LHX · 10-Q · 2026Q4 · Full report
Portfolio Reshaping (M&A / Divestiture)
L3HARRIS TECHNOLOGIES, INC. /DE/ · 2026-10-29 · Importance 53 · Surprise 60 · Matches filing data
L3Harris completed the sale of its Space Technology disposal group on August 3, 2026; the business had been reported in Missile Solutions through the sale date. The divestiture generated $539 million in net cash proceeds, subject to final purchase-price adjustments, and reduced contractual backlog by approximately $2.0 billion. Its revenue impact was a $103 million reduction in third-quarter consolidated revenue, including $80 million in Propulsion Systems and $23 million in Advanced Effects.
Key facts
- L3Harris completed the Space Technology disposal group divestiture in 2026 for net cash proceeds of $539 million, subject to final purchase-price adjustments; it completed the CAS disposal group divestiture in 2025 for net cash proceeds of $831 million. source
- L3Harris completed the sale of its Space Technology disposal group on August 3, 2026; the group was reported in Missile Solutions through the divestiture date. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | +1.2% | L3Harris completed the Space Technology disposal group divestiture in 2026 for net cash proceeds of $539 million, subject to final… |