----

|  |                                          |                |             |           |               |        |             |           |  |               |   |        |               |          |   |          |             |           |  |                 |  |                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|--|------------------------------------------|----------------|-------------|-----------|---------------|--------|-------------|-----------|--|---------------|---|--------|---------------|----------|---|----------|-------------|-----------|--|-----------------|--|-----------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|  |                                          |                |             |           |               |        |             |           |  |               |   |        |               |          |   |
|  |                                          | Fourth Quarter |             | Full Year |               | 2024*  |             |
|  | ($ millions, except per share data)      | 2023           |             | 2022      |               | Change |             | 2023      |  | 2022          |   | Change |               | Guidance |   |
|  |                                          |                |             |           |               |        |             |           |  |               |   |        |               |          |   |
|  | Revenue                                  |                |             |           |               |        |             |           |  |               |   |        |               |          |   |
|  | Space & Airborne Systems             | $              | 1,800  |           |               | $      | 1,702  |           |  |               |   | $      | 6,856    |          |   | $        | 6,384  |           |  |                 |  |                 |  |
|  | Integrated Mission Systems               | 1,627     |             |           | 1,729    |        |             |           |  | 6,630    |   |        | 6,626    |          |   |          |             |           |  |
|  | Communication Systems                    | 1,363     |             |           | 1,193    |        |             |           |  | 5,070    |   |        | 4,217    |          |   |          |             |           |  |
|  | Aerojet Rocketdyne                       | 597       |             |           | —  |        |             |           |  | 1,052    |   |        | —  |          |   |          |             |           |  |
|  | Corporate eliminations                   | (47)           |             |           | (46)          |        |             |           |  | (189)         |   |        | (165)         |          |   |          |             |           |  |
|  | Revenue                                  | $              | 5,340  |           |               | $      | 4,578  |           |  | 17%           |   | $      | 19,419        |          | $ | 17,062   |             | 14%       |  | $20.7B - $21.3B |  |
|  |                                          |                |             |           |               |        |             |           |  |               |   |        |               |          |   |
|  | Operating income (loss)                  |                |             |           |               |        |             |           |  |               |   |        |               |          |   |
|  | Space & Airborne Systems             | $              | 191    |           |               | $      | 193    |           |  |               |   | $      | 756      |          |   | $        | 665    |           |  |                 |  |                 |  |
|  | Integrated Mission Systems               | (75)           |             |           | 179      |        |             |           |  | 459      |   |        | 494      |          |   |          |             |           |  |
|  | Communication Systems                    | 356       |             |           | 297      |        |             |           |  | 1,229    |   |        | 667      |          |   |          |             |           |  |
|  | Aerojet Rocketdyne                       | 66        |             |           | —  |        |             |           |  | 122      |   |        | —  |          |   |          |             |           |  |
|  | Unallocated items                        | (384)          |             |           | (174)         |        |             |           |  | (1,140)       |   |        | (699)         |          |   |          |             |           |  |
|  | Operating income                         | $              | 154    |           |               | $      | 495    |           |  | (69)%         |   | $      | 1,426    |          |   | $        | 1,127  |           |  | 27%             |  |                 |  |
|  | Operating margin                         | 2.9       | %           |           | 10.8     | %      |             | nm        |  | 7.3      | % |        | 6.6      | %        |   | 70 bps   |             |           |  |
|  |                                          |                |             |           |               |        |             |           |  |               |   |        |               |          |   |
|  | Segment operating income1                |                |             |           |               |        |             |           |  |               |   |        |               |          |   |
|  | Space & Airborne Systems             | $              | 191    |           |               | $      | 193    |           |  |               |   | $      | 783      |          |   | $        | 745    |           |  |                 |  |                 |  |
|  | Integrated Mission Systems               | 194       |             |           | 179      |        |             |           |  | 740      |   |        | 861      |          |   |          |             |           |  |
|  | Communication Systems                    | 356       |             |           | 297      |        |             |           |  | 1,229    |   |        | 1,022    |          |   |          |             |           |  |
|  | Aerojet Rocketdyne                       | 66        |             |           | —  |        |             |           |  | 122      |   |        | —  |          |   |          |             |           |  |
|  | Unallocated items                        | —   |             |           | —  |        |             |           |  | —  |   |        | —  |          |   |          |             |           |  |
|  | Segment operating income1                | $              | 807    |           |               | $      | 669    |           |  | 21%           |   | $      | 2,874    |          |   | $        | 2,628  |           |  | 9%              |  |                 |  |
|  | Segment operating margin1                | 15.1      | %           |           | 14.6     | %      |             | 50 bps    |  | 14.8     | % |        | 15.4     | %        |   | (60) bps |             | ~15% |  |
|  |                                          |                |             |           |               |        |             |           |  |               |   |        |               |          |   |
|  | Non-service FAS pension income and other | $              | 93     |           |               | $      | 112    |           |  | (17)%         |   | $      | 338      |          |   | $        | 425    |           |  | (20)%           |  |                 |  |
|  | Interest expense, net                    | $              | (171)       |           |               | $      | (74)        |           |  | 131%          |   | $      | (543)         |          |   | $        | (279)       |           |  | 95%             |  |                 |  |
|  |                                          |                |             |           |               |        |             |           |  |               |   |        |               |          |   |
|  | Effective tax rate (GAAP)                | (66.7     | %)          |           | 21.8     | %      |             | nm        |  | 1.9      | % |        | 16.7     | %        |   | nm       |             |           |  |
|  | Effective tax rate (non-GAAP1)           | 12.4      | %           |           | 13.6     | %      |             | (120) bps |  | 13.0     | % |        | 13.9     | %        |   | (90) bps |             |           |  |
|  |                                          |                |             |           |               |        |             |           |  |               |   |        |               |          |   |
|  | EPS                                      | $              | 0.83   |           |               | $      | 2.17   |           |  | (62)%         |   | $      | 6.44     |          |   | $        | 5.49   |           |  | 17%             |  |                 |  |
|  | Non-GAAP EPS1                            | $              | 3.35   |           |               | $      | 3.27   |           |  | 2%            |   | $      | 12.36    |          |   | $        | 12.90  |           |  | (4)%            |  | $12.40 - $12.80 |  |
|  |                                          |                |             |           |               |        |             |           |  |               |   |        |               |          |   |
|  | Diluted shares outstanding               | 190.6     |             |           | 192.1    |        |             | (1)%      |  | 190.6    |   |        | 193.5    |          |   | (1)%     |             |           |  |
|  |                                          |                |             |           |               |        |             |           |  |               |   |        |               |          |   |
|  | Cash from operations                     | $              | 789    |           |               | $      | 782    |           |  | 1%            |   | $      | 2,096    |          |   | $        | 2,158  |           |  | (3)%            |  |                 |  |
|  | Free cash flow1                          | $              | 747    |           |               | $      | 748    |           |  | —%      |   | $      | 2,009    |          |   | $        | 2,029  |           |  | (1)%            |  | ~$2.2B     |  |
|  |                                          |                |             |           |               |        |             |           |  |               |   |        |               |          |   |

