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Investor Presentaiton

FORWARD-LOOKING STATEMENTS Statements in this 2023 Investor Day presentation that are not historical facts are forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance on the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements in this Investor Day presentation include but are not limited to: fiscal year 2023 guidance; disposition of non-core assets; LHX Next costs, savings and impacts on future performance; our pipeline and the domestic and international demand environment, including the U.S. DoD budget and budget line items and international spending levels; program, contract and order opportunities, market sizes and estimated percentage addressable by us; future production opportunities, refresh cycles, awards and program ramps and the value or potential value and timing thereof, including related to tactical data links; supply chain resiliency initiatives and labor efficiency; technology capabilities and program timing; 2024 framework; long term targets, including 2026 framework financial objectives and growth projections; estimated capital deployment and capital allocation strategy, including return of cash to shareholders; leverage ratio targets; and other statements regarding the business outlook and financial performance guidance that are not historical facts. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. The company's consolidated results, future trends and forward-looking statements could be affected by many factors, risks and uncertainties, including but not limited to: in U.S. Government spending priorities; changes in the mix of fixed-price, cost-plus and time-and-material type contracts and the impact of a significant increase in or sustained period of increased inflation; risks relating to the divestiture of our Commercial Aviation Solutions (CAS) business, including risks related to regulatory approval; the termination, failure to fund, or negative audit findings for U.S. Government contracts, including the impacts of any continuing resolution, supplemental legislation or failure to pass a U.S. Government budget; the U.S. Government's budget deficit and the national debt; uncertain economic conditions; the consequences of future geo-political events; the impact of government investigations; the risks of doing business internationally; disputes with our subcontractors or key suppliers, or their inability to perform or timely deliver our components, parts or services; the attraction and retention of key employees; the ability to develop new products and services and technologies that achieve market acceptance; the ability to successfully review the company's business and optimize its portfolio, performance, and operations, manage our growth and achieve performance targets; natural disasters or other significant business disruptions; natural disasters or other significant business disruptions; changes in accounting estimates; indebtedness and ability to make payments on, repay or service indebtedness; unfunded defined benefit plans liability; any downgrade in credit ratings; the level of returns on defined benefit plan assets, changes in interest rates and other market factors; changes in effective tax rate or additional tax exposures; the ability to obtain export licenses or make sales to foreign governments; unforeseen environmental issues, including regulations related to GHG emissions or change in customer sentiment related to environmental sustainability, including in relation to Aerojet Rocketdyne; the impact of any improper conduct of employees, agents or business partners; the outcome of litigation or arbitration; potential claims related to infringement of intellectual property rights or environmental remediation or other contingencies; expanded operations from the acquisition of the TDL product line and Aerojet Rocketdyne; risks related to other strategic transactions, including mergers, acquisitions and divestitures. The level and timing of share repurchases will depend on a number of factors, including the company's financial condition, capital requirements, cash flow, results of operations, future business prospects and other factors. Notwithstanding any statements regarding the return of cash to shareholders, the timing, volume and nature of share repurchases are subject to business and market conditions, applicable securities laws, and other factors, are at the discretion of the company and may be suspended or discontinued at any time without prior notice. Further information relating to these and other factors that may impact the company's results, future trends and forward-looking statements are disclosed in the company's filings with the SEC. The forward-looking statements contained in this Investor Overview are made as of the date of this Investor Overview, and the company disclaims any intention or obligation, other than imposed by law, to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Persons reading this 2023 Investor Day presentation are cautioned not to place undue reliance on forward-looking statements. L3HARRIS Investor Day 2023 3
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