RTX Corporation or L3Harris Technologies, Inc.: Who Leads in Yearly Revenue?

A Tale of Two Giants: RTX vs. L3Harris

In the competitive landscape of aerospace and defense, RTX Corporation and L3Harris Technologies, Inc. have been pivotal players. Over the past decade, RTX has consistently outpaced L3Harris in annual revenue, showcasing its dominance. In 2023, RTX's revenue soared to approximately $68.9 billion, marking a 5% increase from the previous year. In contrast, L3Harris, despite its growth, reached around $19.4 billion, highlighting a significant gap between the two.

RTX's revenue trajectory has been relatively stable, with a notable peak in 2019 at $77 billion. Meanwhile, L3Harris experienced a substantial leap in 2019, nearly tripling its revenue from 2018. This growth can be attributed to strategic mergers and acquisitions, which have bolstered its market position. However, the data for 2024 is incomplete, leaving room for speculation on future trends.

As these industry titans continue to innovate, the revenue race remains a captivating narrative for investors and analysts alike.