L3harris Technologies, Inc. /De/LHX
What L3harris Technologies, Inc. /De/ does.
L3Harris Technologies, Inc. is the Trusted Disruptor in the defense industry. With customers’ mission-critical needs in mind, we deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security. We support customers in more than 100 countries, with our largest customers being various departments and agencies of the U.S. Government, their prime contractors and international allies. Our capabilities have defense and civil government applications, as well as commercial applications.
Our fiscal year ends on the Friday nearest December 31. The fiscal year ended January 2, 2026 (“fiscal 2025”) included 52 weeks, fiscal year ended January 3, 2025 (“fiscal 2024”) included 53 weeks, and the fiscal year ended December 29, 2023 (“fiscal 2023”) included 52 weeks. Unless the context otherwise requires, the terms “we,” “our,” “us,” “Company” and “L3Harris” as used in this Annual Report on Form 10-K (this “Report”) mean L3Harris Technologies, Inc. and its subsidiaries.
We structure our operations primarily around the capabilities we provide and we report our financial results in four operating segments, which are also our reportable segments or business segments. From time to time, we acquire or divest businesses and strategically realign businesses within and across our business segments to optimize existing capabilities and enhance the efficiency with which we develop and deliver on our contracts. For financial information with respect to our business segments, see Note 14: Business Segments in the Notes to Consolidated Financial Statements in this Report (the “Notes”). Beginning fiscal 2026, we streamlined our business segments from four business segments to three business segments, more closely aligning common capabilities and business models. See Note 16: Subsequent Events in the Notes.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $18.2B | $17.8B | $17.1B | $19.4B | $21.3B | — |
| Net income | $1.1B | $1.8B | $1.1B | $1.2B | $1.5B | $1.6B |
| Free cash flow | $2.4B | $2.3B | $1.9B | $1.6B | $2.2B | $2.7B |
More on LHX.
- L3harris Technologies, Inc. /De/ summary
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- L3harris Technologies, Inc. /De/ earnings
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- L3harris Technologies, Inc. /De/ ownership and insiders
- L3harris Technologies, Inc. /De/ peers
Figures from L3harris Technologies, Inc. /De/'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.