Quarterly ResultJul 30, 2026, 09:16 AM
L3Harris Secures $1B DoW Investment for Missile Solutions Segment
AI Summary
L3Harris Technologies announced a $1 billion strategic investment from the U.S. Department of War (DoW) in its Missile Solutions segment, aimed at expanding facilities, accelerating R&D, and increasing production capacity. This investment was detailed within the company's Q2 2026 financial results. For the second quarter of 2026, L3Harris reported revenue of $5,881 million, net income of $600 million, and diluted earnings per share of $3.13, demonstrating strong year-over-year growth.
Key Highlights
- Secured $1 billion strategic investment from DoW for Missile Solutions segment.
- Q2 2026 Revenue: $5,881 million, up from $5,426 million in Q2 2025.
- Q2 2026 Net Income: $600 million, up from $458 million in Q2 2025.
- Q2 2026 Diluted EPS: $3.13, up from $2.44 in Q2 2025.
- YTD 2026 Net Cash from Operating Activities: $784 million, up from $598 million.
- YTD 2026 Cash Dividends per share: $2.50, up from $2.40.
- Total current assets increased to $10,083 million from $8,593 million.
- Total liabilities increased to $22,088 million from $21,560 million.
Price Impact
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