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L3Harris Technologies, Inc.

LHX

LHX: L3Harris Technologies provides products for the command, control, communications, computers, intelligence, surveillance, and reconnaissance, or C4ISR, market. The firm produces uncrewed aerial vehicles, sensors, and avionics, as well as provides military and commercial training services and maintains the U.S. Federal Aviation Administration's communications infrastructure. In July 2023, the company acquired Aerojet Rocketdyne, a key supplier of rocket motors to the space and defense industry.

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$LHX stock is featured in our Shelley Moore Capito, Tom Carper, and Top Gov Contract Recipients strategies.

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Our Analysis

Recent trades of LHX by members of U.S. Congress

Politician Type Traded
Daniel Goldman House / D Sale $50,001 - $100,000 Jul. 12, 2023
Daniel Goldman House / D Purchase $1,001 - $15,000 Mar. 06, 2023
Abigail Spanberger House / D Sale $1,001 - $15,000 Mar. 02, 2023
Daniel Goldman House / D Purchase $15,001 - $50,000 Jan. 31, 2023
Abigail Spanberger House / D Purchase $1,001 - $15,000 Sep. 01, 2022
Kathy Manning House / D Sale $1,001 - $15,000 Aug. 03, 2022
Kathy Manning House / D Purchase $1,001 - $15,000 Jul. 20, 2022
Capito, Shelley Moore Senate / R Sale (Partial) $1,001 - $15,000 Feb. 24, 2022
Carper, Thomas R. Senate / D Sale (Partial) $1,001 - $15,000 Jan. 18, 2022
Carol Devine Miller House / R Sale $15,001 - $50,000 Nov. 10, 2021
Carper, Thomas R. Senate / D Sale (Partial) $1,001 - $15,000 Jun. 04, 2021
Susie Lee House / D Sale $1,001 - $15,000 Mar. 05, 2021
Susie Lee House / D Sale $1,001 - $15,000 Feb. 12, 2021
Susie Lee House / D Sale $1,001 - $15,000 Feb. 05, 2021
Gilbert Cisneros House / D Sale $1,001 - $15,000 Dec. 22, 2020
Katherine M. Clark House / D Sale $1,001 - $15,000 Nov. 05, 2020
Katherine M. Clark House / D Sale $1,001 - $15,000 Nov. 05, 2020
Gilbert Cisneros House / D Purchase $1,001 - $15,000 Sep. 16, 2020
Carper, Thomas R. Senate / D Purchase $1,001 - $15,000 Jul. 09, 2020
Gilbert Cisneros House / D Purchase $1,001 - $15,000 Apr. 29, 2020
Katherine M. Clark House / D Purchase $1,001 - $15,000 Apr. 03, 2020
Katherine M. Clark House / D Purchase $1,001 - $15,000 Apr. 03, 2020
Carper, Thomas R. Senate / D Purchase $1,001 - $15,000 Apr. 02, 2020
Cheri Bustos House / D Sale $15,001 - $50,000 Mar. 17, 2020
Susie Lee House / D Purchase $1,001 - $15,000 Oct. 31, 2019
Cheri Bustos House / D Purchase $15,001 - $50,000 Oct. 18, 2019
Susie Lee House / D Sale $1,001 - $15,000 Sep. 11, 2019
Grace Meng House / D Exchange $1,001 - $15,000 Jul. 01, 2019

Recently reported changes by institutional investors

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Institutional Holdings Dashboard

