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L3Harris Technologies — Jul 29, 2026 release

Fiscal 2027 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000202058-26-000054
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Showing in the filing
Space & Mission Systems Operating margin
“mid 10%”
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
“~$4,100”
Missile Solutions Operating margin for FY2026
“low 12%”
Exhibit 99.1 · the passage around this item
… earlier in the release
PAGE 3 SEGMENT RESULTS Space & Mission Systems Second Quarter Year to Date 2026 Guidance ($ millions) 2026 2025 Change 2026 2025 Change Revenue $ 2,966 $ 2,770 7% $ 5,956 $ 5,181 15% ~$11,700 (Prior: ~$11,500) Operating margin 9.8 % 10.4 % (60) bps 10.1 % 10.2 % (10) bps mid 10% Revenue: Second quarter revenue increased 7%, primarily due to higher revenues of $81 million in ISR from higher volumes on missionized aircraft programs, $76 million in Space Systems from higher volumes on classified space programs, $40 million in Mission Networks from higher FAA volume and $34 million in Airborne Solutions from higher F-35 volumes, partially offset by lower revenue in Intel and Cyber from lower classified program volume. Operating Margin: Second quarter operating margin decreased 60 bps to 9.8% driven by the absence of a $75 million gain recognized in connection with the sale of assets from a product line in second quarter 2025, partially offset by improved program performance and a $23 million net gain in segment investment income. Communications & Spectrum Dominance Second Quarter Year to Date 2026 Guidance ($ millions) 2026 2025 Change 2026 2025 Change Revenue $ 1,943 $ 1,861 4% $ 3,798 $ 3,670 3% ~$8,000 Operating margin 26.9 % 24.6 % 230 bps 26.0 % 24.6 % 140 bps mid 25% (Prior: ~25%) Revenue: Second quarter revenue increased 4%, primarily driven by higher revenue of $70 million in Mission Critical Communications associated with increased international deli
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.