Aerospace & Defense
L3Harris Technologies reported strong performance in Q2 FY2026 with revenue increasing 8.4% year-over-year to $5.88B and net income surging 31.0% to $600M, driven by higher program volume across all operating segments.
Key risk: U.S. Government Budget Delays and Continuing Resolutions
With 74% of YTD 2026 revenue tied to U.S. Government contracts, anticipated delays in the GFY 2027 federal appropriations cycle and temporary operation under continuing resolutions could delay new contract awards, program funding, and revenue realization.
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