisition, coupled with rising defense demand, has helped reinforce its position...