L3Harris Technologies Inc (N:LHX)

Business Focus: Aerospace & Defense

Sector:  Industrials Industry:  Aerospace & Defense
See Regulatory Filings on SEC
Company Contact
Address: 1025 W Nasa Blvd
Tel: 1-321-7243231
Website: https://www.l3harris.com
IR: See website
Key People
William M. Brown
Chairman of the Board, Chief Executive Officer
Christopher E. Kubasik
President, Vice Chairman of the Board, Chief Operating Officer
Jesus Malave
Chief Financial Officer, Senior Vice President
Dana A. Mehnert
President - Communication Systems
Scott T. Mikuen
Senior Vice President, General Counsel, Secretary
Jeff Smith
Vice President - Business Development
Business Overview
L3Harris Technologies, Inc., formerly Harris Corporation, is a technology company that provides products, systems and services that have defense and civil government applications, as well as commercial applications. It offers its products and services to government and commercial customer. It operates in four segments: Communication Systems, which serves markets in tactical communications and defense, and public safety networks; Space and Intelligence Systems, which provides complete Earth observation, and intelligence solutions from advanced sensors and payloads, as well as ground processing and information analytics; Electronic Systems, which offers a portfolio of solutions in electronic warfare, wireless and technology, among others, and Critical Networks, which provides managed services supporting air traffic management, energy and maritime communications, and ground network operation and sustainment, as well as information technology (IT) and engineering services.
Financial Overview
For the fiscal year ended 28 June 2019, L3Harris Technologies Inc revenues increased 10% to $6.8B. Net income applicable to common stockholders excluding extraordinary items increased 39% to $951M. Revenues reflect Communication Systems segment increase of 14% to $2.18B, Electronic Systems segment increase of 9% to $2.58B, Space and Intelligence Systems segment increase of 8% to $2.06B, U.S. operations segment increase of 11% to $6.53B.
Employees: 18,200 as of Jun 28, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $50,173M as of Jun 28, 2019
Annual revenue (TTM): $6,801M as of Jun 28, 2019
EBITDA (TTM): $1,348M as of Jun 28, 2019
Net annual income (TTM): $950.00M as of Jun 28, 2019
Free cash flow (TTM): $699.00M as of Jun 28, 2019
Net Debt Last Fiscal Year: $2,992M as of Jun 28, 2019
Shares outstanding: 222,574,887 as of Aug 30, 2019
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization