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L3Harris Plans IPO; Analysts Urge Software Mergers

3/19/2026

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Story summary
  • L3Harris Technologies' missile business plans an IPO in H2 2026, per Ken Bedingfield at the JPMorgan Industrials Conference.
  • Regulatory requirements are progressing, supported by a $1 billion Pentagon investment.
  • Ken Wong of Oppenheimer reassures Shopify will not face financial issues despite OpenAI's retreat from commerce.
  • D.A. Davidson analysts urge software companies to pursue mergers and acquisitions amid low valuations, with Salesforce and Adobe named as potential targets.