Company: L3Harris Technologies
July 29, 2022
In its Q2 2022 quarterly financial update, space and airborne systems provider L3Harris reported: A $53 million YoY increase in Space-related revenues. Despite this, revenue for the entire Space & Airborne Systems (SAS) segment decreased 1% compared to the second quarter last year because of a $35 million decline in the airborne business. The company…
June 28, 2022
In Q1 2022 L3Harris Technologies reported: $4.1 billion in Q1 revenue - a 10% decline compared to the first quarter of 2021 Each segment — Integrated Mission Systems, Space and Airborne Systems, and Communication Systems — saw revenue decline. Space & Airborne Systems reported $1.5 billion in revenue for the quarter. This segment saw the…