Corporate News Summary – L3Harris Technologies (LHX)
Market Performance (as of 08:19 PM Central Europe, Thursday 22 Oct 2026)
L3Harris shares traded down 0.49 %.
Current price: USD 253.3.
Shares outstanding: 186.2 million.
Market capitalization: USD 46.3 billion.
Volume traded in the last 24 hours: USD 260 million.
Year‑to‑date change: up 3.19 %.
200‑day simple moving average: USD 307.11.
52‑week high: USD 379.23 (02 Mar 2026).
52‑week low: USD 232.34 (08 Oct 2026).
Corporate Governance Update
On 21 Oct 2026, L3Harris filed a current report announcing an expansion of its board from eleven to twelve directors.
Kimberly Fields, chair and CEO of ATI, Inc., was appointed as an independent director.
Fields will receive standard compensation for non‑employee directors and has no material conflicts of interest.
The filing was accompanied by a press release confirming the appointment.
Financial Highlights
The company reported a strong backlog of orders, with a record USD 42 billion in the second quarter.
L3Harris revised full‑year revenue and earnings guidance upward.
The announcement was made amid sector‑wide attention to defense spending, with several major contractors raising forecasts and emphasizing robust demand for their products.
Related Stock Movements (24 Hours)
| Symbol | Movement | Current Price | Market Cap | P/E Ratio | Notable Corporate Action |
|---|---|---|---|---|---|
| EBAY | +1.41 % | USD 120.76 | USD 54.7 bn | 25.42 | Second‑round workforce reduction (≈ 9 %) and focus on authenticated luxury, collectibles, and refurbished goods. |
| BKR | +0.63 % | USD 53.34 | USD 55.4 bn | 17.89 | – |
| NDAQ | +1.39 % | USD 102.49 | USD 53 bn | 27.67 | Mixed Q3 earnings; increased capital expenditure for AI infrastructure; new class of non‑voting shares. |
| EA.MX | 0 % | USD 209.7 | USD 52.9 bn | 44.6 | Closure of BioWare studio; elimination of ~400 positions (≈ 3 % of workforce); focus on sports titles, Apex Legends, and upcoming Star Wars Jedi title. |
| D | –0.81 % | USD 65.02 | USD 54.8 bn | 21.87 | Partnership with NextEra Energy valued at USD 66.8 billion; revenue fell short of expectations. |
Company Profile – L3Harris Technologies, Inc.
L3Harris Technologies, Inc. is an aerospace and defense technology company headquartered in Melbourne, Australia. The company designs, develops, and manufactures radio communications products and systems for single‑channel ground and airborne applications. Its portfolio spans air, land, sea, space, and cyber domains, supporting both defense and commercial customers worldwide. L3Harris is listed on the New York Stock Exchange and offers further information on its website at www.l3harris.com .
