L3Harris Technologies Inc - Company Profile
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Business Description
L3Harris Technologies Inc (L3Harris) is a provider of advanced defense and commercial technology solutions. It delivers end-to-end technology solutions connecting the space, air, land, sea, and cyber domains to support national security. The company serves customers in more than 100 countries, with its largest customers being various departments and agencies of the US Government, their prime contractors, and international allies. Its capabilities have applications in defense, civil government, and commercial sectors.
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R&D Overview
L3Harris is expanding its research and development capabilities across various domains, including space, air, land, sea, and cyber. The company conducts R&D activities using both its own funds and under contractual arrangements, which allows it to innovate and develop new technologies that meet the evolving needs of its customers. The company’s LHX NeXt enterprise transformation initiative and its integration of advanced digital tools like Palantir Foundry, this approach focuses on rapid development, modular open-systems architecture, and fast-tracked deployment. The company creates modular, upgradeable technologies like the VAMPIRE counter-drone system, DiSCO electronic warfare framework, and next-generation solid rocket motors. This rapid prototyping approach minimizes the developmental gridlock typical of traditional aerospace giantsThe company is focusing on hypersonic defense, autonomous maritime vessels, and software-defined tactical communications, delivering advanced capabilities to national security forces. L3Harris holds a substantial portfolio of patents, trade secrets, know-how, confidential information, trademarks, copyrights, and other intellectual property. The company routinely applies for new patents and copyrights and licenses intellectual property to and from third parties. Notably, the US Government holds an irrevocable, non-exclusive, royalty-free license to use or authorize others to use inventions covered by certain patents owned by L3Harris. This arrangement underscores the company's role in supporting national security through technological advancements. In FY2025, the company incurred expenses of US million on R&D, which as a percentage of revenue, stood at 2.5%.
Business Segments
Overview
Comprises two businesses: Missile Solutions, and Space Propulsion and Power Systems. Under Missile Solutions, it offers propulsion technologies and armament systems for hypersonic, strategic defense, missile defense, and tactical systems. Under Space Propulsion and Power Systems, the company offers premier propulsion and power systems designed for national security, space, and exploration missions. Major customers include the Department of Defense (DoD), the National Aeronautics and Space Administration (NASA), and major aerospace and defense prime contractors.
Performance
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Overview
Consists of four businesses, including broadband communications, tactical communications, public safety and professional communications, and integrated vision solutions. Provides tactical radios, software, software and integrated broadband networks, waveforms, satellite terminals, weapon-mounted sights, aiming lasers, and range finders. Major customers include the US Department of Defense, international, federal, and state agencies.
Performance
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Overview
Delivers delivers mission capabilities and systems integration for intelligence, reconnaissance, surveillance, passive sensing, targeting, electronic attack, autonomy, power, communications, networks, and sensors. Comprises four businesses: maritime; intelligence, surveillance and reconnaissance (ISR); global optical systems; defense electronics; and commercial aviation solutions. It serves national security and international customers.
Performance
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Overview
Provides full mission solutions in the space, airborne, and cyber domains, including space systems, intelligence and cyber solutions, mission networks, and airborne combat systems. It comprises of four businesses: Intel and Cyber, Space Systems, Mission Networks, and Airborne Combat Systems. Under Space Systems, provides comprehensive mission solutions to support intelligence, surveillance, and reconnaissance, navigation and timing, weather and climate monitoring and ground-based space surveillance networks. Under Mission Network, it delivers networking and communications solutions for air traffic management. Under Intel and Cyber, offers intelligence systems, advanced wireless solutions and situational awareness optical networks for classified defense and intelligence customers Under Airborne Combat Systems, it offers sensors, unmanned aircraft systems, processors, hardened electronics, precision weapons, infrared search and tracking, weapons release systems; distributed aperture systems and precision pointing, antennas for aircraft platforms. Major customers include national security, civil government, and international customers.
Performance
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Geographical Segments
Performance
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Performance
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