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Can L3Harris' Expanding Global Reach Support Future Growth?

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Key Takeaways

  • LHX serves customers across more than 100 countries through its global defense portfolio.
  • LHX supports international expansion with regional sales offices across key global markets.
  • LHX's international reach spans Europe, the Middle East, Asia-Pacific and Canada.

L3Harris Technologies, Inc. (LHX - Free Report) is expanding its presence across international markets, creating opportunities to serve a broader customer base beyond the United States. In fiscal 2025, international revenues reached $4.8 billion, accounting for 22% of total revenues. The company serves customers across more than 100 countries, providing exposure to a wide range of international markets.

LHX’s international operations are supported by marketing organizations and regional sales offices across Europe, the Middle East and Africa, Asia-Pacific and Canada. This geographic presence enables the company to maintain closer relationships with customers and pursue opportunities across different regions. No single foreign country accounted for more than 5% of revenues in fiscal 2025, providing geographic diversification.

International deliveries also contributed to L3Harris’ fiscal 2025 revenue growth. Consolidated revenues increased 3% to $21.865 billion, with higher volumes, including new program ramps, and increased international deliveries supporting the performance. Continued international activity could therefore provide an additional avenue for growth as the company expands its customer reach.

The company’s broad portfolio across defense and technology markets further supports its ability to address international requirements. L3Harris competes internationally against large defense companies and focuses on opportunities that fit its technological capabilities and objectives. Its established international marketing infrastructure and presence across multiple regions could support continued expansion in global markets.

Companies Expanding Their Global Defense Presence

Growing international defense demand is encouraging aerospace and defense companies to expand their global customer base and regional presence. General Dynamics Corporation (GD - Free Report) and RTX Corporation (RTX - Free Report) are also generating significant revenue from customers outside the United States.

General Dynamics generated $9.2 billion from non-U.S. government and commercial customers in 2025, representing 17% of consolidated revenues, while maintaining business relationships across global markets.

RTX generated $41.3 billion in international sales in 2025, representing 47% of total net sales, with customers across Europe, Asia-Pacific, the Middle East and other regions.

Earnings Estimates for LHX

The Zacks Consensus Estimate for 2026 and 2027 earnings per share suggests year-over-year growth of 9.79% and 14.44%, respectively.

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LHX Stock Is Trading at a Discount

LHX is trading at a discount relative to the industry, with a forward 12-month price-to-sales of 1.89X compared with the industry average of 2.26X.

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LHX Stock Price Performance

Over the past year, LHX shares have fallen 11.8% compared with the industry’s 13.7% decline.

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LHX’s Zacks Rank

LHX stock currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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