:

Business/Financial

Earnings Fall At L3Harris In Fourth Quarter Amid Solid 2025

By Cal Biesecker

Thursday, January 29th, 2026

SHARE:

Earnings Fall At L3Harris In Fourth Quarter Amid Solid 2025

Christopher "Chris" Kubasik, chairman and CEO of L3Harris Technologies. Photo: L3Harris

L3Harris Technologies [LHX] on Thursday posted mixed results in its fourth quarter with net income down on higher impairment and business transformation costs and lower operating earnings while sales were higher. At the operating level, the company’s bottom-line was dinged by a non-cash impairment charge stemming from the pending divestiture of the Space Technology business, unfavorable program performance in its maritime business and the resolution of a legacy contract matter. Net income dropped 34 percent to $300 million, $1.59 earnings…

Congress

HASC’s Final FY ‘27 NDAA Expands Systems Eligible For Multi-Years, Includes LTAMDS, IBCS, ARRW

House defense authorizers added a measure to their version of the next defense policy bill that would expand the list of weapons platforms eligible for multi-year contracts, to include the […]

Congress

HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]

Budget

Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG

The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]

Congress

Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says

As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]