Quarterly net insider trading by LHX's directors and management

Government lobbying spending instances

  • $500,000 Jul 26, 2023 Issue: Labor Issues/Antitrust/Workplace Transportation Aviation/Airlines/Airports Marine/Maritime/Boating/Fisheries Aerospace Intelligence Science/Technology Budget/Appropriations Defense
  • $960,000 Apr 20, 2023 Issue: Transportation Aviation/Airlines/Airports Marine/Maritime/Boating/Fisheries Aerospace Intelligence Science/Technology Budget/Appropriations Defense
  • $420,000 Jan 20, 2023 Issue: Transportation Aviation/Airlines/Airports Marine/Maritime/Boating/Fisheries Aerospace Intelligence Science/Technology Budget/Appropriations Defense
  • $750,000 Oct 20, 2022 Issue: Transportation Aviation/Airlines/Airports Marine/Maritime/Boating/Fisheries Aerospace Intelligence Science/Technology Budget/Appropriations Defense
  • $1,430,000 Jul 20, 2022 Issue: Transportation Aviation/Airlines/Airports Marine/Maritime/Boating/Fisheries Aerospace Intelligence Science/Technology Budget/Appropriations Defense
  • $930,000 Apr 20, 2022 Issue: Transportation Aviation/Airlines/Airports Marine/Maritime/Boating/Fisheries Aerospace Intelligence Science/Technology Budget/Appropriations Defense
  • $540,000 Jan 20, 2022 Issue: None
  • $10,000 Jan 20, 2022 Issue: Transportation
  • $20,000 Jan 20, 2022 Issue: Budget/Appropriations Defense
  • $660,000 Oct 20, 2021 Issue: None
  • $30,000 Oct 20, 2021 Issue: Budget/Appropriations Defense
  • $1,510,000 Jul 20, 2021 Issue: None
  • $20,000 Jul 20, 2021 Issue: Budget/Appropriations Defense
  • $1,210,000 Apr 20, 2021 Issue: None
  • $50,000 Jan 21, 2021 Issue: None
  • $1,300,000 Jan 21, 2021 Issue: None
  • $40,000 Jan 21, 2021 Issue: DEFENSE
  • $10,000 Jan 20, 2021 Issue: None
  • $50,000 Oct 20, 2020 Issue: None
  • $430,000 Oct 20, 2020 Issue: None
  • $40,000 Oct 20, 2020 Issue: DEFENSE
  • $10,000 Oct 20, 2020 Issue: None
  • $10,000 Oct 19, 2020 Issue: DEFENSE
  • $40,000 Aug 28, 2020 Issue: DEFENSE
  • $50,000 Jul 20, 2020 Issue: None
  • $450,000 Jul 20, 2020 Issue: None
  • $40,000 Jul 20, 2020 Issue: None
  • $10,000 Jul 20, 2020 Issue: None
  • $40,000 Jul 17, 2020 Issue: Defense
  • $50,000 Apr 20, 2020 Issue: None
  • $40,000 Apr 20, 2020 Issue: Defense
  • $20,000 Apr 20, 2020 Issue: None
  • $1,000,000 Apr 17, 2020 Issue: None
  • $50,000 Apr 17, 2020 Issue: None
  • $50,000 Jan 21, 2020 Issue: None
  • $10,000 Jan 21, 2020 Issue: None
  • $10,000 Jan 20, 2020 Issue: DEFENSE
  • $1,370,000 Jan 20, 2020 Issue: None
  • $30,000 Jan 17, 2020 Issue: Defense
  • $50,000 Jan 14, 2020 Issue: None
  • $3,170,000 Oct 21, 2019 Issue: Science/Technology Budget/Appropriations Foreign Relations Defense Homeland Security Intelligence Transportation
  • $890,000 Jul 19, 2019 Issue: Budget/Appropriations Defense Aerospace
  • $930,000 Apr 22, 2019 Issue: Budget/Appropriations Aerospace Defense
  • $650,000 Jan 22, 2019 Issue: Defense Aerospace Budget/Appropriations Aviation/Airlines/Airports
  • $1,300,000 Oct 22, 2018 Issue: Budget/Appropriations Aerospace Defense Aviation/Airlines/Airports
  • $330,000 Jul 20, 2018 Issue: Aviation/Airlines/Airports Budget/Appropriations Aerospace Defense
  • $830,000 Apr 20, 2018 Issue: Budget/Appropriations Aerospace Aviation/Airlines/Airports Defense Telecommunications
  • $1,040,000 Jan 22, 2018 Issue: Aviation/Airlines/Airports Budget/Appropriations Aerospace Defense Telecommunications
