LHX official logo LHX
LHX 4-star rating from Upturn Advisory
L3Harris Technologies Inc (LHX) company logo

L3Harris Technologies Inc (LHX)

L3Harris Technologies Inc (LHX) 4-star rating from Upturn Advisory
$277.74
Last Close (24-hour delay)
upturn advisory logo
PASS
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

12/03/2025: LHX (4-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 4 star rating for performance

Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Number of Analysts

4 star rating from financial analysts

25 Analysts rated it

Well-followed company, solid analyst reports, reliable data for confident investing.

1 Year Target Price $334.16

1 Year Target Price $334.16

Analysts Price Target For last 52 week
$334.16 Target price
52w Low $189.46
Current$277.74
52w High $306.84

Analysis of Past Performance

Type Stock
Historic Profit 40.49%
Avg. Invested days 67
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/03/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 51.26B USD
Price to earnings Ratio 29.49
1Y Target Price 334.16
Price to earnings Ratio 29.49
1Y Target Price 334.16
Volume (30-day avg) 25
Beta 0.65
52 Weeks Range 189.46 - 306.84
Updated Date 12/2/2025
52 Weeks Range 189.46 - 306.84
Updated Date 12/2/2025
Dividends yield (FY) 1.75%
Basic EPS (TTM) 9.29

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 8.09%
Operating Margin (TTM) 12.88%

Management Effectiveness

Return on Assets (TTM) 4.28%
Return on Equity (TTM) 9.13%

Valuation

Trailing PE 29.49
Forward PE 21.98
Enterprise Value 62321231295
Price to Sales(TTM) 2.36
Enterprise Value 62321231295
Price to Sales(TTM) 2.36
Enterprise Value to Revenue 2.87
Enterprise Value to EBITDA 16.02
Shares Outstanding 187052847
Shares Floating 186246649
Shares Outstanding 187052847
Shares Floating 186246649
Percent Insiders 0.34
Percent Institutions 89.57

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

L3Harris Technologies Inc

L3Harris Technologies Inc(LHX) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

L3Harris Technologies was formed in 2019 through the merger of L3 Technologies and Harris Corporation. Harris was founded in 1895. The merged company became a leading technology innovator, delivering mission-critical solutions to defense and commercial sectors.

Company business area logo Core Business Areas

  • Space and Airborne Systems: Provides mission solutions, including advanced sensors, payloads, and integrated mission solutions for space, airborne, and maritime applications.
  • Communication Systems: Offers advanced communication systems, including tactical radios, satellite communication solutions, and public safety communication systems.
  • Integrated Mission Systems: Delivers intelligence, surveillance and reconnaissance (ISR), electronic warfare, and advanced defense technologies.

leadership logo Leadership and Structure

Christopher E. Kubasik is the Chair and Chief Executive Officer. The organizational structure includes various business segments, each led by a president reporting to the CEO. Key functional areas include finance, operations, engineering, and human resources.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Tactical Radios (Falcon Series): Offers secure and reliable communication for military and public safety. Competitors: Collins Aerospace (RTX), Thales. Market share estimated at 20% of the global tactical radio market. Generated approximately $1.5 Billion revenue in 2023.
  • Space-Based Sensors: Provides advanced sensors for intelligence gathering and weather monitoring. Competitors: Ball Aerospace, Lockheed Martin. This is a highly specialised market with limited players. Estimated Revenue in 2023 was $800 million
  • Electronic Warfare Systems: Electronic warfare technologies that protect assets and enable dominance in the electromagnetic spectrum. Competitors: Northrop Grumman, Raytheon. Estimated revenue in 2023 was $1.2 Billion

Market Dynamics

industry overview logo Industry Overview

The defense and aerospace industry is characterized by high barriers to entry, long development cycles, and strong government regulation. Key trends include increased spending on advanced technologies, cybersecurity, and space exploration.

Positioning

L3Harris is a leading technology innovator in the defense and aerospace industry, with a strong focus on advanced communication, electronic warfare, and space-based solutions. It has a strong reputation for technical expertise and reliable products.

