L3Harris Technologies, Inc.

- Around $1 billion of investments in solid rocket motors capacity expansion, supported by Department of War funding, including additional cash to accelerate investments. - Investments focus on expanding factory capacity, including a 200,000 square foot facility built a few years ago to support growth. - Investments aimed at ramping up production, supporting large volume ramps, and meeting supply chain demands. - Continued R&D investments in radios (approx. 2.5% to 3% of revenue, around $2 billion annually across the company) to develop new capabilities like the Falcon 5 radio with high data rate technology. - Investments to develop and integrate VAMPIRE counter-drone systems with a converted factory. - Strategic investments in classified and missile warning space programs, aiming to build satellites quickly and affordably. - Investment-led growth supported by multiyear procurement frameworks and framework agreements enabling confident capital deployment.

- Expecting sustained strong growth over the next decade, particularly in Missile Solutions and Space & Mission Systems. - Missile Solutions volume ramp is aggressive, supported by long-term supply agreements and increased capacity investments. - Space pipeline is robust with tens of billions in opportunities, including classified LEO, MEO, and GEO programs. - Solid backlog growth: backlog almost doubled to over $40 billion, plus $25 billion pending from Munitions Acceleration Council programs. - Revenue guidance for 2026 reaffirmed at $23-$23.5 billion, ~7% organic growth; strong first quarter (15% organic growth) indicates potential upside. - International demand growing rapidly, with >20% growth in some sectors. - Expansion of missionized aircraft and software-defined communication products expected. - Innovation and capacity investments increased by 44% this quarter to support growth. - Multiyear procurement agreements enhance demand visibility and support supply chain readiness.

- The company reaffirmed full-year 2026 revenue guidance of $23B to $23.5B, representing 7% organic growth at midpoint. - Segment operating margin guidance is maintained at low 16%. - GAAP EPS guidance was increased by $0.10 to a range of $11.40 to $11.60 for 2026. - Continued margin expansion expected, with segment operating margin up 10 basis points year-over-year in Q1. - Strong backlog of $60B-$70B over next 12 months provides confidence in revenue growth duration. - Continued investment in innovation and capacity supports sustained growth. - Multiyear procurement frameworks and contracts expected to finalize by end of 2026, driving revenue stability. - Missile Solutions IPO and Department of War investments anticipated to unlock incremental shareholder value and accelerate growth. - Long-term financial framework aligned with sustained growth through 2028.

- Current backlog: Over $40 billion, nearly doubled in recent years, providing 2x revenue coverage. - Additional pending orders: $25 billion of orders for the Munitions Acceleration Council (MAC) programs currently in negotiations. - Book-to-bill ratio for the quarter: 1.4x, demonstrating strong demand. - Key recent awards include: - Missionized aircraft contracts with South Korea and a NATO ally valued over $2.2 billion. - Strategic tanker and transport contracts in Canada totaling approximately $700 million. - $460 million in international orders for resilient communication products from NATO countries. - Sole-source $600 million contract with potential for multi-billion dollar follow-ons in classified space work. - Expect framework agreements for missile solutions contracts to be finalized by the end of the calendar year to enable continued investment and backlog growth.

No information is provided regarding the same in the latest conference call.