Elon's Greatest Invention... Hidden in South Memphis?

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

L3Harris Technologies Inc
NYSE:LHX
$216.27
Open 216.06 Prev Close 216.31
High 219.46 Low 208.11
Volume 1,946,745 Volume (Avg) 1,486
52 Week High 263.05 52 Week Low 192.04
Market Cap 40.6B PE Ratio 27.45

General

NameL3Harris Technologies Inc
TickerLHX
ExchangeNYSE
SectorIndustrials
IndustryAerospace & Defense
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees47,000

About L3Harris Technologies Inc

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.

Highlights

Analyst Target255.00
Market Cap40,597,400,000
PE Ratio27.45
PEG Ratio0.32
EBITDA3,927,000,064

Valuation

Trailing PE27.31
Forward PE20.16
Price/Sales (Trailing 12 Mt.)1.90
Price/Book (Most Recent Quarter)2.08

Technicals

Beta0.70
52 Week High263.05
52 Week Low192.04
50 Day Average3.27%
200 Day Average-4.30%

Dividend

L3Harris Technologies Inc pays out a dividend of $4.99 per share, with a dividend yield of 2.31%.

LHX's last dividend payment was made to shareholders on March 21, 2025.

They pay out 58.40% of their earnings out as a dividend.

Recent Dividends

Jun 18, 2025$1.20
Mar 21, 2025$1.20
Dec 6, 2024$1.16
Sep 20, 2024$1.16
Jun 18, 2024$1.16
Mar 22, 2024$1.16
Dec 1, 2023$1.14
Sep 19, 2023$1.14
Jun 16, 2023$1.14
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