Market Summary
USD171.56-2.56
Market Closed-1.47%
LHX Alerts
LHX Stock Price
LHX RSI Chart
LHX Valuation
LHX Price/Sales (Trailing)
LHX Profitability
LHX Fundamentals
LHX Revenue
LHX Earnings
Price Action
52 Week Range
167.14253.81
(Low)(High)
Last 7 days
-1.5%
Last 30 days
-3.2%
Last 90 days
-13.2%
Trailing 12 Months
-17.0%
LHX Financial Health
LHX Investor Care
Historical Charts for Stock Metrics
Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
Get all data in R, Python etc through our Historical Stock Data APIs
Latest Insider Trading transactions for LHX
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-05 | ZOISS EDWARD J | acquired | 3,086,020 | 102 | 30,077 | pres., space & airborne sys. |
2023-09-05 | ZOISS EDWARD J | sold | -5,222,210 | 173 | -30,077 | pres., space & airborne sys. |
2023-08-03 | Montesi Corliss J. | acquired | - | - | 1,192 | vp, principal accting. officer |
2023-08-03 | Rakita Melanie | sold (taxes) | -80,738 | 185 | -436 | vice president & chro |
2023-08-03 | Montesi Corliss J. | sold (taxes) | -53,887 | 185 | -291 | vp, principal accting. officer |
2023-08-03 | Rakita Melanie | acquired | - | - | 1,787 | vice president & chro |
2023-07-03 | CHIARELLI PETER W | acquired | - | - | 25.29 | - |
2023-07-03 | MILLARD ROBERT B | acquired | - | - | 240 | - |
2023-07-03 | Zamarro Christina L | acquired | - | - | 177 | - |
2023-04-22 | HAY LEWIS III | acquired | - | - | 699 | - |
Which funds bought or sold LHX recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-26 | M Holdings Securities, Inc. | sold off | -100 | -255,000 | - | -% |
2023-09-26 | DecisionPoint Financial, LLC | sold off | -100 | -4,122 | - | -% |
2023-09-26 | BROOKFIELD Corp /ON/ | new | - | 9,962,340 | 9,962,340 | 0.04% |
2023-09-21 | Jefferies Group LLC | added | 58.87 | 81,765 | 305,095 | -% |
2023-09-21 | Halpern Financial, Inc. | unchanged | - | -16.00 | 6,852 | -% |
2023-09-21 | Baystate Wealth Management LLC | added | 0.21 | 48.00 | 92,528 | 0.01% |
2023-09-20 | Mondrian Investment Partners LTD | unchanged | - | -541 | 225,527 | -% |
2023-09-20 | BARCLAYS PLC | added | 54.96 | 33,388,000 | 94,547,000 | 0.06% |
2023-09-19 | BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL | reduced | -6.28 | -20,326 | 292,368 | 0.12% |
2023-09-18 | WASHINGTON CAPITAL MANAGEMENT, INC | added | 94.37 | 491,109 | 1,014,090 | 0.86% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
LHX Alerts
Schedule 13G FIlings of L3Harris Tech
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | price t rowe associates inc /md/ | 5.4% | 10,364,874 | SC 13G | |
| Feb 13, 2023 | capital world investors | 7.1% | 13,483,165 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 9.30% | 17,699,032 | SC 13G/A | |
| Feb 03, 2023 | blackrock inc. | 7.9% | 15,019,303 | SC 13G/A | |
| Feb 11, 2022 | capital world investors | 7.6% | 14,871,240 | SC 13G | |
| Feb 10, 2022 | vanguard group inc | 8.55% | 16,782,733 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 6.3% | 12,280,012 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 8.24% | 17,310,496 | SC 13G/A | |
| Jan 29, 2021 | blackrock inc. | 8.0% | 16,868,838 | SC 13G/A | |
| Feb 14, 2020 | price t rowe associates inc /md/ | 4.4% | 9,883,445 | SC 13G/A |
Recent SEC filings of L3Harris Tech
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 07, 2023 | 4 | Insider Trading | |
| Sep 05, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 07, 2023 | 3 | Insider Trading | |
| Aug 07, 2023 | 4 | Insider Trading | |
| Aug 07, 2023 | 4 | Insider Trading | |
| Jul 31, 2023 | 424B5 | Prospectus Filed | |
| Jul 31, 2023 | 8-K | Current Report | |
| Jul 28, 2023 | 8-K | Current Report | |
| Jul 27, 2023 | 424B5 | Prospectus Filed | |
| Jul 27, 2023 | 8-K/A | Current Report |
LHX Fair Value
Loading...
