L3Harris Technologies, Inc. (NYSE:LHX) Q4 2023 Earnings Conference Call January 26, 2024 8:30 AM ET

Company Participants

Mark Kratz - Vice President, Investor Relations

Christopher Kubasik - Chair and Chief Executive Officer

Kenneth Bedingfield - Senior Vice President and Chief Financial Officer

Conference Call Participants

Scott Deuschle - Deutsche Bank

Douglas Harned - Bernstein

Ronald Epstein - Bank of America

David Strauss - Barclays

Michael Ciarmoli - Truist Securities

Peter Arment - Baird

Seth Seifman - JPMorgan

Robert Spingarn - Melius Research

Myles Walton - Wolfe Research

Sheila Kahyaoglu - Jefferies

Robert Stallard - Vertical Research Partners

Operator

Greetings. Welcome to the L3Harris Technologies' Fourth Quarter 2023 Earnings Call. At this time, all participants are in listen-only mode. A brief question-and-answer session will follow the opening remarks. [Operator Instructions] As a reminder, this conference call is being recorded.

It is now my pleasure to introduce your host, Mark Kratz, Vice President of Investor Relations. You may begin.

Mark Kratz

Thank you, Rob. Good morning, everyone, and welcome to our Fourth Quarter 2023 Earnings Call. Joining me this morning are Chris Kubasik, our CEO; and Ken Bedingfield, our CFO. We've updated our quarterly earnings approach based on feedback and yesterday evening, we published our fourth quarter earnings release detailing our financial results and guidance.

We've also provided a supplemental earnings presentation on our website. As a reminder, today's discussion will include certain matters that constitute forward-looking statements. These statements involve risks, assumptions, and uncertainties that could cause actual results to differ materially.

For more information, please reference our earnings release and SEC filings. We also discuss non-GAAP financial measures which are reconciled to GAAP measures in the earnings release. Specifically, I will note, segment operating income, which excludes items such as impairments to goodwill and other assets reported at the business segment level.

I would now like to turn it over to Chris and Ken for some opening remarks.

Christopher Kubasik

Okay. Thanks, Mark, and welcome, Ken, to your first L3Harris earnings call. We're excited to have you on the team.

Kenneth Bedingfield

Thanks, Chris. I'm excited to be a part of the team.

Christopher Kubasik

All right. I want to start by thanking our investors and analysts for attending our Investor Day last month. We had a great turnout and appreciate the strong positive feedback from the event. 2023 marked the fourth full year since the merger and served as an inflection point in many respects.