L3 Harris Technologies

L3 Harris Technologies is involved in the design and development of the new intercontinental ballistic missile system for the US, the Ground Based Strategic Deterrent as well as producing key components for the Trident II (D5) system.

Nuclear Weapons |  Investments (years compared) (2021) (2020)

Company Profile

L3 Harris Technologies was established in 2019 through the merger of Harris Corporation and L3 Technologies. The company describes itself as an agile global aerospace and defence technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs.1 L3 Harris Technologies is involved in the design and development of the Sentinel, the new Ground Based Strategic Deterrent for the US as well as producing key components for the Trident II (D5) system. In the financial year ending December 31, 2021, L3 Harris generated revenues of $17.8 billion.2

Stock Exchange Listing
NYSE: LHX

Contact Information

1025 W. NASA Boulevard
Melbourne, FL 32919
United States
Tel: +1 321-727-9100

Website: www.facebook.com/L3HarrisTechnologies/
Facebook: http://www.facebook.com/L3HarrisTechnologies/
Instagram: www.instagram.com/l3harristech/
LinkedIn: https://www.linkedin.com/company/l3harris-technologies/
Twitter: https://twitter.com/L3HarrisTech
YouTube: https://www.youtube.com/channel/UCENNhz_O63zkKUHkj6bsIIQ

Nuclear weapons

L3 Harris is part of the team put together by Northrop Grumman to build the Sentinel, the new Ground Based Strategic Deterrent. L3Harris will be designing the training systems.3

L3 Harris subsidiary Interstate Electronics Corporation was awarded a new five-year contract in 2021 for flight test instrumentation support and services related to the Trident II (D5) nuclear missile.4 The potential value of the contract is $286 million.5

Investments

Investments compared

Click on the institution to see if and how they've invested in the past. Red indicates a new investor in 2021. Green indicates investors that ended their involvement by 2021.

55 Financial institutions made $36,876.9 million available to L3 Harris between January 2018-January 2020. The table displays the top 15 investors but can be adjusted or searched. All figures are in millions of US dollars.

2022 Investments

2022

InvestorCountryBondholdingLoansShareholdingUnderwritingGrand total
Ally FinancialUnited States$52.5$52.5
Aware SuperAustralia$0.6$0.6
Bank of AmericaUnited States$353.8$1,999.3$1,254.9$3,608.0
Bank of New York MellonUnited States$57.1$249.7$306.9
BarclaysUnited Kingdom$191.7$191.7
BlackRockUnited States$2,542.1$2,542.1
Brown AdvisoryUnited States$462.1$462.1
California Public Employees' Retirement System (CalPERS)United States$345.0$345.0
Capital GroupUnited States$5,377.3$5,377.3
Charles SchwabUnited States$254.0$254.0
CitigroupUnited States$230.0$230.0
ComericaUnited States$57.1$57.1
Crédit Mutuel CIC GroupFrance$57.1$57.1
Deutsche BankGermany$274.2$274.2
Diamond Hill Investment GroupUnited States$299.5$299.5
Dimensional Fund AdvisorsUnited States$253.9$253.9
Fidelity InvestmentsUnited States$432.8$432.8
First Abu Dhabi BankUnited Arab Emirates$125.0$125.0
Franklin ResourcesUnited States$605.0$605.0
Geode Capital HoldingsUnited States$837.2$837.2
Government Pension Fund GlobalNorway$314.6$314.6
Government Pension Investment Fund (GPIF)Japan$284.1$284.1
HSBCUnited Kingdom$287.1$287.1
InvescoUnited States$298.0$298.0
Janus HendersonUnited Kingdom$850.1$850.1
Japan Mutual Aid Association of Public School TeachersJapan$469.3$469.3
JPMorgan ChaseUnited States$230.0$230.0
LänsförsäkringarSweden$5.2$5.2
Legal & GeneralUnited Kingdom$285.7$285.7
Lord, Abbett & CoUnited States$81.2$81.2
Macquarie GroupAustralia$35.1$35.1
MetLifeUnited States$65.8$65.8
Mitsubishi UFJ FinancialJapan$191.7$191.7
Mizuho FinancialJapan$125.0$125.0
Morgan StanleyUnited States$312.5$1,254.9$1,567.4
National Pension ServiceSouth Korea$259.4$259.4
New York Life InsuranceUnited States$42.0$42.0
Northern TrustUnited States$205.0$304.1$509.1
Northill CapitalUnited Kingdom$725.3$725.3
Northwestern MutualUnited States$205.9$205.9
Power Financial CorporationCanada$64.9$64.9
Royal Bank of CanadaCanada$105.0$105.0
ScotiabankCanada$296.7$296.7
SMBC GroupJapan$274.2$274.2
State StreetUnited States$2,208.0$2,208.0
Sun Life FinancialCanada$427.4$427.4
T. Rowe PriceUnited States$1,847.2$1,847.2
TIAAUnited States$113.0$113.0
Toronto-Dominion BankCanada$205.0$205.0
Truist FinancialUnited States$181.0$181.0
US BancorpUnited States$296.7$296.7
VanguardUnited States$158.3$4,216.4$4,374.7
Wellington ManagementUnited States$1,370.1$1,370.1
Wells FargoUnited States$296.7$1,214.1$1,510.8
White Mountains InsuranceBermuda$48.9$48.9
Grand total$815.1$4,405.0$28,737.4$2,509.7$36,467.2
2021 Investments

2021

54 Financial institutions made $33,710 million available in the research period January 2019- January 2021.

All forms of financing meeting the definition of substantive financial relationships are included in the report. This comprises financial institutions participating in loans and underwriting deals since 1 January 2019, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2020. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

2020 Investments

2020

55 Financial institutions made $36,877.1 million available in the research period January 2018-2020.

This comprises financial institutions participating in loans and underwriting deals since 1 January 2018, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2019. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

Last updated: 2023-07-06 14:50:39

Notes

  1. Our History (2022) | L3HarrisTM Fast. Forward. Available at: https://www.l3harris.com/company/our-history.
  2. ‘2021 Annual Report’, L3Harris Fast. Forward (2022), p. 5. Available at: L3Harris_2021AnnualReport_Pagination_FINAL.
  3. L3HARRIS TECHNOLOGIES ENTERS MISSILE SYSTEMS TRAINING WITH GROUND BASED STRATEGIC DETERRENT CONTRACT AWARD. L3Harris Press Release, 9 September 2020. Available at: https://l3harris.com/newsroom/press-release/2020/09/l3harris-technologies-enters-missile-systems-training-ground-based.
  4. Contracts for October 1, 2021 (2021) U.S. Department of Defense. Available at:  https://www.defense.gov/News/Contracts/Contract/Article/2796431/ (Accessed: 5 October 2022).
  5. CONTRACT to INTERSTATE ELECTRONICS CORPORATION | USAspending, 1 October 2021. Available at: https://www.usaspending.gov/award/CONT_AWD_N0003022C2001_9700_-NONE-_-NONE- (Accessed: 5 October 2022).