----

----

|  |                           |                |       |           |            |          |  |          |  |            |       |        |            |       |  |          |  |                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|--|---------------------------|----------------|-------|-----------|------------|----------|--|----------|--|------------|-------|--------|------------|-------|--|----------|--|-----------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|  |                           |                |       |           |            |          |  |          |  |            |       |        |            |       |  |
|  |                           | Fourth Quarter |       | Full Year |            | Guidance |  |
|  | ($ millions)              | 2023           |       | 2022      |            | Change   |  | 2023     |  | 2022       |       | Change |            | 2024  |  |
|  |                           |                |       |           |            |          |  |          |  |            |       |        |            |       |  |
|  | Revenue                   | $              | 1,800 |           | $          | 1,702    |  | 6%       |  | $          | 6,856 |        | $          | 6,384 |  | 7%       |  | $6,900 - $7,100 |  |
|  |                           |                |       |           |            |          |  |          |  |            |       |        |            |       |  |
|  |                           |                |       |           |            |          |  |          |  |            |       |        |            |       |  |
|  | Operating margin          | 10.6      | %     |           | 11.3  | %        |  | (70) bps |  | 11.0  | %     |        | 10.4  | %     |  | 60 bps   |  |                 |  |
|  |                           |                |       |           |            |          |  |          |  |            |       |        |            |       |  |
|  |                           |                |       |           |            |          |  |          |  |            |       |        |            |       |  |
|  | Segment operating margin1 | 10.6      | %     |           | 11.3  | %        |  | (70) bps |  | 11.4  | %     |        | 11.7  | %     |  | (30) bps |  | mid-high 11%*   |  |
|  |                           |                |       |           |            |          |  |          |  |            |       |        |            |       |  |

|  |                           |                |       |           |            |          |  |         |  |            |       |        |            |       |  |           |  |                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|--|---------------------------|----------------|-------|-----------|------------|----------|--|---------|--|------------|-------|--------|------------|-------|--|-----------|--|-----------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|  |                           |                |       |           |            |          |  |         |  |            |       |        |            |       |  |
|  |                           | Fourth Quarter |       | Full Year |            | Guidance |  |
|  | ($ millions)              | 2023           |       | 2022      |            | Change   |  | 2023    |  | 2022       |       | Change |            | 2024  |  |
|  |                           |                |       |           |            |          |  |         |  |            |       |        |            |       |  |
|  | Revenue                   | $              | 1,627 |           | $          | 1,729    |  | (6)%    |  | $          | 6,630 |        | $          | 6,626 |  | —%  |  | $6,400 - $6,600 |  |
|  |                           |                |       |           |            |          |  |         |  |            |       |        |            |       |  |
|  |                           |                |       |           |            |          |  |         |  |            |       |        |            |       |  |
|  | Operating margin          | (4.6      | %)    |           | 10.4  | %        |  | nm      |  | 6.9   | %     |        | 7.5   | %     |  | (60) bps  |  |                 |  |
|  |                           |                |       |           |            |          |  |         |  |            |       |        |            |       |  |
|  |                           |                |       |           |            |          |  |         |  |            |       |        |            |       |  |
|  | Segment operating margin1 | 11.9      | %     |           | 10.4  | %        |  | 150 bps |  | 11.2  | %     |        | 13.0  | %     |  | (180) bps |  | low-mid 11%*    |  |
|  |                           |                |       |           |            |          |  |         |  |            |       |        |            |       |  |

----

|  |                           |                |       |           |            |          |  |         |  |            |       |        |            |       |  |             |  |                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|--|---------------------------|----------------|-------|-----------|------------|----------|--|---------|--|------------|-------|--------|------------|-------|--|-------------|--|----------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|  |                           |                |       |           |            |          |  |         |  |            |       |        |            |       |  |
|  |                           | Fourth Quarter |       | Full Year |            | Guidance |  |
|  | ($ millions)              | 2023           |       | 2022      |            | Change   |  | 2023    |  | 2022       |       | Change |            | 2024  |  |
|  |                           |                |       |           |            |          |  |         |  |            |       |        |            |       |  |
|  | Revenue                   | $              | 1,363 |           | $          | 1,193    |  | 14%     |  | $          | 5,070 |        | $          | 4,217 |  | 20%         |  | $5,300 - 5,400 |  |
|  |                           |                |       |           |            |          |  |         |  |            |       |        |            |       |  |
|  |                           |                |       |           |            |          |  |         |  |            |       |        |            |       |  |
|  |                           |                |       |           |            |          |  |         |  |            |       |        |            |       |  |
|  | Operating margin          | 26.1      | %     |           | 24.9  | %        |  | 120 bps |  | 24.2  | %     |        | 15.8  | %     |  | 840 bps     |  |                |  |
|  |                           |                |       |           |            |          |  |         |  |            |       |        |            |       |  |
|  |                           |                |       |           |            |          |  |         |  |            |       |        |            |       |  |
|  | Segment operating margin1 | 26.1      | %     |           | 24.9  | %        |  | 120 bps |  | 24.2  | %     |        | 24.2  | %     |  | — bps |  | low-mid 24%*   |  |
|  |                           |                |       |           |            |          |  |         |  |            |       |        |            |       |  |

|  |                  |                |     |           |  |          |  |      |            |       |  |        |  |      |  |                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|--|------------------|----------------|-----|-----------|--|----------|--|------|------------|-------|--|--------|--|------|--|-----------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|  |                  |                |     |           |  |          |  |      |            |       |  |        |  |      |  |
|  |                  | Fourth Quarter |     | Full Year |  | Guidance |  |
|  | ($ millions)     | 2023           |     | 2022      |  | Change   |  | 2023 |            | 2022  |  | Change |  | 2024 |  |
|  |                  |                |     |           |  |          |  |      |            |       |  |        |  |      |  |
|  | Revenue          | $              | 597 |           |  |          |  |      | $          | 1,052 |  |        |  |      |  | $2,400 - $2,500 |  |
|  |                  |                |     |           |  |          |  |      |            |       |  |        |  |      |  |
|  |                  |                |     |           |  |          |  |      |            |       |  |        |  |      |  |
|  | Operating margin | 11.1      | %   |           |  |          |  |      | 11.6  | %     |  |        |  |      |  | high 11%*       |  |
|  |                  |                |     |           |  |          |  |      |            |       |  |        |  |      |  |
|  |                  |                |     |           |  |          |  |      |            |       |  |        |  |      |  |
|  |                  |                |     |           |  |          |  |      |            |       |  |        |  |      |  |
|  |                  |                |     |           |  |          |  |      |            |       |  |        |  |      |  |

