L3Harris Technologies, Inc. (LHX)

US — Industrials Sector
Peers: URI  AXON  PCAR  ROP  HEI  CARR  NOC  AME  FERG 

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Key Metrics & Ratings

  • symbol LHX
  • Rev/Share 116.9251
  • Book/Share 105.0
  • PB 3.2592
  • Debt/Equity 0.5319
  • CurrentRatio 1.1892
  • ROIC 0.0528

 

  • MktCap 64027582456.0
  • FreeCF/Share 14.3422
  • PFCF 23.8731
  • PE 39.8475
  • Debt/Assets 0.2535
  • DivYield 0.014
  • ROE 0.0828

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 4
  • P/B Score 2
  • D/E Score 2

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade LHX Morgan Stanley Equal Weight Overweight -- $367 Dec. 16, 2025
Initiation LHX Citigroup -- Buy -- $331 Dec. 12, 2025
Initiation LHX BNP Paribas Exane -- Neutral -- $290 Nov. 18, 2025
Upgrade LHX Goldman Sell Buy -- $263 April 11, 2025
Upgrade LHX Bernstein Market Perform Outperform $289 $267 Jan. 8, 2025
Downgrade LHX Raymond James Outperform Market Perform -- -- Jan. 2, 2025
Upgrade LHX Wolfe Research Peer Perform Outperform -- $300 Oct. 10, 2024

News

Gold, Copper, and Missiles: 3 Big Dividend Raises After a Breakout Year
FNV, LHX, SCCO
Published: February 02, 2026 by: MarketBeat
Sentiment: Positive

For the defense and mining industries, 2025 was a standout year. The iShares U.S. Aerospace & Defense ETF BATS: ITA tracks the performance of a basket of over 40 U.S. aerospace and defense companies.

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image for news Gold, Copper, and Missiles: 3 Big Dividend Raises After a Breakout Year
L3Harris (LHX) is a Top-Ranked Momentum Stock: Should You Buy?
LHX
Published: February 02, 2026 by: Zacks Investment Research
Sentiment: Positive

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

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image for news L3Harris (LHX) is a Top-Ranked Momentum Stock: Should You Buy?
AVAV or LHX: Which Defense Stock Looks Stronger Right Now?
AVAV, LHX
Published: January 30, 2026 by: Zacks Investment Research
Sentiment: Positive

AeroVironment and L3Harris draw investor focus as rising defense spending boosts demand for unmanned systems, space technology and advanced military programs.

Read More
image for news AVAV or LHX: Which Defense Stock Looks Stronger Right Now?
L3Harris Technologies, Inc. (LHX) Q4 2025 Earnings Call Transcript
LHX
Published: January 29, 2026 by: Seeking Alpha
Sentiment: Neutral

L3Harris Technologies, Inc. (LHX) Q4 2025 Earnings Call Transcript

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image for news L3Harris Technologies, Inc. (LHX) Q4 2025 Earnings Call Transcript
L3Harris (LHX) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
LHX
Published: January 29, 2026 by: Zacks Investment Research
Sentiment: Neutral

While the top- and bottom-line numbers for L3Harris (LHX) give a sense of how the business performed in the quarter ended December 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Read More
image for news L3Harris (LHX) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
L3Harris Q4 Earnings Surpass Estimates, Revenues Rise Y/Y
LHX
Published: January 29, 2026 by: Zacks Investment Research
Sentiment: Positive

LHX posts Q4 earnings beat and mixed segment results; it also issues 2026 guidance as defense demand and program performance shaped its quarter.

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image for news L3Harris Q4 Earnings Surpass Estimates, Revenues Rise Y/Y
Artisan Global Opportunities Fund Q4 2025 Portfolio Update
ARGX, BAESY, BKR, BSX, COF, COIN, INSM, LEG, LHX, LRCX, LRLCY, NFLX, ORCL, PYPL, RTX, SBUX, SGI, SNOW, TCEHY, ZTS
Published: January 29, 2026 by: Seeking Alpha
Sentiment: Neutral

Among our top contributors in Q4 were Argenx, Lam Research and Insmed. Among our biggest detractors in Q4 were Oracle, Netflix and BAE Systems. During the quarter, we initiated new positions in RTX (Raytheon), Capital One and Somnigroup. In addition to Insmed and BAE, we also added to L3Harris, a global aerospace and defense company.

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image for news Artisan Global Opportunities Fund Q4 2025 Portfolio Update
What Analyst Projections for Key Metrics Reveal About L3Harris (LHX) Q4 Earnings
LHX
Published: January 27, 2026 by: Zacks Investment Research
Sentiment: Neutral

Get a deeper insight into the potential performance of L3Harris (LHX) for the quarter ended December 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.

