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L3Harris sees commercial division as future growth driver
L3Harris CEO Chris Kubasik views the commercial business as a pivotal component of the company's future growth strategy. The division currently contributes about 20% of L3Harris's revenue, but Kubasik expresses optimism about increasing this share.
Kubasik emphasizes the importance of evolving business models in response to changing geopolitical and technological threats. In a recent interview with CNBC, he stated that embracing a commercial approach is essential for national preparedness.
The strategic focus on commercial expansion aligns with L3Harris’s broader technological ambitions, as demonstrated by its recent initiatives to advance satellite connectivity through the Atlas V launch. This earlier development, detailed in the company’s pursuit of cutting-edge propulsion systems, underscores the synergy between commercial innovation and L3Harris’s long-term growth objectives.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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