L3HARRIS TECHNOLOGIES INC

L3Harris Technologies Inc (ticker LHX, CUSIP 502431109) is a $40B+-class defense and aerospace contractor formed from the merger of L3 Technologies and Harris Corporation in 2019, combining sensor and communications equipment, night vision, electronic warfare, space systems, and commercial aviation electronics. Its customer base is almost entirely U.S. and allied government entities, making it unusually sensitive to Defense Authorization posture, appropriations timing, and contractor-spending constraints in Washington. Though it is classified here under the Healthcare sector label — a common misclassification of defense names in certain 13F-reporting wrappers — the narrative is defense-driven and relevant to that framing. In Q2 2026, thirteen institutions reported $21.04M in LHX holdings. MassMutual Private Wealth & Trust is the overwhelmingly dominant holder at $17.78M and 61,177 shares (84.5% of the base), having sold 2,729 shares during the quarter. The $4.28M reduction in reported value is attributable almost entirely to a substantial stock-price decline: a holder of this scale trimming by less than 5% of shares cannot produce a $4.28M value decline from trade alone if the stock moved meaningfully lower during Q2. Versant Capital Management cut 466 shares, losing $278K. Hilltop National Bank cut 215 shares, and Collective Family Office liquidated 30 shares. Eastern Bank and Trust Co of the South held flat at modest sizes. Only Roxbury Financial materially added — expanding from 134 to 489 shares (+$95K) — and Miller Global, Cedar Mountain, and Kozak Associates added token amounts.