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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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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

The headline numbers for L3Harris (LHX) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

L3Harris (LHX) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

L3Harris (LHX) came out with quarterly earnings of $2.97 per share, beating the Zacks Consensus Estimate of $2.94 per share. This compares to earnings of $3.23 per share a year ago.

L3Harris (LHX) Q2 Earnings and Revenues Beat Estimates

Aerojet Rocketdyne Holdings

Aerospace and defense company L3Harris Technologies on Wednesday said it was informed that the U.S. Federal Trade Commission would not block its $4.7 billion deal for Aerojet Rocketdyne.

L3Harris says deal for Aerojet gets go-ahead from U.S. regulator

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) announced its second quarter fiscal year 2023 results in an Investor Letter posted to the Investor Relations section of the company's website. Christopher E. Kubasik, Chair and CEO, and Michelle Turner, Chief Financial Officer, will host an approximately 45-minute call on July 27, 2023, 8 a.m. ET, focused on questions and answers. To access the teleconference, participants in the U.S. may call 877-407-6184, while international p.

L3Harris Releases Second Quarter 2023 Results

Boeing

General Dynamics

Teledyne Technologies

Earnings of the aerospace sector, which houses the aerospace and defense stocks, are expected to decline 9% from the prior-year quarter's reported figure. Let's see how BA, GD, TDY & LHX reports.

Aerospace & Defense Stock Q2 Earnings on Jul 26: BA, GD & More

L3Harris' (LHX) Q2 results are likely to reflect solid sales performance amid higher input costs and interest expenses.

Will Higher Interest Costs Hurt L3Harris (LHX) in Q2 Earnings?

L3Harris (LHX) secures a $17 million contract for providing Space Fence System Sustainment Services.

L3Harris (LHX) Wins Service Deal for Space Fence System

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) will release financial results for its second quarter 2023 on Wednesday, July 26, 2023 after market close. The company's results will be published in an Investor Letter and made available at L3Harris.com. The company will host a call on Thursday, July 27, 2023 at 8 a.m. ET. The call will last approximately 45 minutes and be focused on questions and answers. The dial-in numbers for the teleconference are (U.S.) 877-407-6184 and (.

L3Harris Sets Date for Second Quarter Earnings Release

U.S. Senator Elizabeth Warren, a Democrat and frequent merger critic, joined three other lawmakers on Tuesday to urge the Defense Department to thoroughly review defense contractor L3Harris Technologies' $4.7 billion deal for Aerojet Rocketdyne Holdings.

US Senator Warren, others warn against L3Harris plan to buy Aerojet

L3Harris Technologies is down nearly 30% from its all-time high last year amid the uncertainties around the debt ceiling. The defense company should benefit from NATO's potential increase in defense spending requirements for its members. The acquisition of Aerojet Rocketdyne is expected to boost its presence in the aerospace industry and increase its financial visibility.

L3Harris Technologies: A Compelling Defense Giant On Sale

L3Harris beat expectations last quarter and guided for an even stronger fiscal 2023. Sales growth still looks anemic -- although L3Harris hopes to goose its growth rate by buying Aerojet Rocketdyne.

Q1 Was Bad for L3Harris -- and Things Could Get Worse

Lockheed Martin

Lockheed Martin has raised concerns with the U.S. Defense Department and Federal Trade Commission about L3Harris's acquisition of Aerojet Rocketdyne , Lockheed's Chief Operating Officer Frank St. John said on Tuesday.

Lockheed says it has raised concerns over L3Harris-Aerojet deal

Aerojet Rocketdyne needs a partner to remain competitive, and L3Harris is an ideal candidate.

Aerojet's Merger With L3Harris Is Crucial To Preserving Competition In Large Solid Rocket Motors

L3Harris Technologies reported good Q1 2023 results despite ongoing challenges, with a solid demand environment and a high book-to-bill ratio. Nevertheless, a closer look is warranted. LHX stock remains undervalued due to the prevailing uncertainties discussed in the article, but the growth prospects are solid. The likely successful acquisition of Aerojet Rocketdyne will provide a significant tailwind. LHX is a compelling investment opportunity that continues to fly under the radar due to the lack of narrative tailwinds and weak Wall Street coverage.

L3Harris: The Missing Narrative Tailwind

SDA contract award will see MDA design and build 14 flight sets of Ka-Band steerable antennas and control electronics BRAMPTON, ON , June 7, 2023 /PRNewswire/ - MDA Ltd. (TSX: MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, today announced it has been awarded a contract from L3Harris Technologies (NYSE: LHX) as part of the Space Development Agency's (SDA) Tranche 1 Tracking Layer program.

MDA SELECTED BY L3HARRIS FOR SPACE DEVELOPMENT AGENCY'S TRANCHE 1 TRACKING LAYER CONSTELLATION

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No matter what period in history you look at, there is almost always some sort of global conflict.

Mega-Cap Defense Stocks Cheap as Russia-Ukraine War Demand Skyrockets: 5 ‘Strong Buy' Dividend Picks to Buy Now

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) will participate in the Wells Fargo Industrials Conference at 8:45 a.m. CDT on June 13, 2023. Michelle Turner, Chief Financial Officer, and Ed Zoiss, President, Space & Airborne Systems, will present at the event. The presentation will stream live on the L3Harris website with a recording available following the event. About L3Harris Technologies L3Harris Technologies is the Trusted Disruptor for the global aerospace and defe.

L3Harris to Present at Wells Fargo Industrials Conference

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Buy-Alert: 3 Undervalued Buffett-Style Dividend Gems I'm Buying

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) Chair and Chief Executive Officer Christopher E. Kubasik and Chief Financial Officer Michelle Turner will present at the Bernstein Annual Strategic Decisions Conference at 8:00 a.m. ET, June 1, 2023. The presentation will stream live on the L3Harris website with a recording available following the event. About L3Harris Technologies L3Harris Technologies is the Trusted Disruptor for the global aerospace and defense industry. With.

L3Harris CEO and CFO to Present at Bernstein Annual Strategic Decisions Conference

ROCHESTER, N.Y.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) announced orders totaling $160 million from the Marine Corps for multi-channel handheld and vehicular radio systems, bringing total program orders to $336 million. The two new orders from the Marine Corps are under a 10-year, competitively awarded $750 million indefinite delivery, indefinite quantity contract for L3Harris Falcon IV® manpack and handheld radios. The technology in these radios enables greater interoperability amon.

L3Harris Receives US Marine Corps Orders for Multi-Channel Radios

Strong revenue growth contradicts the bearish L3Harris stock chart that started late last year. Aerojet Rocketdyne acquisition to add meaningfully to results down the road.

Why Buy L3Harris As Shares Dip Lower

BOSTON--(BUSINESS WIRE)--Zapata Computing, the software company building solutions to enterprises' most computationally complex problems, today announced that it has delivered 30 quantum computing challenge scenarios to the Defense Advanced Research Projects Agency alongside L3Harris and several other industry leaders. The scenarios will help determine potential quantum computing benefits across defense, chemistry, finance, machine learning and other areas. As part of their $7.3 million contrac.

Zapata Computing and L3Harris Partner to Explore Quantum Computing Solutions for DOD

1Q23 results showed organic growth in revenue of 7%, and adjusted EPS of $2.86, slightly beating the consensus estimate of $2.85. The company is also likely to benefit from the US Department of Defense's decision to increase its 2024 budget.

News for L3Harris Stock (LHX)