Analyzing Cost of Revenue: RTX Corporation and L3Harris Technologies, Inc.

Analyzing Cost of Revenue: A Tale of Two Giants

In the competitive landscape of the defense and aerospace industry, understanding the cost of revenue is crucial. Over the past decade, RTX Corporation and L3Harris Technologies, Inc. have showcased intriguing trends in their financial strategies. From 2014 to 2023, RTX Corporation consistently maintained a higher cost of revenue, peaking at approximately $65 billion in 2024. This represents a growth of nearly 38% from its 2014 figures. In contrast, L3Harris Technologies, Inc. experienced a more volatile trajectory, with a significant spike in 2019, reaching around $14 billion, a 500% increase from 2014. However, data for 2024 is missing, leaving room for speculation on future trends. These insights highlight the dynamic nature of financial management in the sector, offering a glimpse into the strategic priorities of these industry leaders.