WASHINGTON, March 6, 2025 /PRNewswire/ -- Shield AI, the deep-tech company building state-of-the-art autonomy software products and defense aircraft, today announced it has completed a $240 million, F-1 strategic funding round, raising the company's valuation to $5.3 billion. The financing was completed with major participation from strategic investors L3Harris (NYSE:LHX) and Hanwha Aerospace (KRX: 012450), as well as participation from existing investors including Andreessen Horowitz, U.S. Innovative Technology, and Washington Harbour. The funds will enable Shield AI to expan

The Board of Directors of L3Harris Technologies (NYSE:LHX) has approved an increase in the company's per share quarterly cash dividend rate from $1.16 to $1.20. The increase commences with the dividend for the first quarter of the year, payable March 21, 2025, to shareholders of record as of the close of business on March 10, 2025. The dividend corresponds to an increase in the annualized rate from $4.64 to $4.80. "This dividend increase represents our 24th consecutive annual dividend increase and is part of our previously announced plan to further prioritize the return of cash to shareholders," said Christopher E. Kubasik, Chair and Chief Executive Officer, L3Harris. About L3Harris T

Maxar Space Systems, leading satellite manufacturer and provider of advanced solutions for space exploration and operations, today announced it has delivered the first of 16 spacecraft buses to L3Harris Technologies (NYSE:LHX) to support the Space Development Agency (SDA)'s Tranche 1 Tracking Layer program. Leveraging their Maxar 300™ platform, Maxar Space Systems designed and developed this purpose-built bus to enable key technological advancements to support and advance the Proliferated Warfighter Space Architecture (PWSA). The bus was manufactured in Maxar Space Systems' industry-leading facilities in California and shipped to Florida, where L3Harris will perform Space Vehicle integratio

Bernstein upgraded L3Harris from Mkt Perform to Outperform and set a new price target of $267.00 from $289.00 previously

Raymond James downgraded L3Harris from Outperform to Mkt Perform

Argus upgraded L3Harris from Hold to Buy and set a new price target of $300.00

4 - L3HARRIS TECHNOLOGIES, INC. /DE/ (0000202058) (Issuer)

4 - L3HARRIS TECHNOLOGIES, INC. /DE/ (0000202058) (Issuer)

4 - L3HARRIS TECHNOLOGIES, INC. /DE/ (0000202058) (Issuer)

4 - L3HARRIS TECHNOLOGIES, INC. /DE/ (0000202058) (Issuer)

DEFA14A - L3HARRIS TECHNOLOGIES, INC. /DE/ (0000202058) (Filer)

DEF 14A - L3HARRIS TECHNOLOGIES, INC. /DE/ (0000202058) (Filer)

8-K - L3HARRIS TECHNOLOGIES, INC. /DE/ (0000202058) (Filer)

L3Harris Technologies (NYSE:LHX) today announced that David S. Regnery, Chair and Chief Executive Officer of Trane Technologies plc, has been appointed to its Board of Directors. "Dave is a strong business leader with proven success in business transformation, putting the customer first and creating a culture where innovation and accountability are important drivers of business decisions," said Christopher E. Kubasik, Chair and CEO, L3Harris. "His established track record of leading large organizations and shaping Trane Technologies' future strategy will be important to L3Harris as we continue our journey as the industry's Trusted Disruptor in support of our customers' most critical needs.

Seasoned Executive Brings Over Three Decades of Industry and Finance Experience to L3Harris L3Harris Technologies (NYSE:LHX) today announced that it has appointed Kenneth "Ken" L. Bedingfield as Senior Vice President and Chief Financial Officer (CFO), reporting to Chair and Chief Executive Officer Christopher E. Kubasik, effective Dec. 11, 2023, succeeding Michelle Turner. As CFO, Bedingfield, 51, will serve as a member of the senior leadership team and direct the company's financial strategy and its global finance team. He brings thirty years of experience across complex defense, technology and financial services organizations, making him uniquely suited to lead the company's finance o

Janus International Group, Inc. (NYSE:JBI) ("Janus" or the "Company"), a leading provider of cutting-edge access control technologies and building product solutions for the self-storage and other commercial and industrial sectors, today announced the appointment of Roger Fradin to the position of Vice Chairman of the Board of Directors, effective July 5, 2023. Mr. Fradin, who has served as a director of Janus since 2021, has over 40 years of experience acquiring, building and leading a diverse set of industrial technology businesses. Mr. Fradin's previous roles include President and Chief Executive Officer of the Security and Fire Solutions segment of Pittway Corporation, President and Ch

The Board of Directors of L3Harris Technologies (NYSE:LHX) has approved an increase in the company's per share quarterly cash dividend rate from $1.16 to $1.20. The increase commences with the dividend for the first quarter of the year, payable March 21, 2025, to shareholders of record as of the close of business on March 10, 2025. The dividend corresponds to an increase in the annualized rate from $4.64 to $4.80. "This dividend increase represents our 24th consecutive annual dividend increase and is part of our previously announced plan to further prioritize the return of cash to shareholders," said Christopher E. Kubasik, Chair and Chief Executive Officer, L3Harris. About L3Harris T

Highlights* 2024 orders of $24.2 billion; book-to-bill of 1.14x 2024 revenue of $21.3 billion, up 10%, and 4% organically 2024 cash from operations of $2.6 billion, adjusted free cash flow of $2.3 billion 4Q24 revenue of $5.5 billion, up 3%, and 4% organically 4Q24 operating margin of 10.3% and 9.0% for 2024 4Q24 adjusted segment operating margin of 15.3% and 15.4% for 2024 4Q24 diluted earnings per share (EPS) of $2.37 and $7.87 for 2024 4Q24 non-GAAP diluted EPS of $3.47 and $13.101 for 2024 L3Harris Technologies (NYSE:LHX) reported fourth quarter 2024 diluted EPS of $2.37 on fourth quarter 2024 revenue of $5.5 billion. Fourth quarter 2024 non-GAAP diluted EPS w

Highlights* Orders of $7.2 billion; book-to-bill of 1.4x Revenue of $5.3 billion, up 8%, and 5% organically Operating margin of 9.4%; adjusted segment operating margin of 15.7% Diluted earnings per share (EPS) of $2.10; non-GAAP diluted EPS of $3.34 2024 revenue guidance range increased to $21.1B - $21.3B 2024 adjusted segment operating margin guidance increased to ~15.5% 2024 non-GAAP diluted EPS guidance range increased to $12.95 - $13.15 L3Harris Technologies (NYSE:LHX) reported third quarter 2024 diluted EPS of $2.10, an increase of 4% from third quarter 2023, on third quarter 2024 revenue of $5.3 billion, an increase of 8%. Third quarter 2024 non-GAAP diluted EPS was $3

SC 13G/A - L3HARRIS TECHNOLOGIES, INC. /DE/ (0000202058) (Subject)

SC 13G/A - L3HARRIS TECHNOLOGIES, INC. /DE/ (0000202058) (Subject)

SC 13G/A - L3HARRIS TECHNOLOGIES, INC. /DE/ (0000202058) (Subject)