UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 27, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to ______________ Commission File Number 1-3863 L3HARRIS TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) (State or ot ...

L3harris Technologies (LHX) Q2 2025 Earnings Call July 24, 2025 10:30 AM ET Company ParticipantsDaniel Gittsovich - VP - Investor Relations, Strategy & Corporate DevelopmentChristopher Kubasik - Chairman & CEOKenneth Bedingfield - SVP, CFO & President - Aerojet RocketdyneRonald Epstein - MD - Aerospace & DefenseDavid Strauss - MD, Equity Research - Aerospace & DefenseMyles Walton - Managing DirectorDouglas Harned - Managing DirectorRobert Stallard - Partner - Global Aerospace & DefenseSheila Kahyaoglu - Aer ...

L3harris Technologies (LHX) Q2 2025 Earnings Call July 24, 2025 10:30 AM ET Speaker0Greetings. Welcome to the L3Harris Technologies Second Quarter twenty twenty five Earnings Conference Call. At this time, participants are in a listen only mode. A brief question and answer session will follow the formal presentation. As a reminder, this call is being recorded.It is now my pleasure to introduce your host, Dan Getzovich, Vice President, Investor Relations. Please go ahead.Speaker1Thank you, Sylvie. Good morni ...

SECOND QUARTER 2025 EARNINGS PRESENTATION Orders of $8B driving record backlog; book-to-bill ratio of 1.5x, the highest since the merger Organic growth up 6% and revenue guidance increase driving meaningful progress towards our 2026 Financial Framework; AR Missile Solutions up 15% organically Segment operating margin of 15.9%; seventh consecutive quarter of margin expansion Non-GAAP EPS growth of 16%; 22% on a pension-adjusted basis L3HARRIS 2025 Second Quarter Earnings Presentation 2 JULY 24, 2025 2Q25 QUA ...

Exhibit 99.1 MELBOURNE, Fla., July 24, 2025 — L3Harris Technologies (NYSE: LHX) reported second quarter 2025 diluted EPS of $2.44 on second quarter 2025 revenue of $5.4 billion. Second quarter 2025 non-GAAP diluted EPS was $2.78. Reconciliations of non-GAAP results are detailed in tables beginning on page 11. "We delivered impressive second-quarter results, led by a record book-to-bill of 1.5x, solid organic growth, and year-over- year adjusted segment operating margin expansion for the seventh consecutive ...

Key Takeaways LHX's IMS unit revenue is expected to fall 8.5% YoY, dragging on overall Q2 results. Three other segments-AR, SAS, and Communication Systems-are forecasted to post revenue growth. Earnings are projected to drop 23.5% YoY despite a slight 0.1% rise in total sales.L3Harris Technologies, Inc. (LHX) is slated to report second-quarter 2025 results on July 24, 2025, before market open.It has a trailing four-quarter average earnings surprise of 2.27%. The strong top-line performance across three of ...

Core Insights - L3Harris Technologies plans to build over 20 new manufacturing facilities in Calhoun County, Arkansas, to produce large solid rocket motors, creating 50 new jobs over two years [1][3][4] - The investment is part of a broader strategy to strengthen the domestic solid rocket motor industrial base, essential for national missile and strategic defense [2][4] - L3Harris is investing nearly $500 million across its production sites, with $193 million allocated specifically for Arkansas [3][4] Company Overview - L3Harris' Camden site is recognized as the "Center of Excellence for Solid Rocket Motor production," employing approximately 1,300 people and producing over 100,000 solid rocket motors annually [5][6] - The new facilities are expected to provide a six-fold increase in manufacturing capacity, enhancing the company's ability to meet current demand [4][6] Economic Impact - The investment is anticipated to bolster Arkansas' economy, creating new job opportunities and reinforcing the state's position in the aerospace and defense sector [3][4][7] - Arkansas has been highlighted for its favorable business environment, including a low cost of living and strong economic growth, making it an attractive location for major companies like L3Harris [3][4]

