AllAnalyst Report
logoMorningstarAugust 20, 2020

L3Harris Technologies, Inc.: Initiating Coverage of L3Harris Technologies With a Fair Value Estimate of $200 per Share

Symbols
LHX
Sector(s)
Industrials
Rating
Premium
Current Price
$191.54
Fair Value
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Economic Moat
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Stewardship
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Summary

L3Harris Technologies was created in 2019 from the merger of L3 Technologies and the Harris Corporation, two defense contractors that provide products for the command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) market. The firm also has smaller operations serving the civil government, particularly the Federal Aviation Administration’s communication infrastructure, and produces various avionics for defense and commercial aviation.

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