Record backlog and strong Q3 results signal operational strength.
Context
What happened: L3Harris reported third-quarter 2026 results with record backlog and raised the bottom end of its full-year revenue and GAAP EPS guidance ranges.
Key numbers: Orders $19.3 billion, backlog $53.2 billion, book-to-bill 3.2x. Revenue $6.1 billion, up 7% (9% organic). Operating margin 13.0%, up 200 bps. Diluted EPS $3.28, up 33%. Free cash flow $1.3 billion, up 195%.
Why it matters: CEO Sam Mehta said the priority is converting record demand into results, with continued investment in production capacity across missiles, space, resilient communications and multi-domain sensing.
Coverage: 3 outlets in 24h
Why it matters
CEO Sam Mehta said the priority is converting record demand into results, with continued investment in production capacity across missiles, space, resilient communications and multi-domain sensing.