Revenue increased 10% in the third quarter from higher volume in Avionics, with growth on F-35 and other international platforms, growth in Electronic Warfare (EW) on F-16 and F/A-18 platforms and in C4ISR from the ramp of U.K. robotics and the UAE battle management system. Operating income declined $3 million as the benefit of higher volume was more than offset by increased research and development investment and program revenue mix.

Order momentum was strong in Electronic Systems with bookings in EW and Avionics of more than $500 million across multiple platforms. EW received a $184 million, 3-year contract for electronic jamming systems for U.S. Navy, Australian and Kuwaiti F/A-18 aircraft and a $28 million contract from the U.S. Special Operations Command to provide electronic warfare capabilities for rotary aircraft. In Avionics, in addition to strong orders for F-35, F/A-18 and P-8 platforms, Harris was awarded a £59 million contract supporting the U.K. Ministry of Defence and a partnering nation for Paveway weapon interface kits that advance tactical air-to-ground warfare capabilities.

Space and Intelligence Systems
($ millions)				Third Quarter														Year to Date
				FY 2018					FY 2017					Change				FY 2018					FY 2017					Change
Revenue				$	482				$	475				1	%			$	1,413				$	1,396				1	%
Operating income				$	82				$	76				8	%			$	250				$	231				8	%
Operating margin				17.0		%			16.0		%			100bps				17.7		%			16.5		%			120bps

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