|  |                                         |  |                    |  |              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|--|-----------------------------------------|--|--------------------|--|--------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|  |                                         |  |                    |  |              |  |
|  | Other Information                       |  | 2024               |  | 2023         |  |
|  |                                         |  |                    |  |              |  |
|  | FAS/CAS operating adjustment        |  | ~$40 million  |  | $110 million |  |
|  | Non-service FAS pension income          |  | ~$260 million |  | $310 million |  |
|  |                                         |  |                    |  |              |  |
|  |                                         |  |                    |  |              |  |
|  | Net interest expense*                   |  | ~$650 million |  | $544 million |  |
|  |                                         |  |                    |  |              |  |
|  | Effective tax rate on GAAP income       |  |                    |  | 1.9%         |  |
|  | Effective tax rate on non-GAAP income1* |  | 13.0% - 13.5%      |  | 13.0%        |  |
|  |                                         |  |                    |  |              |  |
|  | Average diluted shares                  |  | Flat - up slightly |  | 190.6        |  |
|  |                                         |  |                    |  |              |  |
|  | Capital expenditures                    |  | ~2% sales     |  | 2% sales     |  |
|  |                                         |  |                    |  |              |  |

----

17
17
12

----

----

|                                                                                             |                   |             |                   |               |                   |             |                   |  |   |              |  |  |   |              |  |  |  |  |  |  |  |  |  |
|---------------------------------------------------------------------------------------------|-------------------|-------------|-------------------|---------------|-------------------|-------------|-------------------|--|---|--------------|--|--|---|--------------|--|--|--|--|--|--|--|--|--|
|                                                                                             | Quarter Ended     |             | Fiscal Year Ended |
| (In millions, except per share amounts)                                                     | December 29, 2023 |             | December 30, 2022 |               | December 29, 2023 |             | December 30, 2022 |
|                                                                                             |                   |             |                   |               |                   |             |                   |
| Revenue                                                                                     | $                 | 5,340  |                   |               | $                 | 4,578  |                   |  | $ | 19,419  |  |  | $ | 17,062  |  |
| Cost of revenue                                                                             | (3,935)           |             |                   | (3,316)       |                   |             | (14,306)          |  |   | (12,135)     |  |
| General and administrative expenses                                                         | (878)             |             |                   | (767)         |                   |             | (3,262)           |  |   | (3,006)      |  |
| Asset group and business divestiture-related (losses) gains, net                            | (77)              |             |                   | —  |                   |             | (51)              |  |   | 8       |  |
| Impairment of goodwill and other assets                                                     | (296)             |             |                   | —  |                   |             | (374)             |  |   | (802)        |  |
| Operating income                                                                            | 154          |             |                   | 495      |                   |             | 1,426        |  |   | 1,127   |  |
| Non-service FAS pension income and other                                                    | 93           |             |                   | 112      |                   |             | 338          |  |   | 425     |  |
| Interest expense, net                                                                       | (171)             |             |                   | (74)          |                   |             | (543)             |  |   | (279)        |  |
| Income before income taxes                                                                  | 76           |             |                   | 533      |                   |             | 1,221        |  |   | 1,273   |  |
| Income taxes                                                                                | 50           |             |                   | (116)         |                   |             | (23)              |  |   | (212)        |  |
|                                                                                             |                   |             |                   |               |                   |             |                   |
|                                                                                             |                   |             |                   |               |                   |             |                   |
| Net income                                                                                  | 126          |             |                   | 417      |                   |             | 1,198        |  |   | 1,061   |  |
| Noncontrolling interests, net of income taxes                                               | 32           |             |                   | (1)           |                   |             | 29           |  |   | 1       |  |
| Net income attributable to L3Harris Technologies, Inc.                                      | $                 | 158    |                   |               | $                 | 416    |                   |  | $ | 1,227   |  |  | $ | 1,062   |  |
|                                                                                             |                   |             |                   |               |                   |             |                   |
| Net income per common share attributable to L3Harris Technologies, Inc. common shareholders |
| Basic                                                                                       | $                 | 0.83   |                   |               | $                 | 2.18   |                   |  | $ | 6.47    |  |  | $ | 5.54    |  |
|                                                                                             |                   |             |                   |               |                   |             |                   |
|                                                                                             |                   |             |                   |               |                   |             |                   |
|                                                                                             |                   |             |                   |               |                   |             |                   |
| Diluted                                                                                     | $                 | 0.83   |                   |               | $                 | 2.17   |                   |  | $ | 6.44    |  |  | $ | 5.49    |  |
|                                                                                             |                   |             |                   |               |                   |             |                   |
|                                                                                             |                   |             |                   |               |                   |             |                   |
|                                                                                             |                   |             |                   |               |                   |             |                   |
|                                                                                             |                   |             |                   |               |                   |             |                   |
| Basic weighted average common shares outstanding                                            | 189.6        |             |                   | 190.7    |                   |             | 189.6        |  |   | 191.8   |  |
| Diluted weighted average common shares outstanding                                          | 190.6        |             |                   | 192.1    |                   |             | 190.6        |  |   | 193.5   |  |

