In addition to its legacy software-defined radio franchise, L3Harris Technologies has through a series of acquisitions established franchises producing uncrewed aerial vehicles, sensors, avionics, space-based systems, missiles, and solid rocket motors. It also adapts civilian aircraft for military use and provides military and commercial training services, and maintains the US Federal Aviation Administration's communications infrastructure.
The chart shows the growth of an initial investment of $10,000 in L3Harris Technologies, Inc., comparing it to the performance of the S&P 500 index. All prices have been adjusted for splits and dividends.
Returns By Period
L3Harris Technologies, Inc. (LHX) has returned 21.09% so far this year and 79.35% over the past 12 months. Looking at the last ten years, LHX has achieved an annualized return of 6.49%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
LHX
1M-2.52%
6M19.75%
YTD21.09%
1Y79.35%
5Y11.31%
10Y6.49%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of L3Harris Technologies, Inc. (LHX) with color gradation from worst to best to easily spot seasonal factors.
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2026
16.62%
7.85%
-6.80%
2.05%
2025
0.84%
-2.37%
0.82%
5.03%
11.21%
2.45%
9.60%
0.95%
10.03%
-4.85%
-3.77%
6.31%
2024
-0.99%
1.27%
0.89%
0.50%
4.87%
-0.33%
0.58%
4.02%
0.50%
4.21%
-0.93%
-14.61%
2023
3.48%
-1.08%
-6.27%
-0.88%
-9.85%
11.84%
-3.06%
-6.11%
-2.23%
3.30%
5.81%
10.35%
2022
-1.96%
21.65%
-1.64%
-6.79%
4.54%
-0.24%
-0.90%
-5.12%
-8.13%
17.13%
-8.11%
-8.82%
2021
-8.75%
4.82%
9.29%
3.16%
4.56%
-1.52%
4.93%
2.20%
-5.65%
4.15%
-9.06%
1.00%
2020
11.54%
-10.83%
-8.98%
12.62%
4.54%
-13.99%
-1.81%
6.32%
-5.25%
-6.33%
16.90%
-2.29%
2019
9.40%
4.54%
-0.42%
-1.58%
-2.55%
-1.17%
Performance Indicators
The charts below present risk-adjusted performance metrics for L3Harris Technologies, Inc. (LHX) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of LHX compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current L3Harris Technologies, Inc. volatility is 1.64%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses. Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
2026
2023
2022
2021
Liabilities And Equity (USD)
41.20B
41.69B
33.52B
34.71B
Equity Attributable To Parent (USD)
19.64B
18.77B
18.52B
19.21B
Equity Attributable To Noncontrolling Interest (USD)
Lockheed Martin's Orion spacecraft successfully launched on the Artemis II mission, carrying four astronauts on a 10-day deep-space validation mission. The stock traded down 0.25% in premarket at $616.08, showing short-term weakness below its 20 and 50-day moving averages despite strong 12-month performance of 36.38%. Analysts maintain a Hold rating with a $592.38 price target, citing strong quality fundamentals but premium valuation.
Benzinga•Lekha Gupta
AI Insight
Supplied over 100 critical components for Artemis II including engines, avionics units, and communication systems, highlighting its essential role in the mission's success.
Mercury Systems has been awarded a contract by L3Harris Technologies to provide solid-state data recorders (SSDRs) for the U.S. Space Development Agency's Tranche 3 Tracking Layer satellite constellation. This marks Mercury's continued involvement across all four tranches of the Proliferated Warfighter Space Architecture program, with the new contract utilizing Mercury's highest-capacity SSDR to date in a 3U VPX form factor.
GlobeNewswire Inc.•
AI Insight
L3Harris received a contract to build 18 infrared satellites for the Tranche 3 Tracking Layer and successfully selected Mercury as a key supplier, indicating progress on a major defense initiative for missile threat detection.
Firefly Aerospace's Alpha rocket successfully delivered a Lockheed Martin payload to orbit, with FLY stock surging 18% on the successful Alpha Flight 7 mission. The company has secured multiyear contracts with Lockheed, L3Harris, the Space Force, and NASA, positioning itself as a high-beta defense space trade despite not yet being profitable.
Benzinga•Erica Kollmann
AI Insight
Secured dedicated launch missions with Firefly beginning in 2026 with follow-on agreement for up to 20 additional launches through 2031, demonstrating strategic partnership in defense space operations.
RTX Corp's Pratt & Whitney unit secured a follow-on contract from Leidos Dynetics to supply TJ150 turbojet engines for the AGM-190A small cruise missile. RTX shares were down 0.57% at $207.05 on Tuesday, trading 2.1% above its 20-day SMA and 11.4% above its 100-day SMA with bullish MACD signals. The stock carries a Buy rating with an average price target of $174.94 and is approaching its 52-week high of $214.50.
Benzinga•Akanksha Bakshi
AI Insight
Mentioned as a major aerospace and defense contractor benefiting from anticipated surge in global demand for advanced weaponry systems, but no specific company news or contract announcements provided.
The Iran conflict and resulting oil price surge to over $110/barrel have roiled global markets and triggered inflation concerns, but US defense contractors are emerging as winners. Major defense primes are benefiting from expectations of increased weapons usage, larger Pentagon budgets, and a substantial supplemental munitions production request from the Trump administration. Lockheed Martin leads the sector rally, up nearly 40% year-to-date, while RTX, Northrop Grumman, General Dynamics, and L3Harris also gain on increased demand for missiles, fighter jets, and defense systems.
Benzinga•Erica Kollmann
AI Insight
Moving toward 52-week highs; positioned to benefit from increased demand for communications and sensor networks tied to higher defense spending from Iran conflict escalation.
President Trump announced Friday that major U.S. defense contractors have committed to quadrupling production of advanced weaponry, with expansion already underway for the past three months. The announcement comes as the U.S. deploys munitions in Iran and Venezuela, with Trump noting a 'virtually unlimited supply' of medium and upper-medium grade munitions.
Benzinga•Erica Kollmann
AI Insight
Included among the largest U.S. defense manufacturers meeting with Trump, L3Harris will likely benefit from increased weapons production commitments and orders.
Intuitive Machines (LUNR) shares rose 3.45% on Tuesday following an announcement that L3Harris Technologies selected its subsidiary Lanteris Space Systems to develop and produce 18 next-generation spacecraft platforms for the Space Development Agency's Tranche 3 Tracking Layer. These satellites will track advanced missile threats including hypersonic and ballistic systems. The contract award comes amid escalating Middle East tensions. Technically, the stock shows bullish momentum above key moving averages with support at $17.00 and resistance at $19.00.
Benzinga•Evette Mitkov
AI Insight
Company selected Intuitive Machines' subsidiary for contract work, indicating confidence in their capabilities, but the article does not provide direct stock price impact or sentiment specific to L3Harris itself.
The Pentagon's SHIELD contract, a $151 billion missile defense initiative, has approved over 2,400 companies as vendors to create a multi-layered defensive system against ballistic and hypersonic threats. Being on the vendor list is a 'license to hunt' rather than a guaranteed contract, as companies must still compete for individual task orders. Notable publicly traded defense contractors, space-tech firms, and software companies have secured spots on the list.
Benzinga•Erica Kollmann
AI Insight
Listed as an aerospace and defense giant (prime contractor) likely to win large task orders for hardware and systems.
Blue Water Autonomy, a Boston-based tech company, announced it will build uncrewed surface vessels (USVs) for the U.S. Navy starting in March 2026. The Liberty-class USVs are smaller (190 feet, 1,200 tons) compared to traditional Arleigh Burke-class destroyers, can be built in under a year, require no crew, and can carry 16-32 missiles. Partnering with Conrad Industries in Louisiana, Blue Water aims to produce 10-20 vessels annually, potentially helping the Navy reach President Trump's goal of 355+ ships faster and more cost-effectively than traditional large defense contractors.
The Motley Fool•Rich Smith
AI Insight
Mentioned as a traditional defense contractor, but not directly impacted by the Blue Water Autonomy USV contract announcement.
The global airport security market is valued at USD 16.75 billion in 2025 and is expected to reach USD 38.47 billion by 2035, growing at a CAGR of 8.67%. Growth is driven by increasing air traffic, rising security threats, and investments in biometric and AI-based surveillance technologies. North America leads with 31.7% market share, while Asia Pacific is projected to grow fastest at 9.49% CAGR. Terminal-side security holds the largest segment at 61.8%, with cybersecurity leading technology adoption at 23.5%.
GlobeNewswire Inc.•Sns Insider
AI Insight
L3Harris is listed among leading market players in airport security, well-positioned to capture market share in the rapidly growing sector.