Revenue segments as reported by the company.

Integrated Mission Systems

Space & Airborne Systems

Communication Systems

Aerojet Rocketdyne

Aviation Systems

Corporate eliminations

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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

Engineering, selling and administrative

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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

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.

L3Harris (LHX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate L3Harris (LHX) to Report a Decline in Earnings: What to Look Out for

MIRABEL, Quebec--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has been awarded a 4-year, $482 million USD performance based contract extension (PBC), with option years, to continue in-service support of the Royal Canadian Air Force's (RCAF) CF-18 Hornet fighter aircraft fleet until its retirement that is currently estimated to occur in 2032. Under a Sustainment Business Case Analysis process, the four Sustainment Initiative principles of Performance, Value for Money, Flexibility, and Econo

L3Harris Awarded a $482 Million USD Royal Canadian Air Force Contract Extension to Deliver Continued CF-18 Support

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Some investors are interested in stocks that pay high dividend yields for a source of income. Others believe it is better to focus on total returns over long periods.

Deep Dive: Dividend Aristocrat stocks can help you keep ahead of inflation. These 15 take top prizes for raising payouts.

Companies covered in Automatic Identification System Market are Furuno Electric Co. Ltd (Japan) Japan Radio Co. Ltd. (Japan) Saab AB (Sweden) ExactEarth Ltd (Canada) Orbcomm Inc. (U.S.) Garmin Ltd (U.S.) Kongsberg Gruppen ASA (Norway) True Heading AB (Sweden) C.N.S. Systems AB (Sweden) Wartsila OYJ Abp (Finland) ComNav Marine Ltd (Canada) L3Hariss Technologies Inc. (U.S.) and more players profiled. Companies covered in Automatic Identification System Market are Furuno Electric Co. Ltd (Japan) Japan Radio Co. Ltd. (Japan) Saab AB (Sweden) ExactEarth Ltd (Canada) Orbcomm Inc. (U.S.) Garmin Ltd (U.S.) Kongsberg Gruppen ASA (Norway) True Heading AB (Sweden) C.N.S. Systems AB (Sweden) Wartsila OYJ Abp (Finland) ComNav Marine Ltd (Canada) L3Hariss Technologies Inc. (U.S.) and more players profiled.

Automatic Identification System Market to Hit USD 374.8 Million by 2028 | Automatic Identification System Industry Exhibiting a CAGR of 5.94% during the Forecast Period

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has been awarded a contract by the Japan Meteorological Agency (JMA) for an advanced study which will significantly improve the accuracy and timing of Japan's weather forecasting. L3Harris will lead the geostationary hyperspectral infrared (IR) sounder study for the JMA's future enterprise. The six-month design study began last month and allows L3Harris to evaluate geostationary sounder instrument concepts. Sounders are advanced

L3Harris Selected to Lead Advanced International Weather Satellite Study

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) will host a conference call on Friday, April 29, 2022, at 8:30 a.m. Eastern Time (ET) to discuss its first quarter 2022 financial results. The dial-in numbers for the teleconference are (U.S.) 877-407-6184 and (International) 201-389-0877, and participants will be directed to an operator. Please allow at least 10 minutes before the scheduled start time to connect to the teleconference. Participants are encouraged to listen via w

L3Harris Sets Date for First Quarter Earnings Call

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has been awarded $117 million for option-year three of a U.S. Space Force and U.S. Space Command contract to continue maintaining and modernizing infrastructure to track objects in space. The Maintenance Of Space Situational Awareness Integrated Capabilities (MOSSAIC) program has an estimated contract value of $1.2 billion over 10 years. L3Harris won the initial MOSSAIC contract in February 2020 to maintain and upgrade radar and

L3Harris Awarded $117 Million Space Object-Tracking Modernization Contract

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has established a new innovation accelerator and collaboration initiative - the Agile Development Group - to rapidly address near-peer, national security threats. The ADG includes 2,500 dedicated engineers, program managers, technicians and operations professionals focused on advanced, front-end and rapid capability development. Initial focus areas include advanced sensors, mission systems, unmanned systems and weapons systems,

L3Harris Announces Agile Development Group New Innovation Accelerator to Address Near-Peer Threats

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) and venture capital firm Shield Capital formed a strategic partnership to foster emerging defense and commercial technologies that address customers' growing requirements for innovative, agile solutions that can be rapidly fielded. The agreement provides L3Harris access to disruptive innovators for technology transfer, teaming arrangements, direct investments or potential acquisitions and partnered contracts. Working with Shield

L3Harris and Shield Capital Form Strategic Partnership to Accelerate Defense, Commercial Technology Solutions

L3Harris (LHX) or Thales Defense, whoever wins the contract, is going to modernize SINCGARS radios to align with the National Security Agency crypto modernization requirements.

L3Harris (LHX), Thales Defense to Compete for SINCGARS Deal

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) engineers integrated a complex system of mirrors on NASA's James Webb Space Telescope, then simulated the harsh conditions of space to rigorously test the functions, ensuring the successful capture of ancient light providing insights into the universe's origins. More than a decade of careful, methodical work by L3Harris, dating back to 2003, led to the successful 18-mirror alignment just announced by NASA, confirming Webb's ‘eye

L3Harris' Successful ‘Eye' Integration, Extreme Testing Enabled James Webb Space Telescope Images

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Producing strong growth rates on the top and bottom lines on a short-term basis is one thing, but demonstrating growth over a longer period of time is much more impressive.

A Trio of Names Growing at High Rates

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Defense stocks are on the rise this year as defense budgets grow. Dividend paying names like Raytheon and Lockheed Martin could prosper.

7 Defense Stocks That Pay Dividends: Are They a Buy?

BAE Systems PLC

BWX Technologies

These are the defense stocks to invest in now to benefit from rising military spending. BWXT, LHX, LMT and NOC can make great investments.

8 Defense Stocks to Protect Your Portfolio During War

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

Boeing

Rada Electronic

Textron

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

The three defense stocks in this article are good buys during times of conflict.

3 Defense Stocks That Profit From Every Warfare

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

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

AeroVironment

Current events move the defense sector front of mind.

Why Defense Stocks Rocketed Higher in February

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.

News for L3Harris Stock (LHX)