Peers (Alternatives to L3Harris Tech)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
LMT | 128.3B | 67.4B | -9.01% | 5.57% | 22.39 | 1.94 | 5.03% | 50.05% |
BA | 123.5B | 73.6B | -15.92% | 55.13% | -29.91 | 1.75 | 21.18% | 15.27% |
NOC | 66.9B | 37.9B | 1.52% | -5.66% | 14.4 | 1.77 | 8.36% | -18.06% |
TDG | 47.2B | 6.2B | -9.54% | 57.08% | 41.04 | 7.55 | 20.10% | 42.03% |
LHX | 32.4B | 18.0B | -3.22% | -17.03% | 40.45 | 1.8 | 6.96% | -58.03% |
| MID-CAP | ||||||||
HEI | 8.8B | 2.6B | -4.92% | 11.83% | 22.17 | 3.34 | 25.29% | 16.69% |
HII | 8.1B | 10.9B | -8.53% | -8.31% | 15.5 | 0.74 | 6.30% | -11.11% |
BWXT | 6.7B | 2.3B | -1.69% | 44.91% | 29.73 | 2.86 | 7.03% | -27.80% |
AVAV | 2.9B | 584.4M | 11.23% | 30.83% | -16.28 | 4.91 | 28.93% | -4109.49% |
SPR | - | 5.4B | -21.20% | -23.18% | - | - | 20.31% | -109.88% |
| SMALL-CAP | ||||||||
AIR | - | 2.1B | -5.33% | 62.56% | - | - | 15.61% | -25.58% |
ATRO | - | 620.6M | -9.55% | 102.54% | - | - | 31.15% | -93.33% |
DCO | 640.2M | 743.4M | -3.09% | 10.79% | 26.51 | 0.86 | 11.66% | -81.80% |
PKE | 316.7M | 56.8M | 12.99% | 40.22% | 29.67 | 5.57 | 7.69% | 39.93% |
TGI | 531.7M | 1.4B | -20.00% | -11.53% | 6.5 | 0.39 | -3.95% | 459.45% |
L3Harris Tech News
Returns for LHX
Cumulative Returns on LHX
13.2%
10-Year Cumulative Returns
11.1%
7-Year Cumulative Returns
1.8%
5-Year Cumulative Returns
1.1%
3-Year Cumulative Returns
Risks for LHX
What is the probability of a big loss on LHX?
61.9%
Probability that L3Harris Tech stock will be more than 20% underwater in next one year
20.4%
Probability that L3Harris Tech stock will be more than 30% underwater in next one year.
0%
Probability that L3Harris Tech stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does LHX drawdown profile look like?
Y-axis is the maximum loss one would have experienced if L3Harris Tech was unfortunately bought at previous high price.
Drawdowns
Financials for L3Harris Tech
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 3.2% | 17,988 | 17,430 | 17,062 | 16,834 | 16,817 | 17,350 | 17,814 | 18,124 | 18,358 | 18,135 | 18,194 | 18,366 | 18,334 | 15,754 | 12,856 | 9,690 | 6,801 | 6,597 | 6,431 | 6,300 | 6,168 |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,586 | 1,962 | 1,242 | 1,185 | 1,206 | 1,193 | 1,182 |
| S&GA Expenses | 1.3% | 3,065 | 3,026 | 2,998 | 3,026 | 3,077 | 3,224 | 3,280 | 3,316 | 3,340 | 3,304 | 3,315 | 3,366 | 3,548 | 3,042 | 2,540 | 2,211 | 1,318 | 1,240 | 1,166 | - | 1,182 |
| EBITDA | -100.0% | - | 1,135 | 1,327 | 1,391 | 2,304 | 2,358 | 2,358 | 1,483 | 1,942 | 1,551 | 1,391 | 2,008 | 1,882 | 1,732 | 1,734 | - | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.07* | 0.08* | 0.08* | 0.14* | 0.14* | 0.13* | 0.08* | 0.11* | 0.09* | 0.08* | 0.11* | 0.10* | 0.11* | 0.13* | - | - | - | - | - | - |
| Interest Expenses | -14.1% | -357 | -313 | -279 | -272 | -269 | -267 | -265 | -262 | -257 | -257 | -254 | -249 | -120 | -16.00 | -41.00 | 192 | 169 | 176 | 174 | 173 | 170 |
| Earnings Before Taxes | -13.8% | 957 | 1,110 | 1,273 | 1,328 | 2,235 | 2,292 | 2,283 | 1,942 | 1,874 | 1,628 | 1,322 | 1,543 | 1,465 | 1,431 | 1,493 | 1,296 | 1,113 | 1,058 | 983 | 937 | 908 |
