L3Harris Technologies LHX

L3Harris Technologies has demonstrated notable financial resilience in 2025, reporting a 17% increase in diluted earnings per share for Q3, driven by strong revenue growth and reduced expenses. The company’s contractual backlog remains robust at $7.1 billion, reinforcing its future growth potential. In previous quarters, L3Harris faced multiple challenges including significant revenue declines, operational streamlining due to market conditions, and profit pressures in the defense sector. Notably, the establishment of a $2.5 billion credit facility positions the firm to leverage future investments, alongside contracts such as the recent $400 million THAAD missile defense agreement, despite an overall decrease in revenues and a stock price impacted by mixed earnings performances.