Supply chain woes lower L3Harris' Q3 revenue

by Marc Selinger

L3Harris Technologies is having trouble getting electronic components for its military radios because of pandemic-related disruptions in the global supply chain, according to the US defence contractor.

The problem contributed to a 1% decline, to USD4.2 billion, in L3Harris' organic revenue in the third quarter of 2021, the company reported on 29 October.

“No company is immune, including L3Harris, to global supply chain pressures,” L3Harris CEO Christopher Kubasik told analysts.

Already a Janes subscriber? Read the full article via the Client Login
Interested in subscribing, see What we do

Share

https://www.janes.com/defence-news/news-detail/supply-chain-woes-lower-l3harris-q3-revenue

L3Harris Technologies is having trouble getting electronic components for its military radios becaus...

Request Consultation

Request a free consultation to discover how Janes can provide you with assured, interconnected open-source intelligence.

Details