L3Harris Technologies Inc Overview
Industry: Aerospace & Defense
Sector: Industrials
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 platform 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 broadband communications; tactical radios, software-defined radios for key DoD network modernization programs and satellite communication terminals, and battlefield management networks for U.S. and international defense customers; integrated vision solutions, including helmet-mounted integrated night vision goggles; heads up displays along with Clip-on Weapon Sights, and weapon-mounted aiming lasers and range finders; and public safety radios, and system applications and equipment. 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. 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 c Read MoreMavefund brings filings, fundamentals, valuation, price history and news for L3Harris Technologies Inc into one research view. The sections below show what strengthens or weakens the research case.
Score
Reported Results
What the company reported, with filing details kept small.
Quarterly result summary
Revenue was $5.7B (+12% YoY); EPS was $2.72 (+33% YoY).
Revenue
$5.7B
+12% YoY
EPS
$2.72
+33% YoY
What changed
- Revenue +12% YoY to $5.7B; EPS +33% YoY to $2.72.
Guidance / outlook
No formal outlook was extracted from this filing excerpt. Open the SEC source to review full management commentary.
Earnings release
Open filing
Source: SEC EDGAR company-filed earnings materials. Dates are shown only for verification; review the source filing before relying on extracted report details.
Prediction-grade evidence
Recent News
Company-relevant articles from sources that pass the Mave Signal relevance and reliability checks.
L3Harris wins U.S. Space Force contract for 18 missile-tracking AMDT3 satellites
Headline from Seeking Alpha: L3Harris wins U.S. Space Force contract for 18 missile-tracking AMDT3 satellites.
L3Harris Technologies (LHX) Is Up 6.5% After New Space Force Satellite Deal And Dividend Hike - What's Changed
Headline from Yahoo Finance: L3Harris Technologies (LHX) Is Up 6.5% After New Space Force Satellite Deal And Dividend Hike - What's Changed.
Is L3Harris Technologies (LHX) A Bargain Following Its Space Force Satellite Contract?
Headline from Yahoo Finance: Is L3Harris Technologies (LHX) A Bargain Following Its Space Force Satellite Contract?
L3Harris Technologies to Post Q2 Earnings: Here's What's in the Cards
Headline from Yahoo Finance: L3Harris Technologies to Post Q2 Earnings: Here's What's in the Cards.
L3Harris Announces Quarterly Dividend
Headline from Business Wire: L3Harris Announces Quarterly Dividend.
L3Harris (LHX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Headline from Yahoo Finance: L3Harris (LHX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release.
Earnings Per Share
Score 3.00/5
L3Harris Technologies Inc boasts a high score, as its Earnings Per Share (EPS) has demonstrated consistent growth over the past six years. Notable counterparts in the sector with high scores includes
TREX CO INC
Honeywell International Inc
Snap-On Inc
In
Aerospace & Defense industry
, CURTISS WRIGHT CORP
, Northrop Grumman Corporation
, Howmet Aerospace Inc
are companies with high ratings.
Return on Equity
Score 1.82/5
L3Harris Technologies Inc exhibits a lower score in the Return on Equity (ROE) section, falling below the sector median value and indicating a comparatively weaker performance in this metric. The top companies in the same sector include
TREX CO INC
Honeywell International Inc
Snap-On Inc
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Net Margin
Score 3.14/5
L3Harris Technologies Inc
commands a high score, propelled by its net margin consistently outpacing the sector median value and exhibiting continuous growth in recent six years; noteworthy counterparts in the sector, boasting similarly high scores, include
TREX CO INC
Honeywell International Inc
Snap-On Inc
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Leverage
Score 1.57/5
L3Harris Technologies Inc
registers a lower score in the category as a result of its elevated leverage ratio over the past six years compared to the sector median value. Conversely, other companies in the same sector, including
TREX CO INC
Honeywell International Inc
Snap-On Inc
have achieved high scores.
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Financial Statements
Company-reported SEC EDGAR facts organized into the three core statements.
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Source: SEC EDGAR companyfacts. Values are standardized company filings for research support, not personalized financial advice.
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