Highest-materiality recent filing
L3Harris shareholders elect 11 directors, approve say-on-pay, reject special meeting proposal
All 11 director nominees elected; average support >95% of votes cast (excluding broker non-votes).
L3Harris Q1 revenue $5.7B (+12%), EPS $2.72 (+33%), raises FY guidance
Orders $7.8B, book-to-bill 1.4x; backlog hits record $40.7B.
L3Harris closes $1B DoW investment in Missile Solutions; plans IPO H2 2026
$1B convertible preferred investment from Department of War for MSL facility expansion, R&D, production capacity.
Sam Mehta appointed President of two L3Harris segments; Jon Rambeau departs
Sam Mehta appointed President of Space & Mission Systems and Communications & Spectrum Dominance, effective March 16, 2026.
L3Harris appoints Ken Sharp as CFO; Ken Bedingfield to lead Missile Solutions toward IPO
Ken Sharp named SVP and CFO effective March 16, 2026; joins from Peraton, previously CFO at DXC Technology and Northrop Grumman.
CEO Kubasik adopts 10b5-1 plan to sell up to 129,501 options and 60,000 shares
Plan covers vested options for 129,501 shares (expire 2029) and 60,000 shares common stock.
L3Harris reports record orders $27.5B, FY revenue $21.9B, initiates 2026 guidance
FY 2025 revenue $21.9B (+3%, +5% organic); diluted EPS $8.53; non-GAAP diluted EPS $10.73.
L3Harris reorganizes from four to three business segments; Zoiss moves to engineering role
Effective Jan 5, 2026, L3Harris reorganized into three segments: Space & Mission Systems (Sam Mehta), Communications & Spectrum Dominance (Jon Rambeau), Missile Solutions (Ken Bedingfield).
L3Harris Q3 revenue $5.7B (+7% YoY), non-GAAP EPS $2.70 (+10% YoY); raises 2025 outlook
Orders $6.7B (book-to-bill 1.2x); revenue $5.7B (+7% YoY, +10% organic).
L3Harris Q2 non-GAAP EPS $2.78, revenue $5.4B; raises 2025 guidance
Revenue $5.4B, up 2% reported and 6% organically; orders $8.3B with book-to-bill 1.5x.
L3Harris increases annual equity retainer for non-employee directors from $190K to $200K
Board raised annual director share unit grant to $200,000, up from $190,000, effective Jan 3, 2026.
CEO Christopher Kubasik adopts 10b5-1 plan to sell up to 97,171 shares from 2018 options
Plan covers vested options expiring in 2028; sales start Sept 2025 and end by Dec 11, 2025.
L3Harris CEO Kubasik adopts 10b5-1 plan to sell up to 147,411 shares
CEO Christopher E. Kubasik adopted Rule 10b5-1 plan covering up to 147,411 vested options granted in 2017.
L3Harris Q1 revenue $5.1B, non-GAAP EPS $2.41, updates 2025 guidance
Q1 revenue $5.1B; diluted GAAP EPS $2.04; non-GAAP diluted EPS $2.41.
All 13 board nominees elected with 77-83% of votes cast (excluding broker non-votes).
L3Harris enters $2.5B revolver and $500M 364-day credit facility, replacing prior facilities
New $2.5B five-year senior unsecured revolver matures Feb 18, 2030; replaces prior $2.0B facility.
L3Harris CEO Kubasik adopts 10b5-1 plan to sell 35,273 shares starting May 2025
CEO Christopher Kubasik established a Rule 10b5-1 plan to exercise vested options and sell the resulting shares.
L3Harris Q4 revenue $5.5B, non-GAAP EPS $3.47; initiates 2025 guidance
Q4 2024 revenue $5.5B (+3%), non-GAAP EPS $3.47; FY24 revenue $21.3B (+10%), non-GAAP EPS $13.10.
L3Harris Director Peter W. Chiarelli to retire at end of 2024 after 12 years
Chiarelli notified the Board on Dec 20, 2024 of his retirement effective end of 2024.
CEO Kubasik adopts 10b5-1 plan to sell 112,138 shares starting March 2025
Plan covers 112,138 vested options granted Feb 2017, expiring Feb 2027.