----

----

|                                                                                       |                   |           |                   |               |                   |           |                   |  |   |               |  |  |   |             |  |  |  |  |  |  |  |  |  |
|---------------------------------------------------------------------------------------|-------------------|-----------|-------------------|---------------|-------------------|-----------|-------------------|--|---|---------------|--|--|---|-------------|--|--|--|--|--|--|--|--|--|
|                                                                                       | Quarter Ended     |           | Fiscal Year Ended |
| (In millions)                                                                    | December 29, 2023 |           | December 30, 2022 |               | December 29, 2023 |           | December 30, 2022 |
|                                                                                       |                   |           |                   |               |                   |           |                   |
| Operating Activities                                                                  |                   |           |                   |               |                   |           |                   |
| Net income                                                                            | $                 | 126  |                   |               | $                 | 417  |                   |  | $ | 1,198    |  |  | $ | 1,061  |  |
| Adjustments to reconcile net income to net cash provided by operating activities: |                   |           |                   |               |                   |           |                   |
| Amortization of acquisition-related intangibles                                       | 233          |           |                   | 151      |                   |           | 779          |  |   | 605      |  |
| Depreciation and other amortization                                                   | 117          |           |                   | 90       |                   |           | 387          |  |   | 333      |  |
| Share-based compensation                                                              | 22           |           |                   | 17       |                   |           | 89           |  |   | 109      |  |
| Share-based matching contributions under defined contribution plans                   | 59           |           |                   | 55       |                   |           | 231          |  |   | 216      |  |
| Pension and other postretirement benefit plan income                                  | (66)              |           |                   | (98)          |                   |           | (275)             |  |   | (395)         |  |
| Impairment of goodwill and other assets                                               | 296          |           |                   | —  |                   |           | 374          |  |   | 802      |  |
| Asset group and business divestiture-related losses (gains), net                      | 77           |           |                   | —  |                   |           | 51           |  |   | (8)           |  |
| Deferred income taxes                                                                 | (146)             |           |                   | (142)         |                   |           | (423)             |  |   | (596)         |  |
| (Increase) decrease in:                                                           |                   |           |                   |               |                   |           |                   |
| Receivables, net                                                                      | 71           |           |                   | (117)         |                   |           | 124          |  |   | (210)         |  |
| Contract assets                                                                       | 198          |           |                   | 134      |                   |           | 62           |  |   | 23       |  |
| Inventories                                                                           | 13           |           |                   | 47       |                   |           | (182)             |  |   | (310)         |  |
| Other current assets                                                                  | 17           |           |                   | (13)          |                   |           | (70)              |  |   | 13       |  |
| Increase (decrease) in:                                                           |                   |           |                   |               |                   |           |                   |
| Accounts payable                                                                      | 105          |           |                   | (132)         |                   |           | 87           |  |   | 180      |  |
| Contract liabilities                                                                  | (7)               |           |                   | 254      |                   |           | 195          |  |   | 121      |  |
| Compensation and benefits                                                             | 93           |           |                   | 50       |                   |           | 38           |  |   | (45)          |  |
| Other accrued items                                                                   | (61)              |           |                   | (183)         |                   |           | (88)              |  |   | (181)         |  |
| Income taxes                                                                          | (333)             |           |                   | 240      |                   |           | (318)             |  |   | 499      |  |
| Other operating activities                                                            | (25)              |           |                   | 12       |                   |           | (163)             |  |   | (59)          |  |
| Net cash provided by operating activities                                             | 789          |           |                   | 782      |                   |           | 2,096        |  |   | 2,158    |  |
| Investing Activities                                                                  |                   |           |                   |               |                   |           |                   |
| Net cash paid for acquired businesses                                                 | —      |           |                   | —  |                   |           | (6,688)           |  |   | —  |  |
| Additions to property, plant and equipment                                            | (137)             |           |                   | (71)          |                   |           | (449)             |  |   | (252)         |  |
| Proceeds from sale of property, plant and equipment, net                              | 56           |           |                   | 4        |                   |           | 56           |  |   | 14       |  |
| Proceeds from sales of asset groups and businesses, net                               | —      |           |                   | 18       |                   |           | 71           |  |   | 23       |  |
| Other investing activities                                                            | (2)               |           |                   | (13)          |                   |           | (11)              |  |   | (35)          |  |
| Net cash used in investing activities                                                 | (83)              |           |                   | (62)          |                   |           | (7,021)           |  |   | (250)         |  |
| Financing Activities                                                                  |                   |           |                   |               |                   |           |                   |
| Proceeds from borrowings, net of issuance cost                                        | —      |           |                   | (1)           |                   |           | 7,568        |  |   | 4        |  |
| Repayments of borrowings                                                              | (11)              |           |                   | (2)           |                   |           | (3,170)           |  |   | (14)          |  |
| Change in commercial paper, net                                                       | (432)             |           |                   | —  |                   |           | 1,599        |  |   | —  |  |
|                                                                                       |                   |           |                   |               |                   |           |                   |
|                                                                                       |                   |           |                   |               |                   |           |                   |
| Proceeds from exercises of employee stock options                                     | 6            |           |                   | 17       |                   |           | 24           |  |   | 57       |  |
| Repurchases of common stock                                                           | —      |           |                   | (183)         |                   |           | (518)             |  |   | (1,083)       |  |
| Cash dividends                                                                        | (216)             |           |                   | (214)         |                   |           | (868)             |  |   | (864)         |  |
| Other financing activities                                                            | (7)               |           |                   | (2)           |                   |           | (41)              |  |   | (51)          |  |
| Net cash (used in) provided by financing activities                                   | (660)             |           |                   | (385)         |                   |           | 4,594        |  |   | (1,951)       |  |
| Effect of exchange rate changes on cash and cash equivalents                          | 15           |           |                   | 16       |                   |           | 11           |  |   | (18)          |  |
| Net increase (decrease) in cash and cash equivalents                                  | 61           |           |                   | 351      |                   |           | (320)             |  |   | (61)          |  |
| Cash and cash equivalents, beginning of period                                        | 499          |           |                   | 529      |                   |           | 880          |  |   | 941      |  |
| Cash and cash equivalents, end of period                                              | $                 | 560  |                   |               | $                 | 880  |                   |  | $ | 560      |  |  | $ | 880    |  |

----

|                                        |                   |              |                   |              |   |              |  |  |  |  |  |
|----------------------------------------|-------------------|--------------|-------------------|--------------|---|--------------|--|--|--|--|--|
| (In millions)                     | December 29, 2023 |              | December 30, 2022 |
|                                        |                   |              |                   |
| Assets                                 |                   |              |                   |
| Current assets                         |                   |              |                   |
| Cash and cash equivalents              | $                 | 560     |                   |              | $ | 880     |  |
| Receivables, net                       | 1,230        |              |                   | 1,251   |   |
| Contract assets                        | 3,196        |              |                   | 2,987   |   |
| Inventories                            | 1,472        |              |                   | 1,291   |   |
|                                        |                   |              |                   |
| Other current assets                   | 491          |              |                   | 298     |   |
| Assets of business held for sale       | 1,106        |              |                   | 47      |   |
| Total current assets                   | 8,055        |              |                   | 6,754   |   |
| Non-current assets                     |                   |              |                   |
| Property, plant and equipment, net     | 2,862        |              |                   | 2,104   |   |
| Goodwill                               | 19,979       |              |                   | 17,283  |   |
| Other intangible assets, net           | 8,540        |              |                   | 6,001   |   |
| Deferred income taxes                  | 91           |              |                   | 73      |   |
| Other non-current assets               | 2,160        |              |                   | 1,309   |   |
| Total assets                           | $                 | 41,687  |                   |              | $ | 33,524  |  |
| Liabilities and equity                 |                   |              |                   |
| Current liabilities                    |                   |              |                   |
| Short-term debt                        | $                 | 1,602   |                   |              | $ | 2       |  |
| Current portion of long-term debt, net | 363          |              |                   | 818     |   |
| Accounts payable                       | 2,106        |              |                   | 1,945   |   |
| Contract liabilities                   | 1,900        |              |                   | 1,400   |   |
| Compensation and benefits              | 544          |              |                   | 398     |   |
| Other accrued items                    | 1,129        |              |                   | 818     |   |
| Income taxes payable                   | 88           |              |                   | 376     |   |
| Liabilities of business held for sale  | 272          |              |                   | 19      |   |
| Total current liabilities              | 8,004        |              |                   | 5,776   |   |
| Non-current liabilities                |                   |              |                   |
|                                        |                   |              |                   |
| Long-term debt, net                    | 11,160       |              |                   | 6,225   |   |
| Deferred income taxes                  | 815          |              |                   | 719     |   |
| Other long-term liabilities            | 2,879        |              |                   | 2,180   |   |
| Total liabilities                      | 22,858       |              |                   | 14,900  |   |
| Total equity                           | 18,829       |              |                   | 18,624  |   |
| Total liabilities and equity           | $                 | 41,687  |                   |              | $ | 33,524  |  |

