L3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides multi-mission intelligence, surveillance, and reconnaissance (ISR) systems; and communication systems, as well as fleet management support, sensor development, modifications, and periodic depot maintenance services for ISR and airborne missions. It also manufactures and integrates maritime integrated command, control, communications, computers, and cyber ISR systems for maritime platforms; unmanned surface and undersea autonomous solutions; power and ship control systems; and other electronic and electrical products and systems, as well as designs and manufactures electro-optical and infrared sensors and surveillance, and targeting systems. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber defense solutions; mission avionics; and electronic warfare systems. The company's Communication Systems segment provides tactical radio communications, SATCOM terminals, and battlefield management networks; broadband secured mobile networked communication equipment, including airborne, space, and surface data link terminals, as well as ground stations and transportable tactical SATCOM systems; helmet and weapon mounted integrated night vision systems; and radios, systems applications, and equipment for public safety and professional communications. Its Aviation Systems segment offers defense aviation products; commercial aviation products; commercial and military training solutions; and mission networks solutions for air traffic management. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies, Inc. in June 2019. L3Harris Technologies, Inc. was founded in 1895 and is headquartered in Melbourne, Florida.
IPO Year:
Exchange: NYSE
Website: l3harris.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
4/11/2025 | $263.00 | Sell → Buy | Goldman |
1/8/2025 | $289.00 → $267.00 | Mkt Perform → Outperform | Bernstein |
1/2/2025 | Outperform → Mkt Perform | Raymond James | |
11/26/2024 | $300.00 | Hold → Buy | Argus |
10/31/2024 | $300.00 | Neutral → Buy | BofA Securities |
10/10/2024 | $300.00 | Peer Perform → Outperform | Wolfe Research |
8/14/2024 | $250.00 → $240.00 | Outperform → Sector Perform | RBC Capital Mkts |
8/9/2024 | $275.00 → $257.00 | Overweight → Equal-Weight | Morgan Stanley |
7/26/2024 | $245.00 → $257.00 | Buy → Hold | Deutsche Bank |
4/22/2024 | $238.00 | Neutral → Overweight | Alembic Global Advisors |
L3Harris Technologies (NYSE:LHX) has broken ground on the construction of five new solid rocket motor facilities in Virginia that will boost production to support key national defense programs. The new facilities will incorporate modular factory design, robotic flex cells, automated, progressive casting and improved handling and assembly throughout the production line. "L3Harris' growth in Virginia is another solid example of how we're expanding our rocket motor manufacturing infrastructure to support the nation's defense propulsion needs," said Ken Bedingfield, President, Aerojet Rocketdyne, L3Harris. "Made possible through a Defense Production Act Title III cooperative agreement, this ex
L3Harris Technologies (NYSE:LHX) has received multiple orders expected to total $214 million under Germany's Digitalization – Land Based Operations (D-LBO) program. These orders include delivery of interoperable communication systems to enhance the operational capabilities of the German armed forces. "Resilient and immediate communication among allies is crucial for countering threats posed by aggressive adversaries," said Sam Mehta, President, Communication Systems, L3Harris. "We are proud to support our NATO ally with our trusted communications technology, which has demonstrated its value in the field by protecting soldiers and networks at the tactical edge." L3Harris' resilient communi
L3Harris Technologies (NYSE:LHX) Chief Financial Officer and Aerojet Rocketdyne President Ken Bedingfield will present at Barclays Americas Select Franchise Conference in London at 8:30 a.m. local (3:30 a.m. ET) on Tuesday, May 6. The presentation will stream live on the L3Harris website, with a recording available after the event. Bedingfield will also present at the Wolfe Research Conference at 12:50 p.m. ET on Thursday, May 22, in New York City. The presentation will stream live on the L3Harris website, with a recording available after the event. L3Harris Chair and CEO Christopher E. Kubasik and Bedingfield will present at the Bernstein Strategic Decisions Conference at 9 a.m. ET on Th
