L3harris Technologies Inc at Barclays Industrial Select Conference Transcript

Feb 23, 2022 / 01:00PM GMT
David Egon Strauss - Barclays Bank PLC, Research Division - Research Analyst

All right, everyone. We're going to get started. Well, thanks for joining us. This is the kickoff of the 39th Annual Barclays Industrials Conference. We're super excited to be back in person this year. It was quite the struggle to make this happen, but we're here, and we want to thank our events team for putting in all of this together and a lot of work that went on behind the scenes to get down here.

So I'm David Strauss, U.S. Aerospace and Defense Analyst for Barclays, and we're pleased to kick off the aerospace and defense track today with L3Harris, Chris and Michelle, and thanks for taking the time to support our conference.

So let me get started with the big picture. So we kind of have 2 budget processes going on, I guess, at this point. We've got fiscal '22 that still hasn't been concluded. It looks like we're going to have an extension to the continuing resolution. We had an authorization bill that was passed and looked very good. Maybe you could touch on how the authorization bill looks for you all, the

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