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L3Harris Technologies LHX Missile Solutions — CapEx

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Other financials

Income statement

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Revenue$5.9B+8.4%
Gross profit$1.5B+12.5%
Operating income$654.0M+14.5%
Net income$600.0M+31.0%
EPS (diluted)$3.13+28.3%

Balance sheet

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Cash & equivalents$1.5B+216%
Total debt$12.8B+4.6%
Total equity$19.9B+3.1%
Total assets$42.9B+4.1%

Cash flow

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Operating cash flow$879.0M+37.3%
CapEx$108.0M+22.7%
Free cash flow$771.0M+39.7%

Valuation

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Market cap$50.65B-1.5%
Enterprise value$61.95B-2.0%
P/E27×-3.3×
P/S1.3×-0.1×

Profitability

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Gross margin25.6%-0.3pp
Operating margin10.3%+0.9pp
Net margin4.8%+0.2pp
FCF margin7.2%+1.4pp

Returns & leverage

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Return on equity9.6%+0.7pp
Debt / equity0.6×0.0×
Current ratio1.2×+0.1×

Where this comes from

Reported directly by L3Harris Technologies in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The official record: L3Harris Technologies’s 10-Q, filed July 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is L3Harris Technologies's missile solutions — capex?
L3Harris Technologies (LHX) reported missile solutions — capex of $38M in Q2 2026.
What does missile solutions — capex mean?
This metric tracks the funds used by the Missile Solutions segment to acquire, upgrade, or maintain physical assets such as manufacturing facilities and specialized machinery. It serves as a proxy for the company's long-term investment in the segment's production capacity and technological capabilities. High levels of expenditure often signal future growth initiatives or necessary modernization efforts.