L3Harris Technologies Inc, founded in 2019 and headquartered in Melbourne, Florida, is a leading technology company focused on providing advanced communication and electronic systems for defense, aerospace, and commercial markets. The company specializes in a broad range of services, including satellite communication, electronic warfare, and secure networking solutions, enhancing connectivity for its clients worldwide.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
L3Harris has a robust bond issuance history, having begun in 2019 shortly after its formation from the merger of L3 Technologies and Harris Corporation. Notably, the company issued $1 billion in senior notes in November 2020, aimed at refinancing existing debt and funding strategic acquisitions. As of late 2023, L3Harris bonds yield around 3.5%, which is competitive within the defense and technology sector, reflecting the company's strong fiscal position and positive credit ratings. Investors have shown interest in the company’s bonds due to their stable yield and the potential for capital appreciation linked to ongoing defense spending trends and innovation activities.