L3Harris Technologies, Inc. Q2 2025 Earnings Recap

L3Harris Technologies delivered robust second-quarter results, marked by record orders and significant organic growth, reinforcing its position as a leader in defense technology amidst increasing global demand.

Key Takeaways

• Achieved a record $8.3 billion in orders, translating to a 1.5 book-to-bill ratio, indicative of strong future revenue potential.
• Revenue increased to $5.4 billion, reflecting 6% organic growth driven by accelerated program ramp-ups across all segments.
• Non-GAAP EPS rose 16% year-over-year to $2.78, aided by improved operating income and working capital performance.
• Operating margin expanded for the seventh consecutive quarter, reaching 15.9%, showcasing successful cost management strategies.
• Positioned for sustained growth with significant contracts and investments aligned with U.S. national security initiatives and international defense spending increases.