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L3Harris10-Q: Spinoff

Planning spinoff of new public company 'AXYV' via carve-out and IPO

What happened

L3Harris is actively working on a carve-out and public offering for a new entity, AXYV.

Source

SEC EDGARJul 30, 2026

Quarterly report (Form 10-Q)

L3Harris 10-Q

Filing excerpt

Includes costs related to pursuing acquisition and divestiture portfolio optimization; non-transaction costs related to divestitures; costs related to the carve-out and planned AXYV public offering; salaries of employees in roles dedicated to planned strategic transaction activity; and resolution of a procurement contract matter.

sec.gov/Archives/edgar/data/202058/000020205826000058/hrs-20260703.htmRead the full source

Other signals in this filing (6)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Spinoff

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
07/03
Filed
Jul 30, 2026

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The full record

From the Signal API record

Numbers

Dollar figure
$40M (Year-to-date acquisition, divestiture and transaction-related expenses, which includes costs for the planned AXYV spinoff)

Details

CIK
202058
Accession number
0000202058-26-000058
Timeframe
Current year
Filing year
2026
Fiscal year
0
Why it matters
New entity needs vendors
Signal category
Strategic

Extraction

Confidence
High
Relevance
100%
Sentiment
Neutral
Detected
Aug 4, 2026
signal_type
sec-10q
signal_subtype
spinoff

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This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/5dd48969-0c42-437e-95d9-49a2baf61347 returns this record as JSON. POST /v1/companies/enrich returns every signal for l3harris.com.

{
  "signal_id": "5dd48969-0c42-437e-95d9-49a2baf61347",
  "signal_type": "sec-10q",
  "signal_subtype": "spinoff",
  "detected_at": "2026-08-04T07:05:16.578+00:00",
  "company": {
    "name": "L3Harris",
    "domain": "l3harris.com"
  },
  "data": {
    "detail": "L3Harris is actively working on a carve-out and public offering for a new entity, AXYV. This creates a net-new company that will need to establish its own independent corporate infrastructure, including IT, finance, HR, and legal systems, presenting a major greenfield opportunity for vendors.",
    "metrics": {
      "timeframe": "current_year",
      "dollar_context": "Year-to-date acquisition, divestiture and transaction-related expenses, which includes costs for the planned AXYV spinoff",
      "dollar_millions": 40
    },
    "summary": "Planning spinoff of new public company 'AXYV' via carve-out and IPO",
    "excerpts": "Includes costs related to pursuing acquisition and divestiture portfolio optimization; non-transaction costs related to divestitures; costs related to the carve-out and planned AXYV public offering; salaries of employees in roles dedicated to planned strategic transaction activity; and resolution of a procurement contract matter.",
    "relevance": 1,
    "sentiment": "neutral",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/202058/000020205826000058/hrs-20260703.htm",
    "filing_date": "2026-07-30",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "07/03",
    "sales_relevance": "New entity needs vendors",
    "signal_category": "strategic"
  }
}

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