L3Harris Technologies reports diverse revenue streams in defense and communications sectors

L3Harris Technologies, Inc. has been given a neutral rating by UBS. The company specializes in designing, manufacturing, and marketing information and communications equipment for defense, government, and commercial sectors.

Their net sales come from four main product families:

  • Space and Airborne Systems (35%)
  • Integrated Mission Systems (33.8%)
  • Communication Systems (25.9%)
  • Propulsion, Power Generation, and Defense Systems (5.4%)

L3Harris generates 70.5% of its revenue from product sales and 29.5% from services. The United States is a significant market for the company, accounting for 78.5% of its net sales. This focus on diverse product offerings and a strong presence in the domestic market positions L3Harris as a key player in the defense and communications sectors.

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