L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX) Company Report

The Pentagon’s Space Development Agency awarded L3Harris $843 million of a $3.5 billion fixed-price contract to build 18 infrared missile-warning satellites under Tranche 3, with launches planned for 2029.
L3Harris’s award covers not only satellite hardware but also ground software, operations, and sustainment, aimed at countering next-generation threats such as hypersonic missiles.
Tranche 3, part of SDA’s two-year refresh cadence, will field 72 satellites (18 each from L3Harris, Lockheed Martin, Northrop Grumman, and Rocket Lab) to deliver near-continuous global coverage and fire-control-quality missile tracking.
L3Harris reported 8.5% revenue growth over three years to $21.74 billion, with a 25.65% gross margin, 10.61% operating margin, and a market cap near $54 billion, underscoring its strong market position amid elevated valuation metrics.

5 days ago

Morningstar

L3Harris demonstrates interoperable network for federal agencies

LHX

Product Launch

L3Harris hosted U.S. government officials for a first-of-its-kind demo of a software-defined, interoperable network enabling instant communications across separate federal agencies and domains.
The end-to-end system integrated T-HAWC, AN/PRC-158C software-defined data devices and 5G gateways to link public safety and tactical radios on both manned and unmanned assets.
Solutions showcased maintain multi-path connectivity even in degraded or contested environments, supporting Department of War, other agencies, disaster response and large-scale events.
The company emphasized its commercial business model can deliver these capabilities into warfighters’ hands in weeks, not years.

Dec 11, 2025, 7:00 PM

Press Release

L3Harris awarded $200M GMLRS IM propulsion production contract

LHX

New Projects/Investments

L3Harris secured a $200 million follow-on contract to manufacture Guided Multiple Launch Rocket System Insensitive Munition (GMLRS IM) propulsion units.
The order is the first processed through its new 60,000 sq ft Camden, Arkansas, facility—funded by a Defense Production Act Title III agreement—boosting annual production capacity by over 30%.
Leveraging advanced manufacturing techniques, the company has increased GMLRS output by nearly 80%, improving delivery volumes and reliability.
This represents L3Harris’s largest GMLRS IM contract from Lockheed Martin over a 12-month performance period.

Dec 10, 2025, 3:00 PM

Press Release

L3Harris awards Marotta Controls TVC system contract

LHX

New Projects/Investments

L3Harris awarded Marotta Controls a contract to design, develop, qualify, and deliver production flight actuator hardware for an advanced thrust vector control (TVC) system.
The contract supports a high-priority, medium-range ballistic missile target program for the Missile Defense Agency.
This award marks Marotta's first entry into the TVC market and its first collaboration with L3Harris beyond aerospace valve solutions.
The TVC system employs nozzle gimbaling for precise trajectory adjustments in extreme environments.

Nov 12, 2025, 1:00 PM

Press Release

L3Harris raises FY25 guidance on strong Q3 performance

LHX

Earnings

Guidance Update

Revenue Acceleration/Inflection

Delivered double-digit organic growth, 15.9% operating margins, and a Book-to-bill of 1.2 in Q3 2025, underscoring accelerating business momentum.
Increased FY 2025 guidance: $22 bn revenue target (+6% organic growth), high-15% segment operating margin, $10.50–$10.70 non-GAAP EPS, and $2.65 bn free cash flow.
Aerojet Rocketdyne backlog reached a record $8.3 bn on exceptional solid rocket motor demand, with the business growing mid-teens% in the quarter.
Segment-level guidance upgraded: CS revenue $5.7 bn (~25% margin), IMS revenue $6.5 bn (low-mid 12% margin), and Aerojet Rocketdyne revenue $2.8–$2.9 bn (mid-12% margin).

Oct 30, 2025, 2:30 PM

Transcript

L3Harris reports Q3 2025 earnings and raises guidance

LHX

Earnings

Guidance Update

New Projects/Investments

L3Harris delivered $6.6 billion in orders (book-to-bill of 1.2), $5.7 billion in revenue (+10% organic) and 15.9% segment margin; non-GAAP EPS was $2.70 and free cash flow was $450 million in Q3 2025.
The company raised its full-year 2025 outlook to $22 billion in revenue (+6% organic), non-GAAP EPS of $10.50–$10.70, and reiterated free cash flow guidance of $2.65 billion.
Aerojet Rocketdyne saw record backlog of $8.3 billion, with mid-teens organic growth and expanded production capacity for interceptors and space propulsion.
Key international award: $2.2 billion contract from South Korea for airborne early warning aircraft, underlining global demand for missionized business jets.
Continued investment in U.S. manufacturing footprint—Alabama, Arkansas, Virginia, Indiana, Florida—plus increased IRAD spending to support national defense modernization.

