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L3harris Technologies LHX - News Analyzed: 9,367 - Last Week: 100 - Last Month: 400

↑ L3Harris Technologies LHX Undergoes Major Reorganization Amidst Strong Stock Performance

L3Harris Technologies LHX Undergoes Major Reorganization Amidst Strong Stock Performance
There have been significant moves involving L3Harris Technologies (LHX) recently. The company underwent a large-scale business reorganization, consolidating into three segments and creating a dedicated Space & Mission Systems Unit. It also sold a 60% stake of its space propulsion business to AE Industrial for $845 Million. This comes amidst a strong year for LHX, with experts highlighting potential continued gains. L3Harris announced a major contract win for missile-tracking satellites worth $843M and a new deal with Kratos for a hypersonic Zeus motor. Additionally, LHX's stock performance was upgraded by Morgan Stanley due to promising Golden Dome opportunities. Some organizations increased their stake, including Park Avenue Security and Narwhal Capital Management, while others reduced their holdings. Speculation looms, however, as reports suggest LHX's financial fundamentals might be weaker than its strong stock performance indicates.

L3harris Technologies LHX News Analytics from Fri, 22 Aug 2025 07:00:00 GMT to Sat, 10 Jan 2026 12:09:30 GMT - Rating 7 - Innovation 6 - Information 8 - Rumor 5

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