Highlights* Revenue of $5.1 billion Operating margin of 10.2%; Adjusted segment operating margin of 15.6% Diluted EPS of $2.04; Non-GAAP diluted EPS of $2.41 Repurchased $569 million of shares 2025 guidance updated for divestiture, strong Q1 performance and a solid outlook L3Harris Technologies (NYSE:LHX) reported first quarter 2025 diluted EPS of $2.04 on first quarter 2025 revenue of $5.1 billion. First quarter 2025 non-GAAP diluted EPS was $2.41. Reconciliations of non-GAAP results are detailed in tables beginning on page 10. "We're building on our momentum with a strong start to the year, driven by solid operational execution and program performance, leading to continued ex
The Board of Directors of L3Harris Technologies (NYSE:LHX) has declared a quarterly cash dividend of $1.20 per common share, payable June 18, 2025, to shareholders of record as of the close of business on June 3, 2025. About L3Harris Technologies L3Harris Technologies is the Trusted Disruptor in the defense industry. With customers' mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security. Visit L3Harris.com for more information. View source version on businesswire.com: https://www.businesswire.com/news/home/20250417099100/en/ Daniel Gittsovich Investor Relation
L3Harris Technologies (NYSE:LHX) has completed a $125 million expansion at its space manufacturing facility in Fort Wayne to support the Department of Defense's urgent need for on-orbit technology to defend the homeland by building a "Golden Dome" around the United States. L3Harris' investment in facilities in Indiana will enable these strategic capabilities to be delivered in the later half of the President's second term. Members of Indiana's congressional delegation participated in the dedication ceremony today for the expanded 95,000-square-foot facility, which will support engineering, integration, testing and program management for L3Harris' missile defense programs. "The new investm
L3Harris Technologies (NYSE:LHX) and Air Tractor have delivered the first missionized OA-1K Skyraider II aircraft to support U.S. Air Force Special Operations Command. The Skyraider II will help ensure special operations personnel can meet the needs of the National Defense Strategy and the joint force. Special Operations Forces (SOF) will fly Skyraider II in various missions and will deliver close air support, precision strike, and armed intelligence, surveillance and reconnaissance. The aircraft's flexibility will allow SOF to counter adversaries across the spectrum of armed conflict. The Skyraider II's design also enables it to operate from rugged and remote airfields. "The Skyraider II
L3Harris Technologies (NYSE:LHX) will release its first quarter 2025 financial results before the market opens on Thursday, April 24, 2025. The company will then host an earnings call on Thursday, April 24, 2025, at 10:30 a.m. ET. Participants are encouraged to listen via webcast at L3Harris.com. A recording of the call will be available on L3Harris.com beginning at approximately 12 p.m. ET on April 24, 2025. About L3Harris Technologies L3Harris Technologies is the Trusted Disruptor in the defense industry. With customers' mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of
L3Harris Technologies (NYSE:LHX) has signed a long-term agreement with the Dutch Ministry of Defence for delivery of advanced Falcon® IV radios for the FOXTROT program. The agreement is valued up to 1 billion euros. "Our battle-proven communication systems will improve secure military communications by facilitating interoperability with other European and NATO forces to address current and future threats," said Sam Mehta, President, Communication Systems, L3Harris. "These resilient devices will enable enhanced capability to strengthen homeland defenses, deter regional conflicts and provide direct support to coalition and security cooperation efforts." The Falcon IV radios will allow immed
L3Harris Technologies (NYSE:LHX) has completed the previously announced sale of its Commercial Aviation Solutions (CAS) business to an affiliate of TJC L.P. for $800 million. The entire $800 million cash purchase price was paid to L3Harris at the closing of the transaction. CAS specializes in commercial flight training, flight data analytics, commercial avionics and other capabilities. The business was formerly part of L3Harris' Integrated Missions Systems segment. About L3Harris Technologies L3Harris Technologies is the Trusted Disruptor in the defense industry. With customers' mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the sp