----

|                                                                        |                   |             |                   |               |         |               |               |  |                |               |         |  |               |              |  |               |   |         |  |  |   |              |  |  |  |  |  |  |  |  |  |  |  |  |  |
|------------------------------------------------------------------------|-------------------|-------------|-------------------|---------------|---------|---------------|---------------|--|----------------|---------------|---------|--|---------------|--------------|--|---------------|---|---------|--|--|---|--------------|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                        | Quarter Ended     |             | Fiscal Year Ended |
|                                                                        | December 29, 2023 |             | December 29, 2023 |
| (In millions)                                                          | GAAP              |             | Adjustments1      |               | Organic |               | GAAP          |  | Adjustments1,2 |               | Organic |
|                                                                        |                   |             |                   |               |         |               |               |  |                |               |         |
| SAS                                                                    | $                 | 1,800  |                   |               | $       | —  |               |  | $              | 1,800    |         |  | $             | 6,856   |  |               | $ | (9)     |  |  | $ | 6,847   |  |
| IMS                                                                    | 1,627        |             |                   | —  |         |               | 1,627    |  |                | 6,630    |         |  | —  |              |  | 6,630    |   |
| CS                                                                     | 1,363        |             |                   | (104)         |         |               | 1,259    |  |                | 5,070    |         |  | (365)         |              |  | 4,705    |   |
| AR                                                                     | 597          |             |                   | (597)         |         |               | —  |  |                | 1,052    |         |  | (1,052)       |              |  | —  |   |
| Corporate eliminations                                                 | (47)              |             |                   | —  |         |               | (47)          |  |                | (189)         |         |  | —  |              |  | (189)         |   |
| Revenue                                                                | $                 | 5,340  |                   |               | $       | (701)         |               |  | $              | 4,639    |         |  | $             | 19,419  |  |               | $ | (1,426) |  |  | $ | 17,993  |  |
|                                                                        |                   |             |                   |               |         |               |               |  |                |               |         |
|                                                                        | Quarter Ended     |             | Fiscal Year Ended |
|                                                                        | December 30, 2022 |             | December 30, 2022 |
| (In millions)                                                          | GAAP              |             | Adjustments2      |               | Organic |               | GAAP          |  | Adjustments2   |               | Organic |
|                                                                        |                   |             |                   |               |         |               |               |  |                |               |         |
| SAS                                                                    | $                 | 1,702  |                   |               | $       | (8)           |               |  | $              | 1,694    |         |  | $             | 6,384   |  |               | $ | (22)    |  |  | $ | 6,362   |  |
| IMS                                                                    | 1,729        |             |                   | —  |         |               | 1,729    |  |                | 6,626    |         |  | (6)           |              |  | 6,620    |   |
| CS                                                                     | 1,193        |             |                   | —  |         |               | 1,193    |  |                | 4,217    |         |  | —  |              |  | 4,217    |   |
| AR                                                                     | —      |             |                   | —  |         |               | —  |  |                | —  |         |  | —  |              |  | —  |   |
|                                                                        |                   |             |                   |               |         |               |               |  |                |               |         |
| Corporate eliminations                                                 | (46)              |             |                   | —  |         |               | (46)          |  |                | (165)         |         |  | —  |              |  | (165)         |   |
| Revenue                                                                | $                 | 4,578  |                   |               | $       | (8)           |               |  | $              | 4,570    |         |  | $             | 17,062  |  |               | $ | (28)    |  |  | $ | 17,034  |  |
|                                                                        |                   |             |                   |               |         |               |               |  |                |               |         |
|                                                                        |                   |             |                   |               |         |               |               |  |                |               |         |
|                                                                        |                   |             |                   |               |         |               |               |  |                |               |         |
|                                                                        |                   |             |                   |
|                                                                        |                   |             |                   |
|                                                                        |                   |             |                   |               |         |               |               |  |                |               |         |
|                                                                        |                   |             |                   |               |         |               |               |  |                |               |         |
|                                                                        |                   |             |                   |               |         |               |               |  |                |               |         |
|                                                                        |                   |             |                   |
|                                                                        |                   |             |                   |
|                                                                        |                   |             |                   |               |         |               |               |  |                |               |         |
|                                                                        |                   |             |                   |               |         |               |               |  |                |               |         |
|                                                                        |                   |             |                   |               |         |               |               |  |                |               |         |
| 1Adjustment to exclude amounts attributable to each acquired business. |
| 2Adjustment to exclude amounts attributable to each divested business. |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |                   |             |                   |               |                   |             |                   |   |   |               |   |  |   |              |  |  |  |  |  |  |  |  |  |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------|-------------|-------------------|---------------|-------------------|-------------|-------------------|---|---|---------------|---|--|---|--------------|--|--|--|--|--|--|--|--|--|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | Quarter Ended     |             | Fiscal Year Ended |
| (In millions)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | December 29, 2023 |             | December 30, 2022 |               | December 29, 2023 |             | December 30, 2022 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |                   |             |                   |               |                   |             |                   |
| Revenue (A)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | $                 | 5,340  |                   |               | $                 | 4,578  |                   |   | $ | 19,419   |   |  | $ | 17,062  |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |                   |             |                   |               |                   |             |                   |
| Operating income (B)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | $                 | 154    |                   |               | $                 | 495    |                   |   | $ | 1,426    |   |  | $ | 1,127   |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |                   |             |                   |               |                   |             |                   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |                   |             |                   |               |                   |             |                   |
| Unallocated corporate department income (expense), net                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | 35           |             |                   | 7        |                   |             | 62           |   |   | (25)          |   |
| FAS/CAS operating adjustment1                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | (38)              |             |                   | (30)          |                   |             | (110)             |   |   | (95)          |   |
| Significant and/or non-recurring items included in operating income above2:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |                   |             |                   |               |                   |             |                   |
| Amortization of acquisition-related intangibles                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | 233          |             |                   | 151      |                   |             | 779          |   |   | 605      |   |
| Additional cost of revenue related to the fair value step-up in inventory sold                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | —      |             |                   | —  |                   |             | 30           |   |   | —  |   |
| Merger, acquisition, and divestiture-related expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | 30           |             |                   | 46       |                   |             | 174          |   |   | 162      |   |
| Sale of asset group and business divestiture-related gains, net                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | 77           |             |                   | —  |                   |             | 51           |   |   | (8)           |   |
| Impairment of goodwill and other assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | 296          |             |                   | —  |                   |             | 374          |   |   | 802      |   |
| LHX NeXt implementation costs                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | 47           |             |                   | —  |                   |             | 115          |   |   | —  |   |
| Gain on sale of property, plant and equipment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | (27)              |             |                   | —  |                   |             | (27)              |   |   | —  |   |
| Other3                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | —      |             |                   | —  |                   |             | —      |   |   | 60       |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |                   |             |                   |               |                   |             |                   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |                   |             |                   |               |                   |             |                   |
| Total significant and/or non-recurring items included in operating income2                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | 656          |             |                   | 197      |                   |             | 1,496        |   |   | 1,621    |   |
| Segment operating income (C)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | $                 | 807    |                   |               | $                 | 669    |                   |   | $ | 2,874    |   |  | $ | 2,628   |  |
| Margins                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |                   |             |                   |               |                   |             |                   |
| Operating margin (B)/(A)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | 2.9          | %           |                   | 10.8     | %                 |             | 7.3          | % |   | 6.6      | % |
| Segment operating margin (C)/(A)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 15.1         | %           |                   | 14.6     | %                 |             | 14.8         | % |   | 15.4     | % |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |                   |             |                   |               |                   |             |                   |
| 1Represents the difference between the service cost component of Financial Accounting Standards (“FAS”) pension and Other Postretirement Benefits (“OPEB”) income or expense and total U.S. Government Cost Accounting Standards (“CAS”) pension and OPEB cost, and 2023 includes AR. 2Refer to Non-GAAP Financial Measures on page 173Other includes charges for severance and other termination costs of $29 and charges related to an additional pre-merger legal contingency of $31 during fiscal year ended December 30, 2022. |

