L3Harris Technologies

L3Harris Technologies

Defense technology solutions for national security

About L3Harris Technologies

Simplify's Rating
Why L3Harris Technologies is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Defense

Company Size

10,001+

Company Stage

IPO

Total Funding

N/A

Headquarters

Melbourne, Florida

Founded

1895

Overview

L3Harris Technologies provides technology solutions for the defense industry, focusing on national security. The company develops and maintains advanced systems for communication, surveillance, and reconnaissance across various domains, including space, air, land, sea, and cyber. Its products work by integrating multiple technologies to enhance the operational capabilities of clients, which include government agencies and defense contractors. L3Harris differentiates itself from competitors through its comprehensive approach and long-term contracts, ensuring stability and growth. The company's goal is to help clients effectively address emerging threats and challenges in a rapidly changing security landscape.

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for secure communication systems due to geopolitical tensions boosts growth.
  • Growing interest in space-based technologies aligns with L3Harris' satellite expertise.
  • Government spending on defense modernization supports L3Harris' focus on AI and autonomous systems.

What critics are saying

  • Competition from emerging companies like CesiumAstro threatens market share in space technology.
  • Legal disputes with suppliers may disrupt supply chain and project timelines.
  • Excusable delays in contracts could create financial liabilities affecting profitability.

What makes L3Harris Technologies unique

  • L3Harris offers integrated systems across space, air, land, sea, and cyber domains.
  • The company focuses on long-term contracts ensuring sustained growth and stability.
  • Expertise in advanced communication, surveillance, and reconnaissance systems enhances client capabilities.

Help us improve and share your feedback! Did you find this helpful?

Company News

Business Wire
Jun 19th, 2024
Phillip Sarofim’s Trousdale Ventures Leads CesiumAstro Series B+ Funding Round

Trousdale Ventures, a global venture capital firm founded by Phillip Sarofim, announces its role as lead investor in the oversubscribed Series B+ fina

Finsmes
Jun 19th, 2024
CesiumAstro Raises $65M in Series B Funding

CesiumAstro Inc., an Austin, TX-based provider of space communications technology, closed a $65m Series B+ funding round

JD Supra
May 15th, 2024
Incorporating Excusable Delays Into Firm Fixed-Price Subcontracts May Create Liability

L3Harris' period of performance was extended several times under the terms of the subcontract, but in March 2020, it suffered serious unforeseen delays due to the COVID-19 pandemic.

Slater Sentinel
Apr 30th, 2024
Fiduciary Group LLC Makes New Investment in L3Harris Technologies, Inc. (NYSE:LHX)

Fiduciary Group LLC makes new investment in L3Harris Technologies, Inc. (NYSE:LHX).

PRWeb
Apr 23rd, 2024
Ashlee Davidson Joins Operation Homefront'S National Board Of Directors

"A solutions-focused communications executive, Ashlee is an enthusiastic advocate for our military families who shares our unwavering commitment to helping this very deserving group of our fellow citizens," said Brig Gen (ret) John I. Pray, Jr., CEO of Operation Homefront

The Fabricator
Apr 22nd, 2024
L3Harris to create 80 jobs in Virginia

L3Harris to create 80 jobs in virginia.

ETF Daily News
Apr 21st, 2024
Beaumont Financial Advisors LLC Makes New $236,000 Investment in L3Harris Technologies, Inc. (NYSE:LHX)

Beaumont Financial Advisors LLC makes new $236,000 investment in L3Harris Technologies, Inc. (NYSE:LHX).

29 News
Apr 18th, 2024
Meeting the heroes behind the headsets at the Charlottesville-area ECC

Governor Glenn Youngkin (R) announced Thursday, April 18, that L3Harris will invest $41.2 million to expand its Aerojet Rocketdyne facility.

SpaceNews
Apr 18th, 2024
Suppliers struggle as military embraces small satellites

In the latest sign of the strain, defense contractor L3Harris Technologies has sued one of its suppliers, the aerospace firm Moog Inc., in federal court, alleging Moog failed to timely deliver critical satellite components and that parts it did provide were defective.

GovCon Wire
Apr 15th, 2024
Sterling Jones Promoted to VP, General Manager of Agile Development Group at L3Harris

Sterling Jones, a two-decade industry veteran, was named vice president and general manager of Agile Development Group at L3Harris Technologies (NYSE: LHX), according to a LinkedIn announcement.

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for L3Harris Technologies right now.

Find jobs on Simplify and start your career today

💡
We update L3Harris Technologies's jobs every 8 hours, so check again soon! Browse all jobs →