secwatch.observer — SEC 8-K summary
======================================

Issuer:     L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX)
CIK:        0000202058
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0000202058-23-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

L3Harris Q1 EPS $1.76 GAAP ($2.86 non-GAAP); orders record $5.8B, book-to-bill 1.31x
--------------------------------------------------------------------------------

- GAAP EPS $1.76, non-GAAP EPS $2.86; cash from ops $350M, adjusted FCF $314M.
- Revenue up 9% YoY (organic 7%); quarterly orders $5.8B (record), book-to-bill 1.31x.
- Won >$1.5B new prime space awards and >$550M domestic ISR aircraft missionization.
- Total backlog $25B, up 16%; returned >$600M cash to shareholders.
- Pending Aerojet Rocketdyne acquisition progressing; enterprise transformation program initiated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/202058/000020205823000026/0000202058-23-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/202058/000020205823000026/hrs-20230427.htm
  HTML page:      https://secwatch.observer/filing/0000202058-23-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer