10-QPeriod: Q1 FY2009

L3HARRIS TECHNOLOGIES, INC. /DE/ Quarterly Report for Q1 Ended Mar 28, 2008

Filed May 6, 2008For Securities:LHX

Summary

L3 Technologies (LHX) filed its 10-Q for the period ending March 27, 2008, providing an unaudited look at its financial performance and position. The filing primarily covers the third quarter of its fiscal year, highlighting key financial statements and management's discussion of the results. Investors should note the inclusion of the Condensed Consolidated Statements of Income, Balance Sheet, and Cash Flows, which offer a snapshot of the company's operational and financial health during this period. Management's Discussion and Analysis (MD&A) is crucial for understanding the drivers behind the reported figures, including factors influencing revenue, profitability, and cash flows. While specific financial figures are not detailed in the provided filing summary, this section typically elaborates on the company's performance, its liquidity, capital resources, and any significant trends or events impacting the business. Investors should pay close attention to the MD&A to gauge the company's strategic direction and outlook. The filing also includes important disclosures on market risk, controls, legal proceedings, and risk factors, offering a comprehensive view of the company's operating environment and potential challenges.

Key Highlights

  • 1The filing provides unaudited financial statements for the third quarter and nine months ended March 28, 2008, and comparative periods in 2007.
  • 2Key financial statements include the Condensed Consolidated Statements of Income, Balance Sheet, and Cash Flows.
  • 3Management's Discussion and Analysis (MD&A) offers insights into the company's financial condition, results of operations, liquidity, and capital resources.
  • 4Disclosures regarding market risk, controls and procedures, legal proceedings, and risk factors are included to provide a complete picture of the company's operational landscape.
  • 5The report covers the period ending March 27, 2008, with the filing date of May 5, 2008.
  • 6Investors can find information on unregistered sales of equity securities and use of proceeds, if any.

Frequently Asked Questions

The primary purpose of this 10-Q filing is to provide L3 Technologies' investors with an update on the company's financial performance and condition for the third quarter and the year-to-date period ending March 28, 2008. It includes unaudited financial statements and management's analysis of the results.

Detailed financial performance figures can be found within the 'Condensed Consolidated Statement of Income' and further elaborated in the 'Management's Discussion and Analysis of Financial Condition and Results of Operations' sections of the filing.

While specific risks are detailed in 'Item 1A. Risk Factors', a review of the 'Management's Discussion and Analysis' and 'Risk Factors' sections is necessary to understand the company's perspective on potential challenges, market risks, and other factors that could impact its financial performance.

Yes, 'Item 1. Legal Proceedings' within Part II of the filing would contain information regarding any significant legal proceedings that the company is involved in during this reporting period.