L3Harris

L3Harris reported Q4 EPS of $2.86, beating analyst estimates, but its revenue of $5.6 billion missed expectations. The company's guidance for FY 2026 EPS was also below analyst consensus, leading to a pre-market stock price drop.

L3Harris was selected by the U.S. Naval Air Systems Command to develop, test, and manufacture Red Wolf vehicles for the Marine Corps' Precision Attack Strike Munition program. This contract award, valued at $86.2 million, is expected to enhance the company's revenue and market position in the defense sector.

L3Harris received a new contract valued at nearly $400 million to produce additional solid rocket boost motors and Liquid Divert and Attitude Control Systems (LDACS) for the Terminal High Altitude Area Defense (THAAD) system. This contract reinforces its position as a critical supplier for US missile defense and is expected to boost its revenue and market standing.

L3Harris declined to comment on its response to the Trump administration's ban on Anthropic's AI tools. As a defense contractor, it is expected to comply with the Pentagon's order to safeguard its government contracts.

L3 Communications, now part of L3Harris, is noted as a former employer of Dan Sleeter, indicating his experience in secure communications and advanced electronic systems.