Operating Margin: Second quarter operating margin increased 260 bps from improved program performance, including the impact of LHX NeXt cost savings.
CS
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Second Quarter |
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Year to Date |
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2024 Guidance* |
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($ millions) |
2024 |
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2023 |
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Change |
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2024 |
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2023 |
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Change |
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Revenue |
$ |
1,346 |
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$ |
1,289 |
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4 |
% |
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$ |
2,640 |
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$ |
2,452 |
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8 |
% |
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$5,300 - 5,400 |
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Operating margin |
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24.4 |
% |
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25.2 |
% |
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(80) bps |
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24.2 |
% |
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24.1 |
% |
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10 bps |
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mid 24%* (Prior low-mid 24%) |
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