  • $909,000 Oct 20, 2017 Issue: Budget/Appropriations Aerospace Aviation/Airlines/Airports Defense Telecommunications
  • $748,000 Jul 20, 2017 Issue: Aviation/Airlines/Airports Budget/Appropriations Aerospace Defense Telecommunications
  • $387,000 Apr 20, 2017 Issue: Aviation/Airlines/Airports Budget/Appropriations Telecommunications Aerospace Defense
  • $822,000 Jan 20, 2017 Issue: Aviation/Airlines/Airports Defense Aerospace Telecommunications Budget/Appropriations
  • $642,000 Oct 20, 2016 Issue: Aviation/Airlines/Airports Budget/Appropriations Telecommunications Aerospace Defense
  • $405,000 Jul 20, 2016 Issue: Aerospace Budget/Appropriations Aviation/Airlines/Airports Defense
  • $552,000 Apr 20, 2016 Issue: Aviation/Airlines/Airports Defense Aerospace Budget/Appropriations
  • $713,000 Jan 20, 2016 Issue: Aviation/Airlines/Airports Aerospace Defense Budget/Appropriations Communications/Broadcasting/Radio/TV
  • $718,000 Oct 20, 2015 Issue: Communications/Broadcasting/Radio/TV Aviation/Airlines/Airports Budget/Appropriations Aerospace Defense
  • $393,000 Jul 20, 2015 Issue: Communications/Broadcasting/Radio/TV Aviation/Airlines/Airports Budget/Appropriations Defense Aerospace
  • $180,000 Apr 20, 2015 Issue: Communications/Broadcasting/Radio/TV Aerospace Defense Budget/Appropriations Aviation/Airlines/Airports
  • $1,035,646 Jan 20, 2015 Issue: Budget/Appropriations Aerospace Defense Communications/Broadcasting/Radio/TV Foreign Relations Aviation/Airlines/Airports
  • $932,006 Oct 20, 2014 Issue: Communications/Broadcasting/Radio/TV Aviation/Airlines/Airports Budget/Appropriations Foreign Relations Aerospace Defense
  • $1,248,148 Jul 21, 2014 Issue: Budget/Appropriations Foreign Relations Aerospace Defense Aviation/Airlines/Airports Communications/Broadcasting/Radio/TV
  • $786,436 Apr 21, 2014 Issue: Budget/Appropriations Foreign Relations Aerospace Defense Aviation/Airlines/Airports Communications/Broadcasting/Radio/TV
  • $992,519 Jan 20, 2014 Issue: Communications/Broadcasting/Radio/TV Aviation/Airlines/Airports Budget/Appropriations Foreign Relations Aerospace Defense
  • $776,240 Oct 21, 2013 Issue: Aviation/Airlines/Airports Budget/Appropriations Foreign Relations Aerospace Defense Communications/Broadcasting/Radio/TV
  • $990,279 Jul 19, 2013 Issue: Communications/Broadcasting/Radio/TV Aviation/Airlines/Airports Budget/Appropriations Aerospace Defense Foreign Relations
  • $768,570 Apr 22, 2013 Issue: Aviation/Airlines/Airports Budget/Appropriations Foreign Relations Defense Communications/Broadcasting/Radio/TV Aerospace
  • $891,396 Jan 21, 2013 Issue: Communications/Broadcasting/Radio/TV Aviation/Airlines/Airports Budget/Appropriations Foreign Relations Health Issues Defense Aerospace
  • $931,051 Oct 22, 2012 Issue: Communications/Broadcasting/Radio/TV Budget/Appropriations Health Issues Aerospace Defense Aviation/Airlines/Airports Foreign Relations
  • $996,466 Jul 20, 2012 Issue: Communications/Broadcasting/Radio/TV Aviation/Airlines/Airports Budget/Appropriations Defense Foreign Relations Aerospace Health Issues
  • $1,071,625 Apr 20, 2012 Issue: Communications/Broadcasting/Radio/TV Aviation/Airlines/Airports Budget/Appropriations Foreign Relations Defense Health Issues
  • $931,829 Jan 19, 2012 Issue: Communications/Broadcasting/Radio/TV Budget/Appropriations Health Issues Aviation/Airlines/Airports Defense
  • $787,178 Oct 19, 2011 Issue: Communications/Broadcasting/Radio/TV Defense Health Issues Budget/Appropriations Aviation/Airlines/Airports
