L3Harris Technologies wins German Falcon contracts, shares trade below recent high

By Thomas Klein, Operations & Strategy desk. Reviewed prior to publication on 2026-06-25, 16:03.

L3Harris Technologies (US5024311095) has announced two new contracts to supply its Falcon communication systems to the German armed forces. The NYSE-listed defense group sees the deals as part of Germany’s push to modernize land-based operations, according to a MarketWatch report.MarketWatch coverage of the Falcon contracts

Details of the German Falcon orders

MarketWatch reports that L3Harris will deliver Falcon communication systems to the Bundeswehr under two separate contracts, with deliveries expected to be completed within this year.MarketWatch coverage of the Falcon contracts The systems are intended to support Germany’s modernization of land-based operations and enhance capabilities of special forces units.

The company did not disclose the financial size of the orders, but highlighted that the contracts extend a long-standing relationship with the German military.MarketWatch coverage of the Falcon contracts Germany has stepped up defense procurement since 2022, benefiting suppliers such as L3Harris and peers like Thales and Rheinmetall in the broader NATO equipment cycle.

Upcoming earnings and analyst expectations

According to MarketBeat, L3Harris is scheduled to report its next quarterly figures on July 23 before the U.S. market opens.MarketBeat earnings overview for LHX Consensus expectations compiled there point to earnings per share of around 2.53 dollars for the upcoming quarter, after the company delivered 2.72 dollars in EPS in late April, beating that earlier estimate by 0.19 dollars.

The same source shows that L3Harris generated higher-than-expected revenue in the April quarter, while the average one-year analyst price target stands materially above the current share price.MarketBeat earnings overview for LHX A separate Simply Wall St analysis cites a central fair value estimate of roughly 381.95 dollars per share versus a recent close near 287 dollars, framing the stock as trading at a discount to that model-based valuation.Simply Wall St valuation commentary on L3Harris

How L3Harris earns its money

L3Harris Technologies generates most of its revenue from defense and aerospace systems, with a portfolio spanning communications, avionics, sensors and integrated mission solutions. A flagship line is its Falcon family of tactical radios, which are used by U.S. and allied forces for secure voice and data communications on the battlefield.L3Harris product information on Falcon radios Beyond communications, the company supplies space payloads, surveillance systems and electronic warfare solutions to government and commercial customers worldwide.

Where the L3Harris stock trades today

As of the close on 2026-06-24 at 15:59 Eastern, L3Harris Technologies shares (US5024311095) traded on the NYSE at 287.43 US dollars, with an after-hours indication of 289.90 dollars at 08:50 Eastern on the following session.MarketBeat quote data for LHX

Disclaimer: This article is for informational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any securities. All data and estimates are based on publicly available sources believed to be reliable but cannot be guaranteed. Investors should conduct their own research or consult a qualified financial advisor before making investment decisions.