L3Harris Technologies, Inc.


Want a discount? Become a member by purchasing Annual Subscription!
SKU: LHX-1 Category:


L3Harris had a mixed performance in the last quarter as its revenues were below Wall Street expectations but the company did deliver an earnings beat. In a hastily changing threat environment, L3Harris is pursuing international expansion to deliver customers mission-critical solutions. The book-to-bill in the quarter supports the shift in the budget environment. The company is working on mitigating the challenges of labor market tightening, inflation, and supply chain. The safety of the flight certification was completed, and the foremost flight systems were delivered this quarter. Also, L3Harris made a small investment in Minarik, the free space optic company, in the quarter. Italy and Poland were added to its focus country program. The company is investing in safety stock, smart inventory, and critical materials. Also, the management recently announced the introduction of its Two47 Base Station, the next-generation Two47 solutions, services, and systems portfolio, designed to enhance the communication capabilities of public safety officials and foremost responders. We provide the stock of L3 Harris with a ‘Hold’ rating and a revision in the target price.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

Want unlimited access to our reports? Purchase our $99 annual subscription!