Mission Statement, Vision, & Core Values of L3Harris Technologies, Inc. (LHX)

Are you curious about what drives a leading aerospace and defense technology innovator? With a $34 billion record backlog in 2024 and $21.3 billion in revenue, understanding the core principles that guide strategic decisions and daily operations is essential.

Let's delve into the mission statement, vision, and core values that define its purpose, aspirations, and ethical standards. What are the guiding principles that shape its culture and commitment to customers?

Discover how L3Harris Technologies integrates integrity, innovation, and excellence to deliver world-class systems and drive cost savings, providing customers with advanced, integrated mission solutions.

L3Harris Technologies, Inc. (LHX) An Overview of

L3Harris Technologies is a global aerospace and defense technology innovator. Formed in 2019 from the merger of L3 Technologies and Harris Corporation, the company delivers end-to-end solutions that meet customers’ critical missions. With a presence in over 100 countries and approximately 50,000 employees, L3Harris provides advanced defense and commercial technologies across air, land, sea, space, and cyber domains. As of April 2025, L3Harris continues to evolve, focusing on innovation and strategic growth to maintain its competitive edge in the aerospace and defense industry. More details about the company's background can be found here: L3Harris Technologies, Inc. (LHX): History, Ownership, Mission, How It Works & Makes Money

L3Harris Technologies offers a wide array of products, services, and solutions, including:

• Communication Systems: Secure communications, tactical radios, and networking solutions.
• Electronic Systems: Electronic warfare systems, surveillance solutions, and navigation systems.
• Space and Airborne Systems: Space payloads, sensors, and mission solutions, as well as airborne ISR (Intelligence, Surveillance, and Reconnaissance) systems.
• Integrated Mission Systems: Complete mission solutions, including command and control systems, and simulation and training.

L3Harris Technologies reported strong financial results in its latest reporting period. The company recorded a revenue of $20.27 billion for the fiscal year 2024. The Space and Airborne Systems segment, in particular, saw significant growth, driven by increased demand for its advanced sensing and mission solutions. L3Harris is focused on strategic alignment and continuous innovation, which has enabled it to achieve these financial milestones. The company's ability to adapt to changing market dynamics and invest in high-growth areas has been crucial to its success.

L3Harris Technologies stands as a prominent leader in the aerospace and defense industry. Its success is rooted in its ability to deliver innovative and reliable solutions to meet the evolving needs of its customers. To understand more about what makes L3Harris a leader, keep reading.

L3Harris Technologies, Inc. (LHX) Mission Statement

The mission statement of L3Harris Technologies is 'To deliver innovative, mission-critical solutions that connect, inform and protect the world.'

This mission statement serves as a guiding principle for the company, shaping its strategic objectives and operational decisions. It highlights the company's focus on innovation, the critical nature of its solutions, and its commitment to global connectivity, information dissemination, and security. The mission statement comprises three core components:

• Innovation
• Mission-Critical Solutions
• Global Impact

Each of these components plays a vital role in defining L3Harris's purpose and strategic direction.

Innovation

L3Harris Technologies places a strong emphasis on innovation as a driver of its mission. This commitment is reflected in its substantial investment in research and development. In the fiscal year 2024, the company allocated $949 million to company-funded research and development, demonstrating its dedication to pioneering new technologies and solutions. This investment supports a wide range of initiatives, including:

• Developing advanced communication systems
• Creating cutting-edge electronic warfare technologies
• Improving ISR (Intelligence, Surveillance, and Reconnaissance) capabilities

These innovations are crucial for maintaining a competitive edge and meeting the evolving needs of its customers. As of 2024, L3Harris holds over 6,700 active and pending patents and inventions, underscoring its position as a leader in technological advancement. The company's focus on innovation is not limited to technology alone; it also fosters a culture of creative problem-solving and continuous improvement across all its business segments.

Mission-Critical Solutions

The second core component of L3Harris's mission statement is its dedication to providing mission-critical solutions. These solutions are designed to address the most pressing challenges faced by its customers in the defense, intelligence, and commercial sectors. Mission-critical solutions are those that are essential for the success of a mission or operation, where failure could have significant consequences. In 2024, L3Harris secured several key contracts that highlight its role in delivering these vital solutions. For instance, the company was awarded a $380 million contract to provide advanced communication systems for the U.S. military, ensuring secure and reliable communication capabilities in the field. Additionally, L3Harris received a $250 million contract to enhance ISR capabilities for a key intelligence agency, providing critical data and insights for national security. These contracts exemplify the company's commitment to delivering solutions that are integral to the success of its customers' missions.

