Velotic vs L3Harris
Side-by-side comparison of AI visibility scores, market position, and capabilities
Launched Mar 2026 backed by TPG with $300M+ combined revenue. Combines GE Vernova's Proficy, Kepware, and ThingWorx into one independent industrial software platform. Led by ex-PTC CEO.
About
Velotic is a new industrial software company launched in March 2026 under TPG private equity backing, formed by combining three leading industrial technology platforms: Proficy (GE Vernova's manufacturing execution system), Kepware (industrial connectivity), and ThingWorx (IIoT application platform). The combined entity launches with $300 million+ in annual revenue serving global manufacturing, oil & gas, utilities, and infrastructure customers. James Heppelmann, former CEO of PTC (the industrial software company he grew from $1B to $2B+ in revenue), leads Velotic as CEO.
Melbourne FL defense electronics (NYSE: LHX) $21.3B FY2024 revenue (+8%); tactical radios, ISR, electronic warfare, JADC2 networks, Falcon radio family competing with Raytheon and Northrop Grumman.
About
L3Harris Technologies, Inc. is a Melbourne, Florida-based defense electronics and technology company — publicly traded on the New York Stock Exchange (NYSE: LHX) as an S&P 500 Industrials component — providing advanced defense electronics, intelligence, surveillance and reconnaissance (ISR) systems, communication systems, and aviation products for US and allied defense forces through approximately 47,000 employees across four segments: Integrated Mission Systems (ISR aircraft modifications, electro-optical/infrared systems, maritime patrol aircraft), Space & Airborne Systems (military satellite communications, electronic warfare, precision weapons guidance), Communication Systems (tactical radio communications, night vision devices, public safety communications), and Aerojet Rocketdyne (integrated into L3Harris via investment, pending completion). L3Harris Technologies was formed in June 2019 through the merger of L3 Technologies and Harris Corporation — combining Harris's radio communication and space systems expertise with L3's ISR sensors, aircraft modification, and training systems capabilities to create the sixth-largest US defense contractor by revenue. In fiscal year 2024, L3Harris reported revenues of $21.3 billion (+8% year-over-year), with strong growth driven by JADC2 (Joint All-Domain Command and Control) radio and network programs, F-35 avionics subsystems production, and international NATO ally military communication equipment demand. CEO Christopher Kubasik has focused on margin improvement and portfolio optimization — divesting non-core businesses (commercial aviation training — sold Pilot Training business, Link Simulation & Training to CAE) while investing R&D in the electronic warfare (EW) and space domain awareness capabilities where L3Harris holds differentiated technology advantages.
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