L3Harris Q3 revenue $5.3B (+8%), EPS $2.10; raises FY2024 guidance; ups cost savings target to $600M
Revenue $5.3B (+8% YoY); diluted EPS $2.10 (+4%); non-GAAP EPS $3.34 (+5%).
L3Harris appoints Trane Technologies CEO Dave Regnery to Board of Directors
David S. Regnery, Chair and CEO of Trane Technologies, appointed to L3Harris Board effective Oct 15, 2024.
L3Harris closes $600M issuance of 5.500% Notes due 2054; proceeds to refinance existing debt
Issued $600M aggregate principal amount of 5.500% Notes due 2054 on Aug 2, 2024.
L3Harris CEO adopts 10b5-1 plan to sell 56,624 shares starting Oct 2024
Plan covers vested options granted February 2017, expiring February 2027.
L3Harris Q2 revenue up 13% to $5.3B; raises 2024 guidance across revenue, margin, EPS
Q2 orders $5.2B; book-to-bill of 1.0x.
L3Harris SVP Sean Stackley to retire effective August 3, 2024
Sean J. Stackley, SVP Strategy, Growth & Technology and named executive officer, will retire effective August 3, 2024.
L3Harris Q1 revenue $5.2B (+17% YoY); raises 2024 EPS & margin guidance
GAAP EPS $1.48; Non-GAAP EPS $3.06; revenue $5.2B up 17% total, 5% organic.
L3Harris shareholders approve officer liability limitation, reject lobbying transparency proposal
All 14 director nominees elected; broker non-votes on 5 of 6 proposals.
L3Harris appoints John Cantillon as VP and Principal Accounting Officer effective May 1, 2024
John Cantillon succeeds Corliss J. Montesi, who will stay part-time to assist transition and finance initiatives.
L3Harris closes $2.25B notes offering, repays term loan
Issued $750M 5.050% notes due 2029, $750M 5.250% notes due 2031, $750M 5.350% notes due 2034.
CEO Kubasik signs new severance agreement (2x multiple) and adopts 10b5-1 plan for 76,190 shares
Severance agreement covers termination without cause or for good reason before March 31, 2028; severance multiple is 2 (vs 3 under CIC plan).
L3Harris enters $1.5B 364-day revolver, replacing $2.4B facility
New $1.5B senior unsecured revolving credit facility matures Jan 24, 2025; replaces March 2023 $2.4B facility.
L3Harris Q4 revenue $5.34B, non-GAAP EPS $3.35; guides FY24 EPS $12.40-$12.80
Q4 revenue $5.34B (+17% YoY); non-GAAP EPS $3.35 (+2% YoY). Q4 segment operating margin 15.1%.
L3Harris CFO Michelle Turner to depart; severance package totals ~$3.07M
Separation date December 29, 2023; agreement entered December 22, 2023.
CEO Christopher Kubasik adopts 10b5-1 plan to sell 46,258 shares starting March 2024
Plan covers vested options for 46,258 shares granted in 2015, expiring in 2025.
L3Harris appoints two new directors, forms Business Review Committee in deal with D. E. Shaw
Kirk Hachigian (former JELD-WEN/Cooper CEO) and Bill Swanson (former Raytheon CEO) join L3Harris board immediately.
L3Harris names Ken Bedingfield CFO, effective Dec 11, succeeding Turner
Kenneth Bedingfield appointed SVP & CFO, effective Dec 11, 2023; succeeds Michelle Turner.
L3Harris Q3 EPS $2.02 ($3.19 non-GAAP); backlog jumps 49% to $32B
GAAP EPS $2.02; non-GAAP EPS $3.19; cash from ops $543M; adj FCF $635M.
L3Harris closes $3.25B debt offering: 5.4% 2027s, 5.4% 2033s, 5.6% 2053s
Issued $1.25B of 5.400% Notes due 2027, $1.5B of 5.400% Notes due 2033, and $500M of 5.600% Notes due 2053.
L3Harris closes Aerojet Rocketdyne acquisition for $58/share; forms fourth segment
Acquisition completed July 28, 2023; Aerojet Rocketdyne shareholders received $58.00 per share in cash.
