News

Published on 12 Jul 2023 on Florida Today via Yahoo Finance

L3Harris clears first hurdle to win Brevard property tax break to expand in Palm Bay


Article preview image

A proposal to give L3Harris Technologies Inc. county property tax breaks on two different projects moved forward Tuesday, after a split 3-2 vote by the Brevard County Commission.

The vote is the first step of a three-step process that could lead to the County Commission granting as much as $6.68 million in tax abatements over a 10-year period.

Brevard Board of County Commissioners approved looking into the economic impacts of granting tax abatements for two large expansions for L3Harris.Brevard Board of County Commissioners approved looking into the economic impacts of granting tax abatements for two large expansions for L3Harris.

NYSE.LHX price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Shareholders Will Be Pleased With The Quality of L3Harris Technologies'...

Even though L3Harris Technologies, Inc.'s (NYSE:LHX) recent earnings release was robust, the mark...

Simply Wall St. · via Yahoo Finance 23 Feb 2025

L3Harris Technologies, Inc. (LHX): Among Worst Beaten Down Stocks to Buy Now

We recently published a list of 10 Worst Beaten Down Stocks to Buy Now. In this article, we are...

Insider Monkey · via Yahoo Finance 23 Feb 2025

L3Harris Technologies Inc. (LHX): Among VLEO Technology Stocks and Startups to...

We recently published a list of 10 VLEO Technology Stocks and Startups to Watch in 2025. In this...

Insider Monkey · via Yahoo Finance 22 Feb 2025

Insiders At L3Harris Technologies Sold US$9.2m In Stock, Alluding To Potential...

The fact that multiple L3Harris Technologies, Inc. (NYSE:LHX) insiders offloaded a considerable...

Simply Wall St. · via Yahoo Finance 21 Feb 2025

L3Harris pushes ahead on Arkansas rocket motor factories

L3Harris Technologies said on Thursday it has begun constructing four solid rocket motor producti...

Reuters 20 Feb 2025

L3Harris Technologies (LHX): Among the Best Large Cap Defense Stocks to Buy Now

We recently published a list of 10 Best Large Cap Defense Stocks to Buy Now. In this article, we ...

Insider Monkey · via Yahoo Finance 18 Feb 2025

L3Harris Technologies, Inc. (NYSE:LHX) is a favorite amongst institutional...

Key Insights Significantly high institutional ownership implies L3Harris Technologies' stock pric...

Simply Wall St. · via Yahoo Finance 5 Feb 2025

L3Harris Q4 Earnings Surpass Estimates, Revenues Increase Y/Y

LHX's total revenues in the fourth quarter of 2024 beat the Zacks Consensus Estimate by 0.3%. The...

Zacks 29 Jan 2025

Predator drone maker asks Musk's DOGE to cut Pentagon red tape, letter shows

A leading defense manufacturer has asked the Trump administration to reform the Pentagon's...

Reuters 28 Jan 2025

L3Harris Technologies (NYSE:LHX) Has A Pretty Healthy Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk ...

Simply Wall St. · via Yahoo Finance 27 Jan 2025