Total Addressable Market (TAM)

The global defense market is estimated to reach $2 trillion by 2027. L3Harris is well-positioned to capture a significant portion of this TAM through its diversified portfolio of products and services.

Upturn SWOT Analysis

Strengths

  • Strong market position in defense and aerospace
  • Diversified product portfolio
  • Technical expertise and innovation
  • Established relationships with government and commercial customers
  • Significant R&D investments

Weaknesses

  • Dependence on government contracts
  • Exposure to geopolitical risks
  • Integration challenges from mergers and acquisitions
  • High R&D costs
  • Cybersecurity risks

Opportunities

  • Increased defense spending by governments worldwide
  • Growth in cybersecurity market
  • Expansion into emerging markets
  • Development of new technologies such as artificial intelligence and quantum computing
  • Increased demand for space-based solutions

Threats

  • Budget cuts in defense spending
  • Intensifying competition
  • Technological obsolescence
  • Economic downturns
  • Geopolitical instability

Competitors and Market Share

Key competitor logo Key Competitors

  • RTX
  • NOC
  • BA

Competitive Landscape

L3Harris competes with a number of large defense contractors. Its competitive advantages include its diversified product portfolio, technical expertise, and established relationships with government and commercial customers. Disadvantages might stem from integration challenges.

Major Acquisitions

Aerojet Rocketdyne

  • Year: 2023
  • Acquisition Price (USD millions): 4700
  • Strategic Rationale: Expands L3Harris's capabilities in missile and space propulsion systems, increasing its competitiveness in the defense and space sectors.

Growth Trajectory and Initiatives

Historical Growth: L3Harris has experienced steady growth in revenue and earnings over the past decade, driven by acquisitions and organic growth.

Future Projections: Analysts project continued growth for L3Harris, with revenue expected to increase by 4-6% per year over the next few years.

Recent Initiatives: Recent initiatives include investments in R&D, strategic acquisitions, and partnerships with other technology companies.

Summary

L3Harris Technologies Inc. is a strong player in the defense and aerospace industry, benefiting from a diversified portfolio and technical expertise. The company's dependence on government contracts presents a risk, but increased defense spending globally provides opportunities. Recent acquisitions enhance capabilities, and focusing on integration and cybersecurity is crucial. The long-term growth potential is promising with continued innovation and strategic partnerships.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • L3Harris Technologies Inc. Investor Relations
  • SEC Filings
  • Market Research Reports
  • Analyst Estimates

Disclaimers:

This analysis is based on publicly available information and analyst estimates. It is not financial advice, and readers should conduct their own due diligence before making investment decisions. Market conditions and company performance can change rapidly.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About L3Harris Technologies Inc

Exchange NYSE
Headquaters Melbourne, FL, United States
IPO Launch date 1981-12-31
Chairman & CEO Mr. Christopher E. Kubasik CPA
Sector Industrials
Industry Aerospace & Defense
Full time employees 47000
Full time employees 47000

L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. It operates through Space & Airborne Systems (SAS), Integrated Mission Systems (IMS), Communication Systems (CS), and Aerojet Rocketdyne (AR) segments. The SAS segment provides satellite space payloads, sensors, and full-mission solutions; classified intelligence and cyber; airborne combat systems; and mission networks for air traffic management operations. The IMS segment offers intelligence, surveillance, and reconnaissance (ISR) systems; passive sensing and targeting; electronic attack platforms; autonomy; power and communications; networks; and sensors. The CS segment provides tactical radios, software, waveforms, satellite terminals, and end-to-end battlefield systems for the U.S. Department of Defense, international, federal, and state agency customers; broadband communications; integrated vision solutions, including helmet-mounted integrated night vision goggles with image intensifier tubes and weapon-mounted sights, aiming lasers, and range finders; and public safety radios, and system applications and equipment. The AR segment offers propulsion technologies and armament systems for strategic defense, missile defense, hypersonic, and tactical systems; and space propulsion and power systems for national security 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.