L3Harris Technologies, Inc. (LHX) Q3 2022 Earnings Call Transcript

L3Harris Technologies, Inc. (NYSE:LHX) Q3 2022 Earnings Conference Call October 28, 2022 8:30 AM ET

Company Participants

Rajeev Lalwani - Vice President, Investor Relations

Chris Kubasik - Chief Executive Officer

Michelle Turner - Chief Financial Officer

Conference Call Participants

Sheila Kahyaoglu - Jefferies

Robert Stallard - Vertical Research Partners

Richard Safran - Seaport Research Partners

Doug Harned - Bernstein

Scott Deuschle - Credit Suisse

David Strauss - Barclays

Gautam Khanna - Cowen

Peter Arment - Baird

Ken Herbert - RBC Capital Markets

Ron Epstein - Bank of America

Operator

Greetings. Welcome to the L3Harris Technologies Third Quarter Calendar Year 2022 Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference call is being recorded.

It is now my pleasure to introduce your host, Rajeev Lalwani, Vice President of Investor Relations. Thank you. You may now begin.

Rajeev Lalwani

Thank you, Rob. Good morning and welcome to our third quarter 2022 earnings call. We published our investor letter after the market closed yesterday Today's call will primarily be focused on answering your questions.

Joining me for the call are Chris Kubasik, our CEO; and Michelle Turner, our CFO. A few words on forward-looking statements and non-GAAP measures.

A few words on forward-looking statements and non-GAAP measures. Forward-looking statements involve risks, assumptions, and uncertainties that could cause actual results to differ materially. For more information, please see our investor letter and SEC filings.

A reconciliation of non-GAAP financial measures to comparable GAAP measures is included in the Investor Relations section of our website, which is l3harris.com, where a replay of this call will also be available.

Before going to questions, Chris will make some brief comments.

Chris Kubasik

In the midst of quarterly results and financial outlooks, we can easily lose sight of the importance of the mission. Delivering the technologies to our war fighters who are never in a fair fight is imperative.

Earlier this week, we lost a great American and pioneer in Defense. Dr. Ash Carter fostered collaboration between Silicon Valley, the defense industrial base, and the Pentagon. He successfully changed the way we combat terrorists and he opened combat roles to women. Many of us at L3Harris, including our Board of Directors, either knew or worked for Ash Carter. We all send our deepest condolences to his family and friends.