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☆ Passage of supplemental defense aid is 'huge tailwind' for sector, says L3Harris CEO
  + stars: | 2024-04-26 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPassage of supplemental defense aid is 'huge tailwind' for sector, says L3Harris CEOChris Kubasik, L3Harris CEO, joins 'Closing Bell Overtime' to talk quarterly results, demand in the defense space, and more.
Persons: Chris Kubasik
☆ L3Harris is growing 'double-digits' in space business, says CEO Chris Kubasik
  + stars: | 2023-10-26 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailL3Harris is growing 'double-digits' in space business, says CEO Chris KubasikChris Kubasik, L3Harris chair and CEO, joins 'Closing Bell Overtime' to talk quarterly results.
Persons: Chris Kubasik Chris Kubasik
☆ Aerospace and defense stocks took flight in 2022. What analysts expect for the sector in 2023
  + stars: | 2023-01-02 | by ( Samantha Subin | ) www.cnbc.com   time to read: +5 min
Aerospace and defense stocks took off in 2022, outperforming the S & P 500 as a selloff trend pummeled growth and technology names. Through 2022, the aerospace and defense sub-industry within the S & P 500 rose 15.5%, while the broader index tumbled 19.4%. Here are some of the best-performing aerospace and defense stocks of 2022 and what the outlook looks like in the new year. The top-performing defense stock in the fourth quarter was Boeing , with shares up more than 57%. Raytheon Technologies rose more than 17% in 2022, and analysts are optimistic about the stock in 2023.
☆ L3Harris Technologies CEO on how the acquisition of Aerojet Rocketdyne will benefit everyone
  + stars: | 2022-12-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailL3Harris Technologies CEO on how the acquisition of Aerojet Rocketdyne will benefit everyoneChris Kubasik, L3Harris technologies chair and CEO, joins 'Squawk on the Street' to discuss L3Harris's bid to merge with Aerojet Rocketdyne in a $4.7 billion deal, the defense competition justification for the deal's Federal Government review, and L3Harris's thoughts on regulatory and inflationary headwinds.
☆ Defense contractor L3Harris to buy Viasat's unit for nearly $2 bln
  + stars: | 2022-10-03 | by ( ) www.reuters.com   time to read: +1 min
Oct 3 (Reuters) - Defense contractor L3Harris Technologies (LHX.N) said on Monday it would buy satellite specialist Viasat Inc's (VSAT.O) military communication unit for about $1.96 billion to better align with U.S. defense spending priorities like cybersecurity and sensors. The government systems unit, known as Link 16 Tactical Data Links, includes 450 employees and has an annual sales of about $400 million. It enables secured sharing of voice and data and is integrated on military aircraft, ground vehicles, surface vessels and operating bases. With the deal, L3Harris aims to expand communication and networking capabilities to a larger user base. (https://reut.rs/3EdRet0)Reporting by Nathan Gomes in Bengaluru; editing by Uttaresh.V and Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.
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