Artisan Global Opportunities Fund noted in its Q2 2026 investor letter that L3Harris Technologies (LHX) recently exceeded expectations with 15% organic growth and a backlog of $41 billion, driven by accelerating international demand. However, the company's shares declined amid concerns over future competition and potential implications for long-term market share. The fund has started harvesting its position in LHX, reallocating capital within the industrials sector. As of September 1, LHX closed at $263.56 per share.