L3Harris Technologies Inc - Company Profile
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L3Harris Technologies Inc (L3Harris) provides products and technologies across sea, land, space, air, and cyber areas. The company offers integrated mission systems, space and airborne systems, communication systems, and aviation systems. It also provides commercial and military pilot training services, and mission-critical infrastructure communications and networking solutions. It serves various commercial and government customers, including the US Department of Defense (DoD), US Navy, US Army, US Air Force, National Aeronautics Space Administration, military aircraft manufacturers, US Marine Corps, military agencies, commercial airlines, automotive manufacturers and major aerospace and defense prime contractors. The company has business presence in the Americas, Asia-Pacific, Europe, the Middle East, and Africa. L3Harris is headquartered in Melbourne, Florida, the US.
Headquarters
United States of America
Address
1025 West Nasa Boulevard, Melbourne, Florida, 32919
Website
www.l3harris.com
Telephone
1 321 7279100
No of Employees
50,000
Industry
Aerospace and Defense
Ticker Symbol & Exchange
LHX (NYSE)
Revenue (2022)
$19.4B
13.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
15.5%
(2022 vs 2021)
Market Cap*
$38.5B
Net Profit Margin (2022)
XYZ
1.6%
(2022 vs 2021)
* As of and is in US$
L3Harris Technologies Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Electrical and Electronic Systems | Pilot Training Services | L3Harris |
| Intelligence, Surveillance and Reconnaissance (ISR) Systems | ||
| Communication Systems | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company awarded a US$31 million contract to Mercury Systems to deliver solid-state data recorders for the U.S. Space Development Agency (SDA)’s Tranche 2 Tracking Layer satellite constellation. |
| 2024 | Contracts/Agreements | In April, the company entered into an agreement to sell its antenna and related businesses to an affiliate of Kanders & Company, Inc. for US$200 million. |
| 2024 | Contracts/Agreements | In March, the company selected Maxar Space Systems to outline and production of eighteen Maxar 300 spacecraft platforms and associated support for its Tranche 2 Tracking Layer program. |
Competitor Comparison
| Key Parameters | L3Harris Technologies Inc | The Boeing Co | RTX Corp | Lockheed Martin Corp | General Dynamics Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Melbourne | Arlington | Arlington | Bethesda | Reston |
| State/Province | Florida | Virginia | Virginia | Maryland | Virginia |
| No. of Employees | 50,000 | 171,000 | 185,000 | 122,000 | 111,600 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Christopher E. Kubasik | Chief Executive Officer; Chairman | Executive Board | 2022 | 62 |
| Kenneth L. Bedingfield | Senior Vice President; Chief Financial Officer | Senior Management | 2023 | 51 |
| Kimberly Mackenroth | Vice President; Chief Information Officer | Senior Management | 2023 | - |
| Melanie Rakita | Chief Human Resources Officer; Vice President | Senior Management | 2023 | 46 |
| Edward J. Zoiss | President - Space and Airborne Systems | Senior Management | 2019 | 59 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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