Operator

Greetings. Welcome to the L3Harris Technologies First Quarter 2026 Earnings Conference Call. [Operator Instructions] As a reminder, this call is being recorded.

It is now my pleasure to introduce your host, Tony Calderon, Vice President, Investor Relations and Corporate Development. Thank you. Tony, you may now begin.

Tony Calderon
Vice President of Investor Relations & Corporate Development

Thank you, Tiffany, and good morning, everyone. Joining me today are Chairman and CEO, Chris Kubasik; and CFO, Ken Sharp.

Earlier this morning, we published our first quarter earnings release detailing our financial results and updated 2026 guidance. We also filed our 10-Q and provided a supplemental earnings presentation on our website.

Before we begin, please note that today’s discussion will include forward-looking statements subject to risks, assumptions and uncertainties that could cause actual results to differ materially. For more information, please refer to our earnings release and SEC filings.

We will also discuss non-GAAP financial measures, which are reconciled to GAAP measures in the earnings release.

With that, let me turn it over to Chris.

Choosing the right LED power supply supplier is one of the most important decisions in any lighting project.

While LED strips and modules often get the most attention, the power supply is the backbone of the entire system. A poor-quality unit can lead to flickering, overheating, reduced lifespan, and even safety hazards.

For businesses sourcing Waterproof LED strip lights wholesale, selecting a reliable LED Power Supply supplier is essential to ensure system compatibility, efficiency, and long-term performance. Whether you are a contractor, distributor, or project developer, understanding what to look for before buying can save time, money, and future complications.

Why the Right LED Power Supply Supplier Matters

An LED power supply converts incoming AC power into low-voltage DC output required by LED strips and modules. If this conversion is unstable or inefficient, it directly affects lighting quality and durability.

A trusted supplier ensures:

• Stable voltage output
• Consistent performance across installations
• Safety compliance with international standards
• Long operational lifespan
• Compatibility with LED strips and modules

Companies like dekingled recognize that a high-quality lighting system starts with a dependable power foundation.

Check Product Quality and Build Standards

The first thing to evaluate when choosing a supplier is product quality. A reliable LED Power Supply should be manufactured using high-grade internal components such as capacitors, transformers, and circuit boards.

Low-quality units often fail prematurely due to poor construction, leading to increased maintenance costs and system downtime.

Look for suppliers who emphasize:

• Durable casing materials
• Heat-resistant components
• Stable output performance
• Thorough product testing

Dekingled focuses on delivering power solutions that meet strict quality control standards, ensuring long-term reliability in both indoor and outdoor applications.

Waterproof Protection for Demanding Environments

Many LED installations operate in environments exposed to moisture, dust, or weather conditions. In these cases, a standard power supply is not sufficient.

When sourcing Waterproof LED strip lights wholesale, it is essential to pair them with a compatible waterproof power supply. A properly sealed unit protects internal components from water ingress, corrosion, and environmental damage.

A high-quality waterproof LED Power Supply should feature:

• Sealed housing with proper IP rating
• Protection against humidity and dust
• Reliable performance in outdoor conditions

Dekingled offers waterproof power solutions designed to work seamlessly with their LED strips, ensuring complete system protection.

Output Stability and Performance

Voltage stability is critical for LED performance. Fluctuations in output can cause flickering, uneven brightness, and reduced lifespan of LED strips.

Before choosing a supplier, ensure their LED Power Supply products provide:

• Constant voltage or constant current output
• Low ripple and noise levels
• Protection against overload and short circuits

A reliable supplier will clearly provide technical specifications and performance data for their products.

Compatibility with LED Strip Systems

Compatibility is often overlooked but extremely important. Not all power supplies work efficiently with every LED strip type. Mismatched voltage or wattage can result in poor performance or damage to the system.

If you are purchasing Waterproof LED strip lights wholesale, it is best to work with a supplier that also understands LED strip requirements.

Dekingled provides both LED strips and compatible power solutions, ensuring seamless integration and reducing the risk of technical issues during installation.

Energy Efficiency and Cost Savings

Energy efficiency plays a major role in modern lighting systems, especially in commercial and industrial environments where lights operate for extended periods.

A high-quality LED Power Supply minimizes energy loss during conversion, reducing electricity consumption and heat generation.

Efficient power supplies offer:

• Higher conversion efficiency
• Lower operating costs
• Reduced heat output
• Improved system lifespan

Dekingled integrates energy-efficient designs into its power supply solutions, helping businesses achieve long-term cost savings.

