Defense contractor L3Harris Technologies on Thursday reported $4.9 billion in revenues for the third quarter, a 16% year-over-year increase and a 4.3% increase from Q2. WHY IT MATTERS: Melbourne, Fla.-based L3Harris’ July 28 acquisition of Sacramento, Calif.-based aerospace company Aerojet Rocketdyne for $4.7 billion contributed $455 million to its Q3 earnings. Backlog for the quarter […]
