Investment Thesis
L3Harris Technologies supplies defense electronics, space payloads, and communications systems. Portfolio realignment and classified programs support above-peer growth with strong cash conversion.
- Integrated Mission Systems: ISR sensors and electronic warfare content benefit modernization.
- Space & Airborne: Responsive space payloads and missile warning sensors ride proliferated LEO demand.
- Margins & Cash: Operational excellence and divestitures focus on high-return franchises.