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L3Harris (LHX) backlog: remaining performance obligations

How much revenue L3Harris already has under contract, how fast it converts, and who it is with.

Data as of .

L3Harris backlog history

$0$20B$40BSep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025ct 2025pr 2026ul 2026Backlog (RPO)Trailing 12-month revenue
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in USD. Source: SEC XBRL filings.
Quarter endBacklog (RPO)TTM revenueCoverageCustomer prepayments
3 Jul 2026$42.0Bn/an/a$2.94B
3 Apr 2026$40.7Bn/an/a$2.74B
2 Jan 2026$38.7Bn/an/a$2.26B
3 Oct 2025$36.3B$21.7B1.7 yrs$2.23B
27 Jun 2025$35.4B$21.4B1.7 yrs$2.32B
28 Mar 2025$33.2B$21.2B1.6 yrs$2.12B
3 Jan 2025$34.2B$21.3B1.6 yrs$2.14B
27 Sep 2024$33.8B$21.1B1.6 yrs$1.88B
28 Jun 2024$31.7B$20.8B1.5 yrs$1.89B
29 Mar 2024$32.1B$20.2B1.6 yrs$1.78B
29 Dec 2023$32.7B$19.4B1.7 yrs$1.90B
29 Sep 2023$31.8B$18.7B1.7 yrs$1.94B

Questions

What is L3Harris's backlog?
L3Harris reported $42.0B of remaining performance obligations at 3 Jul 2026, up 19% from a year earlier and up 3% from the previous quarter. Book-to-bill last quarter: 1.22.

About these numbers

Remaining performance obligations (RPO) are revenue a company has contracted but not yet recognised, as reported in its SEC filings (XBRL tag RevenueRemainingPerformanceObligation). Coverage = backlog ÷ trailing twelve-month revenue. Book-to-bill = (change in backlog + revenue) ÷ revenue. Conversion = revenue recognised ÷ the backlog at the start of each quarter, summed over four quarters. Counterparty values come from company filings and releases.