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L3harris Technologies Inc   (NYSE: LHX)
Other Ticker:  
 
    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods
 
Price: $218.2200 $-0.62 -0.283%
Day's High: $217.8 Week Perf: -1.72 %
Day's Low: $ 215.00 30 Day Perf: 2.43 %
Volume (M): 80 52 Wk High: $ 265.74
Volume (M$): $ 17,272 52 Wk Avg: $224.81
Open: $222.27 52 Wk Low: $193.09



 Market Capitalization (Millions $) 41,648
 Shares Outstanding (Millions) 191
 Employees 50,000
 Revenues (TTM) (Millions $) 21,325
 Net Income (TTM) (Millions $) 1,512
 Cash Flow (TTM) (Millions $) 55
 Capital Exp. (TTM) (Millions $) 408

L3harris Technologies Inc
Company Profile: L3Harris Technologies Inc.

Overview:
L3Harris Technologies Inc. is a leading global aerospace and defense technology company specializing in advanced communication, surveillance, and electronic systems. Headquartered in Melbourne, Florida, USA, L3Harris operates in over 100 countries, making it a prominent player in the defense and aerospace sectors.

Formation:
L3Harris Technologies was established in 2019 through the merger of L3 Technologies and Harris Corporation. This strategic consolidation has created a diverse portfolio of innovative products and services tailored primarily for government agencies, defense contractors, and commercial clients.

Core Areas of Expertise:
- Communication Systems: L3Harris provides cutting-edge voice and data networks, satellite terminals, and handheld radios, enabling secure and reliable communication across various platforms.
- Surveillance and Sensing Solutions: The company's offerings include advanced dimension surveillance systems, electro-optical/infrared sensors, and both air and land-based radar systems, enhancing situational awareness and operational effectiveness for military and civil applications.
- Electronic Systems: L3Harris develops sophisticated avionics, defense electronics, and night vision systems, supporting various military and aerospace missions.
- Space Industry Contributions: As a significant player in the space sector, L3Harris delivers solutions for space exploration, launch vehicles, and satellite ground systems, including space-based assets and space situational awareness technologies.

Defense Sector Engagement:
L3Harris is recognized as one of the largest suppliers of military technology, actively involved in projects encompassing fighter jets, ground vehicles, and other defense-related initiatives. The company designs and produces systems that support a wide range of global defense and civil government operations.

Cybersecurity Solutions:
The companys cybersecurity division is dedicated to safeguarding mission-critical networks and systems against cyber threats. L3Harris offers secure communications and data management solutions to ensure the integrity and confidentiality of sensitive information.

Workforce and Financials:
L3Harris employs over 48,000 individuals across various disciplines, contributing to its innovative capabilities and operational success. In the fiscal year 2021, the company reported net revenues of approximately $18.2 billion.

Vision and Commitment:
L3Harris Technologies is driven by a vision to create a safer, more connected world.The company emphasizes innovation, ethical business practices, and social responsibility, continually striving to meet the evolving needs of its customers and the global community.

Conclusion:
With its expansive portfolio and commitment to technological excellence, L3Harris Technologies Inc. stands at the forefront of the aerospace and defense industry, delivering critical solutions that enhance security and operational efficiency worldwide.


   Company Address: 1025 West NASA Boulevard Melbourne, 32919 FL
   Company Phone Number: 727-9100   Stock Exchange / Ticker: NYSE LHX


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
LMT   -2.28%    
NOC        1.2% 
AMTM        4.16% 
GD   -0.21%    
ISSC   -0.99%    
RTX        0.16% 
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Dividend

L3Harris Technologies Solidifies Market Position with $1.20 Dividend Amid Revolutionary Defense Innovations,

Published Fri, Apr 18 2025 1:34 AM UTC

L3Harris Technologies Declares Dividend Amid Groundbreaking Innovations in Defense TechnologyIn a strategic move affirming its commitment to shareholders and growth, the Board of Directors of L3Harris Technologies (NYSE: LHX) recently declared a quarterly cash dividend of $1.20 per common share. This dividend will be payable on June 18, 2025, to all shareholders recorded by ...

Business Update

L3Harris Unveils AMORPHOUS Software to Revolutionize Autonomous Operations, Secures $1 Billion U.S. Navy Co...

