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With a market cap of $53.4 billion, L3Harris Technologies, Inc. (LHX) is a leading global provider of mission-critical solutions for government and commercial customers, operating across four segments: Space & Airborne Systems, Integrated Mission Systems, Communication Systems, and Aerojet Rocketdyne. The company delivers advanced technologies ranging from satellite payloads and ISR systems to tactical radios and space propulsion.
Shares of the Melbourne, Florida-based company have outpaced the broader market over the past 52 weeks. LHX stock has returned 16.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 12.3%. Moreover, shares of the company have soared 35.7% on a YTD basis, compared to SPX’s 12.5% gain.