L3Harris Technologies, Inc. Common Stock (LHX)
Frequently Asked Questions About L3Harris Technologies, Inc. Common Stock (LHX)
How can investors learn more about L3Harris?
Investors interested in learning more about L3Harris Technologies can access a wealth of information through the company’s official website, where they can find news releases, financial reports, and corporate governance details. Additionally, the company holds quarterly earnings calls and provides presentations to investors that outline the state of the business and future strategic directions. Following L3Harris on financial news platforms and stock market alerts can also provide updates on their performance and industry developments.
How does L3Harris contribute to sustainability?
L3Harris Technologies is committed to sustainability and corporate responsibility through initiatives aimed at reducing environmental impact and promoting social responsibility. The company implements eco-friendly practices in its operations, invests in sustainable technologies, and engages in community programs. They strive to integrate sustainability into their business model, focusing on energy efficiency, waste reduction, and the development of sustainable products.
How does L3Harris support innovation?
L3Harris Technologies fosters a culture of innovation by investing in research and development (R&D) across its various business units. The company allocates a significant portion of its revenue towards R&D to drive technological advancements and stay ahead in the competitive landscape. Additionally, L3Harris collaborates with academic institutions, industry partners, and governmental organizations to promote innovative solutions that address current and future challenges in defense and aerospace.
How does L3Harris support the military?
L3Harris is a significant supporter of the military and defense agencies, providing advanced technologies and solutions that enhance operational capabilities. The company supplies crucial communication systems, intelligence, surveillance, and reconnaissance (ISR) technologies, and electronic warfare systems to support defense operations. This commitment involves collaboration with military personnel to understand their needs and ensures that L3Harris remains a trusted partner in defense modernization.
Is L3Harris publicly traded?
Yes, L3Harris Technologies, Inc. is publicly traded on the New York Stock Exchange under the ticker symbol LHX. Since becoming a publicly listed company following the merger in 2019, L3Harris has been actively engaged with its investors, providing transparency through regular financial reporting and communicating its strategic objectives, while also working on delivering shareholder value.
What are L3Harris Technologies' core values?
L3Harris Technologies emphasizes a set of core values that guide their operations and corporate culture. These values include integrity, excellence, teamwork, and innovation. The company is dedicated to fostering a diverse work environment, prioritizing customer satisfaction, and maintaining high ethical standards in all its engagements, which they believe are fundamental to driving success and achieving long-term sustainability.
What are L3Harris's major product lines?
L3Harris Technologies offers a diverse range of product lines across its business segments, including communication systems, avionics, electronic warfare systems, geospatial systems, and public safety equipment. Their major products include tactical communication radios, unmanned systems, satellite communication solutions, air traffic management technologies, and integrated avionics for military and commercial aircraft, meeting the varying needs of their customer base.
What does L3Harris Technologies, Inc. do?
L3Harris Technologies, Inc. is a global aerospace and defense technology company formed from the merger of L3 Technologies and Harris Corporation in 2019. The company provides advanced communication solutions, electronic systems, space and geospatial systems, and integrated avionics to government and commercial customers worldwide. Their products and services enable safe, secure, and reliable communications for military, civil, and commercial applications.
What financial performance has L3Harris shown recently?
L3Harris Technologies has exhibited strong financial performance since its formation, demonstrating growth in revenue and profitability driven by robust demand for defense and aerospace solutions. The company's financial results have shown resilience, with continued expansion in both government and commercial contracts, leading to consistent revenue growth and maintaining healthy profit margins. Investors can find detailed financial performance metrics in quarterly earnings reports.
What industries does L3Harris Technologies serve?
L3Harris Technologies serves multiple industries, primarily focusing on aerospace and defense, public safety, and commercial sectors. Their extensive portfolio includes products and services for military communications, intelligence, surveillance, reconnaissance systems, avionics, satellite systems, and emergency management. This diverse approach allows the company to address a variety of customer needs ranging from government contracts to commercial partnerships.
What is L3Harris's approach to diversity and inclusion?
L3Harris Technologies is dedicated to building a diverse and inclusive workforce as a vital component of its corporate culture. The company implements various initiatives aimed at enhancing diversity in hiring practices, professional development programs, and employee resource groups. L3Harris believes that a diverse workforce fosters creativity and innovation, ultimately contributing to better decision-making and business success.
What is L3Harris's outlook for future growth?
L3Harris Technologies maintains a positive outlook for future growth, driven by sustained demand in the defense and aerospace sectors amidst dynamic geopolitical conditions. The company is focused on expanding its product offerings, enhancing technological capabilities, and pursuing strategic acquisitions to accelerate growth. With increased military spending and a shift towards modernized defense solutions, L3Harris is positioned to capitalize on these opportunities and continue advancing its market leadership.
What kind of research does L3Harris conduct?
L3Harris Technologies engages in research across multiple technological areas pertinent to defense and aerospace. The company focuses on advancing communications, cybersecurity, artificial intelligence, and unmanned systems through R&D efforts. Their research initiatives aim to develop innovative solutions that enhance operational effectiveness and address major challenges faced by military and commercial customers worldwide.
What philanthropic initiatives does L3Harris support?
L3Harris Technologies engages in numerous philanthropic initiatives aimed at making a positive impact in communities where they operate. Their efforts focus on education, workforce development, and supporting veterans and their families. The company's charitable foundation provides grants and sponsorships to various organizations that align with these focus areas, further reinforcing L3Harris’s commitment to corporate social responsibility.
What recent acquisitions has L3Harris made?
L3Harris Technologies has pursued various strategic acquisitions to enhance its capabilities and expand its market reach. One significant acquisition was the purchase of Aerojet Rocketdyne in late 2020, aimed at enhancing their space propulsion systems. The company continuously evaluates acquisition opportunities that align with its strategic goals in technology development and market expansion within the aerospace and defense sectors.
What type of technologies does L3Harris specialize in?
L3Harris specializes in a wide range of technologies, including advanced communications systems, electronic warfare, avionics, tactical communications, geospatial systems, and cybersecurity solutions. The company is at the forefront of developing cutting-edge technologies that support defense and intelligence agencies, as well as commercial customers, enhancing capabilities in areas such as reconnaissance, surveillance, and secure communications.
When was L3Harris Technologies, Inc. founded?
L3Harris Technologies was formed on June 29, 2019, through the merger of L3 Technologies and Harris Corporation. Both predecessor companies have rich histories in the defense and aerospace sectors; Harris Corporation itself dates back to 1895, while L3 Technologies was founded in 1997. The merger aimed to create a more agile and capable technology company to address the evolving needs of the defense and aerospace markets.
Where is L3Harris Technologies, Inc. headquartered?
L3Harris Technologies is headquartered in Melbourne, Florida, USA. This location serves as a central hub for the company’s operations, which span across the globe with various offices, research facilities, and manufacturing plants. The headquarters plays a crucial role in coordinating L3Harris's strategic initiatives and collaborative efforts in developing cutting-edge technology solutions.
Who are L3Harris Technologies' main competitors?
L3Harris Technologies operates in a competitive environment with several key players in the aerospace and defense sectors. Its main competitors include Lockheed Martin, Northrop Grumman, Raytheon Technologies, Boeing, and General Dynamics. These companies also offer a wide array of technology and service solutions, resulting in a dynamic marketplace where innovation and technological advancements are crucial for success.
What is the current price of L3Harris Technologies, Inc. Common Stock?
The current price of L3Harris Technologies, Inc. Common Stock is 202.06
When was L3Harris Technologies, Inc. Common Stock last traded?
The last trade of L3Harris Technologies, Inc. Common Stock was at 7:00 pm EDT on April 4th, 2025
What is the market capitalization of L3Harris Technologies, Inc. Common Stock?
The market capitalization of L3Harris Technologies, Inc. Common Stock is 40.60B
How many shares of L3Harris Technologies, Inc. Common Stock are outstanding?
L3Harris Technologies, Inc. Common Stock has 200.94M shares outstanding.