Item 1.01 Entry into a Material Definitive Agreement.



On November 22, 2022 (the "Closing Date"), L3Harris Technologies, Inc.
("L3Harris") established a new $2.25 billion, three-year senior unsecured term
loan facility by entering into a Loan Agreement (the "Loan Agreement") with the
lenders from time to time party thereto and JPMorgan Chase Bank, N.A.
("JPMorgan"), as administrative agent. The Loan Agreement provides for term
loans in up to two separate draws no later than June 30, 2023, with the proceeds
to be used: (i) to finance the acquisition of Viasat, Inc.'s tactical data links
product line; (ii) to repay all amounts under L3Harris' $250 million Floating
Rate Notes due 2023; (iii) to pay the fees, costs and expenses incurred in
connection with the foregoing; and (iv) for general corporate purposes in an
amount up to $40 million.

At L3Harris' election, borrowings under the Loan Agreement will bear interest
at: (i) the sum of the term secured overnight funding rate ("SOFR") rate for any
tenor comparable to the applicable interest period, plus 0.10%, plus an
applicable margin between 1.125% and 1.875% (initially 1.250%) that varies based
on the ratings of L3Harris' senior unsecured long-term debt securities (the
"Senior Debt Ratings"); or (ii) the base rate (as described in L3Harris' Current
Report on Form 8-K filed with the Securities and Exchange Commission on August
4, 2022 (the "Existing Credit Agreement 8-K")), plus an applicable margin
between 0.125% and 0.875% (initially 0.250%) that varies based on the Senior
Debt Ratings.

The Loan Agreement matures on November 21, 2025. L3Harris may prepay amounts
borrowed under the Loan Agreement at any time, and L3Harris is required to
prepay all outstanding term loans ratably from the proceeds of any new
indebtedness, subject to certain exceptions set forth in the Loan Agreement,
including with respect to any proceeds received from: (i) the existing Revolving
Credit Agreement, dated as of July 29, 2022 (the "Existing Credit Agreement"),
by and among L3Harris, the lenders from time to time party thereto and JPMorgan
as administrative agent; (ii) indebtedness incurred in the ordinary course of
business; (iii) indebtedness used to fund any acquisition; (iv) refinancings;
(v) commercial paper issuances; (vi) letters of credit; (vii) working capital
facilities of foreign subsidiaries; and (viii) other indebtedness in an
aggregate principal amount not greater than $500 million. At the Closing Date,
no borrowings were outstanding under the Loan Agreement.

The Loan Agreement requires L3Harris to pay a quarterly unused commitment fee
commencing on January 17, 2023 at an applicable rate per annum between 0.090%
and 0.250% (initially 0.110%) that varies based on the Senior Debt Ratings. The
Loan Agreement also contains representations, warranties, covenants and events
of default that are substantially similar to those in the Existing Credit
Agreement, as described in the Existing Credit Agreement 8-K.

Certain of the financial institutions party to the Loan Agreement and/or their
respective affiliates are parties to the Existing Credit Agreement.
Additionally, such financial institutions and/or their respective affiliates
from time to time have performed, and may in the future perform, various
financial advisory, commercial banking and investment banking services for
L3Harris for which they have received or will receive customary fees and
expenses.

The foregoing description of the Loan Agreement is only a summary, does not purport to be complete and is qualified in its entirety by reference to the full text of the Loan Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference into this Item 1.01.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The disclosure set forth in Item 1.01 of this Current Report on Form 8-K related to the Loan Agreement is incorporated by reference into this Item 2.03.


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Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

The following exhibits are filed herewith:

Exhibit


Number        Description
10.1*           Loan Agreement, dated as of November 22, 2022, by and among

L3Harris Technologies, Inc. and the other parties thereto. 104

           Cover Page Interactive Data File formatted in Inline XBRL.


* Certain schedules and similar attachments have been omitted in reliance on
Instruction 4 of Item 1.01 of Form 8-K and Item 601(a)(5) of Regulation S-K.
L3Harris will provide, on a supplemental basis, a copy of any omitted schedule
or attachment to the Securities and Exchange Commission or its staff upon
request.
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