L3Harris Technologies

LHX

L3Harris Technologies (L3Harris) is an American technology company, defense contractor and information technology services provider that produces C6ISR systems and products, wireless equipment, tactical radios, avionics and electronic systems, night vision equipment, and both terrestrial and spaceborne antennas for use in the government, defense, and commercial sectors. They specialize in surveillance solutions, microwave weaponry, and electronic warfare. It was formed from the merger of L3 Technologies (formerly L-3 Communications) and Harris Corporation on June 29, 2019, and is expected to be the sixth-largest defense contractor in the world.

L3Harris Technologies has been a target of short sellers for a while. The current short interest of 2.13% is roughly at the average of the last 12 months (1.50%).