L3harris Technologies (LHX) Earnings Call Presentation

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]