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L3Harris Technologies: FY25 guidance updated to reflect recent portfolio actions

Guidance has been updated to reflect recent portfolio actions. These changes include both a divestiture and an internal business realignment: Divestiture of CAS – We completed the sale of our last remaining commercial aerospace business, resulting in an approximately $525 million reduction to expected IMS revenue for the remainder of the year, as well as a reduction in expected margin. Realignment of FOS – The FOS business was transferred from IMS to AR to drive integration synergies and better align with mission sets. This shift represents approximately $300 million of expected revenue moving from IMS to AR.

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