Defense and Aerospace Sector: approx. 70%
Communication Technology: approx. 20%
Space Technology: approx. 10%

TOP 3 Markets:
USA: approx. 60%
Europe: approx. 20%
Asia-Pacific: approx. 15%

L3Harris Technologies, Inc. generates the majority of its revenue from the defense and aerospace sector, which is attributed to its strong presence in the development and provision of technologies for military applications. A significant portion of the revenue also comes from communication technology, especially through the provision of communication systems for military and civilian purposes. The space technology sector also contributes to the revenue, with a focus on satellite and space communication solutions.

The USA is the largest market for L3Harris, supported by extensive government contracts and military orders. Europe and the Asia-Pacific region are also important markets where the company is represented through international collaborations and the sale of defense and communication technologies.

Production Sites: USA, Canada, Great Britain, Australia

L3Harris Technologies, Inc. is a leading company in the defense and aerospace industry and operates production facilities in several countries. The majority of production takes place in the United States, where the company maintains several plants. In addition, L3Harris also has production capacities in Canada, Great Britain, and Australia to better serve its international customers.

This geographical distribution enables L3Harris to efficiently respond to the requirements of its global customers while minimizing supply chain risks.

Revenue Growth: Estimated 6-8% annually (2025-2027)

L3Harris Technologies, Inc. pursues a growth strategy that heavily relies on innovation and technological leadership. The company continuously invests in research and development to expand its product range in the defense and communication technology sector.

Another focus is on strategic acquisitions to tap into new markets and strengthen existing capabilities. L3Harris aims to expand its presence in international markets, particularly in regions with increasing defense expenditures.

Additionally, the company focuses on operational efficiency to increase profitability and enhance shareholder value. Sustainability and adaptation to new regulatory requirements are also integral components of the corporate strategy.

Main raw materials: Electronic components, metals, plastics
Countries of origin: China, Germany, Japan, South Korea

L3Harris Technologies, Inc. is a leading company in the defense and technology sector. It imports a variety of raw materials and materials necessary for the production of its highly specialized products.

Electronic components needed for communication systems and other technologies often come from countries like China and Japan, known for their advanced electronics production. Metals used in aerospace and defense systems are often imported from Germany, which has a strong metal industry. Plastics and other synthetic materials used in various products by L3Harris could also be sourced from these countries as well as South Korea.

These sources of imports are typical for companies in this industry that rely on highly specialized and high-quality materials to manufacture their products.

Market share: 7% in the defense sector (2024, estimate)
R&D expenses: 4.5% of revenue (2024)
EBITDA margin: 18% (2024)

L3Harris Technologies, Inc. has a significant competitive advantage in the defense sector, especially due to its strong position in communication technology and electronics for military applications. The company continuously invests in research and development, accounting for approximately 4.5% of its revenue. These investments enable L3Harris to offer innovative solutions and differentiate itself from the competition.

The EBITDA margin of 18% demonstrates solid profitability, indicating efficient operations and a strong market position. The market share of around 7% in the defense sector highlights the company's importance in the industry, despite operating in a highly competitive environment.

Additionally, L3Harris benefits from long-term contracts with government agencies, ensuring stability and predictable revenue. The ability to adapt to new technologies and market requirements further strengthens the company's competitive advantage.

Institutional investor share: approx. 80% (estimated for 2025 based on historical data)

Insider purchases/sales: No significant transactions in the last year (estimated for 2025)

L3Harris Technologies, Inc. has traditionally had a high proportion of institutional investors, indicating the trust of large investment funds and institutional investors in the company. These investors typically appreciate the stability and growth potential of the company.

Regarding insider purchases and sales, there were no significant transactions in the last year that could indicate a change in management's confidence in the company's future development. This suggests that the management is satisfied with the current corporate strategy.

Market share of L3Harris Technologies: Estimate 5-7% (2025)

Main competitors and their market share:

1. Lockheed Martin (NYSE:LMT): Estimate 15-20%
2. Raytheon Technologies (NYSE:RTX): Estimate 12-15%
3. Northrop Grumman (NYSE:NOC): Estimate 10-12%
4. Boeing Defense, Space & Security (part of Boeing NYSE:BA): Estimate 8-10%
5. General Dynamics (NYSE:GD): Estimate 7-9%
6. BAE Systems (LSE:BA): Estimate 5-7%
7. Thales Group (Euronext:HO): Estimate 3-5%
8. Leonardo S.p.A. (BIT:LDO): Estimate 2-4%

Moat of L3Harris Technologies:

L3Harris Technologies has a moderate moat, mainly based on its technological innovation capabilities and strong position in the communication and electronics sectors. The company benefits from long-term contracts with the US government and a diversified product range, allowing it to operate in various defense and aerospace segments.

However, compared to its competitors, L3Harris does not have the deepest moat. Companies like Lockheed Martin and Raytheon Technologies have larger resources, a broader product range, and a stronger international presence, giving them a significant advantage. These companies also have deeper relationships with government agencies and stronger market dominance, reinforcing their moat.

Overall, the moat of L3Harris is solid but less pronounced compared to the largest competitors. The company must continuously invest in research and development to maintain its competitiveness and increase its market share.

Revenue growth: 8% (2024) Profit growth: 10% (2024) Order backlog: 23 billion USD (2024)

L3Harris Technologies, Inc. recorded a revenue growth of 8% and a profit growth of 10% in 2024. These growth rates indicate a solid business development supported by strong demand for the company's products and services.

The order backlog of 23 billion USD shows that L3Harris has a robust pipeline of future projects, indicating a stable source of income in the coming years. This is particularly important in the defense and aerospace industry, where long-term contracts and projects are common.

Additionally, the company has invested in research and development in recent years to expand its technological capabilities and remain competitive. These investments could lead to further growth opportunities in the future.

Overall, these factors suggest that L3Harris Technologies could be a promising investment for investors interested in long-term growth.

Dividend yield: 2.1% (2025, estimated) Dividend growth: 5% annually (last 3 years, estimated)

L3Harris Technologies, Inc. regularly pays a dividend to its shareholders. The current dividend yield is estimated at 2.1%, which is competitive compared to other companies in the defense and aerospace industry.

In recent years, the company has shown a consistent dividend growth of about 5% per year. This reliability in payout is an indicator of the financial stability and the company's ability to continue paying dividends in the future. Analysts estimate that L3Harris Technologies will continue its dividend policy, supported by stable earnings and a strong market position.