L3Harris Technologies Inc
LHX: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|d% | LOCK|N%g& | LOCK|^!>^>QZ |
L3Harris Earnings: Increasing International Sales Boosted Results; Shares Fully Valued
L3Harris' revenue grew 7% year on year while segment operating income rose 8% to $900 million, a solid 15.9% margin. Management increased its full-year expectations and highlighted that growing non-US military budgets could drive exports to reach 25% of company sales in the medium term.
