L3Harris Technologies

Defense technology solutions for national security

Melbourne, Florida, United States

About L3Harris Technologies

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. Their products work by integrating multiple technologies to create comprehensive systems that meet the mission-critical needs of government agencies and defense contractors. Unlike many competitors, L3Harris emphasizes long-term contracts and partnerships, which helps ensure consistent growth and stability. The company's goal is to enhance the operational capabilities of its clients, enabling them to effectively respond to emerging threats and challenges.

Melbourne, FloridaHeadquarters
1895Year Founded
IPOCompany Stage
DefenseIndustries
10,001+Employees

Risks

Emerging competitors like CesiumAstro threaten L3Harris' market share in space technology.
Legal disputes with suppliers may cause project delays and increased costs.
Shift towards small satellites requires L3Harris to adapt its product offerings.

Differentiation

L3Harris offers integrated systems across space, air, land, sea, and cyber domains.
The company focuses on long-term contracts ensuring sustained growth and stability.
L3Harris enhances operational capabilities to address emerging threats and challenges.

Upsides

Growing demand for cybersecurity solutions boosts L3Harris' cyber domain offerings.
Increased government investment in space-based defense aligns with L3Harris' capabilities.
U.S. Department of Defense's budget increase may lead to more contracts for L3Harris.