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Barchart
Barchart
Aditya Sarawgi

Is L3Harris Technologies Stock Underperforming the Dow?

Melbourne, Florida-based L3Harris Technologies, Inc. (LHX) is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers' mission-critical needs. With a market cap of $43.8 billion, L3Harris operates through Integrated Mission Systems, Space & Airborne Systems, Communication Systems and Aerojet Rocketdyne segments.

Companies worth $10 billion or more are generally described as "large-cap stocks," L3Harris fits this bill perfectly. Given the company's services span 100+ countries worldwide, its valuation above this mark is not surprising. It provides defense and commercial technologies across space, air, land, sea and cyber domains.

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