AI English summary of an SEC filing — figures as filed
L3Harris LHXThe company said its revenue for Q3 2026 (13 weeks) rose $401 million, or 7%, and its cumulative revenue for 39 weeks rose $1,468 million, or 9%. The divestiture of the Space Technology disposal group reduced revenue by $103 million in Q3, partially offsetting those gains.
Key points
AI summaryThe company said its revenue for Q3 2026 (13 weeks) rose $401 million, or 7%, and its cumulative revenue for 39 weeks rose $1,468 million, or 9%. The divestiture of the Space Technology disposal group reduced revenue by $103 million in Q3, partially offsetting those gains.
L3Harris said its contractual backlog for Q3 2026 included Missile Solutions awards of undefinitized contract action (UCA) of $6.3 billion on THAAD and $4.7 billion on the PAC-3 Missile Segment Enhancement program. The two awards are 7-year contracts, and only the first year is included in funded backlog.
The company said net cash provided by operating activities on a year-to-date basis for 2026 increased $1,079 million from the prior year-to-date period, and that it used $635 million less cash for working capital. Net proceeds from the issuance of Subsidiary Series A Preferred Stock of $973 million were included in financing activities.
The company said it completed the sale of the Space Technology disposal group on August 3, 2026 and received net cash proceeds of $539 million. As of October 2, 2026, it had cash and cash equivalents of $2,471 million and no outstanding notes under its CP Program.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Quarterly and Year-to-Date Revenue Growth
The company said its revenue for Q3 2026 (13 weeks) rose $401 million, or 7%, and its cumulative revenue for 39 weeks rose $1,468 million, or 9%. The divestiture of the Space Technology disposal group reduced revenue by $103 million in Q3, partially offsetting those gains.
Source · Based on the MD&A text of the filing
Large Missile Solutions Awards
L3Harris said its contractual backlog for Q3 2026 included Missile Solutions awards of undefinitized contract action (UCA) of $6.3 billion on THAAD and $4.7 billion on the PAC-3 Missile Segment Enhancement program. The two awards are 7-year contracts, and only the first year is included in funded backlog.
Source · Based on the MD&A text of the filing
Year-to-Date Operating Cash Flow and Financing
The company said net cash provided by operating activities on a year-to-date basis for 2026 increased $1,079 million from the prior year-to-date period, and that it used $635 million less cash for working capital. Net proceeds from the issuance of Subsidiary Series A Preferred Stock of $973 million were included in financing activities.
Source · Based on the MD&A text of the filing
Space Technology Divestiture and Liquidity
The company said it completed the sale of the Space Technology disposal group on August 3, 2026 and received net cash proceeds of $539 million. As of October 2, 2026, it had cash and cash equivalents of $2,471 million and no outstanding notes under its CP Program.
Source · Based on the MD&A text of the filing
Structured SEC financial data for this filing is not available yet. Please check the figures in the SEC filing.
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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