| EBT Margin | -100.0% | - | 0.06* | 0.07* | 0.08* | 0.13* | 0.13* | 0.13* | 0.11* | 0.10* | 0.09* | 0.07* | 0.08* | 0.08* | 0.09* | 0.12* | - | - | - | - | - | - |
| Net Income | -13.2% | 802 | 924 | 1,062 | 1,130 | 1,911 | 1,853 | 1,846 | 1,555 | 1,500 | 1,370 | 1,119 | 1,319 | 1,322 | 1,307 | 1,333 | 1,165 | 949 | 894 | 847 | 753 | 699 |
| Net Income Margin | -100.0% | - | 0.05* | 0.06* | 0.07* | 0.11* | 0.11* | 0.10* | 0.09* | 0.08* | 0.08* | 0.06* | 0.07* | 0.07* | 0.08* | 0.10* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 2,201 | 1,906 | 1,882 | 1,763 | 1,735 | 2,345 | 2,182 | 2,448 | 2,534 | 2,422 | 2,667 | 1,993 | 1,505 | 1,388 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | -0.4% | 35,362 | 35,507 | 33,524 | 33,381 | 34,138 | 34,444 | 34,709 | 35,018 | 36,064 | 36,590 | 36,960 | 37,145 | 37,852 | 38,105 | 38,336 | 38,947 | 10,117 | 9,792 | 9,852 | 9,889 | 9,851 |
| Current Assets | -2.1% | 6,850 | 7,000 | 6,754 | 6,431 | 6,188 | 6,249 | 6,359 | 6,626 | 7,589 | 7,538 | 6,667 | 6,393 | 6,926 | 7,211 | 6,312 | 7,027 | 2,578 | 2,285 | 2,311 | 2,288 | 2,224 |
| Cash Equivalents | -32.8% | 366 | 545 | 880 | 529 | 420 | 402 | 941 | 1,126 | 2,029 | 976 | 1,276 | 1,341 | 1,947 | 663 | 824 | 1,001 | 530 | 334 | 343 | 305 | 288 |
| Inventory | 0.9% | 1,555 | 1,541 | 1,291 | 1,339 | 1,241 | 1,090 | 982 | 1,024 | 872 | 904 | 973 | 894 | 859 | 990 | 1,219 | 1,339 | 360 | 433 | 425 | 413 | 411 |
| Net PPE | - | - | - | - | - | - | - | - | 2,044 | 2,026 | 2,136 | 2,102 | 2,047 | 2,015 | 2,032 | 2,117 | 2,073 | 894 | 904 | 901 | 898 | 900 |
| Goodwill | 0.7% | 18,417 | 18,291 | 17,283 | 17,260 | 18,143 | 18,194 | 18,189 | 18,207 | 18,234 | 18,252 | 18,876 | 18,992 | 14,582 | 19,265 | 20,001 | 15,423 | 5,340 | 5,371 | 5,370 | 5,373 | 5,372 |
| Liabilities | -1.6% | 16,831 | 17,099 | 14,900 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Current Liabilities | 2.6% | 6,309 | 6,151 | 5,776 | 5,853 | 4,884 | 4,737 | 4,551 | 4,313 | 4,464 | 4,231 | 4,240 | 4,666 | 4,587 | 5,123 | 4,009 | 4,718 | 2,268 | 1,606 | 1,822 | 1,956 | 1,850 |
| Short Term Borrowings | 29000.0% | 582 | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 | 2.00 | 2.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 | 103 | 103 | 103 | 294 | 78.00 |
| Long Term Debt | -4.3% | 7,867 | 8,220 | 6,225 | 5,967 | 6,782 | 6,795 | 7,048 | 7,053 | 7,061 | 7,066 | 6,943 | 6,261 | 6,273 | 6,294 | 6,694 | 6,307 | 2,763 | 3,412 | 3,411 | 3,410 | 3,408 |
| Shareholder's Equity | 0.1% | 18,428 | 18,408 | 18,523 | 18,337 | 19,190 | 19,366 | 19,319 | 19,594 | 19,976 | 20,482 | 20,841 | 21,439 | 22,226 | 22,027 | 22,744 | 22,925 | 3,363 | 3,607 | 3,412 | 3,244 | 3,278 |
| Retained Earnings | 3.8% | 3,111 | 2,998 | 2,943 | 2,768 | 3,312 | 3,128 | 2,917 | 2,743 | 2,633 | 2,529 | 2,347 | 2,383 | 2,250 | 2,151 | 2,183 | 2,019 | 2,173 | 1,986 | 1,824 | 1,680 | 1,648 |
| Additional Paid-In Capital | -0.1% | 15,391 | 15,407 | 15,677 | 15,744 | 15,814 | 16,089 | 16,248 | 16,847 | 17,863 | 18,487 | 19,008 | 19,310 | 20,260 | 20,182 | 20,694 | 21,288 | 1,778 | 1,720 | 1,681 | 1,648 | 1,714 |
| Shares Outstanding | -0.1% | 189 | 189 | 191 | 191 | 192 | 193 | 194 | 200 | 204 | 207 | 208 | 213 | 216 | 217 | 218 | 223 | 80.00 | 118 | 118 | 118 | 118 |