Core Insights - The drone technology sector is experiencing significant growth, with advancements making drones essential across various industries [1] Company Summaries Jabil Inc. (JBL) - Jabil holds a Zacks Rank 1 and has seen substantial benefits from strong momentum in capital equipment, AI-powered data center infrastructure, cloud, and digital commerce [5] - The company emphasizes product diversification, aiming for no single product or family to exceed 5% of operating income or cash flows in any fiscal year [5] - Jabil's expected revenue and earnings growth rates for the next year are 5.8% and 17.8%, respectively, with a recent 8.4% improvement in the Zacks Consensus Estimate for next-year earnings [7] HEICO Corp. (HEI) - HEICO also holds a Zacks Rank 1, benefiting from increased orders for aftermarket replacement parts and repair services due to rising air travel [8] - The company anticipates strong order flows for its defense products, supported by a projected 13% increase in the U.S. defense budget to $1.01 trillion for fiscal 2026 [9] - HEICO's expected revenue and earnings growth rates for the current year are 13.2% and 23.7%, respectively, with a slight 0.2% improvement in the Zacks Consensus Estimate for current-year earnings [10] L3Harris Technologies Inc. (LHX) - L3Harris has a Zacks Rank 2 and benefits from solid U.S. budget funding, which is expected to enhance its revenues [11] - The company is experiencing strong demand for its defensive solutions from various regions, including Asia-Pacific and Latin America, and is involved in the U.S. administration's Golden Dome initiative [11] - L3Harris's expected revenue and earnings growth rates for the current year are 1% and -20%, respectively, with a 0.1% improvement in the Zacks Consensus Estimate for current-year earnings [12]

Industry Overview - 3D Printing, or additive manufacturing, is a transformative technology that creates physical objects from digital designs by layering materials with high precision, significantly impacting manufacturing processes since the 1980s [2] - The technology offers advantages over traditional manufacturing, including cost efficiency, customization, precision, and sustainability [2][4] Market Growth - The global 3D Printing market is projected to grow from $24.61 billion in 2024 to $29.29 billion in 2025, and is expected to reach $134.6 billion by 2034, with a CAGR of 18.52% [7] - The healthcare 3D Printing market is anticipated to grow from $1.66 billion in 2024 to $1.96 billion in 2025, potentially exceeding $8.71 billion by 2034, reflecting a CAGR of 18% [6] Regional Insights - North America currently leads the 3D Printing market with over 35% share, followed closely by Asia Pacific at 30% [8] - The U.S. 3D printing market is expected to grow at a CAGR of 19.18% from 2025 to 2034 [8] Key Players - Leading companies in the 3D Printing space include Xometry, Proto Labs Inc., and Stratasys, which are embracing the technology for rapid prototyping and on-demand production [3] - Carpenter Technology, ATI Inc., GE Aerospace, and L3Harris Technologies are highlighted as promising stocks in the 3D Printing sector, each with unique capabilities and market positions [9][11][14][17][20] Sector Applications - 3D Printing is gaining traction in various sectors, including healthcare, aerospace, automotive, and consumer goods, enabling the production of lightweight components, personalized medical tools, and complex designs [5][4] - In aerospace, 3D Printing is used for manufacturing durable aircraft components, while in automotive, it aids in producing prototypes and customized parts [5] Technological Advancements - The technology allows for the use of lighter and stronger materials, minimizes waste, and enables faster production cycles, which traditional methods cannot achieve [4] - Companies like GE Aerospace have integrated 3D Printing into their production processes, resulting in significant improvements in fuel efficiency for jet engines [18][19]

Business Segments Overview - Integrated Mission Systems (IMS) generated $6.9 billion in revenue in 2024, with 60% from fixed price contracts and 75% from domestic sources[26,31] - Communication Systems (CS) had $6.8 billion in revenue in 2024, with 70% from fixed price contracts and 70% from domestic sources[31,35] - Aerojet Rocketdyne (AR) revenue in 2024 was primarily (98%) from space propulsion and power systems, almost entirely (98%) domestic, and primarily (98%) as a prime contractor[39] Growth Drivers - Integrated Mission Systems (IMS) is driven by modernization of ISR missionization, strengthening capabilities, and supporting sustained growth in intelligence operations[32] - Communication Systems (CS) growth is fueled by increased international demand for software-defined radios, night-vision goggles, and munitions[36] - Aerojet Rocketdyne (AR) aims to leverage DPA funds to scale up capacity and modernize manufacturing facilities[40] Financial Position - The company has $5.2 billion in cash[55] - The company has $3.5 billion in net debt[56]