L3Harris delivered a stellar first quarter characterized by 15% organic growth, a record $40 billion backlog, and massive demand for space systems and resilient communications as global defense modernization accelerates.
L3Harris Technologies capped off its "best year ever" with a robust fourth-quarter earnings report, highlighted by record orders, margin expansion, and a massive $38 billion backlog. The defense contractor delivered 5% organic revenue growth in 2025, hitting $21.9 billion in sales. Looking ahead, management provided an ambitious 2026 outlook and detailed a groundbreaking public-private partnership with the Department of War that will result in the 2026 Initial Public Offering (IPO) of its rapidly growing Missile Solutions business.