L3Harris Technologies
Major defense/space prime. Acquired Aerojet Rocketdyne (2023). SDA satellites, missile tracking, GPS III. Critical defense space provider.
FINANCIAL HEALTH
CAPITAL & CREDIT PROFILE
Reported fundamentals from SEC XBRL companyfacts. Derived figures carry their formula in the caption.
Latest quarter (Q1 ended 2026-04-03, filed 2026-04-30): revenue $5.74B · net income $512.0M · cash $590.0M — SEC XBRL.
DEBT TRANCHES (1)
| Tranche | Principal | Rate / spread | Maturity | SEC accession |
|---|---|---|---|---|
| 3.85% 2026 | $385.0M | — | 2026-12-31 | 0000202058-26-000035 |
| Total (unmatured) | $385.0M |
Total = sum of listed unmatured tranche principal. Extracted from SEC filings; tranche-level, not exhaustive. Rate / spread = interest_rate_bps ÷ 100 — fixed coupon or floating-rate spread, as extracted from the filing; floating-rate bank debt shows the spread over its reference rate, not all-in cost.
Source: USAspending.gov award obligations matched to this company. Obligations, not recognized revenue.
SCHEDULE CREDIBILITY
How well this operator historically meets its own projected dates — launch NETs, company-announced roadmap milestones, and forward-dated facility plans. 100 = says what it does. Discount forward guidance accordingly.
| Source | Events | Late (share) | Median slip | Median slip, late only | Sub-score | On-time allowance |
|---|---|---|---|---|---|---|
| Roadmap milestones | 2 | 1 (50%) | 104.5 d | 209 d | 57.2 | 30 d |
WORST SLIPS (RECEIPTS)
| Commitment | Source | Announced | Outcome | Slip |
|---|---|---|---|---|
| SDA Tranche 1 Tracking Layer L3Harris satellites delivered (L3Harris SDA/Missile Tracking) open, 209d past target | Roadmap milestones | 2025 | still open | 209 d and counting |
SCI = 100 × Σ(event credit) ÷ N over the trailing 36 months (2023-07-29 → 2026-07-28). Event credit = 1.0 when the commitment met its announced date (launches: net NET slip < 1 day; roadmap milestones & facility plans: within 30 days of the announced target window — month/year-precision targets count the whole period as on-time), else 30 ÷ (30 + days late beyond that allowance). Sources are pooled, so each source weighs by its event count. Sources: launch NET-change log (LL2 ingest, tracked since 2026-04-17; flown launches in coverage + not-yet-flown launches already slipped ≥1 day; cancelled launches excluded), roadmap registry milestones (company-announced targets, verified provenance only; open milestones past target count as late by days-overdue), facility_plans rows with target_date after announced_at (filing-dated rows excluded). Confidence: high ≥20 events, medium ≥8, low ≥5; no score below 5 events. 100 = says what it does.
Window: 2023-07-29 → 2026-07-28 (36 months) · launch NET log live since 2026-04-17
RECENT DEALS & CONTRACTS
| Date | Type | Amount | Counterparty | Significance |
|---|---|---|---|---|
| Jul 13, 2026 | Contract Award | — | US Space Force, L3Harris | High |
| Apr 20, 2026 | Contract Award | $11.3M | National Aeronautics and Space Administration, L3HARRIS TECHNOLOGIES, INC. | Medium |
SECTOR POSITION
RECENT COVERAGE
| Date | Source | Headline |
|---|---|---|
| Jul 13, 2026 | BusinessWire — Satellite/Space | US Space Force Selects L3Harris to Provide Advanced Tracking Satellites for America’s Missile Defense |
| Jul 13, 2026 | SpaceNews | L3Harris, Sierra Space to build 36 satellites to expand U.S. missile-tracking network |
| Jul 01, 2026 | Payload Space | Exclusive: Lunar Forge Unveils Plans to Build Lunar Infrastructure Out of Dust |
| Apr 20, 2026 | USAspending.gov | Administration Awards $11.3M to L3HARRIS TECHNOLOGIES, INC. for HABITABLE WORLDS OBSERVATORY SYSTEM TECHNOLOGY DEMONSTRATIONS AND MISSION ARCHIT... |
| Apr 07, 2026 | BusinessWire — Satellite/Space | Xoople and L3Harris Announce the Co-Development of an Unprecedented Space-Borne Measurement System Designed for the AI Era |
REGISTRY DATA
Source: space_company_registry.json · Operator homepage → · L3Harris Technologies corporate homepage — confirms Space & Airborne Systems, Aerojet Rocketdyne (propulsion), and mission solutions portfolio (NYSE: LHX).
METHODOLOGY
Launch history and subsystem outcomes aggregate from AstraVeris's launch_events table with Wilson 95% lower bounds on success rates. ARI scores come from the 11-factor composite (/finance/methodology/). Constellation counts derive from the live CelesTrak/GCAT object catalog. Gov contracts from USAspending.gov awards; private deals from deduplicated pipeline deal extraction. Absence of a row means "not tracked" — we never fabricate. See /methodology/ for the full data model and /data-licensing/ for licensing terms.
Not investment advice. For insurance underwriting, verify against primary-source filings and operator investigation reports.