L3Harris Technologies Inc (LHX) stock surged on Friday after the company reported better-than-expected third-quarter financial results, exceeding revenue and earnings estimates. The defense contractor’s strong performance was driven by robust demand across key segments, particularly in Integrated Mission Systems and Communication Systems. The company also revised its full-year 2024 guidance upwards, signaling continued optimism for future growth. Analysts are bullish on L3Harris’ prospects, citing the company’s strong order book, cost-saving initiatives, and expansion into new markets.