L3 Harris Technologies (LHX) Stock
US defence contractor powering military communications and systems. Here's the price, business snapshot, and what's worth knowing about L3 Harris Technologies in October 2026.
L3Harris Technologies (LHX) is a US aerospace and defence contractor formed from the merger of L3 and Harris in 2019. It supplies avionics, communications, surveillance, electronic warfare, and space systems to military and government customers, with commercial applications in security and critical communications. The company benefits from a sizeable contracted backlog and recurring programme revenues, supporting relatively stable cash flows and investment in R&D. Key drivers include US defence spending, international sales, and technology upgrades (satcom, sensing and EW). At a market cap of about $54.69 billion, L3Harris sits among mid‑to‑large defence primes, with a track record of margin improvement through integration and cost discipline. Risks include programme delays, budgetary shifts, contract competition, and regulatory scrutiny; performance can vary with contract timing and geopolitical changes. This summary is for educational purposes only and is not personal investment advice — suitability depends on individual goals and risk tolerance.
Why It’s Moving
L3Harris Lands $6 Billion THAAD Contract Amid Investor Scrutiny and Legal Probe
- The company received an undefinitized contract valued at over $6 billion from Lockheed Martin to expand Terminal High Altitude Area Defense (THAAD) propulsion production, following a prior framework agreement to quadruple output.
- Pomerantz LLP has initiated an investigation on behalf of investors regarding potential claims against L3Harris, adding a layer of legal risk to the stock's recent momentum.
- Despite the significant backlog addition, shares are trading near their 52-week lows, reflecting market hesitation as analysts weigh the long-term value of defense contracts against immediate downside risks.
L3Harris Lands $6 Billion THAAD Contract Amid Investor Scrutiny and Legal Probe
- The company received an undefinitized contract valued at over $6 billion from Lockheed Martin to expand Terminal High Altitude Area Defense (THAAD) propulsion production, following a prior framework agreement to quadruple output.
- Pomerantz LLP has initiated an investigation on behalf of investors regarding potential claims against L3Harris, adding a layer of legal risk to the stock's recent momentum.
- Despite the significant backlog addition, shares are trading near their 52-week lows, reflecting market hesitation as analysts weigh the long-term value of defense contracts against immediate downside risks.
Sixth Month Growth Performance
When is the next earnings date for L3 HARRIS TECHNOLOGIES INC (LHX)?
LHX has not yet announced a confirmed date for its next earnings report. Based on the historical pattern of reporting approximately three months after the previous quarter, the upcoming release is expected in late October 2025. This report will cover the company's financial performance for the third quarter of fiscal year 2025. Investors should monitor official communications for the precise scheduling of this anticipated announcement.
Stock Performance Snapshot
Analyst Rating
Analysts suggest buying L3 Harris stock, expecting its price to rise significantly.
Financial Health
L3 Harris is performing well with strong revenue and cash flow, though margins are moderate.
Dividend
L3 Harris Technologies' dividend yield of 2.09% offers moderate returns for dividend-seeking investors. If you invested $1000 you would be paid $20.90 a year in dividends (based on the last 12 months).
Why You’ll Want to Watch This Stock
Defence‑driven revenue
Substantial contracted backlog and recurring support revenue can provide predictable cash flow, though outcomes depend on contract timing and budgets.
Global customer base
Sales to US and allied governments offer scale and diversification, but international sales face export controls and geopolitical risks.
Tech and modernisation
Investment in sensors, satcom and electronic warfare supports long‑term demand, balanced by execution risk and competitive pressure.
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