L3Harris Technologies — Jul 29, 2026 release
Fiscal 2027 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000202058-26-000054
Showing in the filing
Missile Solutions Operating margin
“low 12%”
Period
FY2026
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 13
Revenue for FY2026
“$23.2B - $23.7B (Prior: $23B - $23.5B)”
Segment operating margin for FY2026
“low 16%”
Diluted EPS for FY2026
“$11.80 - $12.00 (Prior: $11.40 - $11.60)”
Cash from operations for FY2026
“$3.6B”
Free cash flow for FY2026
“$3.0B”
Net cash provided by operating activities for FY2026
“approximately $3.6 billion”
Capital expenditures for FY2026
“approximately $600 million”
Space & Mission Systems Revenue for FY2026
“~$11,700 (Prior: ~$11,500)”
Space & Mission Systems Operating margin for FY2026
“mid 10%”
Communications & Spectrum Dominance Revenue for FY2026
“~$8,000”
Communications & Spectrum Dominance Operatin… for FY2026
“mid 25% (Prior: ~25%)”
Missile Solutions Revenue for FY2026
“~$4,100”
Missile Solutions Operating margin for FY2026
“low 12%”
Exhibit 99.1 · the passage around this item
… earlier in the release
Missile Solutions Second Quarter Year to Date 2026 Guidance ($ millions) 2026 2025 Change 2026 2025 Change Revenue $ 1,054 $ 925 14% $ 2,044 $ 1,765 16% ~$4,100 Operating margin 12.3 % 12.5 % (20) bps 12.4 % 12.0 % 40 bps low 12% Revenue: Second quarter revenue increased 14%, primarily driven by higher revenue of $85 million in Propulsion Systems as growth from increased production and development volumes on key missile and munitions programs was partially offset by lower growth in our space propulsion business. Revenue also increased by $44 million in Advanced Effects from higher volumes and program ramps. Operating Margin: Second quarter operating margin decreased 20 bps to 12.3%, driven by the absence of a favorable contract resolution during second quarter 2025. PAGE 4 Forward-Looking Statements This earnings release contains forward-looking statements within the meaning of federal securities laws made in reliance on the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Examples include, but are not limited to: planned investments and capacity expansion; our pipeline and backlog expansion; 2026 guidance; the impact of recent and expected contract awards; the 2028 financial framework; divestiture and subsidiary offering timing; the impact of the global security environment; projections of other financial items; and assumptions underlying any of the foregoing. Investors shou
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.