
L3Harris's Revenue Jumps 14% to $19.4B Driven by Acquisitions, Backlog Soars to $32.7B
L3Harris Technologies, Inc.Description
What this story covers
L3Harris's 2023 revenue grew 14 percent to 19 point 4 billion dollars, fueled by major acquisitions like Aerojet Rocketdyne, pushing backlog to 32 point 7 billion dollars. EPS rose to 6 dollars and 44 cents despite lower gross margins and increased debt from financing acquisitions.
Story snapshot
CompanyL3Harris Technologies, Inc.
TickerLHX
VariantStandard detailed
Duration31:13
Filing type10-K
PeriodAnnual 2023
IndustryAerospace & Defense
Accession0000202058-24-000029
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