L3Harris declares $1.25 quarterly dividend per share

MELBOURNE, Fla. - L3Harris Technologies (NYSE:LHX) announced a quarterly cash dividend of $1.25 per common share, according to a press release statement.

The dividend will be paid on June 26, 2026, to shareholders of record as of the close of business on June 5, 2026. The declaration was made by the company’s Board of Directors.

In other recent news, L3Harris Technologies announced it has secured a $1 billion investment from the Department of War for its Missile Solutions business. This investment will be in the form of a convertible preferred security, which will eventually convert to common equity upon an initial public offering, and the Department of War will also receive warrants to purchase common stock in the Missile Solutions unit. Additionally, L3Harris has awarded Mercury Systems a contract to supply solid-state data recorders for the U.S. Space Development Agency’s Tranche 3 Tracking Layer satellite constellation. This is part of a broader initiative where L3Harris is building 18 infrared satellites to detect advanced missile threats.

Further developments include L3Harris consolidating its leadership under Sam Mehta, who will now oversee both the Space & Mission Systems and Communications & Spectrum Dominance segments. Intuitive Machines’ subsidiary, Lanteris Space Systems, has been selected by L3Harris to develop 18 spacecraft platforms for the same satellite program. In executive news, L3Harris appointed Kenneth Sharp as Senior Vice President and Chief Financial Officer, effective March 16. Sharp brings extensive experience from his previous roles at Peraton Inc., DXC Technology, and Northrop Grumman. These developments reflect L3Harris’s ongoing efforts to strengthen its position in defense and aerospace sectors.

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