Companies /Industrials

L3Harris Technologies Inc

NYSE: LHX Aerospace & Defense
$279.75
▲ $19.14 (+7.34%) today
Markets open · 2:40pm ET

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LHX at a Glance

Valuation
Market cap
$48.5B
P/E ratio
26.4
Dividend yield
1.89%
Profitability
Revenue (TTM)
$22.9B
Profit margin
8.2%
EPS (TTM)
$9.87
Price
52-week range
$232 – $375
24/7 target
$315.54
Street target
$323.67
Earnings
Next report
Oct 29, 2026
Q3 2026 EPS
$3.28
vs. $3.04 est.
+7.9%

Headquartered in Melbourne, FL Fiscal year ends December NYSE: LHX l3harris.com

About L3Harris Technologies

L3Harris Technologies (NYSE: LHX) is a U.S. defense technology company. It supplies mission-critical systems primarily to the U.S. Government, which accounts for about 76% of segment revenue, as well as to international allies. It operates three reporting segments:

- **Space & Mission Systems** covers space payloads, sensors and optical systems, such as the Optical Telescope Assembly for NASA's Nancy Grace Roman Space Telescope and radiation-hardened electronics.
- **Communications & Spectrum Dominance** covers tactical and resilient communications and electronic warfare, including the U.S. Navy Next Generation Jammer Low Band, and counter-UAS systems such as VAMPIRE. Roughly 42% of this segment's revenue is international.
- **Missile Solutions** includes the former Aerojet Rocketdyne propulsion business. It makes solid rocket motors and propulsion for interceptors and munitions, including THAAD, PAC-3 MSE and GMLRS.

About 72% of revenue is from fixed-price contracts, and the company acts as prime contractor on about 64% of revenue. In 2026 the Department of War made a strategic investment in the company's Missile Solutions subsidiary through Series A convertible preferred stock and warrants, and the company has referenced a planned MSL public offering. It has also been reshaping its portfolio, divesting its Commercial Aviation Solutions business in 2025 and a Space Technology propulsion and power disposal group in 2026, while expanding munitions production capacity with new facilities such as its Camden, Arkansas solid rocket motor plant. Updated

Revenue by Segment · Q3 2026
  1. Space & Mission Systems51%
  2. Communication & Spectrum Dominance33%
  3. Missile Solutions17%

Latest Activity

LHXL3Harris Technologies
After-hours
$278.19
+5.46%open $263.80

A 5.46% jump to $278.20 after the Q3 earnings beat and the Department of War equity stake news puts the defense contractor near the top of the group today. Moves this size are rare for a $51.8 billion name, so watch whether it holds into tomorrow's open.

LHXL3Harris Technologies
Regular session
$278.25
+5.48%open $263.80

A 5.48% jump to $278.25 follows the Q3 earnings beat and the disclosed Department of War equity stake, a rare one-day move for a $51.8 billion defense prime. Watch whether the stake reframes how the market values government-linked backlog.

LHXL3Harris Technologies
Q3 2026
EPS
$3.28
est $3.04+7.9%
Revenue
$6.06B
est $5.94B+2.1%

Backlog hit a record $53.2 billion, lifted by the $6.3 billion THAAD propulsion award. Management raised full-year GAAP EPS guidance to $12.25 to $12.35, and the sixth straight beat shows the missile defense surge already landing in results.

Quarterly EPS — reported vs estimate

Mad Money w/ Jim Cramer 10/7/26

  • Cramer splits the market in two: credit-dependent names like Caterpillar, Ford and IBM versus AI borrowers that price near Treasuries
  • SpaceX seeking $40 billion to buy Nvidia chips at triple-B rating, while Paramount Skydance bondholders got hit at 8%
  • Oracle flagged as the one data-center name still exposed to credit market scrutiny
  • Caller advice: swap Western Digital into cheaper Micron; Vertiv the pick after GE Vernova on data center infrastructure

AI and data-center names no longer trade off Treasury auctions, so a weak auction hits the industrial and consumer side of your book while chip and power names sail through, with Oracle the named exception. On the calls, he pushed Micron over Western Digital and ranked Vertiv right behind GE Vernova on infrastructure.

LHX Coverage

8:40am ET
Investing

US Running Low on the 2 Weapons It Would Need Most

A defense analyst warned that China may be watching gleefully as the Pentagon scrambles to restock two weapons classes critical to any future great-power fight. Four defense contractors sit at the center…

Trey Thoelcke

Frequently Asked Questions

What does L3Harris Technologies do?

L3Harris Technologies (NYSE: LHX) is a U.S. defense technology company. It supplies mission-critical systems primarily to the U.S.

What is the LHX stock price target?

24/7 Wall St.'s 12-month price target for LHX is $315.54, rated Buy. The Wall Street consensus target is $323.67. LHX price prediction →