L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. The company’s Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber; mission avionics; electronic warfare systems; and mission networks systems for air traffic management operations. The company’s Communication Systems segment provides broadband communications; tactical radios, software, satellite terminals, and end-to-end battlefield systems for the U.S. Department of Defense, international, federal, and state agency customers; integrated vision solutions, including helmet-mounted integrated night vision goggles with leading-edge image intensifier tubes and weapon-mounted sights, aiming lasers, and range finders; and public safety radios, and system applications and equipment. Its Aerojet Rocketdyne segment provides propulsion technologies and armament systems for strategic defense, missile defense, hypersonic, and tactical systems; and space propulsion and power systems for national security, and space and exploration missions. 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 based in Melbourne, Florida.
Defense Tech Titan | L3Harris Technologies, a $42.3B market cap defense giant, showcases resilience amid industry shifts, leveraging strategic acquisitions and cost-saving initiatives |
Financial Fortitude | Explore L3Harris's robust financial performance, with $21.1B revenue and $3.7B EBITDA, underpinned by a 23-year dividend growth streak and promising margin projections |
Segment Synergies | Delve into L3Harris's diverse portfolio, from Integrated Mission Systems to Aerojet Rocketdyne, driving growth through key contracts and technological advancements |
Market Dynamics | Analysts set price targets ranging from $240 to $274, reflecting mixed sentiments on L3Harris's growth potential amid evolving defense industry landscapes |
Metrics to compare | LHX | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipLHXPeersSector | |
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P/E Ratio | 32.7x | 31.1x | 11.8x | |
PEG Ratio | −1.76 | 0.53 | 0.03 | |
Price/Book | 2.1x | 2.7x | 1.4x | |
Price / LTM Sales | 1.9x | 2.1x | 1.2x | |
Upside (Analyst Target) | 29.4% | 36.1% | 26.3% | |
Fair Value Upside | Unlock | 7.1% | 8.2% | Unlock |