L3Harris Technologies Inc (FRA:HRS)
€ 226.8 0.6 (0.27%) Market Cap: 43.77 Bil Enterprise Value: 55.15 Bil PE Ratio: 39.03 PB Ratio: 2.47 GF Score: 89/100

L3harris Technologies Inc at Jefferies Industrials Conference (Virtual) Transcript

Aug 06, 2020 / 03:30PM GMT
Release Date Price: €145 (+2.11%)
Sheila Karin Kahyaoglu
Jefferies LLC, Research Division - Equity Analyst

Good morning, everyone. This is Sheila Kahyaoglu with the Jefferies aerospace and defense equity research team. Today, we're lucky enough to have LHX with us. We have Jay Malave, who's SVP and CFO of L3Harris. Prior to becoming CFO of LHX in 2019, Jay served in various financial roles within United Technologies. We also have Rajeev Lalwani here, Vice President of Investor Relations.

Jay is going to start off with a few brief prepared remarks, and then we're going to kick it off with Q&A.

Jay, go ahead. The floor is yours.

Jesus Malave
L3Harris Technologies, Inc. - Senior VP & CFO

Thanks, Sheila, and good morning, everyone. On behalf of the 50,000 L3Harris employees, thank you for having us participate in your conference. And just a few takeaways from our earnings call last week.

First, we continue to execute in a challenging environment, and the benefits of the merger, in just the first 12 months, are quite clear. We've had strong margin expansion.

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