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image for news What Analyst Projections for Key Metrics Reveal About L3Harris (LHX) Q4 Earnings
Will L3Harris (LHX) Beat Estimates Again in Its Next Earnings Report?
LHX
Published: January 23, 2026 by: Zacks Investment Research
Sentiment: Positive

L3Harris (LHX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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image for news Will L3Harris (LHX) Beat Estimates Again in Its Next Earnings Report?
L3Harris Announces Quarterly Dividend
LHX
Published: January 23, 2026 by: Business Wire
Sentiment: Neutral

MELBOURNE, Fla.--(BUSINESS WIRE)--The Board of Directors of L3Harris Technologies (NYSE: LHX) has approved an increase in the company's per share quarterly cash dividend rate from $1.20 to $1.25 commencing with the dividend for the first quarter of the year, payable March 20, 2026, to shareholders of record as of the close of business on March 6, 2026. The dividend corresponds to an increase in the annualized rate from $4.80 to $5.00. About L3Harris Technologies L3Harris is the Trusted Disrupto.

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image for news L3Harris Announces Quarterly Dividend
Analysts Estimate L3Harris (LHX) to Report a Decline in Earnings: What to Look Out for
LHX
Published: January 22, 2026 by: Zacks Investment Research
Sentiment: Negative

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.

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image for news Analysts Estimate L3Harris (LHX) to Report a Decline in Earnings: What to Look Out for
3 Aerospace-Defense Stocks to Watch as Defense Spending Ramps Up
HII, LHX, LUNR
Published: January 20, 2026 by: Zacks Investment Research
Sentiment: Positive

Aerospace-Defense stocks like LHX, HII and LUNR are poised to gain from increased defense spending and rising global air travel.

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image for news 3 Aerospace-Defense Stocks to Watch as Defense Spending Ramps Up
Howmet vs. L3Harris: Which Aerospace & Defense Stock Has Greater Upside?
HWM, LHX
Published: January 19, 2026 by: Zacks Investment Research
Sentiment: Positive

HWM stands out against LHX on stronger commercial and defense aerospace growth, rising estimates, and faster sales and profit momentum despite a richer valuation.

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image for news Howmet vs. L3Harris: Which Aerospace & Defense Stock Has Greater Upside?
L3Harris Blasts Off With a $1 Billion Pentagon Payload
LHX
Published: January 15, 2026 by: MarketBeat
Sentiment: Positive

Wall Street often reacts to defense contracts, but today the market is responding to something bigger: a fundamental restructuring of how the government supports the defense industry. Shares of L3Harris Technologies NYSE: LHX climbed in the third week of January 2026, trading near all-time highs in the $350-$360 range.

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image for news L3Harris Blasts Off With a $1 Billion Pentagon Payload
L3Harris Partners With DoW to Boost Solid Rocket Motor Capacity
LHX
Published: January 14, 2026 by: Zacks Investment Research
Sentiment: Positive

LHX unveils a first-of-its-kind partnership with the DoW, securing $1 billion in funding and setting the stage for a 2026 Missile Solutions IPO.

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image for news L3Harris Partners With DoW to Boost Solid Rocket Motor Capacity
Defense Dept. CTO on the Pentagon's new AI strategy
LHX
Published: January 13, 2026 by: CNBC Television
Sentiment: Positive

Emil Michael, the Under Secretary of Research and Engineering and the Pentagon's CTO talks to Morgan Brennan about his department's new AI strategy and the government's new $1 billion investment in L3Harris Technologies' growing rocket motor business.

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image for news Defense Dept. CTO on the Pentagon's new AI strategy
Why Pentagon Didn't Buy L3Harris Common Stock — And Why That Matters
LHX
Published: January 13, 2026 by: Benzinga
Sentiment: Neutral

The Pentagon's DOW, otherwise known as the Defense Department, didn't buy L3Harris Technologies Inc (NYSE: LHX) common stock. It bought something far more useful: leverage over how fast missiles get built.

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image for news Why Pentagon Didn't Buy L3Harris Common Stock — And Why That Matters
A Deal With the Pentagon and Planned Spin-Off Has This Defense Stock at Record Highs
LHX
Published: January 13, 2026 by: Investopedia
Sentiment: Positive

L3Harris (LHX) shares are rising to fresh highs Tuesday, thanks to a show of support from the U.S. government.

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image for news A Deal With the Pentagon and Planned Spin-Off Has This Defense Stock at Record Highs
Defense CEOs Get Paid a Lot. Trump Is Pushing Them to Deliver.
LHX, NOC, RTX
Published: January 09, 2026 by: Barrons
Sentiment: Negative

The president ordered future contracts to ensure base salaries for defense company CEOs are capped at current levels if contractors fail to perform.

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image for news Defense CEOs Get Paid a Lot. Trump Is Pushing Them to Deliver.
LHX to Sell Majority Stake in Space Propulsion Business for $845M
LHX
Published: January 06, 2026 by: Zacks Investment Research
Sentiment: Positive

L3Harris agrees to sell a majority stake in its Space Propulsion and Power Systems unit to AE Industrial for $845M, retaining 40% ownership.

