L3Harris

L3Harris Technologies, Inc. stands as the sixth-largest defense contractor in the United States and a global leader in defense and aerospace technology, delivering end-to-end solutions across the space, air, land, sea, and cyber domains. Formed from the June 29, 2019 merger of L3 Technologies and Harris Corporation in a $16.1 billion all-stock "merger of equals," the company generates approximately $21.3 billion in annual revenue and employs 47,000 people worldwide, serving customers in more than 100 countries. With 76% of revenue attributed to U.S. government sales including foreign military sales, L3Harris is a critical supplier of advanced technologies for national security and defense operations.

The company's rich heritage spans over 125 years, tracing back to 1895 when Alfred S. Harris founded the Harris Automatic Press Company in Niles, Ohio, initially focused on revolutionizing the printing industry. Harris Corporation evolved through strategic acquisitions and technological pivots, notably merging with Radiation, Inc. in 1967 to enter the space race, developing antenna, integrated circuit, and modem technology. The company's headquarters moved to Melbourne, Florida in 1978, where L3Harris is based today. L3 Technologies, meanwhile, was formed in 1997 by Frank Lanza and Robert LaPenta in partnership with Lehman Brothers to acquire business units from Lockheed Martin that had previously been part of Loral Corporation. The 2019 merger combined L3's intelligence, surveillance, and reconnaissance capabilities with Harris's communication systems expertise.

L3Harris operates through four main business segments: Integrated Mission Systems, Space and Airborne Systems, Communication Systems, and Aerojet Rocketdyne (acquired in July 2023 for $4.7 billion). The company's product portfolio spans tactical radios and broadband communications systems, night vision equipment including the Enhanced Night Vision Goggle-Binocular (ENVG-B), intelligence and surveillance systems, space propulsion and power systems, missile defense technologies, and electronic warfare solutions. L3Harris is a major vendor of tactical communications and reconnaissance systems, complex space sensors, and defense electronics products that are mission-critical for U.S. and allied military forces.

Headquartered at 1025 W NASA Blvd in Melbourne, Florida, L3Harris operates 78 office locations globally with a strong presence in aerospace and defense hubs across the United States. The company invests significantly in innovation and maintains strategic partnerships with technology leaders like Palantir Technologies and Accenture to accelerate digital transformation and AI capabilities. Recent major contracts include a $2.26 billion award for airborne early warning and control aircraft for the Republic of Korea Air Force, a potential $6.1 billion Net Radio Procurement Contract from the U.S. Army, and a $3 billion IDIQ contract for Special Operations Command. With fiscal year 2024 orders of $24.2 billion and a book-to-bill ratio of 1.14x, L3Harris demonstrates strong market demand and is positioned as "the Trusted Disruptor" in defense technology innovation.