On April 1, 2026, L3Harris Technologies, Inc. announced that it has received a shareholder proposal from John Chevedden, regarding a proposal on improve shareholder ability to call for a special shareholder meeting. In addition, the Company recommended the shareholders to vote against the proposal at the annual meeting of shareholders scheduled to be held on May 11, 2026.
L3Harris Technologies, Inc. specializes in the design, manufacturing and marketing of information and communication equipment for the defense, government agency, and commercial structure markets. Net sales break down by family of products as follows:
- integrated mission systems (31.4%): intelligence, surveillance and reconnaissance systems, communication systems, electrical and electronic systems for marine platforms, advanced electro-optical and infrared solutions, etc.;
- space and airborne systems (30%): payload systems, sensors, complete mission solutions, confidential intelligence systems, cyber defense solutions, electronic warfare systems, etc.;
- communication systems (25.7%): tactical communication systems, broadband communications, integrated visual communications solutions, etc.;
- propulsion, power generation and defence systems (12.9%).
Net sales break down by source of income between sales of products (70.8%) and services (29.2%).
The United States account for 77.2% of net sales.
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