149.75 +0.32 (0.21%)
After hours: 4:20PM EST
|Bid||144.00 x 100|
|Ask||165.00 x 100|
|Day's Range||148.61 - 152.50|
|52 Week Range||137.82 - 175.50|
|Beta (3Y Monthly)||1.09|
|PE Ratio (TTM)||23.50|
|Earnings Date||Jan 28, 2019 - Feb 1, 2019|
|Forward Dividend & Yield||2.74 (1.84%)|
|1y Target Est||188.70|
The U.S. government is still reviewing a merger of Harris Corp and L3 Technologies , a top Pentagon official said on Tuesday, adding that she had no fundamental concerns about further consolidation in the U.S. defense sector. Harris and L3, maker of military communications equipment and other weapons, on Oct. 14 said they planned an all-stock merger that will create the sixth-largest U.S. defense contractor with a market value of $34 billion.
Faced with falling profits and unpopularity on Wall Street in the late 1990s, Phillip Farmer, chief executive of Harris Corp., decided the Melbourne, Fla.-based company needed radical surgery. A shrunken Harris dropped out of the S&P 500 index. “We got smaller real fast,” said Bryan Roub, who was chief financial officer under Mr. Farmer. True to his name, Mr. Farmer worked on a farm in North Carolina as a boy.
It primarily is built by Bethesda, Md.-based Lockheed Martin (NYSE: LMT), but some of the more technical pieces are handled by other contractors.
The Intelligence, Surveillance & Reconnaissance Systems of L3 Technologies works on a variety of products used everywhere from water, land and space.
Big military work is headed to Cape Canaveral, thanks to this defense firm. And even more could be on the way.
When Harris Corporation (NYSE:HRS) announced its most recent earnings (28 September 2018), I compared it against two factor: its historical earnings track record, and the performance of its industry peers Read More...
Zacks.com highlights: Bristol-Myers Squibb, United Rentals, Capital One Financial and Harris
The Board of Directors of Harris Corporation has declared a quarterly cash dividend of 68.5 cents per share on the common stock, payable Dec. 7, 2018, to shareholders of record as of the close of business on Nov.
Dallas-Fort Worth is arguably the defense contractor L3 Technologies' most important market – and the company has about 400 open reqs out right now.
The trend toward larger, more complex procurements will continue to drive mega deals — if there are enough for-sale candidates in the market.
L3 Technologies wants to transform itself into a defense contractor powerhouse. Here's how Dallas-Fort Worth will play a major part.
NEW YORK, Oct. 19, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Hailed as the largest merger in the history of the defense industry, L3 Technologies and Harris Corp. will have a combined 2018 revenue of $16 billion and 48,000 employees globally. Here's how the two CEOs will make the deal work.
NEW ORLEANS , Oct. 18, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale ...
Jim Cramer ranks the most investable stocks in the industrial space, which includes railroad operators, manufacturers and aerospace plays.