L3Harris Technologies — Oct 30, 2025 release
Fiscal 2026 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000202058-25-000169
Showing in the filing
Space and Airborne Systems Revenue
“~$7,100”
Period
FY2025
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 17
Revenue for FY2025
“~$22B (Prior: ~$21.75B)”
Adjusted segment operating margin for FY2025
“high 15% (Prior: mid - high 15%)”
Non-GAAP diluted EPS for FY2025
“$10.50 - $10.70 (Prior: $10.40 - $10.60)”
Adjusted free cash flow for FY2025
“~$2.65B”
Communication Systems Revenue for FY2025
“~$5,700 (Prior: $5,600 - $5,700)”
Communication Systems Operating margin for FY2025
“~25%”
Integrated Mission Systems Revenue for FY2025
“~$6,500 (Prior: ~$6,400)”
Integrated Mission Systems Operating margin for FY2025
“low - mid 12% (Prior: ~12%)”
Space and Airborne Systems Revenue for FY2025
“~$7,100”
Space and Airborne Systems Operating margin for FY2025
“low 12%”
Aerojet Rocketdyne Revenue for FY2025
“$2,800 - $2,900 (Prior: ~$2,800)”
Aerojet Rocketdyne Operating margin for FY2025
“mid 12%”
FAS/CAS operating adjustment for FY2025
“~$15 million”
Non-service FAS pension income for FY2025
“~$285 million”
Net interest expense for FY2025
“~$600 million”
Effective tax rate on non-GAAP income for FY2025
“13.5% - 14.5%”
Capital expenditures for FY2025
“~2% revenue”
Exhibit 99.1 · the passage around this item
… earlier in the release
*Organic revenue is a non-GAAP financial measure defined on page 16 . PAGE 4 Space and Airborne Systems Third Quarter Year to Date 2025 Guidance ($ millions) 2025 2024 Change 2025 2024 Change Revenue $ 1,809 $ 1,683 7% $ 5,207 $ 5,141 1% ~$7,100 Operating margin 12.1 % 11.6 % 50 bps 11.8 % 12.2 % (40) bps low 12% Revenue: Third quarter revenue increased 7%, primarily from increased FAA volume in our Mission Networks business and higher volume in our Airborne Combat Systems business, partially offset by lower classified program volume in our Intel and Cyber business. Operating Margin: Third quarter operating margin increased 50 bps to 12.1%, primarily due to improved program performance on classified development programs in our Space Systems business, monetization of legacy end-of-life assets aligned with our transformation and value creation priorities, and LHX NeXt driven cost savings, partially offset by unfavorable mix. Aerojet Rocketdyne Third Quarter Year to Date 2025 Guidance ($ millions) 2025 2024 Change 2025 2024 Change Revenue $ 755 $ 669 13% $ 2,082 $ 1,886 10% $2,800 - $2,900 (Prior: ~$2,800) Operating margin 12.7 % 11.4 % 130 bps 12.7 % 12.4 % 30 bps mid 12% Revenue: Third quarter revenue increased 13%. Excluding the impact of the divestiture of our AOT business, organic revenue increased 15% from increased production volumes across key missile, munitions, and space programs, as well as new program ramps.
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.