L3Harris Technologies Inc

Industrials
$234.77
-2.99(1.26%) 1D
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Performance

Open PricePrev. CloseVolumeAvg. Volume
$239.14$237.76643,164750,297

Fundamentals

Market Cap$44.53B
P/B Ratio2.4
P/E Ratio38
Enterprise Value$57.76B
Div. Yield1.95%
Book Value98.34
EPS(TTM)7.81
ROE8.00%
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About the Company

L3Harris Technologies is an American company that serves as an innovator of global aerospace and defence technology. This company was formed in 2019 due to a merger between Harris Corporation and L-3 Communications. It is recognized as the United States’ sixth largest defence contractor. This company has its headquarters stationed at Melbourne, Florida. It operates as a defence contractor and provides information technology services across the land, space, sea, air and cyber domains for commercial clients and the government. It has over 48,000 employees and a clientele based in more than 400 locations across Europe, Africa, South America, Asia, and Australia, as of Jan 2021. Notably, L3Harris Technology specialises in electronic warfare, surveillance solutions, and microwave weaponry. Some of its most popular products include AVCATT, hailstorm phone trackers, StingRay, and OpenSky. This company is organised under four distinct segments: integrated mission systems, aviation systems, space and airborne systems, and communication systems. L3Harris Technologies’ major customers include several departments and agencies of the United States government. Around 3/4 of this company’s revenue comes from the US government, especially its Department of Defence. L3Harris Technologies shares are registered on the New York Stock Exchange (NYSE) under the ticker symbol of LHX. Following the merger, the L3 shares ceased to trade, and each L3 share was converted into 1.3 shares of L3Harris. It is also included in the S&P 500 list. L3Harris Technologies, Inc. is the ultimate parent company that has 167 subsidiaries and 683 branches. In 2018, L3 Technologies acquired ASV Ltd. which is now a subsidiary of the L3Harris Technologies Inc. Notably, ASV is a part of the UMS or Unmanned Maritime Systems division, which comes directly under the Maritime Systems of this company’s Integrated Mission Systems segment. The Department of Defence acknowledged L3Harris Technologies as the company with the Highest Industrial Security Practices. This company was recognised for its facilities for sixteen consecutive years. It was awarded the 129th and 155th rank in Forbes’ Best Employers for Veterans 2020 and Best Employers for New Grads 2020. It also secured the 421st position in its Global 2000 2020 list.;
OrganisationL3Harris Technologies Inc
IndustryAerospace & Defense
HeadQuartersMelbourne, FL

Company Financials

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