L3 Harris Technologies (LHX)

Overall impact
F (18)

Commentary

L3 Harris Technologies is a poor overall performer. With an 'F' rating of 17.9 for overall impact (bottom 10% of all companies), L3 Harris Technologies ranks 13th out of 19 industry peers, behind Air Industries, MICT, Virgin Galactic and 9 others, and ahead of Huntington Ingalls Industries, Lockheed Martin, Aerojet Rocketdyne and 3 others. On top material causes for L3 Harris Technologies's industry (Aerospace & Defense), L3 Harris Technologies performs poorly in Conflict Free Mineral Production (4.6 score), Improved Mental Health (27.6), No Poverty (26.6) and 11 other causes where it received a 'D' or 'F' score. L3 Harris Technologies did not receive an 'A' rating on any cause.
Impact
Cause LHX
Peer rank
Overall impact

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Company
Founded
1895
Employees
45,000
Sector
Industrials
Industry
Aerospace & Defense
Sub-industry
Aerospace & Defense
SASB industry
Aerospace & Defense
Headquarters
Fl, United States
Share classes
LHX
Mission
Ground-breaking mission solutions, flawlessly delivered, to safeguard our world.
Description
L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. It operates through Space & Airborne Systems (SAS), Integrated Mission Systems (IMS), Communication Systems (CS), and Aerojet Rocketdyne (AR) segments. The SAS segment provides satellite space payloads, sensors, and full-mission solutions; classified intelligence and cyber; airborne combat systems; and mission networks for air traffic management operations. The IMS segment offers intelligence, surveillance, and reconnaissance (ISR) systems; passive sensing and targeting; electronic attack platforms; autonomy; power and communications; networks; and sensors. The CS segment provides tactical radios, software, waveforms, satellite terminals, and end-to-end battlefield systems for the U.S. Department of Defense, international, federal, and state agency customers; broadband communications; integrated vision solutions, including helmet-mounted integrated night vision goggles with image intensifier tubes and weapon-mounted sights, aiming lasers, and range finders; and public safety radios, and system applications and equipment. The AR segment offers propulsion technologies and armament systems for strategic defense, missile defense, hypersonic, and tactical systems; and space propulsion and power systems for national security space and exploration missions. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies, Inc. in June 2019. L3Harris Technologies, Inc. was founded in 1895 and is based in Melbourne, Florida.
Material causes
Ethos considers the following causes material for L3 Harris Technologies, based on its industry sub-industry Aerospace & Defense. Learn more about material causes in our methodology overview.

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