Certifications and Safety Standards

Safety is a critical consideration when choosing an LED power supply supplier. Products should comply with international standards to ensure safe operation and regulatory approval.

Look for certifications such as:

• CE (European Conformity)
• RoHS (Restriction of Hazardous Substances)
• UL (Underwriters Laboratories)

A trusted LED Power Supply supplier will provide certified products that meet industry requirements.

Dekingled ensures that its products align with global standards, making them suitable for international markets.

Supplier Experience and Reputation

Experience matters in the LED industry. Established suppliers are more likely to offer consistent quality, reliable delivery, and professional support.

When evaluating a supplier, consider:

• Years of industry experience
• Client portfolio and references
• Product range and specialization
• Customer support capabilities

Dekingled has built a strong reputation by providing dependable lighting solutions and maintaining long-term partnerships with clients worldwide.

Scalability and Bulk Supply Capability

For contractors and distributors, the ability to handle bulk orders is essential. A supplier must be able to deliver consistent quality across large volumes without delays.

If you are sourcing Waterproof LED strip lights wholesale, ensure your supplier can:

• Maintain stable inventory
• Meet project deadlines
• Provide consistent batch quality

Dekingled supports scalable production, making it suitable for both small projects and large commercial installations.

Technical Support and After-Sales Service

A reliable supplier should offer more than just products—they should provide technical guidance and after-sales support.

This includes:

• Assistance with product selection
• Power calculation support
• Installation recommendations
• Troubleshooting help

Working with a supplier like dekingled ensures access to professional support, helping you avoid costly mistakes and optimize system performance.

Conclusion

Choosing the right LED power supply supplier is essential for building reliable, efficient, and long-lasting lighting systems. From product quality and waterproof protection to energy efficiency and technical support, every factor plays a role in overall performance.

For businesses sourcing Waterproof LED strip lights wholesale, pairing them with a high-quality LED Power Supply ensures consistent results and long-term value.

Dekingled stands out as a trusted partner by offering durable LED strips, reliable power solutions, and comprehensive support for professional lighting projects. By choosing the right supplier, you can protect your investment and deliver lighting systems that perform flawlessly for years.

TUCSON, Ariz. — Nearly three months after 84-year-old Nancy Guthrie vanished from her Catalina Foothills home in an apparent abduction, the FBI is advancing advanced DNA analysis on hair and other evidence recovered from the scene while a separate trial date has been set for a man accused of sending a fake ransom text to her daughter, “Today” co-anchor Savannah Guthrie.

Pima County Sheriff Chris Nanos and federal investigators continue to treat the Feb. 1 disappearance as a targeted kidnapping, citing blood spatter at the residence and doorbell camera footage of a masked, armed intruder. No arrests have been made, no suspects publicly identified, and Guthrie’s whereabouts and condition remain unknown as the case approaches its 90th day.

A Pima County judge recently set a trial date for Derrick Callella, charged with sending a fraudulent ransom demand to Savannah Guthrie shortly after the abduction. Callella faces no connection to the actual kidnapping but his case highlights the wave of opportunistic exploitation that followed the high-profile disappearance.

Forensic efforts have intensified. The FBI received a hair sample collected from Guthrie’s home in February and is applying next-generation sequencing technology for deeper analysis, sources familiar with the probe told multiple outlets. FBI officials clarified that the evidence is not new — the bureau requested testing two months ago — but a delay occurred when the Pima County Sheriff’s Office initially sent materials to a private lab.

Retired FBI profiler Jim Clemente analyzed publicly available details of the blood evidence, suggesting Guthrie may have made a “last stand” at her front entrance, coughing up blood while resisting her abductor. Forensic nurse and “Mindhunter” inspiration Ann Burgess has speculated the kidnapping could involve retribution or a botched ransom plot that turned fatal given Guthrie’s age, pacemaker and need for daily medication.

The masked suspect captured on Google Nest footage — described as average build, 5-foot-9 to 5-foot-10, wearing a black backpack — was seen on an earlier reconnaissance visit. A glove recovered miles away yielded additional unknown male DNA now under review. Mixed samples at the home have complicated the forensic puzzle.

Ransom communications have added torment. The family received notes, including messages sent to TMZ claiming Guthrie was seen alive in Sonora, Mexico. Anonymous senders demanded Bitcoin while alternating between claims she is alive and hints she may be dead. Savannah Guthrie addressed the notes publicly in March, expressing cautious belief they could contain genuine information while pleading for her mother’s safe return.

