L3Harris Technologies — Apr 30, 2026 release

PAGE 1 SUMMARY FINANCIAL RESULTS* First Quarter 2026 Guidance ($ millions, except per share data) 2026 2025 Revenue Space & Mission Systems $ 2,990 $ 2,411 Communication & Spectrum Dominance 1,855 1,809 Missile Solutions 990 840 Intersegment (91) (74) Segment revenue 5,744 4,986 Other 1 — 146 Revenue $ 5,744 $ 5,132 $23B - $23.5B Operating income Space & Mission Systems $ 313 $ 238 Communication & Spectrum Dominance 465 443 Missile Solutions 124 96 Segment operating income 902 777 Unallocated corporate items and other, net 1 (see Table 4) (250) (252) Operating income $ 652 $ 525 Operating margin 11.4 % 10.2 % Segment operating margin 15.7 % 15.6 % low 16% Tax rate Effective tax rate 13.1 % 15.9 % GAAP EPS Diluted EPS $ 2.72 $ 2.04 $11.40 - $11.60 (Prior: $11.30 - $11.50) Diluted weighted-average common shares outstanding 188.1 189.1 Cash flow Cash used in operations $ (95) $ (42) Free cash flow 2 $ (187) $ (101) $3.0B 1 Includes other non-reportable businesses, which is the divested Commercial Aviation Solutions business ("CAS disposal group"). 2 Free cash flow is a non-GAAP Financial Measure defined and reconciled to GAAP in Table 6 . Net cash provided by operating activities is anticipated to be approximately $3.6 billion and capital expenditures are anticipated to be approximately $600M. * Organic revenue is a non-GAAP Financial Measure defined and reconciled to GAAP in Table 5 . PAGE 2 Revenue: Increased $612 million, up 12%, and 15% organically, driven by growth across all segments reflecting new program ramps and increased international volume. Operating Income: Increased $127 million, up 24%. Operating margin was 11.4%, up 120 bps. The improvement in operating income was primarily driven by a $125 million increase in segment operating income due to strong growth in the quarter and a decline in unallocated corporate items and other, net costs. Segment Operating Income: Increased $125 million, up 16%. Segment operating margin was 15.7%, up 10