LHX

L3Harris Technologies (LHX) receives a #3 (Hold) rating from Zacks with a VGM Score of B and Value Style Score of B. The aerospace and defense company has seen three analyst earnings estimate revisions upward in the last 60 days, with consensus estimates increasing to $11.87 per share and an average earnings surprise of +7.1%. Despite solid fundamentals and attractive valuation metrics including a forward P/E of 20.94, the Hold rating suggests investors should monitor the stock before taking action.

L3Harris Technologies (LHX) is investing $536 million in company-funded R&D in 2025 to develop technologies across communications, space, and missile propulsion. The company's platform-agnostic approach and flexible business model enable it to adapt to changing defense requirements. LHX ended 2025 with a $38.7 billion contractual backlog, up 13% year-over-year, and is trading at a discount relative to industry peers with expected earnings growth of 9.97% and 14.48% for 2026 and 2027 respectively.

L3Harris Technologies (LHX) is significantly expanding its missile propulsion production capabilities following a $6 billion, seven-year contract award for the THAAD system. The company's Aerojet Rocketdyne segment saw 10% revenue growth in fiscal 2025, driven by increased missile production volumes.

LHX plans to expand its Camden, Arkansas facility and is investing in manufacturing infrastructure to support higher output. The company is trading at a discount relative to its industry peers.