L3Harris Technologies Reports Strong Second Quarter 2024 Results, Increases 2024 Guidance

Revenue and Operating Margin: Second quarter results are attributed to program execution across Missile Solutions and Space Propulsion and Power Systems.

* A reconciliation is not available. See the note on page 2 and Non-GAAP Financial Measures on page 6 for more information.

SUPPLEMENTAL INFORMATION:

 

 

 

2024*

 

2023

 

 

Other Information

 

Current

Prior

 

Actuals

 

 

 

 

 

 

 

 

 

 

FAS/CAS operating adjustment

 

~$30 million

~$30 million

 

$110 million

 

 

Non-service FAS pension income

 

~$310 million

~$310 million

 

$310 million

 

 

 

 

 

 

 

 

 

 

Net interest expense

 

~$660 million

~$650 million

 

$543 million

 

 

 

 

 

 

 

 

 

 

Effective tax rate on GAAP income

 

 

 

 

1.9%

 

 

Effective tax rate on non-GAAP income1

 

13.0% - 13.5%

13.0% - 13.5%

 

13.0%

 

 

 

 

 

 

 

 

 

 

Average diluted shares

 

Flat

Flat - up slightly

 

190.6

 

 

 

 

 

 

 

 

 

 

Capital expenditures

 

~2% sales

~2% sales

 

2% sales

 

 

 

 

 

 

 

 

 


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »
Featured Video
Editorial
Jobs
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Mechanical Engineer 3 for Lam Research at Fremont, California
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
Mechanical Engineer 2 for Lam Research at Fremont, California
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Equipment Engineer, Raxium for Google at Fremont, California
Upcoming Events
Celebrate Manufacturing Excellence at Anaheim Convention Center Anaheim CA - Feb 4 - 6, 2025
3DEXPERIENCE World 2025 at George R. Brown Convention Center Houston TX - Feb 23 - 26, 2025
TIMTOS 2025 at Nangang Exhibition Center Hall 1 & 2 (TaiNEX 1 & 2) TWTC Hall Taipei Taiwan - Mar 3 - 8, 2025
Additive Manufacturing Forum 2025 at Estrel Convention Cente Berlin Germany - Mar 17 - 18, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise