L3Harris Technologies (LHX) is a publicly traded Established Primes company founded in 2019 and based in Melbourne, United States.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Jul 1, 2019 | IPO | — | — | — |
L3Harris Technologies reported Q2 2026 revenue of $5.9 billion, up 8% year-over-year, driven by growth across all three segments from new program starts and strong backlog execution. Operating income increased 15% to $654 million, with GAAP operating margin expanding 60 basis points to 11.1%. Diluted EPS grew 28% to $3.13, bolstered by higher net income and lower corporate expenses, though partially offset by lower asset gains versus Q2 2025. The company recorded a record $42 billion backlog with book-to-bill of 1.2x from $7.3 billion in orders. Free cash flow surged 37% to $771 million on operating cash flow of $879 million. Management raised 2026 guidance for consolidated revenue to $23.2–23.7 billion (from $23.0–23.5 billion) and for diluted EPS to $11.80–12.00 (from $11.40–11.60), citing strong execution and multi-year backlog visibility.
2026 consolidated revenue $23.2–23.7B; diluted EPS $11.80–12.00

F-35A and F-35B flyaway costs rise over 11%, F-35C up over 8%, per the Joint Program Office.

Three military exercises demonstrate an integrated counter-UAS kill chain linking sensors, C2, RF effects, and lasers.

U.S. Army awards $192M to Palantir ($127M) and Anduril ($65M) to move TITAN targeting system into production.

US State Dept approves potential $800M FMS of Bell helicopters, weapons, and sensors to Iraq.

How the Ukraine war and Asia-Pacific defense demand are reshaping European defense industrial strategy and supply chains.

DoD awards X-Bow Systems an $11M contract to develop low-cost interceptors, aiming to break the Northrop Grumman/L3Harris SRM duopoly.
Software-defined, MUOS-ready multiband manpack radio providing simultaneous narrowband and wideband SATCOM voice and data in a form factor 30% smaller and 35% lighter than predecessors. Operates across VHF/UHF/L-band; supports BLOS communications via MUOS satellite network. The standard tactical radio for US and allied special operations, Army, and Marine Corps forces globally.
Family of precision electro-optical/infrared imaging and targeting turrets—MX-8 through MX-25—used on over 260 platform types including fixed-wing, rotary-wing, UAV, and aerostat. Provides persistent surveillance, reconnaissance, and target designation from standoff distances. MX-20 optimized for high-altitude, long-range ISR; MX-20D adds laser designation for air-to-ground strike. Used by US and allied militaries worldwide.
L3Harris designs and manufactures satellite payloads for missile warning, missile tracking, and space domain awareness—including sensors for the Space Force Next-Generation Overhead Persistent Infrared (Next-Gen OPIR) satellite constellation. Provides ground systems for space command and control and tracking; critical to the US nuclear early warning and space surveillance architecture.
75 patents on file, but none with both an extractable figure and an abstract on Google Patents yet.