L3Harris corrects prior-year Non-GAAP EPS in amended 8-K
Amends July 26, 2023 8-K to correct Non-GAAP EPS for Q2 2022 (quarter ended July 1, 2022) to $3.23.
Q2 revenue grew 13% YoY (12% organic); orders $5.6B, up 17% YoY.
L3Harris CEO added to CIC plan with 3x severance; director retainers increased
CEO Kubasik added to Executive Change in Control Severance Plan with severance multiple of 3x base salary and target bonus, replacing expired prior letter agreement.
CEO Kubasik adopts 10b5-1 plan to sell 46,258 shares by Dec 2023
Plan covers vested options granted Oct 2015, expiring 2025, for 46,258 shares.
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.
L3Harris appoints Edward A. Rice, Jr. to Innovation and Cyber Committee
Edward A. Rice, Jr., previously appointed to board Feb 23, 2023, now also serves on Innovation and Cyber Committee effective Apr 21, 2023.
L3Harris shareholders elect all 12 directors, approve say-on-pay annually
All 12 director nominees elected with strong support; votes ranged 139M to 151M for.
Established a $2.4B, 364-day senior unsecured revolving credit facility to finance a portion of the Aerojet Rocketdyne acquisition purchase price.
CEO Kubasik adopts 10b5-1 plan to sell up to 76,190 shares from 2023 options
Plan covers 76,190 shares from Feb 2016 options expiring 2026.
L3Harris appoints director Zamarro to Audit Committee effective Feb 24, 2023
Christina L. Zamarro appointed to Audit Committee of L3Harris Board effective February 24, 2023.
the Board increased the authorized number of directors constituting the Board from fourteen to fifteen and appointed David S. Regnery as an independent director to serve on the Board.
Mr. Sean J. Stackley, currently the Senior Vice President, Strategy, Growth & Technology for L3Harris Technologies, Inc. (the “Company”) and a named executive officer in the Company’s most recent proxy statement, will be retiring effective August 3, 2024.
Mr. Cantillon succeeds Ms. Corliss J. Montesi who will remain with the Company in a part time role assisting in the transition and supporting several ongoing finance initiatives.
Effective May 1, 2024, Mr. John Cantillon will become the Company’s Vice President and Principal Accounting Officer as part of a planned succession.
On December 22, 2023, L3Harris Technologies, Inc. ("L3Harris") entered into a Release of All Claims Agreement (the "Agreement") with Michelle L. Turner, which was approved by the Compensation Committee of L3Harris' Board of Directors.
Pursuant to the Cooperation Agreement, effective December 10, 2023, the Board increased the authorized number of directors constituting the Board from twelve to fourteen and appointed Mr. Hachigian and Mr. Swanson as directors for initial terms expiring at the 2024 Annual Meeting.
Pursuant to the Cooperation Agreement, effective December 10, 2023, the Board increased the authorized number of directors constituting the Board from twelve to fourteen and appointed Mr. Hachigian and Mr. Swanson as directors for initial terms expiring at the 2024 Annual Meeting.
Mr. Bedingfield succeeds Michelle L. Turner.
On December 4, 2023, L3Harris Technologies, Inc. (“ L3Harris” or the “Company ”) announced that Kenneth L. Bedingfield has been named Senior Vice President and Chief Financial Officer of L3Harris, effective December 11, 2023.
the Board increased the authorized number of directors constituting the Board from fourteen to fifteen and elected General Edward A. Rice, Jr. (Ret.), 66, as a director to serve on the Board.
Sean Stackley, currently President of L3Harris’ Integrated Missions Systems segment (“IMS”), has been named Senior Vice President, Strategy & Growth, effective October 17, 2022, and will cease to serve as President of IMS on such date.
On July 21, 2022 on the recommendation of the Nominating and Governance Committee of the Board of Directors (the “Board”) of L3Harris Technologies, Inc. (the “Company”), the Board elected Ms. Christina L. Zamarro, 50, as a director to serve on the Board.
Max materiality 0.90 · Median 0.50 · Most common event other_material