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%

NYSE:LHX