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L3Harris Reports Fourth Quarter and 2020 Results; Initiates 2021 Guidance - Vimarsana News

L3Harris Reports Fourth Quarter and 2020 Results; Initiates 2021 Guidance

  Fourth quarter revenue decreased 3.6% versus prior year primarily due to divestitures and COVID-related impacts, mainly for commercial-related sales. Organic revenue was flat for the quarter as 3.7% growth in core U.S. and international businesses, excluding commercial aviation and Public Safety, was offset by the anticipated COVID-related decline. At the segment level, revenue growth was driven by Space and Airborne Systems and Communication Systems, offset by a decline in Aviation Systems primarily due to COVID-related impacts. Funded book-to-bill was 0.93 for the quarter. Fourth quarter...

L3Harris Technologies Inc (LHX) Q4 2020 Earnings Call Transcript - Vimarsana News

L3Harris Technologies Inc (LHX) Q4 2020 Earnings Call Transcript

Operator Greetings, and welcome to the L3Harris Technologies Fourth Quarter Calendar Year 2020 Earnings Call. [Operator Instructions]. It is now my pleasure to introduce your host, Rajeev Lalwani, Vice President, Investor Relations. You may begin. Rajeev Lalwani -- Vice President of Investor Relations Thank you, Rob. Good morning, and welcome to our fourth quarter 2020 earnings call. On the call with me today are Bill Brown, our CEO; Chris Kubasik, our COO; and Jay Malave, our CFO. First, a few words on forward-looking statements and non-GAAP measures. Forward-looking statements involve risk...

Source: fool.com
Leonardo Hack Allegedly Targeted Details Of nEUROn UCAV Program - Vimarsana News

Leonardo Hack Allegedly Targeted Details Of nEUROn UCAV Program

Leonardo Hack Allegedly Targeted Details Of nEUROn UCAV Program Leonardo Hack Allegedly Targeted Details Of nEUROn UCAV Program Preliminary inquiry documents in the Leonardo hack suggest hackers were targeting nEUROn drone, C-27J and ATR-72 documents. For almost two years, between May 2015 and January 2017, the IT infrastructure of Leonardo, the Italian multinational aerospace and defense company, and the 8th largest defence contractor in the world, was targeted by a persistent cyber attack (known as Advanced Persistent Threat or APT), carried out with installation in systems, networks and in...

Detailed text transcripts for TV channel - FOXNEWS - 20190620:17:04:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20190620:17:04:00

Reconnaissance capabilities it carries are both electro- optical, infrared, and radar. so at the altitudes this aircraft is flying at, it can be 20, 30 miles away from the area of interest as well as monitoring in this particular case maritime traffic in the gulf of hormuz as well as looking into their military and naval forces. it can look ten, dozens of miles away from where it's actually operating. >> harris: you give us such rich detail on how big this aircraft is, other people simply call it a drone, but with something with a wingspan larger than a 737, that's big and it