Oct 30, 2025, 2:30 PM

Transcript

L3Harris reports Q3 2025 results

LHX

Earnings

Guidance Update

New Projects/Investments

Delivered $6.6 billion in orders, $5.7 billion in revenue (10% organic growth), 15.9% segment operating margin, book-to-bill of 1.2, non-GAAP EPS of $2.70 (+10% YoY) and free cash flow of $450 million in Q3 2025.
Raised full-year 2025 guidance to $22 billion in revenue (6% organic growth), non-GAAP EPS of $10.50–$10.70, segment operating margin in the high 15% range and reiterated free cash flow of $2.65 billion.
Q3 segment results: CS revenue $1.5 billion (+6%, 26.1% OM), IMS revenue $1.7 billion (+17%, 12% OM), SAS revenue $1.8 billion (+7%, 12.1% OM); Aerojet Rocketdyne delivered 15% organic growth, 12.7% margin and a record backlog of $8.3 billion.
Continued investment in missile-defense capacity and digital tools, including expanding solid rocket motor and space production facilities and launching the Palantir-based “Digital Cockpit” platform for real-time program metrics.

Oct 30, 2025, 2:30 PM

Transcript

L3Harris Technologies reports Q3 2025 results and raises guidance

LHX

Earnings

Guidance Update

Reported Q3 orders of $6.7 billion with a 1.2× book-to-bill ratio.
Q3 revenue of $5.7 billion, up 7% YoY (10% organic); GAAP operating margin 11.0% and adjusted segment margin 15.9%.
Q3 diluted EPS of $2.46; non-GAAP EPS of $2.70, up 10% YoY.
Raised full-year 2025 guidance to ~$22 billion revenue and $10.50–$10.70 non-GAAP EPS.

Oct 30, 2025, 10:55 AM

8-K

L3Harris reports Q3 2025 results and raises guidance

LHX

Earnings

Guidance Update

Orders of $6.7 billion and revenue of $5.7 billion, up 7% year-over-year and 10% organically
GAAP operating margin of 11.0% and adjusted segment operating margin of 15.9%
GAAP diluted EPS of $2.46 and non-GAAP diluted EPS of $2.70, a 10% increase versus prior year
Increased full-year 2025 guidance to approximately $22 billion in revenue and $10.50–$10.70 in non-GAAP diluted EPS

Oct 30, 2025, 10:55 AM

Press Release

L3Harris selected by South Korea for AEW&C aircraft program

LHX

New Projects/Investments

L3Harris secured a $2.26 billion contract to deliver modified Bombardier Global 6500 airborne early warning and control aircraft to the Republic of Korea Air Force.
The program unites L3Harris with Bombardier, Israel Aerospace Industries’ ELTA Systems and Korean Air to integrate advanced radar, communications and sustainment solutions.
The new aircraft will fly faster, with longer endurance and higher-altitude operations, providing combat-proven radar coverage and interoperability with U.S., NATO and coalition forces.
Korean industry partners will lead the aircraft’s operation, maintenance and meet any future manufacturing requirements.

Oct 19, 2025, 11:00 PM

Press Release

Earnings Transcripts

Quarterly earnings call transcripts for L3HARRIS TECHNOLOGIES, INC. /DE/.

Q3 2025

Oct 30, 2025

→

Q2 2025

Jul 24, 2025

→

Q1 2025

Apr 24, 2025

→

View All Transcripts

Ask Fintool AI Agent

Get instant answers from SEC filings, earnings calls & more

What did Christopher E. Kubasik say about margins?What are L3HARRIS TECHNOLOGIES, INC. /DE/'s strategic priorities?How is L3HARRIS TECHNOLOGIES, INC. /DE/ positioned vs competitors?How did L3HARRIS TECHNOLOGIES, INC. /DE/ do last quarter?

L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX)

Analyst Earnings Quarterly Reports

Q3 2026

Q2 2026

Q1 2026

Q4 2025

Executives

Christopher E. Kubasik

Christoph T. Feddersen

Edward J. Zoiss

Jonathan P. Rambeau

Kenneth L. Bedingfield

Samir B. Mehta

Board Members

Christina L. Zamarro

David S. Regnery

Edward A. Rice, Jr.

Harry B. Harris, Jr.

Joanna L. Geraghty

Kirk S. Hachigian

Lewis Hay III

Rita S. Lane

Robert B. Millard

Roger B. Fradin

Sallie B. Bailey

Thomas A. Dattilo

Analyst Coverage

Myles Walton

Seth Seifman

Sheila Kahyaoglu

Douglas Harned

Richard Safran

Ronald Epstein

David Strauss

Gautam Khanna

Michael Ciarmoli

Noah Poponak

Peter Arment

Jason Gursky

Robert Stallard

Scott Mikus

Gavin Parsons

Matthew Akers

Jeremy Jason

Kenneth Herbert

Kristine Liwag

Peter Skibitski

Latest news

Earnings Transcripts

Q3 2025

Q2 2025

Q1 2025

Ask Fintool AI Agent