• Aerospace & Defense
  • Industrials
L3Harris Technologies, Inc. logo
L3Harris Technologies, Inc.
LHX · US · NYSE
237.15
USD
-2.87
(1.21%)
Company Overview

1025 W NASA BLVD,MELBOURNE FL 32919,3217279100

CEO

Mr. Christopher E. Kubasik CPA

Employess

50000

Sector

Industrials

Industry

Aerospace & Defense

Website

https://www.l3harris.com

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, modification, and periodic depot maintenance services for ISR and airborne missions. It also manufactures and integrates mission systems for maritime platforms, such as signals intelligence and multi-intelligence platforms; unmanned surface and undersea autonomous solutions; and power and ship control systems and other electronic and electrical products and systems. In addition, this segment offers advanced electro-optical and infrared solutions. 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 communications; broadband secured mobile networked communication equipment, including airborne, space, and surface data link terminals, ground stations, and transportable tactical satellite communication (SATCOM) systems for use in manned aircraft, unmanned aerial vehicles, and naval ships; and helmet and weapon mounted integrated night vision systems. This segment also offers radios, systems applications, and equipment for critical public safety and professional communications; and SATCOM terminals and battlefield management networks. Its Aviation Systems segment offers defense aviation products; commercial pilot training; 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.

Next Earnings Date

Oct. 24, 2024

Ex Dividends date

Sep. 20, 2024

Dividend Date

Sept. 6, 2024

YTD Performance

13.16%

Fiscal Year End

12-31

IPO Date

1981-12-31

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 14.50% 23.35% 2.20% 13.81%
EPS 2.61% -4.25% 7.35% 16.79%
Equity 26.24% 41.03% -3.26% 1.31%
Cash -0.02% 1.11% -24.01% -36.36%
Return On Capital (ROIC) 8.93% 7.07% 7.14% 6.25%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 2,080 820 13 10 389
Long Term Debt 10,900 6,970 7,820 7,680 6,690
LT Finance Leases 948 741 768 734 781
Shares Outstanding 190 192 201 214 221
Market Cap 39,900 39,900 42,900 40,500 43,800
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
Watch These 3 Defense Stocks for Q2 Earnings: Beat or Miss?
2 months

Rising interest expenses might have hurt aerospace-defense stocks' Q2 earnings amid mixed delivery impacts. Let's see how LHX, NOC & RTX report.

zacks.com
Will Sales Volume Benefit L3Harris (LHX) in Q2 Earnings?
2 months

L3Harris' (LHX) Q2 results are likely to reflect the benefits of strong sales volume growth and favorable synergies from the Aerojet acquisition amid the impact of higher interest expenses.

zacks.com
L3Harris Q2 Earnings Preview: Can The Outperformance Continue
2 months

L3Harris Technologies stock has rallied sharply despite ongoing challenges stemming from supply chain issues and significant acquisitions. Expectations for LHX's Q2 earnings report include strong growth in adjusted EPS and revenue, but these warrant a closer look given the consolidation of Aerojet Rocketdyne in Q3 2023. I also discuss L3Harris' operational rationalization program, expected deleveraging, and the potential for a return to more meaningful dividend growth.

seekingalpha.com
Winning With Trump: My Top Dividend Picks For Your Portfolio
2 months

As the 2024 General Election nears, it's essential to understand the potential impact of a Trump presidency on our portfolios without bias. Trump's policies could affect sectors like energy, agriculture, and healthcare, shaping the broader economic landscape significantly. By staying informed and adaptable, we can better navigate these uncertain times and enhance our chances of success.

seekingalpha.com
L3Harris Announces Quarterly Dividend
2 months

MELBOURNE, Fla.--(BUSINESS WIRE)--The Board of Directors of L3Harris Technologies (NYSE:LHX) has declared a quarterly cash dividend of $1.16 per common share, payable Sept. 20, 2024, to shareholders of record as of the close of business on Sept. 6, 2024. 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, se.

businesswire.com
L3Harris (LHX) Reports Next Week: Wall Street Expects Earnings Growth
2 months

L3Harris (LHX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

zacks.com
Why L3Harris (LHX) is Poised to Beat Earnings Estimates Again
2 months

L3Harris (LHX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

zacks.com
Final Trades: Pfizer, L3Harris Tech, the RSP and GDX
2 months

The Investment Committee give you their top stocks to watch for the second half.

youtube.com
Underappreciated And Undervalued: Why L3Harris Remains A Dividend Favorite
2 months

Underappreciated And Undervalued: Why L3Harris Remains A Dividend Favorite

seekingalpha.com
L3Harris Sets Date for Second Quarter 2024 Earnings Release
3 months

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) will release its second quarter 2024 financial results on Thursday, July 25, 2024, after market close. The company will then host an earnings call on Friday, July 26, 2024, at 8:30 a.m. ET. Participants are encouraged to listen via webcast at L3Harris.com. The dial-in numbers for the teleconference are (U.S.) 877-407-6184 and (International) +1 201-389-0877, and participants will be directed to an operator. A recording of the ca.

businesswire.com
Buying Value The Smart Way - 3 Fantastic Dividend Stocks To Buy Now
3 months

In a challenging market, I recommend a defensive strategy focused on quality stocks at deep-value prices. High S&P 500 valuations suggest subdued returns, emphasizing cautious investing. The AI-driven rally has skewed expectations, benefiting a few stocks. Despite early underperformance, I believe in the long-term potential of value investing based on historical trends. Focus on companies with strong fundamentals, consistent dividends, and growth potential. This approach offers stability and outperformance in a demanding investment landscape.

seekingalpha.com
CesiumAstro Secures $65M in Oversubscribed Funding Round
3 months

AUSTIN, Texas--(BUSINESS WIRE)-- #Aerospace--CesiumAstro Inc. (“CesiumAstro” or “the Company”), a leading provider of space communications technology, announced today the closing of a $65 million Series B+ funding round. The round was led by Trousdale Ventures, with matching participation from Development Bank of Japan Inc. (“DBJ”) and Quanta Computer, Inc. (TWSE: 2382.TW). Renowned investors, including Kleiner Perkins, Lavrock Ventures, L3Harris Technologies (NYSE: LHX), InMotion Ventures (JLR's investment.

businesswire.com