Raytheon Technologies (L3Harris Technologies) (NYSE: LHX)
Aerospace & Defense · Melbourne, FL, United States · Founded 2019
- Market capitalization: $45.0 billion
- Annual revenue: $6.18 billion
- Net income: $1.61 billion
- Employees: 50,000
- Sector: Industrials
- Headquarters: Melbourne, United States
- Founded: 2019
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L3Harris Technologies is a major US defense contractor specializing in communications systems, electronic warfare, space and intelligence systems, and mission-critical sensors. Formed from the 2019 merger of L3 Technologies and Harris Corporation, the company is the sixth-largest defense contractor in the US. L3Harris provides the tactical radios, night vision systems, and ISR platforms that modern militaries depend on.
L3Harris earns revenue from long-term contracts with the US Department of Defense, intelligence agencies, and allied foreign governments. The company's portfolio is weighted toward high-technology, mission-critical systems that carry above-average margins for the defense sector.
Harris Corporation was founded in 1895 as a printing press company before pivoting to electronics and defense. L3 Technologies was spun off from Lockheed Martin in 1997. The 2019 merger created a defense technology powerhouse, and the subsequent $4.7 billion acquisition of Aerojet Rocketdyne in 2023 added rocket propulsion capabilities.
| Market Capitalization | $45.0B |
| Annual Revenue | $6.18B |
| Net Income | $1.61B |
| Profit Margin | 26% |
| Revenue per Employee | $123600K |
| Stock Exchange | NYSE |
| Ticker Symbol | LHX |
Financial data is approximate and based on most recent annual filings.
L3Harris manufactures the tactical radios used by virtually every branch of the US military and many NATO allies. The company's night vision and electro-optical systems are used by special operations forces worldwide.
L3Harris is well-positioned for a defense upcycle driven by great-power competition and NATO rearmament. The Aerojet Rocketdyne acquisition adds a strategic asset in propulsion, but integration execution will determine whether the deal creates value.
What is Raytheon Technologies (L3Harris Technologies)'s revenue?
Raytheon Technologies (L3Harris Technologies) generates approximately $6.18 billion in annual revenue.
How many employees does Raytheon Technologies (L3Harris Technologies) have?
Raytheon Technologies (L3Harris Technologies) employs approximately 50,000 people worldwide.
What is Raytheon Technologies (L3Harris Technologies)'s market cap?
Raytheon Technologies (L3Harris Technologies) (LHX) has a market capitalization of approximately $45.0 billion on the NYSE.
When was Raytheon Technologies (L3Harris Technologies) founded?
Raytheon Technologies (L3Harris Technologies) was founded in 2019 and is headquartered in Melbourne, FL, United States.
Who is the CEO of Raytheon Technologies (L3Harris Technologies)?
Christopher Kubasik is the current CEO of Raytheon Technologies (L3Harris Technologies).
What is Raytheon Technologies (L3Harris Technologies)'s website?
Raytheon Technologies (L3Harris Technologies)'s official website is l3harris.com.
| CEO | Christopher Kubasik |
| Sector | Industrials |
| Industry | Aerospace & Defense |
| Founded | 2019 |
| HQ | Melbourne, FL |
| Country | United States |
| Website | l3harris.com |
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