L3Harris Technologies, Inc. (LHX)

The company now

L3Harris reported third-quarter 2026 revenue of $6.1 billion on 29 October, up 7 percent 1. Orders of $19.3 billion pushed backlog, the work under contract but not yet delivered, to a record $53.2 billion 1. Diluted earnings per share were $3.28, up 33 percent 1.

Two seven-year contracts drove the orders 1. One is $6.3 billion to scale propulsion production for the THAAD missile defense system, and the other is $4.7 billion for the PAC-3 MSE interceptor 1. Both are undefinitized, a type of award whose final terms are settled later 1.

The company raised its full-year earnings guidance to $12.25 to $12.35 a share from $11.80 to $12.00, and kept its free cash flow guidance at $3 billion 1.

Sam Mehta became chief executive on 17 August, when the board said Christopher Kubasik had stepped down 4. The board said it learned of conduct by Kubasik that did not fit the company's code of conduct and was unrelated to financial reporting 4.

The open question is the planned public offering of the Missile Solutions business, which the company said in April it intended to pursue in the second half of 2026, pending market conditions 6. The Department of War's $1 billion preferred investment in that business converts to shares if a qualifying offering happens by 31 December 2027 2.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.