L3Harris Technologies — Jul 24, 2025 release

Operating Margin: Second quarter operating margin decreased 30 bps to 12.3% primarily from unfavorable mix, partially offset by monetization of legacy end-of-life assets aligned with our transformation and value creation priorities, improved program performance and LHX NeXt driven cost savings. Aerojet Rocketdyne Second Quarter Year to Date 2025 Guidance ($ millions) 2025 2024 Change 2025 2024 Change Revenue $ 698 $ 633  10% $ 1,327 $ 1,217  9% ~$2,800 Operating margin 13.3   % 12.8  % 50 bps 12.7  % 13.0  % (30) bps mid 12% Revenue: Second quarter revenue increased 10%, including the impact from the divestiture of our AOT business in the fourth quarter of 2024. Excluding the divestiture impact, organic revenue increased 12% from increased production volume across key missile and munitions programs and new program ramp. Operating Margin: Second quarter operating margin increased 50 bps to 13.3%, primarily due to improved performance driven by LHX NeXt driven cost savings and a favorable contract resolution. *Organic revenue is a non-GAAP financial measure defined on page 16 . PAGE 5 2025 NON-GAAP EPS GUIDANCE BRIDGE Our updated 2025 non-GAAP diluted EPS guidance reflects an increase of 200 to 300 basis points to the effective tax rate, resulting in a headwind of ~$0.30 at the midpoint. This impact is more than offset by strong first-half performance and increased guidance, driving a net increase of $0.10 to our full-year non-GAAP diluted EPS guidance. 2025 Guidance Non-GAAP diluted EPS (Prior) $10.30 - $10.50 H1 2025 performance and guidance update ~0.40 Non-GAAP EPS (Before tax reform impact) $10.70 - $10.90 Impact of tax refor