RTX Corporation or L3Harris Technologies, Inc.: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: RTX Corporation or L3Harris Technologies?

In the competitive landscape of aerospace and defense, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, RTX Corporation and L3Harris Technologies, Inc. have shown distinct strategies in handling these costs. From 2014 to 2023, RTX Corporation consistently reported higher SG&A expenses, peaking in 2019 with a staggering 8.5 billion dollars. In contrast, L3Harris Technologies demonstrated a more conservative approach, with expenses reaching their zenith in 2020 at 3.3 billion dollars. Interestingly, both companies have shown a downward trend in recent years, with RTX reducing its SG&A costs by approximately 29% from 2019 to 2023, while L3Harris saw a 42% decrease from its 2020 peak. This data highlights the dynamic strategies employed by these industry giants in optimizing operational efficiency.