  • $811,566 Jul 19, 2011 Issue: Communications/Broadcasting/Radio/TV Aviation/Airlines/Airports Budget/Appropriations Health Issues Intelligence Defense
  • $799,894 Apr 19, 2011 Issue: Communications/Broadcasting/Radio/TV Intelligence Aviation/Airlines/Airports Budget/Appropriations Health Issues Defense
  • $1,241,163 Jan 20, 2011 Issue: Communications/Broadcasting/Radio/TV Intelligence Aviation/Airlines/Airports Budget/Appropriations Health Issues Defense Financial Institutions/Investments/Securities
  • $635,184 Oct 19, 2010 Issue: Intelligence Labor Issues/Antitrust/Workplace Defense Financial Institutions/Investments/Securities Communications/Broadcasting/Radio/TV Health Issues Budget/Appropriations Aviation/Airlines/Airports
  • $1,065,328 Jul 20, 2010 Issue: Communications/Broadcasting/Radio/TV Intelligence Health Issues Financial Institutions/Investments/Securities Defense Labor Issues/Antitrust/Workplace Budget/Appropriations Aviation/Airlines/Airports
  • $715,149 Apr 20, 2010 Issue: Aviation/Airlines/Airports Budget/Appropriations Health Issues Intelligence Defense Communications/Broadcasting/Radio/TV
  • $625,160 Jan 13, 2010 Issue: Health Issues Defense Budget/Appropriations Aviation/Airlines/Airports Labor Issues/Antitrust/Workplace Intelligence
  • $373,422 Oct 20, 2009 Issue: Intelligence Defense Health Issues Budget/Appropriations Aviation/Airlines/Airports Labor Issues/Antitrust/Workplace Communications/Broadcasting/Radio/TV
  • $915,650 Jul 20, 2009 Issue: Communications/Broadcasting/Radio/TV Intelligence Labor Issues/Antitrust/Workplace Aviation/Airlines/Airports Defense Health Issues Budget/Appropriations
  • $967,061 Apr 15, 2009 Issue: Communications/Broadcasting/Radio/TV Health Issues Budget/Appropriations Aviation/Airlines/Airports Labor Issues/Antitrust/Workplace Intelligence Defense
  • $834,901 Jan 13, 2009 Issue: Intelligence Government Issues Aviation/Airlines/Airports Budget/Appropriations Health Issues Transportation Aerospace Defense Labor Issues/Antitrust/Workplace
  • $608,110 Oct 14, 2008 Issue: Government Issues Budget/Appropriations Health Issues Transportation Defense Intelligence Labor Issues/Antitrust/Workplace Aviation/Airlines/Airports Aerospace
  • $650,821 Jul 15, 2008 Issue: Government Issues Health Issues Defense Aerospace Budget/Appropriations Transportation Labor Issues/Antitrust/Workplace Intelligence Aviation/Airlines/Airports
  • $595,290 Apr 15, 2008 Issue: Intelligence Labor Issues/Antitrust/Workplace Government Issues Aviation/Airlines/Airports Budget/Appropriations Health Issues Transportation Aerospace Defense
  • $813,603 Jan 28, 2008 Issue: Law Enforcement/Crime/Criminal Justice Labor Issues/Antitrust/Workplace Government Issues Budget/Appropriations Health Issues Telecommunications Transportation Aerospace Trade (domestic/foreign) Railroads Aviation/Airlines/Airports Intelligence Communications/Broadcasting/Radio/TV
  • $737,596 Aug 13, 2007 Issue: Law Enforcement/Crime/Criminal Justice Labor Issues/Antitrust/Workplace Budget/Appropriations Telecommunications Transportation Aerospace Railroads Trade (domestic/foreign) Communications/Broadcasting/Radio/TV Health Issues Aviation/Airlines/Airports Government Issues
  • $766,222 Aug 13, 2007 Issue: Communications/Broadcasting/Radio/TV Law Enforcement/Crime/Criminal Justice Labor Issues/Antitrust/Workplace Government Issues Aviation/Airlines/Airports Budget/Appropriations Telecommunications Aerospace Railroads Health Issues Transportation Trade (domestic/foreign)
