L3Harris Technologies Reports Strong Third Quarter 2024 Results, Increases 2024 Guidance

Revenue: Third quarter revenue increased 10%, primarily driven by robust demand for our resilient communication equipment, related waveforms, and night vision devices. Growth for software defined tactical radios was especially strong across international markets, in particular from NATO countries, reflecting demand for our superior capabilities for critical battlefield communications equipment and waveforms.

Operating Margin: Third quarter operating margin increased 350 bps as a result of strong performance from higher volumes, favorable high margin international mix, proprietary waveform license sales, and LHX NeXt cost savings.

AR

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Third Quarter

 

Year to Date

 

2024 Guidance

 

 

($ millions)

 

2024

 

 

 

2023

 

 

Change

 

 

2024

 

 

 

2023

 

 

Change

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

$

      596

 

 

$

    455

 

 

31

%

 

$

   1,719

 

 

$

    455

 

 

278

%

 

$2,400 - $2,500

 

 

Operating margin

 

12.6

%

 

 

12.3

%

 

60 bps

 

 

12.9

%

 

 

12.3

%

 

60 bps

 

mid 12%

(Prior: high 11%)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16  Next Page »
Featured Video
Latest Blog Posts
Sanjay GangalGISCafe Guest
by Sanjay Gangal
Industry Predictions 2025 – Mosaic
Jobs
Lidar Data Manager for Washington State Department of Natural Resources at Olympia, Washington
Sr. GIS Apps Product Engineer for ESRI at Portland, ME, Maine
Geoprocessing Product Engineer II for ESRI at Redlands, California
Sr. GIS Apps Product Engineer for ESRI at Portland, Oregon
Mechanical Engineer 2 for Lam Research at Fremont, California
Equipment Engineer, Raxium for Google at Fremont, California
Upcoming Events
XPONENTIAL Europe 2025 at Düsseldorf Germany - Feb 18 - 20, 2025
2025 Los Angeles Geospatial Summit at USC Hotel 540 S Figueroa St Los Angeles - Feb 28, 2025
2025 GIS/Valuation Technologies Conference at United States - Mar 3 - 6, 2025
Esri Southeast User Conference at Atlanta Marriott Marquis Atlanta GA - Apr 8 - 9, 2025



© 2025 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise