Risk Factors Update Summary
- Revenue from U.S. Government customers increased from 74% to 76% in fiscal 2023.
- The company announced LHX NeXt, a program to enhance organizational agility, in fiscal 2023.
- Revenue from fixed-price contracts decreased from 73% to 27% in fiscal 2023.
- The company's revenue, operating income, and orders in the CS segment were adversely impacted by supply chain disruptions.
- International business transacted with non-U.S. customers increased from 20% to 23% in 2023.
- The company's unfunded defined benefit plan liabilities decreased from $262 million to $227 million.
- The company's outstanding debt increased from $7 billion to $11 billion.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=202058&owner=exclude
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