L3Harris Technologies, Inc.'s Stock Analysis

L3Harris Technologies Annual Meeting Voting Results Summary

On May 11, 2026, L3Harris Technologies held its Annual Meeting of Shareholders, with approximately 92.2% of the 186,785,895 shares represented. Shareholders elected all eleven nominees to the Board of Directors for a one-year term expiring at the 2027 Annual Meeting.

In addition, shareholders approved the compensation of named executive officers in an advisory vote and ratified Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending January 1, 2027. However, a shareholder proposal to improve the ability to call for a special shareholder meeting was rejected.

May 12, 2026 17:06:45

L3Harris Technologies 2026 Annual Meeting Voting Results Summary

L3Harris Technologies held its 2026 Annual Meeting of Shareholders on May 11, 2026, with approximately 92.2% of the 186,785,895 shares entitled to vote represented. Shareholders elected all eleven nominees to the Board of Directors for a one-year term, approved the compensation of named executive officers in an advisory vote, and ratified Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending January 1, 2027.

Additionally, shareholders rejected a proposal aimed at improving the ability to call for a special shareholder meeting. The results indicate a strong support for the current leadership and governance structure, which may influence investor confidence and perceptions of the company's management effectiveness.

May 12, 2026 17:06:45

L3Harris Technologies Reports First Quarter 2026 Financial Results

L3Harris Technologies announced its first quarter 2026 financial results, reporting orders of $7.8 billion and a book-to-bill ratio of 1.4, which increased its backlog to a record $40.7 billion. The company achieved revenue of $5.7 billion, reflecting a 12% increase, along with a 33% rise in GAAP diluted earnings per share (EPS) to $2.72. The operating margin improved to 11.4%, driven by higher operating income and reduced corporate costs.

The revenue growth was attributed to increased activity across all segments, particularly in Space & Mission Systems and Missile Solutions. Segment operating income rose by 16%, and the operating margin for the segments showed positive trends. However, the company reported a cash flow used in operations of $95 million, influenced by cash timing and higher disbursements. Capital expenditures were approximately $99 million, contributing to a negative free cash flow of $187 million for the quarter.

Apr 30, 2026 06:56:47

L3Harris Secures $1 Billion Investment for Missile Solutions Expansion

L3Harris Technologies has finalized a $1 billion strategic investment from the United States Department of War, aimed at enhancing its Missile Solutions business. This investment will support the expansion and modernization of facilities, accelerate research and development, and increase production capacity for critical national security technologies. The investment is structured as a convertible preferred security, which will convert into common equity upon an initial public offering (IPO) of the Missile Solutions business.

The Department of War will also receive warrants to purchase common stock in the Missile Solutions unit. L3Harris plans to pursue an IPO for this segment in the second half of 2026, depending on market conditions. The investment is expected to facilitate the development of various missile programs and enhance the defense industrial base. L3Harris will maintain a majority ownership of the Missile Solutions business, consolidating its financial results.

Apr 23, 2026 06:03:37

L3Harris Technologies Appoints New President for Key Segments

L3Harris Technologies has appointed Sam Mehta as President of the Space & Mission Systems and Communications & Spectrum Dominance segments, effective March 16, 2026. Mehta, who has been with the company since January 2026, previously led the Communication Systems segment and has extensive experience in the aerospace and defense industry. The company will continue to report financial results for its three segments separately.

In conjunction with this appointment, L3Harris' Compensation Committee has approved an increase in Mehta's compensation, raising his annual base salary to $990,000 and granting him $1,000,000 in restricted stock units. This change follows the departure of Jonathan Rambeau, the former President of the Communications & Spectrum Dominance segment, who will leave the company to pursue other opportunities. The leadership changes are aimed at enhancing operational performance and customer mission focus.

Mar 12, 2026 08:32:27

L3Harris Appoints New CFO Amid Leadership Changes

L3Harris Technologies has appointed Kenneth Sharp as Senior Vice President and Chief Financial Officer, effective March 16, 2026. Sharp succeeds Kenneth Bedingfield, who will now lead the Missile Solutions segment. Sharp brings over 30 years of financial leadership experience, having previously served as CFO at Peraton, DXC Technology, and Northrop Grumman's Defense Systems. His appointment is part of a strategic shift within the company to enhance its financial operations and support growth initiatives.

