L3Harris Technologies, Inc. (NYSE:LHX) reported the results of its 2026 Annual Meeting of Shareholders held Monday. According to a press release statement and SEC filing, shareholders voted on four main proposals.The aerospace and defense company, with a market capitalization of $57.67 billion, is a prominent player in its industry with annual revenue of $22.48 billion.
All eleven nominees to the company’s Board of Directors were elected to serve one-year terms expiring at the 2027 annual meeting. The elected directors are Sallie Bailey, Thomas Dattilo, Roger Fradin, Joanna Geraghty, Kirk Hachigian, Harry Harris, Jr., Lewis Hay III, Christopher Kubasik, David Regnery, Edward Rice, Jr., and Christina Zamarro. Each nominee received a majority of votes cast in favor.
Shareholders also approved, on an advisory basis, the compensation of the company’s named executive officers. The proposal received 148,177,289 votes in favor, 7,936,376 against, and 309,716 abstentions, with 15,848,496 broker non-votes recorded.
In addition, shareholders ratified the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm for the fiscal year ending January 1, 2027. The ratification received 164,235,648 votes in favor, 7,755,930 against, and 280,299 abstentions.
A shareholder proposal titled “Improve Shareholder Ability to Call for a Special Shareholder Meeting” was not approved. The proposal received 51,888,937 votes in favor, 104,022,702 against, and 511,742 abstentions. There were 15,848,496 broker non-votes.
The company reported that 172,271,877 shares, representing approximately 92.2% of shares outstanding as of the March 13, 2026 record date, were represented at the meeting.
This information is based on a press release statement and the company’s Form 8-K filing with the Securities and Exchange Commission.
In other recent news, L3Harris Technologies reported strong financial results for the first quarter of fiscal 2026. The company exceeded both earnings and revenue expectations, with earnings per share reaching $2.72, surpassing the projected $2.52. Revenue also exceeded forecasts, coming in at $5.7 billion compared to the anticipated $5.43 billion. This performance represents a positive surprise of 7.94% for earnings and 4.97% for revenue. Additionally, Bernstein SocGen Group lowered its price target for L3Harris from $435 to $405, while maintaining an Outperform rating. The firm cited strong growth prospects in the company’s space, solid rocket motor, and tactical communications businesses, which align with Department of Defense priorities. These recent developments reflect ongoing investor interest and analyst attention on L3Harris Technologies.
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