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Headquartered in Melbourne, Florida, L3Harris Technologies, Inc. (LHX) is a leading global aerospace and defense technology company with a market cap of $44 billion. Specializing in advanced communications, electronic systems, and space and airborne solutions, L3Harris plays a vital role in providing mission-critical technology and innovative solutions to government and commercial customers worldwide.
Shares of LHX have outperformed the broader market over the past year. The stock has gained 30.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 26.1%. However, in 2024, LHX is up 10.1% compared to SPX’s 17.2% rise on a YTD basis.