L3Harris Technologies (LHX) risk factors: FY2025 10-K

1. We depend on winning profitable business in competitive markets from U.S. Government customers for a significant portion of our revenue.reworded
2. A reduction in U.S. Government funding or a change in U.S. Government spending priorities could have an adverse impact on our business, financial condition, results of operations, cash flows and equity.
3. Our results of operations and cash flows are substantially affected by our contract mix. Fixed-price contracts, particularly for development programs, could subject us to losses from cost overruns or inflation.reworded
4. The application or impact of negative audit findings, contract termination, unilateral government action, or regulation on our government contracts could have an adverse impact on our business, financial condition, results of operations, cash flows and equity.reworded
5. We participate in markets that are often subject to uncertain economic conditions, which makes it difficult to estimate growth in our markets and, as a result, future income and expenditures.
6. We cannot predict the consequences of future geo-political events, but they may adversely affect the markets in which we operate, our ability to insure against risks, our operations or our profitability.
7. We are subject to government investigations, which could have a material adverse effect on our business, financial condition, results of operations, cash flows and equity.new
8. We derive a significant portion of our revenue from international operations and are subject to the risks of doing business internationally.

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1. We depend on our subcontractors and suppliers, and failures in or disruptions to our supply chain could cause our products and or services to be produced or delivered in an untimely or unsatisfactory manner.
2. Changes in trade policies, including tariffs, could cause adverse impacts to our business.newTariffs
3. We must attract and retain key employees, and any failure to do so could harm us.
4. We could be negatively impacted by a security breach of our Information Technology (“IT”) networks and related systems.rewordedCybersecurity
5. Our future success will depend on our ability to develop new products and services that achieve market acceptance in our current and future markets.
6. We have significant operations in locations that could be materially and adversely impacted in the event of a natural disaster or other significant disruption.
7. Risk of the release, unplanned ignition, explosion, or improper handling of dangerous materials used in our business could disrupt our operations and adversely affect our financial results.new
8. The failure to effectively maintain and modernize our IT systems and infrastructure could adversely affect our business.new

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1. Changes in estimates we use in accounting for many of our programs could adversely affect our future financial condition and results of operations.
2. Our level of indebtedness and our ability to make payments on or service our indebtedness may materially adversely affect our financial and operating activities or our ability to incur additional debt.reworded

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1. Changes in our effective tax rate or additional tax exposures may have an adverse effect on our results of operations and cash flows.
2. We may not be successful in obtaining the necessary export licenses and Congress may prevent proposed sales to certain foreign governments.
3. Environmental issues could have a material adverse effect on our business, financial condition, results of operations, cash flows and equity.
4. Our reputation and ability to do business may be impacted by the improper conduct of our employees, agents or business partners.
5. The outcome of litigation or arbitration in which we are involved from time to time is unpredictable, and an adverse decision in any such matter could have a material adverse effect on our financial condition, results of operations, cash flows and equity.reworded
6. We may become subject to intellectual property infringement claims, and third parties may infringe upon our intellectual property rights.
7. We face certain significant risk exposures and potential liabilities that may not be covered adequately by insurance or indemnity.

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1. Strategic transactions, including mergers, acquisitions and divestitures, and the planned initial public offering (“IPO”) of the Missile Solutions business, involve significant risks and uncertainties that could adversely affect our business, financial condition, results of operations, cash flows and equity.reworded
2. Changes in future business or other market conditions could cause business investments and/or recorded goodwill or other intangible assets to become impaired, resulting in substantial losses and write-downs that would materially adversely affect our results of operations and financial condition.

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Headings in the FY2024 10-K with no match this year.

1. financial condition, results of operations, cash flows and equity.
2. Failure to achieve the expected results of LHX NeXt could adversely affect our future financial condition and results of operations.