L3Harris Raises Full-Year Outlook After Record Backlog

Defense contractor L3Harris raised its full-year outlook after third-quarter revenue rose 7% to $6.06 billion, pushing its backlog to a record $53.2 billion. Diluted earnings per share jumped 33% to $3.28, while the company now expects 2026 GAAP earnings of $12.25 to $12.35 a share.