Operating Margin: Second quarter operating margin decreased 80 bps primarily from higher domestic tactical radio mix and timing of software sales, partially offset by LHX NeXt cost savings and the favorable impact of legal settlements.
AR
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Second Quarter |
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Year to Date |
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2024 Guidance* |
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($ millions) |
2024 |
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2023 |
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Change |
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2024 |
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2023 |
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Change |
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Revenue |
$ |
581 |
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$ |
— |
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$ |
1,123 |
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$ |
— |
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$2,400 - $2,500 |
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Operating margin |
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12.9 |
% |
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— |
% |
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13.1 |
% |
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— |
% |
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high 11%* |
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