Record Book-to-Bill Ratio
Achieved a record book-to-bill ratio of 1.5, driven by strong organic growth and new orders, indicating robust demand for L3Harris products and services.
Strong Financial Performance
Reported second quarter revenue of $5.4 billion, reflecting strong organic growth of 6%. Non-GAAP EPS was $2.78, up 16% year-over-year, and free cash flow was $574 million.
LHX NeXt Cost Savings
Tracking 40% ahead of the $1 billion cost-saving target set for a 3-year period, achieving savings a year earlier than planned.
Aerojet Rocketdyne Integration Success
Integration complete with doubled deliveries and production rate, and reduced cost of poor quality. Achieved a 12% organic growth with a 2.0 book-to-bill ratio.
Increased 2025 Guidance
Increased revenue guidance by $200 million, reflecting strong first-half performance and improved outlook for the rest of the year.
International Growth Opportunities
Secured software-defined radio awards from German and Czech armed forces, reflecting international growth aligning with NATO defense spending increases.