L3Harris Technologies (LHX) PT Raised to $252 at Vertical Research Partners

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. META
2. TSLA
3. IBM
4. TXN
5. MRNA
6. CSX
7. LRCX
8. MRK
9. LVS
10. SAP

Go back to L3Harris Technologies (LHX) PT Raised to $252 at Vertical Research Partners

Arlington Capital Partners Signs Definitive Agreement to Acquire L3Harris Technologies’ Electron Devices and Narda Microwave-West Divisions; Will Form Stellant Systems

August 3, 2021 8:00 AM EDT

WASHINGTON--(BUSINESS WIRE)-- Arlington Capital Partners (Arlington), a Washington, DC-area private equity firm, today announced that an affiliate has entered into definitive agreements to acquire L3Harris Technologies (NYSE: LHX) Electron Devices and Narda Microwave-West divisions (the Company). The agreement is subject to customary closing conditions and regulatory approvals.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210803005575/en/

After closing, the Company will operate independently as Stellant Systems (Stellant)... More

L3Harris Reports Strong Second Quarter 2021 Results

August 3, 2021 6:30 AM EDT

Revenue $4.7 billion, up 5.0% versus prior year and 6.2% on an organic1 basis Margins and earnings Net income margin of 8.8%; adjusted earnings before interest and taxes (EBIT) margin3 of 18.6% GAAP earnings per share from continuing operations (EPS) of $2.01, up 55% Non-GAAP EPS3 of $3.26, up 15% Cash flow and capital deployment Operating cash flow of $720 million; adjusted free cash flow (FCF)3 of $685 million Returned $1,057 million to shareholders through $850 million in share... More