L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers' mission-critical needs. The company provides advanced defense and commercial technologies across air, land, sea, space and cyber domains. L3Harris has approximately $18 billion in annual revenue and 48,000 employees, with customers in more than 100 countries.
Company profile
Ticker
LHX
Exchange
Website
CEO
William Brown
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Northrop Grumman • Garmin • Leonardo DRS • Teledyne • Teledyne FLIR • Nextracker • Intuitive Machines • Virgin Orbit • MIND Technology • NextNav ...
Former names
HARRIS CORP /DE/
SEC CIK
Corporate docs
Subsidiaries
(100% direct or indirect ownership by L3Harris Technologies, Inc. • 1231670 Ontario Inc. • 1297741B.C. Ltd. • Aerosim Thai Company Limited • Airline Placement Limited • Airline Recruitment Limited • Asian Aviation Training Centre Ltd. • Aviation Communication & Surveillance Systems, LLC • Calzoni S.r.l. • CTC Aviation Group Limited ...
IRS number
340276860
LHX stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
L3Harris Statement on Second Request from Federal Trade Commission
16 Mar 23
ARS
2022 FY
Annual report to shareholders
10 Mar 23
DEFA14A
Additional proxy soliciting materials
10 Mar 23
DEF 14A
Definitive proxy
10 Mar 23
8-K
Other Events
2 Mar 23
S-3ASR
Automatic shelf registration
28 Feb 23
8-K
L3Harris Elects Four-Star General Ed Rice (Ret.) to Board of Directors
24 Feb 23
8-K/A
Departure of Directors or Certain Officers
24 Feb 23
10-K
2022 FY
Annual report
24 Feb 23
8-K
L3Harris Releases Fourth Quarter 2022 Financial Results
26 Jan 23
Transcripts
LHX
Earnings call transcript
2022 Q4
27 Jan 23
LHX
Earnings call transcript
2022 Q3
28 Oct 22
LHX
Earnings call transcript
2022 Q2
29 Jul 22
LHX
Earnings call transcript
2022 Q1
29 Apr 22
LHX
Earnings call transcript
2021 Q4
31 Jan 22
LHX
Earnings call transcript
2021 Q3
29 Oct 21
LHX
Earnings call transcript
2021 Q2
3 Aug 21
LHX
Earnings call transcript
2021 Q1
30 Apr 21
LHX
Earnings call transcript
2020 Q4
29 Jan 21
LHX
Earnings call transcript
2020 Q3
30 Oct 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jul 22 | Apr 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Jan 21 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 880.00 mm | 880.00 mm | 880.00 mm | 880.00 mm | 880.00 mm | 880.00 mm |
| Cash burn (monthly) | (no burn) | 5.08 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 14.61 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 865.39 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 170.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
82.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1207 |
| Opened positions | 163 |
| Closed positions | 111 |
| Increased positions | 386 |
| Reduced positions | 462 |
| 13F shares | Current |
|---|---|
| Total value | 32.65 tn |
| Total shares | 157.27 mm |
| Total puts | 511.32 k |
| Total calls | 830.02 k |
| Total put/call ratio | 0.6 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 17.70 mm | $3.69 tn |
| BLK Blackrock | 15.02 mm | $3.13 tn |
| Capital World Investors | 13.44 mm | $2.80 tn |
| T. Rowe Price | 10.36 mm | $2.16 tn |
| STT State Street | 8.35 mm | $1.74 tn |
| Capital Research Global Investors | 6.21 mm | $1.29 tn |
| WFC Wells Fargo & Co. | 5.04 mm | $1.05 tn |
| Wellington Management | 3.63 mm | $755.65 bn |
| Geode Capital Management | 3.52 mm | $732.45 bn |
| JHG Janus Henderson | 3.05 mm | $634.47 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mar 23 | Edward A Rice Jr | Common Stock, Par Value $1.00 | Grant | Acquire A | No | No | 0 | 130 | 0.00 | 130 |
| 28 Feb 23 | James P Girard | Common Stock, Par Value $1.00 | Payment of exercise | Dispose F | No | No | 211.19 | 309 | 65.26 k | 10,171.41 |
| 28 Feb 23 | James P Girard | Common Stock, Par Value $1.00 | Option exercise | Acquire M | No | No | 0 | 1,265 | 0.00 | 10,480.41 |
| 28 Feb 23 | James P Girard | RSU Common Stock, Par Value $1.00 | Option exercise | Dispose M | No | No | 0 | 1,265 | 0.00 | 0 |
| 28 Feb 23 | Christopher E Kubasik | Common Stock, Par Value $1.00 | Payment of exercise | Dispose F | No | No | 211.19 | 5,100 | 1.08 mm | 117,710.85 |
| 28 Feb 23 | Christopher E Kubasik | Common Stock, Par Value $1.00 | Option exercise | Acquire M | No | No | 0 | 12,960 | 0.00 | 122,810.85 |
| 28 Feb 23 | Christopher E Kubasik | RSU Common Stock, Par Value $1.00 | Option exercise | Dispose M | No | No | 0 | 12,960 | 0.00 | 0 |
| 28 Feb 23 | Scott T Mikuen | Common Stock, Par Value $1.00 | Payment of exercise | Dispose F | No | No | 211.19 | 659 | 139.17 k | 48,967.71 |
| 28 Feb 23 | Scott T Mikuen | Common Stock, Par Value $1.00 | Option exercise | Acquire M | No | No | 0 | 1,834 | 0.00 | 49,626.71 |
| 28 Feb 23 | Sean J Stackley | Common Stock, Par Value $1.00 | Payment of exercise | Dispose F | No | No | 211.19 | 971 | 205.07 k | 16,237.48 |
News
(LHX) - Analyzing L3Harris Technologies's Short Interest
20 Mar 23
L3Harris To Design And Build NOAA's Next-Generation Geostationary Weather Imager
14 Mar 23
Maxar Awards L3Harris Large Deployable Reflectors Contract
8 Mar 23
L3Harris Viper Shield Electronic Warfare System Awarded Long-Lead Material Contract To Accelerate Global Production; No Financial Terms Disclosed
6 Mar 23
Janet Yellen Makes Surprise Ukraine Visit In Wake Of Russian Drone Strikes: What You Need To Know
27 Feb 23
Press releases
L3Harris Statement on Aerojet Rocketdyne Shareholder Vote
16 Mar 23
Aerojet Rocketdyne Stockholders Approve Proposed Acquisition by L3Harris
16 Mar 23
L3Harris Statement on Second Request from Federal Trade Commission
15 Mar 23
L3Harris to Design and Build NOAA's Next-Generation Geostationary Weather Imager
14 Mar 23
L3Harris Exceeds Greenhouse Gas Emission Reduction Goal
14 Mar 23