L3Harris rises after lifting 2025 earnings outlook

Shares of U.S. defense contractor L3Harris Technologies LHX.N rise 3% to $278, in early trade

Co lifts 2025 earnings outlook on strong demand for defense equipment

LHX projected 2025 adj profit per share between $10.40 and $10.60, up from prior forecast of $10.30 to $10.50

It also expects annual revenue of about $21.75 billion, up from previous expectation of between $21.4 bln and $21.7 bln

Co posts Q2 profit of $2.78/share, above analysts' avg expectation of $2.50/share, according to data compiled by LSEG

The defense contractor posts Q2 revenue of $5.43 bln, above estimates of $5.32 bln

Including session moves, shares up 32.3% YTD