- L3Harris Technologies Inc LHX and venture capital firm Shield Capital have established a strategic partnership to accelerate defense, commercial technology solutions.
- In partnership with Shield, L3Harris will quickly identify, fund, and then guide technology development and solutions that will solve urgent national security needs.
- The agreement provides L3Harris access to disruptive innovators for technology transfer, teaming arrangements, direct investments or potential acquisitions, and partnered contracts.
- "This is in direct response to our customer demands: rapidly deliver game-changing technology that can adapt to stay ahead of global threats," said Christopher E. Kubasik, Vice Chair and CEO, L3Harris.
- Price Action: LHX shares are trading lower by 1.38% at $246.01 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
