Strong Financial Performance: L3Harris reported a record $8.3 billion in orders for the second quarter, achieving a book-to-bill ratio of 1.5. Revenues reached $5.4 billion, showing strong organic growth of 6% year-over-year. The company realized a non-GAAP EPS of $2.78, a 16% increase from the previous year, and free cash flow of $574 million.

Increased Guidance for 2025: The company has raised its revenue guidance for 2025 by $200 million, anticipating 5% organic growth. Non-GAAP EPS guidance has been increased by $0.10 due to strong performance during the first half of the year, though a tax reform-related headwind has been identified.

Focus on Strategic Growth Areas: L3Harris is prioritizing investments in areas aligned with U.S. national security, such as missile systems, space-based architectures, and software-defined capabilities. The Golden Dome initiative and solid rocket motor capacity investments are expected to drive future growth.