Sharp's compensation package includes an annual base salary of $875,000, eligibility for an annual cash incentive, and a one-time grant of restricted stock units valued at $3.5 million. He will also receive a $1 million cash sign-on bonus and relocation benefits. Bedingfield's focus on Missile Solutions will involve scaling solid rocket motor manufacturing and preparing for its initial public offering later this year. These leadership changes may influence L3Harris' operational focus and financial strategies moving forward.

Mar 02, 2026 17:01:09

L3Harris CEO Establishes Stock Sale Plan Under SEC Rule

On February 4, 2026, Christopher Kubasik, the Chairman and CEO of L3Harris Technologies, adopted a pre-arranged stock sale plan in accordance with SEC Rule 10b5-1. This plan, which was established during the company's open trading window, includes the sale of vested options to purchase up to 129,501 shares granted in 2019 and 60,000 shares of common stock, with sales scheduled to begin in May 2026 and conclude by October 30, 2026, subject to specific price thresholds.

Mr. Kubasik will not have discretion over the sales made under this plan, and his ownership interest in the company exceeds the established stock ownership guidelines. Any transactions related to this plan will be disclosed publicly through the appropriate SEC filings. The company does not plan to disclose similar plans adopted by other officers or directors, nor will it report modifications or terminations of such plans unless required in periodic filings.

Feb 06, 2026 16:31:55

L3Harris Technologies Reports Fourth Quarter and Full Year Results

L3Harris Technologies announced its financial results for the fourth quarter and full year 2025, highlighting total orders of $27.5 billion and a book-to-bill ratio of 1.3x. The company reported full-year revenue of $21.9 billion, reflecting a 3% increase, with cash from operations rising 21% to $3.1 billion. The diluted earnings per share (EPS) increased to $8.53 for the year, with a notable rise in adjusted free cash flow, which also grew by 21% to $2.8 billion.

In the fourth quarter, L3Harris generated revenue of $5.6 billion, marking a 2% increase year-over-year. The operating margin for the quarter was reported at 7.0%, while the adjusted segment operating margin stood at 15.7%. The company indicated that its portfolio aligns with key defense priorities, contributing to strong demand and record orders. Additionally, L3Harris is reorganizing its business structure into three segments starting in 2026, which may impact future reporting and performance.

Jan 29, 2026 06:57:40

L3Harris Technologies Restructures Business Segments to Three

L3Harris Technologies has announced a reorganization of its business structure, reducing its segments from four to three. The new segments are Space & Mission Systems, Communications & Spectrum Dominance, and Missile Solutions, each led by designated leaders. This change aims to align the company’s portfolio with future defense needs and enhance operational efficiency.

In conjunction with the reorganization, Edward Zoiss has been appointed Vice President of Engineering & Innovation, while Ken Bedingfield continues as Senior Vice President and Chief Financial Officer. The company plans to provide further details regarding the financial implications of this restructuring during its upcoming earnings call on January 29.

Jan 05, 2026 17:14:37

L3Harris Technologies Reports Third Quarter Financial Results

L3Harris Technologies announced its third quarter financial results for 2025, reporting orders of $6.7 billion and revenue of $5.7 billion, reflecting a 7% increase compared to the previous year, with organic growth at 10%. The company achieved an operating margin of 11.0% and a diluted earnings per share (EPS) of $2.46, which is up 17% from last year. Following this performance, L3Harris has raised its guidance for 2025, citing a strong performance and increasing demand in key areas such as space and munitions.

The financial results showed growth across all segments, driven by higher volumes and increased international deliveries. Notably, the Communication Systems segment saw a 6% increase in revenue, while the Aerojet Rocketdyne segment experienced a 13% rise. However, cash flow from operations decreased by 30% to $546 million due to temporary delays in customer payments. The company remains optimistic about meeting its cash flow guidance for 2025, contingent on the resolution of the ongoing government shutdown.

Oct 30, 2025 06:55:22