L3Harris Technologies, Inc.
LHX · NYSE
- $245.54
- $46.36B
- Open
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- $245.77 - $250.27
- $244.76 - $379.23
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- 2.35M
About L3Harris Technologies, Inc.
L3Harris Technologies is a defense contractor that sells aerospace, defense and related technology products and services to military, government and international customers. It reports three business segments and makes money through equipment, systems and services delivered under those businesses, although the supplied evidence does not quantify each segment’s contribution. Recent results cited growth across all three segments and increased international sales, while the company generated $21.3 billion of revenue and $1.5 billion of net income in fiscal 2025. Its scale is that of a major defense supplier, with a large record backlog supporting future deliveries.
Notable Price Movement
- Aug 3-7$286.673.47%
L3Harris fell $19.90, or 6.52%, from $305.20 to $285.30 over the supplied week. The main catalyst was the sharp July 30 sell-off, when the shares dropped to $271.90 on 4.21 million shares, despite the company reporting second-quarter earnings and revenue above estimates, broad-based growth across three segments, higher international sales and a raised 2026 outlook. The stock recovered to $277.06 on July 31 and edged higher on August 3, then gained to $285.30 on August 4, but remained well below its starting level. The supplied evidence does not identify the specific reason for the reversal; it instead cites geopolitical, macroeconomic and broader market concerns, even as one report described the broader backdrop as bullish.