----

|                                                   |                   |             |     |               |    |             |               |   |   |               |   |  |   |             |  |  |  |  |  |  |  |  |  |
|---------------------------------------------------|-------------------|-------------|-----|---------------|----|-------------|---------------|---|---|---------------|---|--|---|-------------|--|--|--|--|--|--|--|--|--|
|                                                   | Quarter Ended     |
|                                                   | December 29, 2023 |
| (In millions)                                     | SAS               |             | IMS |               | CS |             | AR            |
|                                                   |                   |             |     |               |    |             |               |
| Revenue                                           | $                 | 1,800  |     |               | $  | 1,627  |               |   | $ | 1,363    |   |  | $ | 597    |  |
| Operating income                                  | 191          |             |     | (75)          |    |             | 356      |   |   | 66       |   |
| Impairment of goodwill and other assets1          | —      |             |     | 296      |    |             | —  |   |   | —  |   |
| Gain on sale of property, plant and equipment1    | —      |             |     | (27)          |    |             | —  |   |   | —  |   |
| Segment operating income                          | $                 | 191    |     |               | $  | 194    |               |   | $ | 356      |   |  | $ | 66     |  |
| Operating margin                                  | 10.6         | %           |     | (4.6)         | %  |             | 26.1     | % |   | 11.1     | % |
| Segment operating margin                          | 10.6         | %           |     | 11.9     | %  |             | 26.1     | % |   | 11.1     | % |
|                                                   |                   |             |     |               |    |             |               |
|                                                   | Quarter Ended     |             |     |
|                                                   | December 30, 2022 |             |     |
| (In millions)                                     | SAS               |             | IMS |               | CS |             |               |
|                                                   |                   |             |     |               |    |             |               |
| Revenue                                           | $                 | 1,702  |     |               | $  | 1,729  |               |   | $ | 1,193    |   |  |   |
| Operating income                                  | 193          |             |     | 179      |    |             | 297      |   |   |               |
| Impairment of goodwill and other assets1          | —      |             |     | —  |    |             | —  |   |   |               |
| Segment operating income                          | $                 | 193    |     |               | $  | 179    |               |   | $ | 297      |   |  |   |
| Operating margin                                  | 11.3         | %           |     | 10.4     | %  |             | 24.9     | % |   |               |
| Segment operating margin                          | 11.3         | %           |     | 10.4     | %  |             | 24.9     | % |   |               |
|                                                   |                   |             |     |               |    |             |               |
|                                                   | Fiscal Year Ended |
|                                                   | December 29, 2023 |
| (In millions)                                     | SAS               |             | IMS |               | CS |             | AR            |
|                                                   |                   |             |     |               |    |             |               |
| Revenue                                           | $                 | 6,856  |     |               | $  | 6,630  |               |   | $ | 5,070    |   |  | $ | 1,052  |  |
| Operating income                                  | 756          |             |     | 459      |    |             | 1,229    |   |   | 122      |   |
| Impairment of goodwill and other assets1          | 27           |             |     | 308      |    |             | —  |   |   | —  |   |
| Gain on sale of property, plant and equipment1    | —      |             |     | (27)          |    |             | —  |   |   | —  |   |
| Segment operating income                          | $                 | 783    |     |               | $  | 740    |               |   | $ | 1,229    |   |  | $ | 122    |  |
| Operating margin                                  | 11.0         | %           |     | 6.9      | %  |             | 24.2     | % |   | 11.6     | % |
| Segment operating income margin                   | 11.4         | %           |     | 11.2     | %  |             | 24.2     | % |   | 11.6     | % |
|                                                   |                   |             |     |               |    |             |               |
|                                                   | Fiscal Year Ended |             |     |
|                                                   | December 30, 2022 |             |     |
| (In millions)                                     | SAS               |             | IMS |               | CS |             |               |
|                                                   |                   |             |     |               |    |             |               |
| Revenue                                           | $                 | 6,384  |     |               | $  | 6,626  |               |   | $ | 4,217    |   |  |   |
| Operating income                                  | 665          |             |     | 494      |    |             | 667      |   |   |               |
| Impairment of goodwill and other assets1          | 80           |             |     | 367      |    |             | 355      |   |   |               |
| Segment operating income                          | $                 | 745    |     |               | $  | 861    |               |   | $ | 1,022    |   |  |   |
| Operating margin                                  | 10.4         | %           |     | 7.5      | %  |             | 15.8     | % |   |               |
| Segment operating margin                          | 11.7         | %           |     | 13.0     | %  |             | 24.2     | % |   |               |
|                                                   |                   |             |     |               |    |             |               |
| 1Refer to Non-GAAP Financial Measures on page 17. |                   |             |     |               |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |                     |           |                       |               |                    |           |                     |  |             |   |                    |           |             |  |  |   |           |  |  |            |   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------|-----------|-----------------------|---------------|--------------------|-----------|---------------------|--|-------------|---|--------------------|-----------|-------------|--|--|---|-----------|--|--|------------|---|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | Quarter Ended       |           | Fiscal Year Ended     |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | December 29, 2023   |           | December 29, 2023     |
| (In millions)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | Earnings Before Tax |           | Tax (Benefit) Expense |               | Effective Tax Rate |           | Earnings Before Tax |  | Tax Expense |   | Effective Tax Rate |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |                     |           |                       |               |                    |           |                     |  |             |   |                    |
| Income before income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | $                   | 76   |                       |               | $                  | (50)      |                     |  | (65.8)      | % |                    | $         | 1,221  |  |  | $ | 23   |  |  | 1.9   | % |
| Integration and project costs1                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 77             |           |                       | 16       |                    |           |                     |  | 289    |   |                    | 56   |             |  |  |
| Amortization of acquisition-related intangibles and additional cost of revenue related to the fair value step-up in inventory sold                                                                                                                                                                                                                                                                                                                                                                                  | 233            |           |                       | 53       |                    |           |                     |  | 809    |   |                    | 191  |             |  |  |
| Divestitures, restructuring and impairments2                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | 346            |           |                       | 72       |                    |           |                     |  | 398    |   |                    | 83   |             |  |  |
| Non-GAAP income before income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | $                   | 731  |                       |               | $                  | 91   |                     |  | 12.4   | % |                    | $         | 2,716  |  |  | $ | 353  |  |  | 13.0  | % |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |                     |           |                       |               |                    |           |                     |  |             |   |                    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | Quarter Ended       |           | Fiscal Year Ended     |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | December 29, 2022   |           | December 29, 2022     |
| (In millions)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | Earnings Before Tax |           | Tax Expense (Benefit) |               | Effective Tax Rate |           | Earnings Before Tax |  | Tax Expense |   | Effective Tax Rate |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |                     |           |                       |               |                    |           |                     |  |             |   |                    |
| Income before income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | $                   | 533  |                       |               | $                  | 116  |                     |  | 21.8   | % |                    | $         | 1,273  |  |  | $ | 212  |  |  | 16.7  | % |
| Integration and project costs                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | 46             |           |                       | 4        |                    |           |                     |  | 170    |   |                    | 38   |             |  |  |
| Amortization of acquisition-related intangibles                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | 151            |           |                       | (21)          |                    |           |                     |  | 605    |   |                    | 139  |             |  |  |
| Divestitures, restructuring and impairments                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | —        |           |                       | —  |                    |           |                     |  | 854    |   |                    | 14   |             |  |  |
| Non-GAAP income before income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | $                   | 730  |                       |               | $                  | 99   |                     |  | 13.6   | % |                    | $         | 2,902  |  |  | $ | 403  |  |  | 13.9  | % |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |                     |           |                       |               |                    |           |                     |  |             |   |                    |
| 1Includes: merger, acquisition, and divestiture-related expenses; LHX NeXt implementation costs and non-operating income adjustments.2Includes: asset group and business divestiture-related (losses) gains, net; impairment of goodwill and other assets; gain on sale of property, plant and equipment; and other (charges for severance and other termination costs and charges related to an additional pre-merger legal contingency).3Refer to Non-GAAP Financial Measures on page 17. |

