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.
