Value20202021202220232024TTMSelling/general/admin expenses3.28 B3 B3.26 B3.57 B3.43 B3.35 BResearch & development——————Operating income3.34 B1.83 B1.43 B1.92 B2.11 B3.95 BNon-Operating Income, Total439 M425 M-59 M-50 M91 M588 MInterest expense, net of interest capitalized——————Non-Operating Income, excl. Interest Expenses411 M423 M-397 M-404 M-328 M-107 MUnusual income/expense28 M2 M338 M354 M419 M695 MPretax income2.28 B1.27 B1.22 B1.6 B1.93 B3.61 BEquity in earnings——————Taxes440 M212 M23 M85 M326 M330 MNon-controlling/minority interest-4 M-1 M-29 M10 M0—After tax other income/expense——————Net income before discontinued operations1.85 B1.06 B1.23 B1.5 B1.61 B1.73 BDiscontinued operations-1 M00———Net income1.85 B1.06 B1.23 B1.5 B1.61 B1.73 BDilution adjustment——————Preferred dividends——————Diluted net income available to common stockholders1.85 B1.06 B1.23 B1.5 B1.61 B1.73 BBasic earnings per share (Basic EPS)9.175.546.477.918.579.26Diluted earnings per share (Diluted EPS)9.095.496.447.878.539.21Average basic shares outstanding201.3 M191.8 M189.6 M189.8 M187.4 M—Diluted shares outstanding203.2 M193.5 M190.6 M190.7 M188.4 M—EBITDA6.15 B4.88 B2.77 B1.85 B—6.29 BEBIT4.66 B3.37 B413 M558 M—5.09 BCost of revenue12.44 B12.13 B14.31 B15.8 B—28.84 BOther cost of goods sold——————Depreciation & amortization (cash flow)967 M938 M1.17 B1.29 B1.22 B1.21 B
L3Harris Technologies, Inc. Common Stock
L3Harris Technologies, Inc. is an American technology company, defense contractor, and information technology services provider that produces products for command and control systems, wireless equipment, tactical radios, avionics and electronic systems, night vision equipment, intelligence, surveillance and reconnaissance systems and products, ocean systems, instrumentation, navigation products, training devices and services, and both terrestrial/spaceborne antennas for use in the government, defense, and commercial sectors.
The company was formed from the merger of L3 Technologies and Harris Corporation on June 29, 2019, which made it the sixth-largest defense contractor in the United States.