  • $418,254 Aug 15, 2006 Issue: Trade (domestic/foreign) Railroads Aerospace Transportation Telecommunications Health Issues Budget/Appropriations Aviation/Airlines/Airports Government Issues Labor Issues/Antitrust/Workplace Law Enforcement/Crime/Criminal Justice Communications/Broadcasting/Radio/TV
  • $404,677 Feb 15, 2006 Issue: Health Issues Trade (domestic/foreign) Budget/Appropriations Aviation/Airlines/Airports Aerospace Railroads Transportation Telecommunications Government Issues Labor Issues/Antitrust/Workplace Law Enforcement/Crime/Criminal Justice Communications/Broadcasting/Radio/TV
  • $343,360 Aug 22, 2005 Issue: Communications/Broadcasting/Radio/TV Trade (domestic/foreign) Railroads Aerospace Law Enforcement/Crime/Criminal Justice Transportation Telecommunications Health Issues Budget/Appropriations Aviation/Airlines/Airports Government Issues Labor Issues/Antitrust/Workplace
  • $367,228 Feb 17, 2005 Issue: Telecommunications Aviation/Airlines/Airports Government Issues Labor Issues/Antitrust/Workplace Law Enforcement/Crime/Criminal Justice Communications/Broadcasting/Radio/TV Trade (domestic/foreign) Railroads Transportation Copyright/Patent/Trademark Health Issues Budget/Appropriations
  • $334,652 Aug 18, 2004 Issue: Transportation Telecommunications Copyright/Patent/Trademark Aerospace Government Issues Labor Issues/Antitrust/Workplace Law Enforcement/Crime/Criminal Justice Trade (domestic/foreign) Railroads Health Issues Budget/Appropriations Aviation/Airlines/Airports Communications/Broadcasting/Radio/TV
  • $357,235 Mar 03, 2004 Issue: Budget/Appropriations Aviation/Airlines/Airports Government Issues Labor Issues/Antitrust/Workplace Law Enforcement/Crime/Criminal Justice Communications/Broadcasting/Radio/TV Trade (domestic/foreign) Railroads Aerospace Transportation Telecommunications Copyright/Patent/Trademark Health Issues
  • $380,000 Aug 18, 2003 Issue: Communications/Broadcasting/Radio/TV Law Enforcement/Crime/Criminal Justice Science/Technology Labor Issues/Antitrust/Workplace Government Issues Aviation/Airlines/Airports Health Issues Copyright/Patent/Trademark Telecommunications Transportation Aerospace Trade (domestic/foreign) Railroads Budget/Appropriations
  • $275,000 Mar 04, 2003 Issue: Communications/Broadcasting/Radio/TV Law Enforcement/Crime/Criminal Justice Budget/Appropriations Trade (domestic/foreign) Railroads Aerospace Transportation Telecommunications Copyright/Patent/Trademark Health Issues Aviation/Airlines/Airports Government Issues Labor Issues/Antitrust/Workplace Science/Technology
  • $300,000 Aug 22, 2002 Issue: Law Enforcement/Crime/Criminal Justice Science/Technology Labor Issues/Antitrust/Workplace Government Issues Aviation/Airlines/Airports Defense Communications/Broadcasting/Radio/TV Trade (domestic/foreign) Railroads Aerospace Transportation Taxation/Internal Revenue Code Telecommunications Copyright/Patent/Trademark Health Issues Foreign Relations Budget/Appropriations
  • $380,000 Apr 26, 2002 Issue: Copyright/Patent/Trademark Telecommunications Health Issues Foreign Relations Budget/Appropriations Aviation/Airlines/Airports Government Issues Labor Issues/Antitrust/Workplace Science/Technology Law Enforcement/Crime/Criminal Justice Communications/Broadcasting/Radio/TV Aerospace Transportation Trade (domestic/foreign) Railroads Defense
U.S. Patents