| Minority Interest | 1.0% | 103 | 102 | 101 | 102 | 104 | 106 | 106 | 110 | 113 | 115 | 117 | 126 | 124 | 129 | 157 | 152 | - | - | - | - | - |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | -13.6% | 2,134 | 2,469 | 2,158 | 2,198 | 2,094 | 2,065 | 2,687 | 2,563 | 2,836 | 2,918 | 2,790 | 2,950 | 2,274 | 1,783 | 1,655 | 1,149 | 1,185 | 1,395 | 847 | 773 | 751 |
| Share Based Compensation | -18.3% | 85.00 | 104 | 109 | 121 | 131 | 124 | 129 | 123 | 121 | 111 | 94.00 | 53.00 | 165 | 133 | 154 | 204 | 99.00 | 108 | 97.00 | 78.00 | 51.00 |
| Cashflow From Investing | 1.4% | -2,203 | -2,234 | -250 | -194 | -34.00 | 1,391 | 1,394 | 1,353 | 1,213 | 748 | 751 | 704 | 2,165 | 1,207 | 1,228 | 1,286 | -159 | -164 | -163 | -149 | -141 |
| Cashflow From Financing | 122.1% | 17.00 | -77.00 | -1,951 | -2,566 | -3,650 | -4,026 | -4,413 | -4,152 | -4,007 | -3,400 | -3,112 | -3,330 | -3,013 | -2,642 | -2,410 | -1,726 | -781 | -1,331 | -753 | -700 | -805 |
| Dividend Payments | -0.1% | 865 | 866 | 864 | 849 | 836 | 826 | 817 | 797 | 774 | 751 | 725 | 706 | 704 | 601 | 499 | 420 | 325 | 311 | 298 | 285 | 272 |
| Buy Backs | -25.5% | 872 | 1,171 | 1,083 | 1,700 | 2,854 | 3,283 | 3,675 | 3,315 | 3,140 | 2,290 | 2,290 | 2,600 | 2,200 | 2,195 | 1,500 | 751 | 201 | 281 | 308 | 383 | 272 |
LHX Income Statement
2023-06-30CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jul. 01, 2022 | Jun. 30, 2023 | Jul. 01, 2022 | |
| Income Statement [Abstract] | ||||
| Revenue from product sales and services | $ 4,693 | $ 4,135 | $ 9,164 | $ 8,238 |
| Cost of product sales and services | (3,476) | (2,907) | (6,763) | (5,767) |
| Engineering, selling and administrative expenses | (783) | (744) | (1,556) | (1,489) |
| Business divestiture-related gains, net | 26 | 0 | 26 | 0 |
| Impairment of other assets | (60) | 0 | (78) | 0 |
| Non-operating income, net | 83 | 108 | 165 | 214 |
| Interest expense, net | (111) | (67) | (213) | (135) |
| Income before income taxes | 372 | 525 | 745 | 1,061 |
| Income taxes | (21) | (55) | (55) | (116) |
| Net income | 351 | 470 | 690 | 945 |
| Noncontrolling interests, net of income taxes | (2) | 1 | (4) | 1 |
| Net income attributable to L3Harris Technologies, Inc. | $ 349 | $ 471 | $ 686 | $ 946 |
| Net income per common share attributable to L3Harris Technologies, Inc. common shareholders | ||||
| Basic (in dollars per share) | $ 1.84 | $ 2.45 | $ 3.61 | $ 4.91 |
| Diluted (in dollars per share) | $ 1.83 | $ 2.42 | $ 3.60 | $ 4.86 |
| Basic weighted average common shares outstanding (in shares) | 189.2 | 192.1 | 189.7 | 192.6 |
| Diluted weighted average common shares outstanding (in shares) | 190.1 | 194.0 | 190.7 | 194.5 |
LHX Balance Sheet
2023-06-30CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 30, 2022 |
|---|---|---|
| Current Assets | ||
| Cash and cash equivalents | $ 366 | $ 880 |
| Receivables, net of allowances for collection losses of $35 and $40, respectively | 1,383 | 1,251 |
| Contract assets | 3,164 | 2,987 |
| Inventories | 1,555 | 1,291 |
| Income taxes receivable | 48 | 40 |
| Other current assets | 334 | 258 |
| Assets of business held for sale | 0 | 47 |
| Total current assets | 6,850 | 6,754 |
| Non-current Assets | ||
| Property, plant and equipment, net | 2,186 | 2,104 |
