Sunday, November 8, 2026
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The business of defense

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Company

L3Harris Technologies, Inc.

L3Harris delivers end-to-end defense technology connecting the space, air, land, sea and cyber domains, selling mainly to U.S. Government agencies, their prime contractors and international allies. ↗

HeadquartersMelbourne, FL ↗
LeadershipSam Mehta, President & CEO ↗
Employees45,000 ↗
Revenue$21.9 billion (fiscal 2025) ↗
Department of War obligations$24.2 billion in prime contracts since fiscal 2022 ↗
SharesLHX ↗

Products

  • L3Harris makes tactical radios, software, waveforms and satellite terminals for resilient battlefield communications. ↗
  • L3Harris makes helmet-mounted night vision goggles, plus weapon-mounted sights, aiming lasers and range finders. ↗
  • L3Harris builds space systems for missile defense, weather and climate monitoring, and position, navigation and timing. ↗
  • L3Harris makes propulsion technologies and armament systems for missile defense, hypersonic and tactical missiles. ↗

Customers

  • L3Harris's largest customers are U.S. Government departments and agencies, their prime contractors and international allies, across more than 100 countries. ↗
  • Aerojet Rocketdyne supplies propulsion, power and armament to the Department of War, NASA and major aerospace and defense primes. ↗

Deals since 2020

Jan 202613

U.S. Department of War takes a stake in L3Harris' Missile Solutions

Seller: L3Harris

L3Harris missile business, bringing together missile capabilities from across L3Harris including the operations of legacy Aerojet Rocketdyne, with solid rocket motor production

munitions and missilespropulsionSource
$1 billionClosed Apr 23, 2026
Jan 202605

L3Harris sells a 60% stake in a new space technology company, excluding RS-25 to AE Industrial Partners

Buyer: AE Industrial Partners

L3Harris’ space propulsion and power systems and space avionics and communications businesses, contributed to a new space technology company in which L3Harris retains approximately 40 %

C4ISR and electronicspropulsionspaceSource
$845 millionClosed Aug 4, 2026
Nov 202404

L3Harris sells Aerojet Ordnance Tennessee, Inc. specialty metals / depleted uranium to BWX Technologies

Buyer: BWX Technologies

A provider of advanced specialty materials, fabrication and high-strength alloy manufacturing, including depleted uranium engineered products.

components and materialsnuclearSource
$100 millionClosed Jan 3, 2025
Apr 202405

L3Harris sells Antenna and related businesses to Affiliate of Kanders & Company

Buyer: Affiliate of Kanders & Company

$200 millionClosed May 31, 2024
Nov 202327

L3Harris sells commercial pilot training, avionics and flight data analytics to Affiliate of TJC

Buyer: Affiliate of TJC

two units: Avionics, which designs and manufactures mission critical avionics products, and Commercial Training Solutions, which provides aircraft training solutions

C4ISR and electronicstraining and simulationSource
Up to $800 millionClosed Mar 28, 2025
Dec 202221

L3Harris sells Visual Information Solutions commercial geospatial software to NV5 Global

Buyer: NV5 Global

$70 millionClosed Apr 6, 2023
Dec 202217

L3Harris Technologies buys Aerojet Rocketdyne

Seller: Aerojet Rocketdyne public shareholders

Develops and manufactures liquid and solid rocket propulsion, air-breathing hypersonic engines, and electric power and propulsion for space, defense, civil and commercial applications

munitions and missilespropulsionspaceSource
$4.7 billionClosed Jul 28, 2023
Oct 202203

L3Harris buys Viasat Tactical Data Links product line

Seller: Viasat

Viasat's Link-16 Tactical Data Links business, part of its defense and advanced technologies segment.

C4ISR and electronicsSource
$1.96 billionClosed Jan 3, 2023
May 202231

L3Harris sells CyTerra

Buyer: Undisclosed buyer

$18 millionClosed May 31, 2022
Feb 202215

L3Harris sells Space and Navigation business to EMCORE

Buyer: EMCORE

$5 millionClosed Apr 29, 2022
Oct 202129

L3Harris sells Narda-MITEQ business to Investment affiliate of J.F. Lehman & Company

Buyer: Investment affiliate of J.F. Lehman & Company

Custom radiofrequency and microwave subsystems and components for defense and commercial end markets

C4ISR and electronicsEW and sensorsSource
$75 millionClosed Dec 6, 2021
Sep 202106

L3Harris sells ESSCO business to Communications & Power Industries

Buyer: Communications & Power Industries · Backed by Odyssey Investment Partners

manufactures metal space frame ground radomes, as well as specialty radomes and composite structures

C4ISR and electronicscomponents and materialsSource
$55 millionClosed Nov 26, 2021
Aug 202103

L3Harris sells Electron Devices and Narda Microwave-West divisions to Affiliate of Arlington Capital Partners

Buyer: Affiliate of Arlington Capital Partners

A provider of RF amplification products for the space, electronic warfare, radar, medical and industrial end markets

C4ISR and electronicsEW and sensorsspaceSource
$185 millionClosed Oct 1, 2021
Mar 202101

L3Harris sells Military Training business to CAE USA

Buyer: CAE USA

L3Harris' Military Training business, with annual revenue of approximately $525 million

training and simulationSource
$1.05 billionClosed Jul 2, 2021
Mar 202101

L3Harris sells Combat Propulsion Systems and related businesses to RENK AG

Buyer: RENK AG

L3Harris' Combat Propulsion Systems and related businesses, which manufacture military engines and transmissions

land systemspropulsionSource
$398 millionClosed Jul 2, 2021
Feb 202123

L3Harris sells ATM voice communications and arrival management products to Frequentis AG

Buyer: Frequentis AG

$20 millionClosed Jul 30, 2021
Mar 202020

L3Harris sells EOTech business to American Holoptics

Buyer: American Holoptics

$42 millionClosed Jul 31, 2020
Feb 202019

L3Harris sells Applied Kilovolts and Analytical Instrumentation business to Adaptas Solutions

Buyer: Adaptas Solutions

$12 millionClosed May 15, 2020
Feb 202003

Leidos buys L3Harris Security and Detection Systems and MacDonald Humfrey Automation businesses

Seller: L3Harris Technologies

Airport and critical infrastructure screening products, automated tray return systems and other industrial automation products

EW and sensorsSource
$1 billionClosed May 4, 2020

The deal tracker

Segments

  • Since fiscal 2026 L3Harris reports three segments: Space & Mission Systems, Communication & Spectrum Dominance and Missile Solutions. ↗

Earnings

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