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L3Harris Technologies, Inc.
NYSE-LHX
Company Overview
L3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides multi-mission intelligence, surveillance, and reconnaissance (ISR) systems; and communication systems, as well as fleet management support, sensor development, modification, and periodic depot maintenance services for ISR and airborne missions. It also manufactures and integrates mission systems for maritime platforms, such as signals intelligence and multi-intelligence platforms; unmanned surface and undersea autonomous solutions; and power and ship control systems and other electronic and electrical products and systems. In addition, this segment offers advanced electro-optical and infrared solutions. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber defense solutions; mission avionics; and electronic warfare systems. The company's Communication Systems segment provides tactical communications; broadband secured mobile networked communication equipment, including airborne, space, and surface data link terminals, ground stations, and transportable tactical satellite communication (SATCOM) systems for use in manned aircraft, unmanned aerial vehicles, and naval ships; and helmet and weapon mounted integrated night vision systems. This segment also offers radios, systems applications, and equipment for critical public safety and professional communications; and SATCOM terminals and battlefield management networks. Its Aviation Systems segment offers defense aviation products; commercial pilot training; and mission networks solutions for air traffic management. 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.
Name
L3Harris Technologies, Inc.
CEO
Mr. Christopher E. Kubasik CPA
Website
www.l3harris.com
Sector
Aerospace and Defense
Year Founded
1895
Profile
Market Cap
$43.11B
EV
$55.88B
Shares Out
189.71M
Revenue
$20.77B
Employees
50,000
Margins
Gross
26.33%
EBITDA
17.75%
Operating
11.5%
Pre-Tax
5.57%
Net
5.73%
FCF
7.15%
Returns (5Yr Avg)
ROA
4.25%
ROTA
12.25%
ROE
7.83%
ROCE
8.63%
ROIC
7.25%
Valuation (TTM)
P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—
Valuation (NTM)
Price Target
$254.65
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
Financial Health
Cash
$547M
Net Debt
$12.71B
Debt/Equity
0.7
EBIT/Interest
3.52
Growth (CAGR)
Rev 3Yr
4.19%
Rev 5Yr
—
Rev 10Yr
—
Dil EPS 3Yr
-4.39%
Dil EPS 5Yr
—
Dil EPS 10Yr
—
Rev Fwd 2Yr
6.62%
EBITDA Fwd 2Yr
6.84%
EPS Fwd 2Yr
7.38%
EPS LT Growth Est
8.94%
Dividends
Yield
—
Payout
73.31%
DPS
$4.6
DPS Growth 3Yr
7.14%
DPS Growth 5Yr
—
DPS Growth 10Yr
—
DPS Growth Fwd 2Yr
10.85%