Is L3Harris Technologies Stock Outperforming the Dow?

L3Harris Technologies, Inc. (LHX) is an aerospace and defense technology company that provides advanced communications systems, electronic warfare solutions, sensors, space and airborne systems, and intelligence, surveillance, and reconnaissance technologies for government and commercial customers worldwide. Headquartered in Melbourne, Florida, the company has become one of the largest defense contractors in the United States. L3Harris has a market cap of roughly $68.1 billion.

Companies with a market cap above $10 billion are typically classified as “large-cap stocks,” and L3Harris Technologies clearly falls into this category. L3Harris develops and delivers advanced defense and commercial technologies spanning space, air, land, sea, and cyber domains, supporting critical missions for customers around the world.