Strong International Demand and Key Contract Wins
L3Harris secured a $1.1 billion contract with the Dutch Ministry of Defense for network modernization and software-defined radios. The company reported strong international demand, contributing to a 4% revenue growth in CES segment.
Positive Financial Performance in Q1 2025
Revenue was $5.1 billion, with a segment operating margin of 15.6%, marking the sixth consecutive quarter of year-over-year margin expansion. Non-GAAP EPS was $2.41, up 7% year-over-year.
Strategic Partnerships and Innovations
Announced new partnerships with Kuiper Government Solutions and Shield AI to enhance tactical communication and AI-enabled unmanned systems capabilities.
Continued Focus on Profitability
Maintained segment operating margin guidance of mid to high 15% for 2025 despite divestitures, supported by LHX NEXT cost savings and strong program execution.