L3Harris Technologies Inc (LHX)

Over the past six months, L3Harris Technologies' stock (LHX) has experienced significant positive movement, surging approximately 61-65% over the past year and hitting an all-time high of $335.77. The stock's strong performance has been fueled by the successful integration of Aerojet Rocketdyne and the announcement of a massive new missile defense partnership. In Q3 2025, L3Harris reported earnings per share (EPS) of $2.70, surpassing the consensus estimate, and quarterly revenue rose 6.9% year-over-year, leading to management raising its 2025 revenue guidance to $22 billion. L3Harris Technologies plans to spin off its missile business into a new public company, backed by a $1 billion Pentagon investment. L3Harris was reportedly selling a 60% stake in its space and propulsion businesses to AE Industrial Partners for over $500 million, while retaining full ownership of the RS-25 rocket engine. Wall Street analysts have remained largely bullish on LHX, with over 75% maintaining a "Buy" or "Strong Buy" rating as of January 2026.

Demand for L3Harris Technologies' products and services generally does not exhibit significant seasonality. As a provider of mission-critical solutions for government and commercial customers, particularly in the aerospace and defense sector, the company's market identity is defined by technical execution and program delivery. Defense and aerospace projects often involve long-term contracts and extend over multiple years, requiring consistent performance, upgrades, and lifecycle services. Geopolitical tensions and rising global defense budgets also underpin strong and sustained demand for the company's products.

L3Harris Technologies, Inc. is an American technology company, defense contractor, and information technology services provider operating in the Aerospace and Defense industry. It delivers end-to-end technology solutions across air, land, sea, space, and cyber domains for government and commercial customers worldwide. As of 2026, L3Harris is organized into three strategic business segments: Space & Mission Systems (SMS), Communications & Spectrum Dominance (CSD), and Missile Solutions (MSL). The company's customer base is predominantly the U.S. Department of Defense (DoD), accounting for approximately 75% of revenue, with the remainder coming from international allies and civil government agencies like NASA.

L3Harris Technologies serves customers in over 100 countries globally. Its worldwide operations are supported by L3Harris International, which manages global, regional, and country-specific strategies, maintains customer and partner relationships, and seeks new business and industrial partnerships. The company's significant subsidiaries are primarily located in North America and Europe, which together host 76.22% of its material entities. L3Harris has over 400 locations worldwide.

In the past year, L3Harris Technologies has maintained a strong and positive brand reputation, positioning itself as a "Trusted Disruptor" in the defense industry. L3Harris announced its LHX Excellence Awards, recognizing six teams for achievements in operational excellence. L3Harris has been featured on several Forbes lists in 2025 and 2026, including "America's Best-In-State Companies," "America's Dream Employers," "Most Trusted Companies in America," and "World's Best Employers." The company's reputation is bolstered by its focus on technological capabilities, product quality, and cost-effectiveness, with its "LHX NeXt" cost-savings initiative contributing to operational excellence.

L3Harris Technologies, Inc. has a significant institutional ownership, with institutions holding approximately 89% of the company's ownership. Insiders own less than 1% of the company, while the general public holds around 11% to 20.66%. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., Capital World Investors, State Street Corp., Price T Rowe Associates Inc /md/, Geode Capital Management, Llc., Wells Fargo & Company/mn, and Wellington Management Group Llp.