Revenue segments as reported by the company.

Integrated Mission Systems

Space & Airborne Systems

Communication Systems

Aerojet Rocketdyne

Aviation Systems

Corporate eliminations

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Interest expense, net

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

L3Harris

L3Harris Technologies, Inc. engages in the provision of defense and commercial technologies across the air, land, sea, space, and cyber domains. It operates through the following segments: Integrated Mission Systems, Space and Airborne Systems, Communication Systems, and Aviation Systems. The Integrated Mission Systems segment consists of multi-mission ISR and communication systems, integrated electrical and electronic systems for maritime platforms, and advanced electro-optical and infrared solutions. The Space and Airborne Systems segment consists of space payloads, sensors and full-mission solutions, classified intelligence and cyber defense, avionics, and electronic warfare. The Communication Systems segment consists of tactical communications, broadband communications, integrated vision solutions, and public safety. The Aviation Systems segment is composed of defense aviation products, security, detection and other commercial aviation products, air traffic management, and commercial and military pilot training. The company was founded in 1890 and is headquartered in Melbourne, FL.

Earnings data Q1 2021

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L3Harris (LHX) exceeds Q4 expectations, focuses on growth and stability

L3Harris (LHX) delivered strong Q4 results, with a focus on growth and margin stability in 2023. Strategic M&A activities and investments in key growth areas position the company for future success. Challenges around supply chain, inflation, and margin outlook require proactive management.

L3Harris reports strong Q1 earnings, eyes higher revenue opportunities

L3Harris had a robust Q1, with strong financial performance and a positive outlook for the year. The company is strategically positioned to capitalize on international bookings and working capital improvements. Challenges lie in managing debt levels post the Aerojet acquisition while focusing on profitability and operational enhancements.

L3Harris reports robust Q2 earnings, eyes Aerojet synergy for growth

L3Harris' strong financial performance in Q2 2023, coupled with the Aerojet acquisition, positions the company for growth and innovation in the defense industry. Operational improvements, increased guidance, and a focus on space sector success highlight L3Harris' strategic direction.

L3Harris excels in Q3, eyes growth and efficiency gains

L3Harris demonstrated strong financial performance, strategic alignment, and commitment to shareholder value.
Challenges lie in maintaining margins, reducing debt, and optimizing operations amidst industry dynamics.
Opportunities for growth, efficiency gains, and strategic investments position L3Harris for future success.
Investor Day offers a platform to communicate growth strategies and engage with investors and stakeholders.

L3Harris reports record orders and margin focus for 2023

L3Harris achieved strong financial performance in 2023, with record orders and a focus on margin expansion and free cash flow growth.
The company's strengths lie in strong international orders, successful product lines like tactical radios, and improved supply chain management.
Challenges include sub-tier supplier issues, supply chain obstacles, and potential structural issues in defense industry pricing.
Opportunities exist in debt reduction, shareholder returns, international growth, and operational efficiencies for margin expansion and free cash flow growth.

L3Harris posts robust Q1 earnings, eyes international growth opportunities

L3Harris reported strong Q1 2024 earnings, raised guidance, and is focused on financial optimization and international growth. The company faces challenges in reducing leverage and optimizing bidding strategies. However, opportunities in international markets and revenue growth strategies present promising avenues for future success.

L3Harris excels in Q2 2024, eyes European defense market

L3Harris delivered robust financial results, emphasized operational efficiency gains, and reaffirmed guidance for revenue, margin rate, and EPS. The company's focus on optimizing workforce and infrastructure, coupled with strategic divestitures, positions it well for future growth and shareholder value creation.

L3Harris reports strong Q3 performance, eyes growth and efficiency

L3Harris had a strong quarter with record order volume, robust margins, and increased revenue across all segments.
The company's strategic partnerships, cost-saving initiatives, and focus on growth and profitability position them well for future success.
Challenges include flat revenue in the SAS segment and ongoing portfolio shaping efforts, while opportunities lie in anticipated growth and program advancements.
Overall, L3Harris is confident in maintaining and growing market share, delivering advanced solutions, and driving profitability.

