United States
US 427354 | SupplierIQ Profile

L3Harris Technologies Inc. SupplierIQ Procurement Profile

IW
IBISWorld Research Department
Analyst New York

L3Harris Technologies, Inc. /DE/ is an end-to-end technology solutions provider for the defense industry. It organizes its business into four reportable segments: the Space & Airborne Systems segment, which designs, develops, integrates, produces, and sustains weapon systems for the national and international space, airborne, and cyber customers; the Integrated Mission Systems segment, which offers solutions for intelligence, surveillance, and reconnaissance, passive sensing and targeting, electronic attack, autonomy, power and communications, networks, and sensors to national and international air, land, and sea customers; the Communication Systems segment, which provides resilient communication solutions; and the Aerojet Rocketdyne segment, which engineers and manufactures strategic defense, missile defense, hypersonic, and tactical systems and propulsion and power systems. The firm was incorporated in Delaware on December 6, 1926. Its headquarters are located in Melbourne, Florida.

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What’s included in this SupplierIQ Profile

IBISWorld's SupplierIQ profile covering L3Harris Technologies Inc. includes financial statements, products & service markets, competitive position and key financial health ratios.

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Company Snapshot

What’s covered in this SupplierIQ Profile?

This SupplierIQ profile on L3Harris Technologies Inc. covers the company’s financial statements, products & service markets, competitive position and key financial health ratios. L3Harris Technologies Inc., trading as L3, is a public company with 45.0k employees.

What industries does L3Harris Technologies Inc. operate in?

L3Harris Technologies Inc. primarily operates in Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing, as well as in Graphic Design Services in the US, Measuring, Testing & Navigational Instrument Manufacturing in the US, Audio & Video Equipment Manufacturing in the US and Communications Equipment Manufacturing in the US.

Product & Service Markets

What’s included in the Product & Service Markets chapter?

The Product & Service Markets chapter provides a breakdown of L3Harris Technologies Inc.’s key product and service segments, organized by standardized industry classifications like NAICS. It includes their market share in each of these markets with market share trends and insights.

Competitive Position

What’s included in the Competitive Position chapter?

The Competitive Position chapter covers L3Harris Technologies Inc.’s performance relative to competitors in each of the products and service markets the company operates in. This includes a detailed competitor matrix comparing the market share, return on assets, return on equity, pricing power and competitive outlook. There are qualitative insights and a detailed SWOT analysis included for each product and service market.

Income Statement

What’s included in the Income Statement chapter?

The Income Statement chapter includes datasets covering L3Harris Technologies Inc.’s historical financial performance. Line items include revenue, cost of sales, gross margins, general and administrative costs, research and development costs, depreciation, interest and taxes. This is available in current and historical datasets.

Balance Sheet

What’s included in the Balance Sheet chapter?

The Balance Sheet chapter includes datasets covering L3Harris Technologies Inc.’s historical financial health. Current asset and non-current asset accounts include line items like cash, receivables, inventories, property, plant and equipment, investments, goodwill. Current liabilities and non-current liabilities accounts include line items like accounts payable, debts, provisions and lease liabilities. The equity accounts include line items like paid-in capital, retained earnings, employee stock option plans and treasury stock. This is available in current and historical datasets.

Cash Flows

What’s included in the Cash Flows chapter?

The Cash Flows chapter includes detailed line item accounts covering L3Harris Technologies Inc.’s operating cash flow activities, financing cash flow activities and investing cash flow activities. This is available in current and historical datasets.

Ratios

What’s included in the Ratios chapter?

The Ratios chapter covers key financial metrics like the operating margin, gross margin, return on equity, return on assets, current ratio, quick ratio, EBIT margins, EBITDA margins, debt ratio, equity ratio and debt to equity ratios. This is available in current and historical datasets.

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Frequently Asked Questions

What is the 2025 revenue for L3Harris Technologies Inc.?

According to the 2026 IBISWorld ProcurementIQ report, L3Harris Technologies Inc. generated $21.9bn in revenue.

Who are L3Harris Technologies Inc.’s main competitors?

The 2026 ProcurementIQ report benchmarks L3Harris Technologies Inc. against its top competitors across execution score, operational capabilities, pricing power, and market share.

What is L3Harris Technologies Inc.’s EBITDA margin?

L3Harris Technologies Inc.’s EBITDA margin is reported across a 7-year period in the 2026 IBISWorld ProcurementIQ report. The report includes a full income statement breakdown.

What markets does L3Harris Technologies Inc. operate in?

The 2026 report identifies all NAICS-coded product and service markets L3Harris Technologies Inc. participates in, including market share, concentration, profitability trends, and average vendor risk ratings.

How many employees does L3Harris Technologies Inc. have?

The 2026 ProcurementIQ report lists L3Harris Technologies Inc.’s employee count and benchmarks workforce size against key competitors to assess relative operational capacity.

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