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|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------|------------|-------------------|---------------|-------------------|------------|-------------------|--|---|---------------|--|--|---|-------------|--|--|--|--|--|--|--|--|--|
|                                                                                                                                                                                                                                                    | Quarter Ended     |            | Fiscal Year Ended |
| (In millions)                                                                                                                                                                                                                                      | December 29, 2023 |            | December 30, 2022 |               | December 29, 2023 |            | December 30, 2022 |
|                                                                                                                                                                                                                                                    |                   |            |                   |               |                   |            |                   |
| Diluted weighted average common shares outstanding                                                                                                                                                                                                 | 190.6        |            |                   | 192.1    |                   |            | 190.6        |  |   | 193.5    |  |
|                                                                                                                                                                                                                                                    |                   |            |                   |               |                   |            |                   |
| EPS                                                                                                                                                                                                                                                | $                 | 0.83  |                   |               | $                 | 2.17  |                   |  | $ | 6.44     |  |  | $ | 5.49   |  |
| Significant and/or non-recurring items included in EPS above1:                                                                                                                                                                             |                   |            |                   |               |                   |            |                   |
| Amortization of acquisition-related intangibles                                                                                                                                                                                                    | 1.22         |            |                   | 0.79     |                   |            | 4.09         |  |   | 3.13     |  |
| Additional cost of revenue related to the fair value step-up in inventory sold                                                                                                                                                                     | —      |            |                   | —  |                   |            | 0.16         |  |   | —  |  |
| Merger, acquisition, and divestiture-related expenses                                                                                                                                                                                              | 0.16         |            |                   | 0.24     |                   |            | 0.91         |  |   | 0.84     |  |
| Asset group and business divestiture-related losses (gains), net                                                                                                                                                                                   | 0.40         |            |                   | —  |                   |            | 0.27         |  |   | (0.04)        |  |
| Impairment of goodwill and other assets                                                                                                                                                                                                            | 1.55         |            |                   | —  |                   |            | 1.96         |  |   | 4.14     |  |
| LHX NeXt implementation costs                                                                                                                                                                                                                      | 0.25         |            |                   | —  |                   |            | 0.60         |  |   | —  |  |
| Gain on sale of property, plant and equipment                                                                                                                                                                                                      | (0.14)            |            |                   | —  |                   |            | (0.14)            |  |   | —  |  |
| Other2                                                                                                                                                                                                                                             | —      |            |                   | —  |                   |            | —      |  |   | 0.31     |  |
|                                                                                                                                                                                                                                                    |                   |            |                   |               |                   |            |                   |
|                                                                                                                                                                                                                                                    |                   |            |                   |               |                   |            |                   |
| Non-operating income adjustment                                                                                                                                                                                                                    | —      |            |                   | —  |                   |            | —      |  |   | 0.04     |  |
| Income taxes on above adjustments                                                                                                                                                                                                                  | (0.75)            |            |                   | 0.08     |                   |            | (1.74)            |  |   | (0.99)        |  |
| Noncontrolling interests portion of adjustment                                                                                                                                                                                                     | (0.17)            |            |                   | (0.01)        |                   |            | (0.19)            |  |   | (0.02)        |  |
| Non-GAAP EPS                                                                                                                                                                                                                                       | $                 | 3.35  |                   |               | $                 | 3.27  |                   |  | $ | 12.36    |  |  | $ | 12.90  |  |
|                                                                                                                                                                                                                                                    |              |            |              |               |              |            |              |
| 1Refer to Non-GAAP Financial Measures on page 17.2Other includes charges for severance and other termination costs of $0.15 and charges related to an additional pre-merger legal contingency of $0.16 during fiscal year ended December 30, 2022. |

