Can L3Harris Redefine Defense and Space Frontiers?L3Harris Technologies stands at the crossroads of innovation and resilience, captivating investors and strategists with its bold vision. JPMorgan’s recent price target hike to $240 reflects confidence in its focus on margin expansion and cash flow, spotlighted during its investor day. Yet, this financial optimism intertwines with ambitious proposals—like doubling the EA-37B Compass Call fleet—challenging fiscal realities while addressing Indo-Pacific threats. What if a company could turn budgetary constraints into catalysts for growth? L3Harris dares to answer, blending pragmatism with a forward-leaning stance that intrigues and inspires.
On the technological front, L3Harris pushes boundaries with AI-driven autonomy and precision firepower. Its partnership with Shield AI fuses the DiSCO™ system with Hivemind software, promising real-time adaptability in electromagnetic warfare—a leap that could redefine battlefield dominance. Simultaneously, breakthroughs like long-range precision fires from VTOL platforms and rugged EO/IR systems for land missions showcase a relentless drive to equip warfighters for multi-domain challenges. Imagine a future where machines anticipate threats faster than humans can blink—L3Harris is crafting that reality, urging us to question the limits of human-machine synergy.
Beyond Earth, L3Harris powers NASA’s Artemis V with the newly assembled RS-25 engine, merging cost efficiency with cosmic ambition. This duality—mastering defense while reaching for the stars—positions the company as a paradox worth pondering. Can one entity excel in the gritty pragmatism of war and the boundless dreams of exploration? As L3Harris navigates tight budgets, evolving threats, and technological frontiers, it challenges readers to envision a world where resilience and imagination coexist, daring us to rethink what’s possible in a single corporate footprint.
LHX
Possible heading for new highsPlease note this is only an idea, invest at your own risk.
The price shows a nice and steady move up high, supported by trendlines. There are two levels of support not too far from current price, which can act as good entry points.
A more safer play can be to enter at 220, once it passes the 219 resistance. Then expect price to eventually test 230 resistance.
If can surpass 230 resistance, expect new ATH.
Happy to get feedback on my idea.
LHX long playLHX has a nice set up, ready for a swing upward. The Bollinger band is the tightest it's been for months, and other companies in this industry have been rallying nicely. I'm considering a straddle, but I honestly think LHX will be majority upside move.
Target price is $200
9/18 185 Calls
10/16 190 Calls