L3Harris Technologies, Inc. (LHX) Covered Calls

L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet critical mission requirements. The company provides advanced defense and commercial technologies across space, air, land, sea, and cyber domains. Its primary offerings include tactical communications, electronic warfare, air traffic management, and space-based intelligence and surveillance systems.

You can sell covered calls on L3Harris Technologies, Inc. to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for LHX (prices last updated Tue 4:16 PM ET):

L3Harris Technologies, Inc. (LHX) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
346.59 +1.09 343.02 350.00 1.2M 41 65
Covered Calls For L3Harris Technologies, Inc. (LHX)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
Feb 20 347.5 2.20 347.80 -0.1% -9.1%
Mar 20 350 9.20 340.80 3.1% 35.4%
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L3Harris Technologies, Inc. is a leading defense contractor that positions itself as the "Trusted Disruptor" within the global security landscape. The company was formed through the merger of L3 Technologies and Harris Corporation and has since expanded its mission capabilities through strategic acquisitions, including the addition of Aerojet Rocketdyne to bolster its propulsion and power segments.

The company’s operations are organized into four market-leading segments:

  1. Integrated Mission Systems: Providing multi-domain intelligence, surveillance, and reconnaissance (ISR) systems, as well as advanced maritime and sensors solutions.
  2. Space and Airborne Systems: Designing and manufacturing space payloads, environmental and optical sensors, and electronic warfare suites for high-end aircraft.
  3. Communication Systems: Delivering tactical radios, secure communications, and public safety networks to domestic and international government customers.
  4. Aerojet Rocketdyne: Focusing on missile defense and space propulsion systems for civil and national security applications.

The competitive landscape for L3Harris is defined by its ability to compete against traditional defense "primes" while maintaining the speed of a technology firm. In the broad aerospace and defense sectors, the company competes directly with Lockheed Martin and Northrop Grumman for major space and electronics contracts. For integrated aviation and communications platforms, it frequently vies for market share against Boeing and RTX. In the specialized market for tactical unmanned systems and robotic defense, it also competes with AeroVironment.

Strategic Outlook and Innovation

L3Harris is focused on the rapid industrialization of resilient communications and open-architecture systems to address evolving threats in contested environments. By integrating artificial intelligence and machine learning into its sensor suites, the company is enhancing real-time decision-making capabilities for warfighters. A primary innovation initiative involves the development of low-latency satellite cross-links that allow disparate defense assets to operate as a unified network. This strategy is designed to capture increasing demand for multi-domain command and control systems, ensuring the company remains a central utility for modern, data-centric military operations across the globe.