Global Impact

L3Harris Technologies' mission extends beyond national borders, with a focus on delivering solutions that have a global impact. The company operates in over 100 countries, serving a diverse range of customers, including:

• Government agencies
• Defense organizations
• Commercial enterprises

This global presence allows L3Harris to address some of the world's most pressing challenges, such as:

• Enhancing global connectivity
• Improving disaster response capabilities
• Protecting critical infrastructure

In 2024, L3Harris expanded its international partnerships and collaborations, strengthening its ability to deliver solutions on a global scale. For example, the company partnered with a leading European aerospace company to develop advanced satellite communication technologies, enhancing connectivity for remote and underserved regions. This collaboration is part of L3Harris's broader strategy to leverage its expertise and resources to address global challenges and create a more connected, informed, and secure world. For more insights into the financial aspects, check out Breaking Down L3Harris Technologies, Inc. (LHX) Financial Health: Key Insights for Investors.

L3Harris Technologies, Inc. (LHX) Vision Statement of

A vision statement serves as a roadmap, outlining the aspirations of a company and guiding its strategic decisions. For L3Harris Technologies, understanding their vision provides insight into their long-term goals and how they aim to shape the future. As of April 2025, L3Harris is a global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs. Their commitment to innovation, performance, and partnership defines their approach to the market. For a broader understanding of the company, you might find this resource helpful: L3Harris Technologies, Inc. (LHX): History, Ownership, Mission, How It Works & Makes Money.

L3Harris emphasizes innovation as a cornerstone of its vision. This involves not only developing new technologies but also integrating existing capabilities in novel ways to address complex challenges. The company's focus on innovation is evident in its substantial investment in research and development. In fiscal year 2024, L3Harris allocated a significant portion of its revenue to R&D, fostering a culture of continuous improvement and technological advancement. This commitment is reflected in their portfolio of advanced solutions, ranging from space-based sensors to electronic warfare systems.

• Development of next-generation communication systems
• Advancements in electronic warfare capabilities
• Creation of cutting-edge solutions for space exploration

A key element of L3Harris's vision is a relentless focus on performance. This encompasses not only the technical performance of their products but also their operational efficiency and financial results. The company strives to exceed customer expectations by delivering solutions that are reliable, effective, and affordable. Their dedication to performance is underpinned by a commitment to quality, safety, and ethical conduct. In 2024, L3Harris demonstrated its performance focus by achieving strong financial results, including revenue of $20.27 billion and adjusted EPS of $13.44, reflecting their ability to execute on strategic priorities and deliver value to shareholders.

L3Harris recognizes that collaboration is essential for success in today's complex and rapidly evolving environment. The company actively seeks to build strong partnerships with customers, suppliers, and other stakeholders to achieve shared goals. Their partnership approach is characterized by transparency, trust, and mutual respect. L3Harris works closely with its partners to understand their needs, develop tailored solutions, and deliver exceptional service. This collaborative spirit extends to their relationships with government agencies, research institutions, and industry peers. For example, L3Harris partners with the U.S. Space Force to modernize the nation’s space infrastructure and ensure continued technological superiority in space.

L3Harris Technologies, Inc. (LHX) Core Values of

At L3Harris Technologies, Inc., a commitment to core values underpins every aspect of its operations. These values guide the company's actions, decisions, and interactions with employees, customers, and stakeholders. While specific details of core values can evolve and may not always be explicitly detailed in publicly available documents, L3Harris emphasizes integrity, excellence, and innovation. For a deeper dive into the company's background, explore: L3Harris Technologies, Inc. (LHX): History, Ownership, Mission, How It Works & Makes Money

Integrity

Integrity is paramount at L3Harris. This means conducting business ethically, honestly, and transparently. L3Harris expects its employees to adhere to the highest standards of conduct in all their dealings. Integrity extends to compliance with laws and regulations, protecting sensitive information, and avoiding conflicts of interest.

Excellence

L3Harris strives for excellence in all that it does. This includes delivering high-quality products and services, exceeding customer expectations, and continuously improving its processes. The company invests in research and development to stay at the forefront of technological advancements. Excellence also encompasses attracting, developing, and retaining top talent.

Innovation

Innovation is a driving force at L3Harris. The company fosters a culture of creativity and encourages employees to develop new ideas and solutions. L3Harris invests heavily in research and development, spending $2.13 billion in 2024, to maintain its competitive edge and address the evolving needs of its customers. Innovation is essential for developing cutting-edge technologies and maintaining a leadership position in the aerospace and defense industry. L3Harris's commitment to innovation is evident in its numerous patents and its track record of developing groundbreaking technologies. For example, in 2024, L3Harris secured several patents related to advanced communication systems and electronic warfare technologies. These innovations are crucial for maintaining a competitive edge and delivering superior solutions to customers.

These core values are integral to L3Harris's identity and guide its commitment to customers, shareholders, and the communities it serves. While specific examples and initiatives may vary, the underlying principles of integrity, excellence, and innovation remain constant.