LHX

AI Research

Missile Solutions IPO Planned + 2026 Revenue Guided $23-23.5B → Dividend Raised to $1.25/Quarter

L3Harris Technologies named Ken Bedingfield to lead the Missile Solutions segment and prepare it for an initial public offering later in 2026, while Kenneth Sharp was appointed as the new CFO effective March 16, 2026, creating a significant leadership realignment for the defense technology company. The company reported 2025 revenue of $21.9 billion (+5% organic), orders of $27.5 billion with a 1.3x book-to-bill ratio, and guided 2026 revenue to $23.0-23.5 billion, reflecting strong defense program momentum. L3Harris raised its quarterly dividend to $1.25 per share ($5.00 annualized), payable March 20, and the stock has delivered a 72.37% total return over one year to $361.72.