Positive
Seeking Alpha
18 days ago
L3Harris Technologies: Quietly Powering The Next Defense Boom
L3Harris Technologies has surged 33.3%, outperforming the S&P 500, driven by robust defense demand and the LHX NeXt cost-cutting program. Q3 2025 results showed 7% sales growth, margin expansion, and a strong backlog, with management raising 2025 revenue guidance to $22 billion and providing a 2026 outlook. LHX benefits from missile defense, ISR, electronic warfare, AI integration, and air traffic modernization, supporting mid-single-digit growth and expanding margins.