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Fly News Breaks for July 9, 2019
Jul 9, 2019 | 05:05 EDT
Goldman Sachs analyst Noah Poponak reinstated coverage of L3Harris Technologies with a Buy rating and added the shares to his firm's Conviction List. He has a $240 price target for the stock. L3Harris ss set to deliver upside to growth expectations "quickly" given recent contract wins and the current Department of Defense outlay strength, Poponak tells investors in a research note. He sees upside potential from the merger integration.
News For LHX From the Last 2 Days
Sep 25, 2023 | 17:17 EDT
L3Harris Technologies has been awarded a maximum $125,126,223 firm-fixed-price, indefinite-delivery/indefinite-quantity for spares and repair parts for very small aperture terminal transmission systems. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in Federal Acquisition Regulation 6.302-1. This is a five-year contract with no option periods. The performance completion date is Sept. 24, 2028.