L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. It operates through three segments: Space & Mission Systems (SMS), Communications & Spectrum Dominance (CSD), and Missile Solutions (MSL). The SMS segment integrates satellite and payload capabilities, including missile warning and defense, with maritime, air special missions, and other global defense and civil government programs. Its MSL segment unites propulsion, hypersonic, and other advanced missile technologies. The CSD 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, such as 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 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.
Market Outlook | Analyst price targets range from $240 to $274, reflecting varied perspectives on L3Harris's growth potential amid evolving defense industry dynamics |
Strategic Evolution | Delve into L3Harris's cost-saving initiatives and portfolio optimization, aimed at enhancing operational efficiency and competitive positioning |
Segment Spotlight | Explore L3Harris's diverse portfolio, from Integrated Mission Systems to Space and Airborne Systems, showcasing the company's broad market presence |
Defense Resilience | L3Harris Technologies demonstrates strength in aerospace and defense sectors, with robust financial performance and strategic initiatives driving growth |
Metrics to compare | LHX | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipLHXPeersSector | |
|---|---|---|---|---|
P/E Ratio | 41.4x | 32.5x | 12.6x | |
PEG Ratio | 4.94 | 1.00 | 0.03 | |
Price / Book | 3.4x | 3.5x | 1.4x | |
Price / LTM Sales | 3.0x | 1.7x | 1.3x | |
Upside (Analyst Target) | 10.2% | 22.9% | 20.0% | |
Fair Value Upside | Unlock | 3.8% | 5.5% | Unlock |