Defense contractor L3Harris Technologies today reported first-quarter 2023 revenue of nearly $4.5 billion, a 9% year-over-year increase from $4.1 billion in Q1 2022, thanks to $5.8 billion in orders across the company’s revenue streams. Backlog reached $24.5 billion, up 16% YoY from $21 billion in Q1 2022. WHY IT MATTERS: Despite the increase in revenue […]