New patents grants

  • Patent Title: Modeling waveform physical layer and channel for simulation using custom hardware Sep. 12, 2023
  • Patent Title: Low-noise highly-linear wideband vector modulators Sep. 05, 2023
  • Patent Title: Transport data structure useful for transporting information via a free space optical link Aug. 29, 2023
  • Patent Title: Clock recovery Aug. 22, 2023
  • Patent Title: Frequency hopping interference detection using decoder codeword metrics Aug. 15, 2023
  • Patent Title: Bow clamp Aug. 15, 2023
  • Patent Title: Systems and methods for synchronize word correlation Aug. 08, 2023
  • Patent Title: Synchronizing dynamic link budgets with fpga based simulation waveform state machines Jun. 20, 2023
  • Patent Title: Systems and methods for decentralized link performance Jun. 13, 2023
  • Patent Title: Radio frequency (rf) receiver that determines an interfering phase shift keying (psk) signal and associated methods May. 30, 2023
  • Patent Title: Switching power supply rectifier with voltage clamps to clamp voltage transients on output coil of transformer May. 09, 2023
  • Patent Title: Sacrificial anode optical monitory system May. 02, 2023
  • Patent Title: Proactive power and rate control algorithm for dynamic platforms in a mesh network Apr. 18, 2023
  • Patent Title: Communications system reconfigurable to different topologies and associated methods Apr. 11, 2023
  • Patent Title: Clock recovery Apr. 11, 2023
  • Patent Title: Partial update sharing in joint ldpc decoding and ancillary processors Apr. 11, 2023
  • Patent Title: Vehicle having antenna positioner adjusted for timing latency and associated methods Apr. 11, 2023
  • Patent Title: Flash and streak detection and persistent identification using bi-directional detector/display overlay Apr. 11, 2023
  • Patent Title: Systems and methods for low complexity soft data computation Apr. 04, 2023
  • Patent Title: Time-adaptive rf hybrid filter structures Mar. 28, 2023
  • Patent Title: Alignment detection by full and partial fec decoding Mar. 07, 2023
  • Patent Title: Abrupt interference mitigation Feb. 21, 2023
  • Patent Title: High volume data logging from hardware Jan. 31, 2023
  • Patent Title: Algorithm and techniques for high-resolution interference parameter estimation in low-swap environment Jan. 31, 2023
  • Patent Title: Magnet-less ring circulators for full duplex division wireless communication Jan. 31, 2023
  • Patent Title: Gateway link management between disjoint subnetworks in a cdma manet Jan. 24, 2023
  • Patent Title: Transport data structure useful for transporting information via a free space optical link using a pulsed laser Jan. 10, 2023
  • Patent Title: Excision of interference with hopped waveforms Jan. 10, 2023
  • Patent Title: Backside etch process for transparent silicon oxide technology Jan. 10, 2023
  • Patent Title: Tool-less joiner clamp Dec. 20, 2022
  • Patent Title: Secure, removable, wet pluggable data crypt for unmanned undersea vehicles Dec. 06, 2022
  • Patent Title: Submersible actuator Nov. 08, 2022
  • Patent Title: Tool-less joiner clamp Sep. 20, 2022
  • Patent Title: Watchdog key system for data security in unmanned undersea vehicles Sep. 13, 2022
  • Patent Title: Method and apparatus for frequency reconstruction of gated in-phase and quadrature data Sep. 06, 2022
  • Patent Title: N-way ring combiner/divider Sep. 06, 2022
  • Patent Title: Conscientious power and rate adaptation in a cdma manet Aug. 30, 2022
  • Patent Title: Low-insertion-loss triple throw switch Jun. 14, 2022
  • Patent Title: Data storage device Jan. 18, 2022
  • Patent Title: Magnetic drive with removable fins and weight balance for an unmanned undersea vehicle Nov. 30, 2021
  • Patent Title: High accuracy angle of arrival estimation using estimated range to target node Jul. 20, 2021
  • Patent Title: Bow clamp Jul. 20, 2021
  • Patent Title: Nightvision with integrated micro-display module Jul. 06, 2021
  • Patent Title: Opportunistic adjustable rate cross-ambiguity function geolocation Jun. 01, 2021
  • Patent Title: Robotic system with haptic cutting tool Jan. 05, 2021
  • Patent Title: Closed-loop transmission rate control Dec. 29, 2020
  • Patent Title: Scalable network overhead for contested environments Nov. 10, 2020
  • Patent Title: Power and rate control algorithm for multi-antenna communication links in a mesh network Sep. 08, 2020
  • Patent Title: Electronic gain shaper and a method for storing parameters Aug. 04, 2020
  • Patent Title: Wideband antenna system components in rotary aircraft rotors May. 05, 2020
Government Contracts