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L3Harris Technologies, Inc. engages in the provision of defense and commercial technologies across the air, land, sea, space, and cyber domains. It operates through the following segments: Space and Airborne Systems, Integrated Mission Systems, Communication Systems, and Aerojet Rocketdyne. The Space and Airborne Systems segment provides full mission solutions as a prime and subsystem integrator in the space, airborne and cyber domains. The Integrated Mission Systems segment focuses on the differentiated mission capabilities and prime systems integration for the air, land and sea domains. The Communication Systems segment enables warfighters across all domains with solutions critical to mission success even in the most contested environments. The Aerojet Rocketdyne segment includes propulsion, power and armament products and systems to U.S. government, including the DoD, National Aeronautics and Space Administration (“NASA”) and major aerospace and defense prime contractors. The company was founded in 1890 and is headquartered in Melbourne, FL.

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MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) published its annual Sustainability Report, highlighting the company's strategy for, and progress within, its Environmental, Social and Governance (ESG) program. “We continue to make meaningful strides with our ESG efforts as they become engrained in the L3Harris culture,” said Christopher E. Kubasik, Vice Chair and CEO. “We advanced in key areas including environmental impact, employee engagement, and governance standards which

L3Harris Publishes Annual Sustainability Report

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The Russian-Ukrainian War could spread, so Europe needs equipment to protect its borders and support its neighbors to safeguard democracy. The post 7 Defense Stocks to Protect Your Portfolio From the Russia-Ukraine War appeared first on InvestorPlace.

7 Defense Stocks to Protect Your Portfolio From the Russia-Ukraine War

The Invesco Aerospace & Defense ETF (PPA) has shot up more than 10% over the past two weeks as Russia's Putin made it clear that he's out to achieve his goal in Ukraine via “negotiation or war”. Matthew Akers reveals his favourite defense stocks According to Wells Fargo's Matthew Akers, the trend is likely to […] The post Matthew Akers picks two defense stocks to buy amidst Ukraine war appeared first on Invezz.

Matthew Akers picks two defense stocks to buy amidst Ukraine war

Against the backdrop of the Russia-Ukraine conflict, the U.S. defense budget could increase to 3.5% to 4% of GDP, according to BofA Securities. The Defense Analyst: Ronald Epstein reiterated the ratings for defense stocks while raising their price targets.

Which 6 Defense Stocks Did A BofA Analyst Raise The Price Targets?

Wells Fargo analyst Matthew Akers raises the price target of four Aerospace & Defense companies. The analyst believes the valuation is likely to remain high on elevated tensions for some time to come.

Wells Fargo Raises Price Target On Several Aerospace & Defense Companies

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L3Harris (LHX) reported earnings 30 days ago. What's next for the stock?

Why Is L3Harris (LHX) Up 21.5% Since Last Earnings Report?

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The L3Harris Technologies (NYSE: LHX) board has approved a 10% increase in the per share quarterly cash dividend rate. These are the details.

L3Harris Technologies (LHX) Stock: 10% Dividend Increase Declared

MELBOURNE, Fla.--(BUSINESS WIRE)--The Board of Directors of L3Harris Technologies (NYSE:LHX) has approved a 10 percent increase in the company's per share quarterly cash dividend rate from $1.02 to $1.12, commencing with the dividend for the first quarter of 2022, which is payable March 25, 2022 to shareholders of record on the close of business on March 11, 2022. The dividend corresponds to an increase in the annualized rate from $4.08 to $4.48 and represents the third double-digit dividend in

L3Harris Announces 10 Percent Quarterly Dividend Increase

I decided to buy more L3Harris thanks to the company's ability to boost dividends and protect investors in uncertain times.

