What is the main purpose of this 8-K filing?

The main purpose of this 8-K filing is to update L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX)'s business segment reporting structure to reflect changes in its organizational management, effective for fiscal year 2008. This ensures that investors have an accurate understanding of how the company's operations are segmented and reported.

Has L3HARRIS TECHNOLOGIES, INC. /DE/ reported any new financial results in this filing?

No, this filing does not present any new consolidated financial results. It only updates the segment definitions and reporting structure. The company explicitly states that there is no impact on previously reported consolidated financial statements for fiscal year 2007.

What are the new business segments for L3HARRIS TECHNOLOGIES, INC. /DE/?

For fiscal year 2008, L3HARRIS TECHNOLOGIES, INC. /DE/ will report financial information for four business segments: 1) Defense Communications and Electronics, 2) Government Communications Systems, 3) Broadcast Communications, and 4) Harris Stratex Networks.

Where can I find financial information reflecting these new segments?

The updated segment information is reflected in Exhibit 99 of this 8-K filing, which updates specific sections of the Fiscal 2007 Form 10-K. For developments and financial results subsequent to fiscal year 2007 that incorporate these new segments, investors should refer to the company's Quarterly Report on Form 10-Q for the period ending September 28, 2007.

LHX 8-K SEC Disclosure

Summary

L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX) filed this Current Report on Form 8-K on November 9, 2007, to update its historical business segment information from its Fiscal 2007 Form 10-K. The primary purpose of this filing is to reflect a change in the company's organizational structure and segment reporting, effective for the fiscal year 2008. This update is crucial for investors to understand how the company is internally managing its operations and how financial results will be presented going forward. The key change involves the consolidation of the Defense Programs area, previously part of Government Communications Systems, with the RF Communications business. This combined entity will now be reported as the Defense Communications and Electronics segment. The company will now report on four distinct business segments: Defense Communications and Electronics, Government Communications Systems, Broadcast Communications, and Harris Stratex Networks. Investors should note that this filing primarily provides updated segment definitions and reporting structure, with no impact on previously reported consolidated financial results for fiscal 2007.

Key Highlights

1Company is updating its business segment reporting structure for fiscal year 2008.
2The 'Defense Programs' area is combined with 'RF Communications' to form a new segment: 'Defense Communications and Electronics'.
3The company will now report financial information across four business segments: Defense Communications and Electronics, Government Communications Systems, Broadcast Communications, and Harris Stratex Networks.
4This update reflects a change in how the company manages its government businesses.
5The filing includes updated information for Item 1 (Business), Item 7 (MD&A), and Item 8 (Financial Statements and Supplementary Data) within the Fiscal 2007 Form 10-K.
6There is no impact on previously reported consolidated financial statements (income, balance sheets, cash flows, etc.) for fiscal 2007.
7The changes are effective for fiscal year 2008, which began June 30, 2007.

L3HARRIS TECHNOLOGIES, INC. /DE/ 8-K Report, Corporate Update (Nov 9, 2007)

Summary

Key Highlights

Frequently Asked Questions