Strong Revenue and Earnings Growth
Revenue was up 8% in Q3 with 11% growth in Software and Services and 6% growth in Products and Systems Integration. Operating margins expanded by 80 basis points leading to record Q3 operating earnings and operating cash flow of just under $800 million.
Record Backlog and Orders
Record Q3 orders with double-digit growth in both segments and the highest Q3 ending backlog ever of $14.6 billion, which included a record $11 billion in Software and Services backlog.
Successful Integration of Silvus
The acquisition of Silvus has been successful, contributing $200 million to backlog and expected to generate $500 million in revenue with 20% growth next year.
Positive Outlook for 2026
Expecting continued revenue growth to approximately $12.6 billion in 2026 with operating margin expansion, driven by strong demand and a robust backlog.
Command Center Growth
Command Center revenue grew 16% in Q3, driven by APX NEXT applications and strong international control room demand.