Federal grants, loans, and purchases

WallStreetBets

Number of mentions of LHX in WallStreetBets Daily Discussion

LHX News

Recent insights relating to LHX

CNBC Recommendations

Recent picks made for LHX stock on CNBC

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ETFs with the largest estimated holdings in LHX

Corporate Flights

Flights by private jets registered to LHX

Quiver LogoOur Analysis
Posted: 4 months, 2 weeks ago // May 18, 2023 12:04 p.m. UTC
The era of Hypersonic Missiles and the Stocks to Watch

The era of Hypersonic Missiles: The Stocks to Watch

In 2018, Russia made headlines when President Vladimir Putin revealed the country's hypersonic missile system, the Kh-47M2 Kinzhal. His message was clear: the era of hypersonic weapons is here. These weapons are so deadly because they're designed to outrun modern air defense systems, and this hypersonic threat has only grown in the five years since Kinzhal's debut.

As a result, The United States has been going full throttle on developing and procuring hypersonic missiles after falling behind foreign adversaries China and Russia. The US is pushing to procure several hypersonic missiles, with President Biden invoking the Defense Production Act to boost the defense industrial base to “meet the hypersonic warfighting mission" earlier this year.

With this in mind, we set out to find companies well-positioned to capture market share in this burgeoning industry of more significant defense industry. This led me to L3 Harris (NYSE: LHX) and Kratos Defense and Security Solutions, Inc. (NASDAQ: KTOS).

Last summer, the defense contractor, L3 Harris (NYSE: LHX), secured a $700 million contract (potential total value) to build the Space Development Agency's (SDA) Tranche 1 Tracking Layer satellite program. This is a critical program geared towards identifying and tracking advanced missile threats, specifically hypersonic missiles.

Additionally, Congressman Dan Goldman, a house representative from New York, has accumulated throughout this year (January and March). He sits on the House Committee for Homeland Security. Whether his appointment to the committee influenced these trades, we can’t say for sure.

Finally, L3 Harris has reported spending $960,000 in corporate lobbying, specifically FY 2024 Defense and Intelligence Authorization and Appropriations Acts, which determines the budget and expenditures of the Department of Defense and related agencies. They specifically lobbied for military satellites, electronic warfare, missile defense, ISR (Intelligence, Surveillance, Reconnaissance), electronic warfare aircraft, attack aircraft, and specific classified programs.

Between congress purchases, corporate lobbying, and government contracts, all the data points towards L3 Harris being a significant player has the race for hypersonic missiles heats up.

Kratos Defense and Security Solutions, Inc. (NASDAQ: KTOS) is the other company set to benefit from this newfound military need potentially. This is because Kratos is a member of the Leidos team that the U.S. Air Force Laboratory recently selected to develop an air-breathing hypersonic system known as Mayhem.

For context, Mayhem is a bomber that would have a few advantages over its missile-based adversaries: Mayhem will reportedly travel Mach 10 and could be refueled and used again and again, whereas Russia's Kinzhal, Zircon, and China's Dongfeng-17 which are expensive one-shots and are limited to speeds of around Mach 5.

Interestingly, despite Kratos leading the development of hypersonic missile technology, it remains a small company with a market cap of $1.8 billion, a fraction of many of the multi-billion dollar defense contractors it’s racing against.

Kratos has also been actively lobbying for FY 2024 Defense and Intelligence Authorization and Appropriations Acts, specifically mentioning hypersonic missile contracts. Given the data, Kratos is an intriguing up-and-coming defense player that we’ll be sure to watch, along with L3 Harris, as the war with Ukraine drags on.

Disclosure: The Content is for informational purposes only; you should not construe any such information as investment, financial, or other advice. I/We have no business relationship with any company whose stock is mentioned in this article.

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