Published Mon, Feb 10 2025 8:51 PM UTC

L3Harris Technologies Pioneers Autonomous Control with AMORPHOUS and Expands Military Capabilities through Strategic ContractsIn a significant leap forward for military technology, L3Harris Technologies (NYSE: LHX) has unveiled AMORPHOUS an innovative software solution poised to revolutionize the operation of autonomous systems across various military applications. Announce...

Business Update

L3Harris Technologies Takes the Lead U.S. Army Orders $263 Million in Enhanced Night Vision Goggles Amid Strong Qua...

Published Tue, Jan 21 2025 6:17 PM UTC

In a significant move underscoring its position as a leader in defense technologies, L3Harris Technologies (NYSE: LHX) recently secured a $263 million contract from the U.S. Army for the continued production of its Enhanced Night Vision Goggle - Binocular (ENVG-B). This latest order marks the second full-scale production commitment under the Indefinite Delivery, Indefinite Q...

Business Update

L3Harris Technologies Navigating a New Era of Defense Innovation

Published Mon, Nov 25 2024 5:47 PM UTC

In a rapidly evolving technological landscape, few companies stand out as clearly as L3Harris Technologies. With recent developments that underscore its strength in advanced military technology, L3Harris is making significant strides in enhancing the capabilities of the United States and allied defense forces. Let s explore three pivotal updates that illustrate the company s...

Business Update

L3Harris Technologies Completes Safety of Flight Testing for Viper Shield Electronic Warfare Suite for F-16 Fighter...

Published Thu, Nov 7 2024 4:36 PM UTC

In a significant milestone for military aviation, L3Harris Technologies (NYSE: LHX), a global leader in electronic warfare solutions, has successfully completed the Safety of Flight (SOF) qualification for its Viper Shield all-digital electronic warfare (EW) suite designed specifically for the F-16 fighter jets. This accomplishment represents a critical advancement in improv...







L3harris Technologies Inc's Segments
SAS    31.8 % of total Revenue
IMS    31.58 % of total Revenue
CS    26.11 % of total Revenue
AR    11.26 % of total Revenue
Intersegment    -0.76 % of total Revenue
InterSAS    -0.23 % of total Revenue
InterIMS    -0.21 % of total Revenue
InterCS    -0.32 % of total Revenue
SAS United States    28.04 % of total Revenue
SAS International    3.53 % of total Revenue
SAS Fixed-price    19.12 % of total Revenue
SAS Cost-reimbursable    12.45 % of total Revenue
SAS segments    31.8 % of total Revenue
SAS Intersegment    -0.23 % of total Revenue
IMS United States    23 % of total Revenue
IMS International    8.37 % of total Revenue
IMS Fixed-price    23.77 % of total Revenue
IMS Cost-reimbursable    7.6 % of total Revenue
IMS segments    31.58 % of total Revenue
IMS Intersegment    -0.21 % of total Revenue
CS United States    18.42 % of total Revenue
CS International    7.37 % of total Revenue
CS Fixed-price    21.66 % of total Revenue
CS Cost-reimbursable    4.14 % of total Revenue
CS segments    26.11 % of total Revenue
CS Intersegment    -0.32 % of total Revenue
AR United States    11.04 % of total Revenue
AR International    0.23 % of total Revenue
AR Fixed-price    6.82 % of total Revenue
AR Cost-reimbursable    4.44 % of total Revenue
AR segments    11.26 % of total Revenue
Prime contractor SAS    19.05 % of total Revenue
Prime contractor IMS    19.86 % of total Revenue
Prime contractor CS    18.46 % of total Revenue
Prime contractor AR    2.82 % of total Revenue
Subcontractor SAS    12.53 % of total Revenue
Subcontractor IMS    11.51 % of total Revenue
Subcontractor CS    7.33 % of total Revenue
Subcontractor AR    8.45 % of total Revenue

  L3harris Technologies Inc Outlook

On January 30 2025 the L3harris Technologies Inc provided following guidance

nnL3Harris Technologies Inc. Overview: Fourth Quarter and Full-Year 2024 Results with 2025 Guidance Initiationnn

MELBOURNE, Fla. ? L3Harris Technologies (NYSE: LHX) has published its financial results for the fourth quarter and the entirety of 2024, while also setting the stage for guidance for the upcoming year, 2025. The company reported a diluted earnings per share (EPS) of $2.37 for the fourth quarter of 2024, coupled with impressive total revenues of $5.5 billion for the same period. When looking at the non-GAAP diluted EPS, the figure rises to $3.47, underscoring the firm?s strong financial performance.

The fourth quarter of 2024 has showcased the company?s growth trajectory and empha...





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