Christopher Kubasik, vice chairman, president and chief operating officer of L3Harris Technologies (NYSE: LHX), said the company plans to return more than $7.5 billion in cash to shareholders between 2021 and 2022, Reuters reported Thursday. Kubasik, a three-time Wash100 winner, noted L3Harris’ additional divesture proceeds of nearly $2 billio...
A McAleese & Associates report about L3Harris Technologies‘ (NYSE: LHX) financial results for both the fourth quarter and full 2020 fiscal year says the Melbourne, Florida-based government contractor will transition the CEO position from William Brown to Christopher Kubasik, who has served as vice chairman, president and chief operating of...
L3Harris Technologies (NYSE: LHX) will continue to help the U.S. Space Force and Space Command maintain infrastructure for monitoring assets in orbit as part of an $89 million option award under the potential 10-year, $1.2 billion Maintenance Of Space Situational Awareness Integrated Capabilities contract. The company said Thursday the award represe...
L3Harris Technologies (NYSE: LHX) has won a $57M order to supply more two-channel handheld radios to the U.S. Army as part of a potential 10-year, $3.9B indefinite-delivery/indefinite-quantity contract. The Falcon IV AN/PRC-163 radio is designed to facilitate voice and data exchanges on the service branch's integrated tactical network, L3Harris...
L3Harris Technologies (NYSE: LHX) has received an order from Naval Information Warfare Systems Command to provide Air Force personnel with nearly 1K units of its two-channel handheld tactical radio....
The U.S. Army has awarded an initial delivery order to L3Harris Technologies (NYSE: LHX) for rifle-mounted multifunction laser devices intended to support target handoff operations. L3Harris said Thursday it will produce more than 1,100 updated Small Tactical Optical Rifle-Mounted Micro Laser Rangefinder systems for the military service under a pote...
L3Harris Technologies (NYSE: LHX) has received an $82M order to manufacture Falcon IV AN/PRC-167 radios for the U.S. Special Operations Command's Next Generation Tactical Communications program....
Koucar Management’s American Holoptics subsidiary has completed its acquisition of a L3Harris Technologies (NYSE: LHX) business unit that manufactures holographic sighting systems intended for military, law enforcement and commercial applications....
Christopher Kubasik, president and chief operating officer of L3Harris Technologies and a 2020 Wash100 Award winner, told the Washington Business Journal in an interview published Wednesday that the company will continue post-merger integration and advance organic growth initiatives and revenue synergies as it begins its second year of operations....
Leidos (NYSE: LDOS) has finalized its acquisition of security detection and automation businesses of L3Harris Technologies (NYSE: LHX) for approximately $1B in cash. Jim Moos, president of Leidos’ civil group, will oversee the acquired businesses, which operate with over 1,200 employees combined and provide automated tray return systems, airpo...
