L3Harris Technologies stock gains on a new Navy award

Published on 09/23/2026 at 11:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

L3Harris Technologies stock traded near USD 239.75 on September 23, 2026, with a USD 44.64 billion market value. July revenue rose 8.4 percent year over year.

Fotorealistisches Werksgelände mit Transportflugzeug und Antennenanlagen bei bewölktem Himmel — Fotorealistische Außenansicht einer Rüstungsfabrik von L3Harris Technologies zeigt Transportflugzeug, ISIN US5024311095, bewölkter Himmel, Illustration mit AI erstellt.

L3Harris Technologies (ISIN US5024311095) opened at USD 239.75 on the NYSE on September 23, 2026, while its market capitalization stood at USD 44.64 billion. The latest defense contract adds an operational angle as the company trades close to its 52-week low.

Navy agreement adds contract visibility

L3Harris Technologies and the Naval Air Warfare Center Weapons Division China Lake signed a multi-year agreement to manufacture critical Tomahawk missile components, according to Naval Today on September 23, 2026. The agreement links the company to a long-duration missile production program rather than a single delivery.

A separate September 22 market report cited a USD 139 million Navy award, according to the available company-market coverage. The contract value is small relative to the USD 46.00 billion market capitalization cited for September 22, but recurring defense production can matter because it supports backlog visibility over several reporting periods.

Quarterly figures beat consensus

For the quarter reported on July 29, 2026, L3Harris Technologies delivered EPS of USD 3.13 against a USD 2.80 consensus estimate, a USD 0.33 beat, while revenue reached USD 5.88 billion versus the USD 5.81 billion estimate. MarketBeat reported that quarterly revenue increased 8.4 percent year over year and that prior-year EPS was USD 2.78.

The same report gave fiscal 2026 EPS guidance of USD 11.80 to USD 12.00, compared with an analyst forecast of USD 11.88. The figures give the contract news a financial benchmark: the July quarter combined higher revenue with an earnings beat, while the full-year range remains the key earnings yardstick for the stock.

Stock remains near yearly low

The NYSE shares traded as low as USD 239.51 in the September 23 market snapshot, against a 52-week high of USD 379.23 and a market capitalization of USD 44.64 billion. The 52-week spread shows that the contract announcement is being assessed against a stock price positioned near the lower end of its annual range.

The next market question is whether quarterly execution can support the fiscal 2026 EPS range while defense awards convert into revenue. A USD 1.25 quarterly dividend was paid on September 18, 2026, according to the reported company-market data, implying USD 5.00 on an annualized basis.

NYSE price stays near the low

L3Harris Technologies stock opened at USD 239.75 on the NYSE on September 23, 2026. The same market snapshot placed the 52-week range at USD 239.51 to USD 379.23 and market capitalization at USD 44.64 billion.