L3Harris Raises 2026 Profit Outlook After Revenue Beat

L3Harris raised its 2026 profit outlook following strong growth in demand for missile systems. Total revenue hit $5.74 billion as the firm filed for a unit IPO.

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L3HARRIS TECHNOLOGIES INC raised its 2026 profit forecast to $11.40–$11.60 per share after first-quarter revenue reached $5.74B. The updated outlook exceeds the previous $11.30–$11.50 range as Pentagon demand for missile systems and military intelligence intensifies. Sustained geopolitical conflict is driving long-term order backlogs and accelerating the spin-off of high-growth propulsion units.

IPO Filing and Rocket Motor Expansion

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