L3Harris Technologies Inc (LHX)

In the past six months, L3Harris Technologies' stock has been impacted by strong second-quarter 2025 results, leading to increased full-year guidance. The company declared a quarterly cash dividend of $1.20 per common share. L3Harris secured a $2.26 billion contract from the Republic of Korea for AEW&C aircraft, a $939.6 million contract from the U.S. Navy for MIDS radio systems, and a $24 million contract from the U.S. Army for software-defined data devices. Analyst sentiment has been generally positive, with a consensus of "Moderate Buy". The stock has risen over 42% year-to-date as of October 23. CEO Christopher E. Kubasik sold 83,000 shares in September 2025, and institutional investors have actively modified their holdings.

Customer demand for L3Harris Technologies' solutions remains robust, with a record backlog of $33 billion in 2023. The consistent and strong demand from government and defense sectors suggests a relatively stable demand pattern for its mission-critical technologies, rather than a highly seasonal one.

L3Harris Technologies, Inc. (LHX) is a global aerospace and defense technology company providing mission-critical solutions. It operates within the Industrials sector, specializing in Industrial Machinery/Components and Aerospace & Defense. The company offers diverse products and services across space, air, land, sea, and cyber domains, including command and control systems, wireless equipment, avionics, ISR systems, and cyber defense solutions. L3Harris was formed in June 2019 through the merger of L3 Technologies and Harris Corporation.

L3Harris Technologies is headquartered in Melbourne, Florida, and has a significant global presence with 78 office locations, serving customers in over 100 countries. Its international operations are supported by L3Harris International, focusing on global strategies. The company has corporate locations and operations in countries such as Australia, Canada, India, Saudi Arabia, Singapore, South Korea, Taiwan, the UAE, and the United Kingdom.

In the past year, L3Harris Technologies has maintained a strong brand reputation, driven by significant contract awards and solid financial performance. The company positions itself as a "Trusted Disruptor" for the defense industry. Positive events include the $2.26 billion contract with the Republic of Korea for AEW&C aircraft, the U.S. Navy deal for MIDS radio systems, and the U.S. Army contract for software-defined data devices. There have been no widely reported negative events significantly impacting L3Harris Technologies' reputation.

Institutional investors hold a dominant stake in L3Harris Technologies, owning approximately 84.76% to 86% of the company's stock. Major institutional owners include The Vanguard Group, Inc., BlackRock, Inc., Capital World Investors, State Street Corp, Price T Rowe Associates Inc /md/, Wellington Management Group Llp, and Geode Capital Management, Llc. Individual insider ownership is less than 1% of the company.