United States securities and exchange commission logo
January 17, 2024
Kenneth L. Bedingfield
Senior Vice President and Chief Financial Officer
L3Harris Technologies, Inc.
1025 West NASA Boulevard
Melbourne, FL 32919
Re: Trans American
Aquaculture, Inc.
L3Harris
Technologies, Inc.
Form 10-K for the
Fiscal Year Ended December 30, 2022
Response Dated
January 9, 2024
File No. 001-03863
Dear Kenneth L. Bedingfield:
We have reviewed your January 9, 2024 response to our comment
letter and have the
following comment.
Please respond to this letter within ten business days by
providing the requested
information or advise us as soon as possible when you will respond. If
you do not believe a
comment applies to your facts and circumstances, please tell us why in
your response.
After reviewing your response to this letter, we may have
additional comments. Unless
we note otherwise, any references to prior comments are to comments in
our December 22, 2023
letter.
Kenneth L. Bedingfield
FirstName LastNameKenneth
L3Harris Technologies, Inc. L. Bedingfield
Comapany
January 17,NameL3Harris
2024 Technologies, Inc.
January
Page 2 17, 2024 Page 2
FirstName LastName
Response Letter Dated January 9, 2024
Company Response to Staff Comment 3, page 3
1. We note your response to comment 3 that revenue and cost categorized
as product
include amounts from performance obligations that are recognized as
point-in-time
revenue or over-time revenue based on the specific facts and
circumstances. Please tell us
your consideration of disclosing the revenues recognized by each
method. Refer to ASC
606-10-55-89 through 91. Also revise future filings to clarify how you
classify revenues
and cost of revenues within the product and service categories on your
consolidated
statement of operations.
Please contact Stephany Yang at 202-551-3167 or Andrew Blume at
202-551-3254 if you
have questions regarding comments on the financial statements and related
matters.
Sincerely,
Division of
Corporation Finance
Office of
Manufacturing