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image for news LHX to Sell Majority Stake in Space Propulsion Business for $845M
CORRECTING and REPLACING AE Industrial to Acquire Majority Stake in L3Harris' Space Propulsion & Power Business – “Rocketdyne”
LHX
Published: January 06, 2026 by: Business Wire
Sentiment: Neutral

BOCA RATON, Fla.--(BUSINESS WIRE)--First paragraph, first sentence of release dated January 5, 2026, should read: AE Industrial Partners, LP (“AE Industrial”), a private investment firm focused on technologies and services considered critical to aerospace and national and economic security, today announced that it has signed a definitive agreement to acquire a controlling interest in the Space Propulsion and Power Systems business of L3Harris Technologies (NYSE: LHX). (instead of AE Industrial.

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image for news CORRECTING and REPLACING AE Industrial to Acquire Majority Stake in L3Harris' Space Propulsion & Power Business – “Rocketdyne”
L3Harris Announces Reorganization of Its Businesses
LHX
Published: January 05, 2026 by: Business Wire
Sentiment: Neutral

MELBOURNE, Fla.--(BUSINESS WIRE)--Effective today, L3Harris Technologies (NYSE: LHX) has reorganized its business structure from four to three business segments, more closely aligning its portfolio with the future of warfare. The three business segments and leaders are as follows: Space & Mission Systems, led by Sam Mehta Communications & Spectrum Dominance, led by Jon Rambeau Missile Solutions, led by Ken Bedingfield In addition, Ken Bedingfield will continue to serve as SVP & CFO,.

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image for news L3Harris Announces Reorganization of Its Businesses
L3Harris Wins $843M Deal to Produce 18 Infrared Satellites for SDA
LHX
Published: December 23, 2025 by: Zacks Investment Research
Sentiment: Positive

LHX wins a deal valued at up to $843 million to build 18 infrared satellites for SDA's Tranche 3 Tracking Layer, boosting missile detection and warfighter connectivity.

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image for news L3Harris Wins $843M Deal to Produce 18 Infrared Satellites for SDA
Space Development Agency Awards L3Harris $843 Million Contract for Tracking Layer Satellites
LHX
Published: December 19, 2025 by: Business Wire
Sentiment: Neutral

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has received a contract from the Space Development Agency (SDA) to build 18 infrared satellites for the Tranche 3 (T3) Tracking Layer. The contract, valued up to $843 million, includes ground software, operations and sustainment functions. These tracking layer satellites will enhance the SDA Proliferated Warfighter Space Architecture (PWSA) constellation, which is designed to protect the United States from advanced missile thre.

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image for news Space Development Agency Awards L3Harris $843 Million Contract for Tracking Layer Satellites
L3Harris Demonstrates Interoperable Network to Unify Department of War and U.S. Government Agencies
LHX
Published: December 11, 2025 by: Business Wire
Sentiment: Neutral

ARLINGTON, Va.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) hosted U.S. government officials for a first-of-its-kind demonstration of software-defined capabilities that enable separate federal agencies to communicate instantly across domains. The full-scale, end-to-end demonstration united tactical communications devices, counter-UAS capabilities, advanced imaging technologies and mobile operations centers with command-and-control systems, successfully illustrating unmatched connectivity.

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image for news L3Harris Demonstrates Interoperable Network to Unify Department of War and U.S. Government Agencies
L3Harris Wins Contract to Produce Propulsion Units for GMLRS
LHX
Published: December 11, 2025 by: Zacks Investment Research
Sentiment: Positive

LHX secures a follow-on GMLRS propulsion unit contract worth up to $200M, marking its largest award for 12 months.

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image for news L3Harris Wins Contract to Produce Propulsion Units for GMLRS
Nothing Can Stop Defense Stocks Right Now
AVAV, GD, HII, KTOS, LHX, LMT, NOC, RTX
Published: November 04, 2025 by: Schaeffers Research
Sentiment: Positive

Subscribers to Chart of the Week received this commentary on Sunday, November 2.

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image for news Nothing Can Stop Defense Stocks Right Now
AVAV or LHX: Which Stock Stands Stronger in Today's Defense Boom?
AVAV, LHX
Published: October 31, 2025 by: Zacks Investment Research
Sentiment: Positive

AeroVironment and L3Harris gain momentum in the global defense boom with major contracts, new partnerships and rising investor interest.

Read More
image for news AVAV or LHX: Which Stock Stands Stronger in Today's Defense Boom?
L3Harris Beats Q3 Earnings Estimates, Raises '25 Revenue View
LHX
Published: October 30, 2025 by: Zacks Investment Research
Sentiment: Positive

LHX posts solid Q3 results with earnings and revenue beats across all segments and lifts its 2025 revenue outlook.

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image for news L3Harris Beats Q3 Earnings Estimates, Raises '25 Revenue View
L3Harris (LHX) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
LHX
Published: October 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Although the revenue and EPS for L3Harris (LHX) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Read More
image for news L3Harris (LHX) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

About L3Harris Technologies, Inc. (LHX)

  • IPO Date 1981-12-31
  • Website https://www.l3harris.com
  • Industry Aerospace & Defense
  • CEO Christopher E. Kubasik
  • Employees 47000

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.