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|                                                                      |                   |           |                   |          |                   |           |                   |  |   |             |  |  |   |             |  |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------------------------|-------------------|-----------|-------------------|----------|-------------------|-----------|-------------------|--|---|-------------|--|--|---|-------------|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                      | Quarter Ended     |           | Fiscal Year Ended |          |                   |           |
| (In millions)                                                        | December 29, 2023 |           | December 30, 2022 |          | December 29, 2023 |           | December 30, 2022 |  |   |             |
|                                                                      |                   |           |                   |          |                   |           |                   |  |   |             |
| Net cash provided by operating activities                            | $                 | 789  |                   |          | $                 | 782  |                   |  | $ | 2,096  |  |  | $ | 2,158  |  |  |  |  |
| Additions to property, plant and equipment                           | (137)             |           |                   | (71)     |                   |           | (449)             |  |   | (252)       |  |  |   |             |
| Proceeds from sale of property, plant and equipment, net             | 56           |           |                   | 4   |                   |           | 56           |  |   | 14     |  |  |   |             |
| Cash used for merger, acquisition, and divestiture-related expenses1 | 39           |           |                   | 33  |                   |           | 306          |  |   | 109    |  |  |   |             |
|                                                                      |                   |           |                   |          |                   |           |                   |  |   |             |
| Free cash flow                                                       | $                 | 747  |                   |          | $                 | 748  |                   |  | $ | 2,009  |  |  | $ | 2,029  |  |  |  |  |
| 1Refer to Non-GAAP Financial Measures on page 17.                    |                   |

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| Description                                                                    | Definition                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| Amortization of acquisition-related intangibles                                | Consists of amortization of identifiable intangible assets acquired in connection with business combinations. Amortization charges are recorded over the estimated useful life of the related acquired intangible asset, and thus are generally recorded over multiple years.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| Additional cost of revenue related to the fair value step-up in inventory sold | Difference between the balance sheet value of inventory from the acquiree and the acquisition date fair value.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| Merger, acquisition, and divestiture-related expenses                          | In 2023, transaction and integration expenses associated with TDL and AR acquisitions. In 2022, transaction and integration expenses associated with the L3Harris merger. Also, includes external costs related to pursuing acquisition and divestiture portfolio optimization, non-transaction costs related to divestitures and salaries of employees in roles established for and dedicated to planned divestiture and acquisition activity.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| Sale of asset group and business divestiture-related gains, net                | In 2023, related to gains or losses associated with business divestitures. In 2022, related to an asset sale in our IMS segment.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| Impairment of goodwill and other assets                                        | In 2023, charges for goodwill impairment recorded at our IMS segment related to the pending divestiture of our CAS business and charges at our IMS and SAS segment related to restructuring of a customer contract impacting both segments and facility closures in IMS.  In 2022, charges for goodwill impairment recorded at our IMS and SAS segments related to a weakened outlook for precision weapons and other solutions and higher interest rates, and charges recorded at our CS segment related to a lower outlook on legacy platforms and higher interest rates.                                                                                                                                                                                                                                                                                                                                                                                 |
| Gain on sale of property, plant and equipment                                  | In 2023, related to the sale of a building in our IMS segment.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| LHX NeXt implementation costs                                                  | Costs associated with transforming multiple functions, systems and processes to increase agility and competitiveness. Costs related to the LHX NeXt effort are expected to continue through 2025, and are expected to include workforce optimization costs, incremental IT expenses for implementation of new systems, third party consulting expenses and other related costs totaling $400M. We expect gross run-rate savings of $1B exiting year 3. In 2023, costs consisted of third-party consulting, workforce optimization, incremental IT, and other.                                                                                                                                                                                                                                                                                                                                                                                               |
| Non-operating income adjustments                                               | 2022 includes an $8 million adjustment for equity method investment earnings.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| Other                                                                          | Other includes charges associated with a formal restructuring plan and primarily related to employee severance and benefit arrangements. In 2022 we incurred charges associated with severance and other benefits related to employees that accepted a voluntary retirement plan with an effective retirement date of September 30, 2022. Other also includes an accrual associated with an ongoing legal matter that is disproportionately large related to our routine legal expenses or accruals.                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
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| Orders                                                                         | Represents the total value of funded and unfunded contract awards received from the U.S. Government, plus the total value of funded and unfunded contract awards received from customers other than the U.S. Government. This includes incremental funding and adjustments to previous awards, and excludes unexercised contract options and potential orders under ordering-type contracts, such as indefinite delivery, indefinite quantity (IDIQ) contracts.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| Organic revenue                                                                | Organic revenue excludes the impact of completed divestitures and first year revenue associated with acquisitions; refer to non-GAAP financial measure (NGFM) reconciliations in the tables accompanying this press release and to the disclosures in the non-GAAP section of this press release for more information. Organic revenue is reconciled in table 4.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Segment operating income and margin                                            | Segment operating income and margin for each segment represents each such segment's operating income and margin (GAAP measures), excluding impairment of goodwill and other assets and gain on sale of property, plant and equipment, as reconciled in table 5. Segment operating income and margin on a consolidated basis represents operating income and margin (GAAP measures) excluding the FAS/CAS operating adjustment, corporate expenses and other unallocated items, impairment of goodwill and other assets, and a gain on sale of property, plant and equipment, and eliminations, as reconciled in table 6.                                                                                                                                                                                                                                                                                                                                |
| Non-GAAP EPS                                                                   | Non-GAAP EPS represents EPS (net income per common share attributable to L3Harris Technologies, Inc. common shareholders, a GAAP measure) adjusted for amortization of acquisition-related intangibles; additional cost of revenue related to the fair value step-up in inventory sold; merger, acquisition, and divestiture-related expenses; asset group and business divestiture-related (losses) gains, net; impairment of goodwill and other assets; gain on sale of property, plant and equipment; LHX NeXt implementation costs; other (charges for severance and other termination costs and charges related to an additional pre-merger legal contingency); and non-operating income adjustments. Refer to the disclosures in the non-GAAP financial measures section of this press release for more information.Non-GAAP EPS is reconciled in table 8.                                                            |
| Free Cash Flow (FCF)                                                           | FCF represents net cash provided by operating activities (a GAAP measure) less capital expenditures (additions to property, plant and equipment less proceeds from sale of property, plant and equipment, net) and cash used for merger, acquisition, and divestiture-related expenses. FCF is reconciled in table 9.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| Effective tax rate on non-GAAP income                                          | Effective tax rate on non-GAAP earnings represents the effective tax rate (tax expense as a percentage of income before income taxes, a GAAP measure) adjusted for the tax effect associated with amortization of acquisition-related intangibles; additional cost of revenue related to the fair value step-up in inventory sold; merger, acquisition, and divestiture-related expenses; asset group and business divestiture-related (losses) gains, net; impairment of goodwill and other assets; gain on sale of property, plant and equipment; LHX NeXt implementation costs; other (charges for severance and other termination costs and charges related to an additional pre-merger legal contingency); and non-operating income adjustments. Refer to the disclosures in the non-GAAP financial measures section of this press release for more information. Non-GAAP effective tax rate is reconciled in table 7. |
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