L3Harris Is A Cheap Dividend Growth Stock

MELBOURNE, Fla.--(BUSINESS WIRE)--Students from West Melbourne School for Science in Florida operate a T7 robot, with the guidance of engineers from L3Harris Technologies, as part of a series of events the company hosted around the world to inspire future innovators during National Engineers Week (EWeek), February 20-26. Many of the company's 19,000 engineers participated in a variety of activities as part of the annual celebration recognizing the significant contributions engineers make to soc

L3Harris Engineers and Scientists Celebrate National Engineers Week

Global stocks declined sharply on Thursday as investors reacted to the new crisis in Europe. Futures tied to the Dow Jones and Nasdaq 100 indices have continued their downward trend.

Best 4 military industrial complex stocks as Russia invades Ukraine

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies' (NYSE:LHX) third high-resolution weather instrument is set to launch March 1 onboard a NOAA satellite – strengthening the nation's ability to monitor the environment and rapidly detect severe weather. The Advanced Baseline Imager (ABI) is the primary instrument for the Geostationary Operational Environmental Satellite-T (GOES-T), the third in a series of four advanced geostationary weather satellites with L3Harris' ABI onboard. The ABIs a

L3Harris High-Resolution Weather Instrument Set to Launch March 1 on NOAA's GOES-T Satellite

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MELBOURNE, Fla.--(BUSINESS WIRE)--The fourth Advanced Baseline Imager (ABI) built by L3Harris Technologies (NYSE:LHX) has been successfully integrated into NOAA's Geostationary Operational Environmental Satellite-U (GOES-U), completing the series of advanced weather sensors for the GOES program, slated to launch in 2024. The ABIs onboard the GOES series of satellites provide revolutionary technology by advancing weather observation and environmental monitoring services, and also by providing mo

L3Harris Completes Imager Integration for NOAA's Advanced Environmental Satellite

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) Vice Chair and CEO Chris Kubasik and Senior Vice President and Chief Financial Officer Michelle Turner will present at the Barclays Industrial Select Conference on Wednesday, February 23, 2022. The live event is scheduled to start at 8:00 a.m. ET and remarks will be streamed (listen-only) at L3Harris.com. A replay will be available through the company's website for seven days following the event. About L3Harris Technologies L3Ha

L3Harris CEO and CFO to Present at Barclays Industrial Select Conference, Wednesday, February 23, 2022

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European stocks dropped sharply on Monday, extending last week's selloff. Investors, meanwhile, focused on some notable insider trades.

Discover Financial Services And 3 Other Stocks Sold By Insiders

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has been selected by the U.S. Space Force to continue efforts to upgrade and modernize its space domain awareness, which is used to help combat anti-satellite threats. The U.S. Air Force began work in 2018 to replace the Space Defense Operations Center (SPADOC) with the Advanced Tracking and Launch Analysis System (ATLAS). L3Harris has been developing applications in a new architecture that will allow ATLAS to scale and handle t

L3Harris Selected to Integrate, Accelerate US Space Force's ATLAS Space Domain Awareness Project

Wells Fargo analyst Matthew Akers lowered L3Harris Technologies Inc's  LHX price target to $240 (an upside of 15%) from $254 and maintained an Overweight rating on the shares.  Akers notes the stock trades at a discount to its defense peers despite his belief that it is a portfolio well-matched to Department of Defense spending priorities with less single-program concentration risk.

Wells Fargo, Susquehanna Cut L3Harris Price Target Following Q4 Results

L3Harris Technologies' (LHX) Q4 earnings increase 5% year over year. Its revenues of $4,350 million miss the Zacks Consensus Estimate by 2.7%.

L3Harris (LHX) Q4 Earnings Top Estimates, Revenues Fall Y/Y

L3Harris Technologies Inc. (LHX) CEO Christopher Kubasik on Q4 2021 Results - Earnings Call Transcript

News for L3Harris Stock (LHX)