L3Harris Technologies Stock Price, News & Analysis
Company Description
L3Harris Technologies, Inc. (NYSE: LHX) is a defense technology company that describes itself as the "Trusted Disruptor" in the defense industry. According to multiple company press releases, L3Harris focuses on delivering technology that connects the space, air, land, sea and cyber domains to address national security needs. The company operates in the manufacturing sector and is associated with search, detection, navigation, guidance, aeronautical, and nautical systems and instruments.
Business focus and core capabilities
Across its communications and defense technology portfolio, L3Harris emphasizes mission-critical applications for government and defense customers. Company disclosures highlight capabilities in tactical communications, electronic warfare, missile warning and defense, missile propulsion, space-based systems and related technologies that support U.S. and allied defense programs.
In its public statements, L3Harris notes that its employees deliver technology solutions that link multiple domains, with an emphasis on connectivity, sensing, and command-and-control. These solutions are used by the U.S. Department of War and other federal agencies, as well as in civil government and national security space programs.
Business segments and organizational structure
Effective January 5, 2026, L3Harris announced a reorganization of its business structure from four to three business segments. In the related press release and Form 8-K, the company stated that this change is intended to align its portfolio with the future of warfare and organize common business models and technical capabilities.
The three segments described by L3Harris are:
- Space & Mission Systems (SMS) – integrates satellite and payload capabilities, including missile warning and defense, with maritime, air special missions, and other global defense and civil government programs.
- Communications & Spectrum Dominance (CSD) – combines the company’s capabilities in resilient communications and electronic warfare.
- Missile Solutions (MSL) – unites propulsion, hypersonics and other advanced missile technologies.
This segment structure reflects how L3Harris groups its space, communications, and missile-related activities for management and reporting purposes.
Missile Solutions and solid rocket motor capabilities
L3Harris has highlighted its Missile Solutions business as a key area of focus. Following its acquisition of Aerojet Rocketdyne, the company combined propulsion and missile-related capabilities into this segment. Public announcements describe Missile Solutions as supporting offensive and defensive missile systems for the U.S. and its allies.
The company has invested in facilities and capacity for solid rocket motor production. For example, L3Harris has discussed its Arkansas Advanced Propulsion Facilities in Camden, Arkansas, which are intended to increase large solid rocket motor manufacturing capacity. The campus is described as specializing in medium and large rocket motors for tactical and air defense missiles, missile defense targets, interceptors, hypersonic vehicles and emerging missile defense needs.
L3Harris has also reported follow-on production contracts for Guided Multiple Launch Rocket System (GMLRS) Insensitive Munition propulsion units, and has indicated that it has produced GMLRS propulsion units for decades. The company links these activities to broader investments in expanding and modernizing solid rocket motor production at multiple U.S. sites.
Space & Mission Systems and space-related activities
Within Space & Mission Systems, L3Harris describes capabilities in satellite and payload systems, including missile warning and defense missions. The company has received contracts from the U.S. Space Development Agency to build infrared tracking satellites for the Proliferated Warfighter Space Architecture Tracking Layer, intended to help protect against advanced missile threats such as hypersonic missiles.
L3Harris has also been involved in space propulsion and power systems. It announced an agreement for AE Industrial Partners to acquire a controlling interest in its Space Propulsion and Power Systems business at a stated enterprise value, while L3Harris retains a minority ownership stake and continues as a strategic partner. The transaction encompasses business units that have developed upper-stage rocket engines for national security, civil and commercial missions, as well as in-space propulsion, nuclear power and avionics assets. L3Harris’ RS-25 rocket engine business is excluded from that sale.
Communications & Spectrum Dominance and interoperability
In the Communications & Spectrum Dominance area, L3Harris has showcased software-defined and interoperable communications capabilities. The company has demonstrated networked systems that connect tactical communications devices, counter-unmanned aircraft systems, imaging technologies, mobile operations centers and command-and-control systems. These demonstrations illustrate how L3Harris aims to enable multiple U.S. government agencies and the Department of War to communicate across domains using a mix of public safety and tactical radios.
The company has referenced products such as the AN/PRC-158C software-defined data device and 5G gateway solutions in the context of these interoperable networks. L3Harris describes these systems as resilient, multi-path solutions designed to maintain connectivity in degraded and contested environments.
Partnerships and international presence
L3Harris regularly highlights partnerships as part of its approach to defense technology. It has entered into a memorandum of understanding with EDGE Group in the United Arab Emirates to collaborate on defense technology programs in the UAE and the broader region. The agreement provides a framework for joint research and development in areas such as artificial intelligence and autonomy, and for deploying these technologies in support of the UAE’s defense capabilities.
The company has stated that it has provided capabilities to customers in the UAE for more than three decades and maintains a corporate office in Abu Dhabi. More broadly, L3Harris describes its role as supporting national security and defense needs in the United States and internationally.
Corporate actions and portfolio shaping
L3Harris has reported a series of portfolio actions intended to align its businesses with U.S. Department of War priorities. These include:
- Reorganizing into three segments focused on space, communications and missile technologies.
- Investing in solid rocket motor capacity across multiple U.S. locations, including Camden, Arkansas; Culpeper, Virginia; and Huntsville, Alabama.
- Entering into a transaction for AE Industrial Partners to acquire a controlling interest in its Space Propulsion and Power Systems business, while retaining a minority stake.
- Planning for a separate, independently traded Missile Solutions company, supported by a proposed $1 billion convertible preferred investment from the Department of War that would convert to common equity upon a future initial public offering, with L3Harris indicating it would retain a controlling interest after such transactions.
In its public communications, L3Harris links these actions to its goal of supporting the Department of War’s acquisition strategies and strengthening the defense industrial base.
Stock information and regulatory status
L3Harris Technologies, Inc. trades on the New York Stock Exchange under the ticker symbol LHX. Recent filings, such as the Form 8-K dated January 5, 2026, show the company reporting material events including changes in executive roles and the announcement of its segment reorganization. The filing notes no change to the company’s name.