| Operating lease right-of-use assets | 725 | 756 |
| Goodwill | 18,417 | 17,283 |
| Other intangible assets, net | 6,401 | 6,001 |
| Deferred income taxes | 84 | 73 |
| Other non-current assets | 699 | 553 |
| Total assets | 35,362 | 33,524 |
| Current Liabilities | ||
| Short-term debt | 582 | 2 |
| Accounts payable | 2,029 | 1,945 |
| Contract liabilities | 1,648 | 1,400 |
| Compensation and benefits | 389 | 398 |
| Other accrued items | 935 | 818 |
| Income taxes payable | 365 | 376 |
| Current portion of long-term debt, net | 361 | 818 |
| Liabilities of business held for sale | 0 | 19 |
| Total current liabilities | 6,309 | 5,776 |
| Non-current Liabilities | ||
| Defined benefit plans | 184 | 262 |
| Operating lease liabilities | 714 | 741 |
| Long-term debt, net | 7,867 | 6,225 |
| Deferred income taxes | 452 | 719 |
| Other long-term liabilities | 1,305 | 1,177 |
| Total liabilities | 16,831 | 14,900 |
| Shareholders’ Equity: | ||
| Preferred stock, without par value; 1,000,000 shares authorized; none issued | 0 | 0 |
| Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 189,085,602 and 190,611,458 shares at June 30, 2023 and December 30, 2022, respectively | 189 | 191 |
| Other capital | 15,391 | 15,677 |
| Retained earnings | 3,111 | 2,943 |
| Accumulated other comprehensive loss | (263) | (288) |
| Total shareholders’ equity | 18,428 | 18,523 |
| Noncontrolling interests | 103 | 101 |
| Total equity | 18,531 | 18,624 |
| Total liabilities and equity | $ 35,362 | $ 33,524 |
L3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides multi-mission intelligence, surveillance, and reconnaissance (ISR) systems; and communication systems, as well as fleet management support, sensor development, modification, and periodic depot maintenance services for ISR and airborne missions. It also manufactures and integrates mission systems for maritime platforms, such as signals intelligence and multi-intelligence platforms; unmanned surface and undersea autonomous solutions; and power and ship control systems and other electronic and electrical products and systems. In addition, this segment offers advanced electro-optical and infrared solutions. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber defense solutions; mission avionics; and electronic warfare systems. The company's Communication Systems segment provides tactical communications; broadband secured mobile networked communication equipment, including airborne, space, and surface data link terminals, ground stations, and transportable tactical satellite communication (SATCOM) systems for use in manned aircraft, unmanned aerial vehicles, and naval ships; and helmet and weapon mounted integrated night vision systems. This segment also offers radios, systems applications, and equipment for critical public safety and professional communications; and SATCOM terminals and battlefield management networks. Its Aviation Systems segment offers defense aviation products; commercial pilot training; and mission networks solutions for air traffic management. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies, Inc. in June 2019. L3Harris Technologies, Inc. was founded in 1895 and is headquartered in Melbourne, Florida.