Following the Aerojet buyout in 2023, L3Harris suspended its merger and acquisition activity for the "foreseeable future" in efforts to strengthen its balance sheet. L3Harris also launched a review of its operational performance, cost structure and portfolio composition, which is expected to be completed by this year. Earlier this week, Reuters reported that L3Harris would cut 5% of its workforce this year as part of a cost saving measure, citing an email to employees.
According to one report, there's a robust market for Xavier Worthy who is unlikely to escape the top 20 picks.
Las Vegas Raiders, NV Energy unveil EV charging locations at Allegiant Stadium