One-Fifth of SpaceX Revenue Comes From Uncle Sam: The Defense Contractors That Should Worry
SpaceX's S-1 just handed legacy defense investors a number they cannot ignore.
LHX - L3Harris Technologies, Inc.
SpaceX's S-1 just handed legacy defense investors a number they cannot ignore.
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) reports first quarter 2026 results. Highlights Orders of $7.8 billion; book-to-bill of 1.4x increases backlog to new record $40.7 billion Revenue of $5.7 billion, up 12%, and 15% organically* Operating margin of 11.4% up 120 bps; Segment operating margin of 15.7% up 10 bps GAAP diluted EPS of $2.72, up 33% Updates 2026 EPS guidance “We continue to execute against our Trusted Disruptor strategy with both urgency and discipline,.
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) today announced it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) related to the proposed initial public offering of common stock in its Missile Solutions business. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is subject to market and other conditions.
Firefly Aerospace (FLY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SpaceX dominates space economy headlines, but private shares do not mail quarterly checks, and even after an initial public offering, the rocket and spacecraft maker is unlikely to offer a dividend.
MELBOURNE, Fla.--(BUSINESS WIRE)--The Board of Directors of L3Harris Technologies (NYSE: LHX) has declared a quarterly cash dividend of $1.25 per common share, payable June 26, 2026, to shareholders of record as of the close of business on June 5, 2026. About L3Harris Technologies L3Harris is the Trusted Disruptor in defense tech. With customers' mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in.
NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK, April 23, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor.
WASHINGTON--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has closed a $1 billion strategic investment from the Department of War (DoW) in its Missile Solutions (MSL) business, which it will use to expand and modernize facilities, accelerate research and development, and increase production capacity for critical national security technologies. The investment from the DoW is in the form of a convertible preferred security of the MSL business, which will convert into common equity upon an in.
ORANGE COUNTY, Va.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX), Virginia Gov. Abigail Spanberger and the Orange County Board of Supervisors have announced an agreement to further expand L3Harris' solid rocket motor production capacity at its site in Orange County with the creation of the Virginia Advanced Propulsion Facilities (VAPF). The more than $1 billion expansion project, which builds on a previously announced expansion at the Orange County site, is expected to more than double th.
We bought four “new” holdings in the quarter. Two of the four — Blackstone and Otis — we have owned before. In IT, we exited Oracle and trimmed Broadcom. Our five-year investment in Oracle proved highly profitable as the company transitioned its business model from licensing to software-as-a-service. On the semiconductor side, we modestly reduced our position in Broadcom to fund our new investment in Taiwan Semiconductor.
SAN FRANCISCO--(BUSINESS WIRE)--Xoople, the AI data infrastructure company for physical change on Earth, and L3Harris Technologies, the world-leading space infrastructure company, announced the co-development of a first of its kind satellite constellation designed and optimized for the AI era. The milestone, the result of seven years of design and R&D work, advances the companies' shared vision to deliver real-world context into every decision for a more sustainable, safer world. The Xoople.
KENNEDY SPACE CENTER, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has successfully powered the historic launch of the Artemis II mission, providing propulsion and avionics for the first crewed journey toward the moon in more than 50 years. “Artemis II marks a new era in human space exploration with the first crewed flight of NASA's Space Launch System rocket and Orion spacecraft,” said Christopher Kubasik, Chairman and CEO, L3Harris. “We congratulate NASA and all our teammates on a.
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) today announced an update to the leadership structure supporting its three reportable business segments, reinforcing the company's continued focus on execution, operational performance, and customer mission. Effective immediately, Sam Mehta has been appointed President overseeing both the Space & Mission Systems and Communications & Spectrum Dominance segments. The company expects to continue reporting financial results.
The longer the conflict lasts, the more money the U.S. will have to spend restocking its arsenal of missiles.
HOUSTON, March 03, 2026 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR) (“Intuitive Machines” or the “Company”), a leading space technology, infrastructure, and services company, today announced Lanteris Space Systems, a wholly owned subsidiary of Intuitive Machines, was selected by L3Harris Technologies (NYSE: LHX) to support the development and production of spacecraft platforms for the Space Development Agency (“SDA”) Tranche 3 Tracking Layer of the Proliferated Warfighter Space Architecture. Under this selection, Intuitive Machines will design, build and deliver 18 advanced spacecraft platforms to help enable the next generation of space-based missile tracking capabilities.
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) today announced the appointment of Kenneth (Ken) Sharp as Senior Vice President and Chief Financial Officer (CFO), effective March 16. Kenneth (Ken) Bedingfield will focus exclusively on leading the Missile Solutions segment and rapidly scaling solid rocket motor manufacturing to meet the nation's urgent missile demand. He will also be responsible for the eventual initial public offering of Missile Solutions. Sharp, 55, brings.
CAMDEN, Ark.--(BUSINESS WIRE)--Secretary of War Pete Hegseth visited the L3Harris Technologies (NYSE: LHX) Camden site today as part of his nationwide “Arsenal of Freedom” tour, highlighting the importance of American manufacturing capacity in strengthening the defense industrial base and supporting U.S. and allied warfighters. Secretary Hegseth toured several of the site's solid rocket motor production facilities and spoke with the 1,500 employees who design, build and deliver propulsion syste.
In recent years, particularly under the current administration as of early 2026, the U.S.
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has received a new contract valued at nearly $400 million to produce additional solid rocket boost motors and Liquid Divert and Attitude Control Systems (LDACS) as a supplier to the prime contract for the Missile Defense Agency's Terminal High Altitude Area Defense (THAAD) system. THAAD is one of the nation's primary defenses against short, medium and intermediate-range missiles. “THAAD is the only U.S. system designed to inter.
For the defense and mining industries, 2025 was a standout year. The iShares U.S. Aerospace & Defense ETF BATS: ITA tracks the performance of a basket of over 40 U.S. aerospace and defense companies.