| Market Capitalization (Millions $) |
47,102 |
| Shares
Outstanding (Millions) |
188 |
| Employees |
45,000 |
| Revenues (TTM) (Millions $) |
38,694 |
| Net Income (TTM) (Millions $) |
1,732 |
| Cash Flow (TTM) (Millions $) |
73 |
| Capital Exp. (TTM) (Millions $) |
464 |
Business Description
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 Zagreb 32919 City of Zagreb
Company Phone Number: 727-9100 Stock Exchange / Ticker: NYSE LHX
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