The family offered a $1 million reward in late February for information leading to Nancy’s recovery. Savannah returned to the “Today” anchor desk in early April, delivering an emotional update and resuming duties while the search continues. Family members, including daughter Annie, reportedly passed polygraphs and were cleared.

Investigators explored possible pre-abduction activity around Jan. 11 based on digital evidence. Tens of thousands of tips have poured in, prompting extensive ground, air and drone searches across southern Arizona. Cadaver dog efforts were paused earlier but could resume. No second crime scene has been confirmed.

Neighbors in the upscale Catalina Foothills community expressed growing anxiety that the case may go cold. Some reported FBI follow-ups on local interactions, while others noted increased trespassing by amateur sleuths and true-crime content creators. Sheriff’s officials have urged the public to respect the neighborhood and submit verified tips.

Former FBI agents and profilers describe the motive as potentially straightforward — a ransom kidnapping that went wrong due to Guthrie’s fragile health. Others suggest possible personal connections or retribution. The intruder’s apparent familiarity with the property raises questions about prior surveillance.

Guthrie’s medical vulnerabilities heighten urgency. At 84 with mobility issues, prolonged captivity or exposure without medication would be life-threatening. Her pacemaker adds another layer of concern for investigators.

The case has captivated national attention, drawing parallels to other high-profile abductions of vulnerable adults. Savannah Guthrie has balanced public appeals with privacy, wearing yellow — her mother’s favorite color — on air as a symbol of hope. The family’s cooperation with authorities has been praised.

Challenges include the desert terrain, mixed DNA profiles and the passage of time. Yet officials insist the investigation remains active rather than cold. Advanced genetic genealogy techniques, as used successfully in other cold cases, could prove decisive if rootless hair or other samples yield usable profiles.

The FBI continues offering a $50,000 reward alongside the family’s $1 million. Tips can be submitted anonymously to 1-800-CALL-FBI or local law enforcement. As public updates slow, behind-the-scenes forensic work and tip analysis drive progress.

Community vigils and support for the Guthrie family persist in Tucson. The case has spotlighted risks to elderly residents and the importance of home security even in affluent areas. It also underscores the emotional toll on public figures navigating private crises under intense media scrutiny.

As the calendar turns toward May, the search for Nancy Guthrie enters a new phase. DNA results, digital forensics and persistent public tips offer the best hope for resolution. For Savannah Guthrie and her siblings, every day without answers brings renewed determination alongside grief.

Authorities vow not to rest until Guthrie is found and those responsible are held accountable. The combination of traditional detective work and cutting-edge science keeps the investigation moving forward even as headlines quiet. For a family and a nation watching, the hope remains that science and persistence will bring Nancy home.

LOS ANGELES — Hall of Famer Shaquille O’Neal delivered a blunt on-air critique of the Los Angeles Lakers after their Game 5 playoff loss to the Houston Rockets, saying he sometimes “hate[s] watching the Lakers play” because they revert to “hero ball” in the closing minutes instead of playing with sustained intensity and focus.

The comments, made Wednesday night on TNT’s “Inside the NBA,” quickly went viral after a clip was posted to X by the account @ohnohedidnt24 and viewed more than 3,000 times within hours. O’Neal’s frustration captured a broader conversation about the Lakers’ clutch-time execution as they cling to a 3-2 series lead heading into Game 6 on Friday.

“I hate watching the Lakers play sometimes because towards the end they try to play the hero ball,” O’Neal said, gesturing emphatically. “Okay? We’re going to start playing hard now and if we hit this three at a time of game that’s not gonna work. LeBron knows that and understands it. These young guys need to understand that.” He added that the crowd was flat, the team played flat, lacked intensity and focus, and that he was “glad the Rockets beat them” in the 99-93 defeat.

The Rockets forced a return trip to Crypto.com Arena by capitalizing on the Lakers’ late-game lapses. LeBron James led Los Angeles with 25 points, but the team was unable to generate consistent stops or ball movement when the game tightened in the fourth quarter. With Luka Doncic still sidelined by a Grade 2 hamstring strain suffered in early April, the Lakers have leaned heavily on James and Austin Reaves to create offense in crunch time.

O’Neal’s critique carries extra weight because he won four NBA championships as a Laker between 1996 and 2004 and remains one of the franchise’s most beloved figures. The 7-foot-1 center turned analyst has never shied away from calling out his former team when he sees problems, but his latest remarks struck a nerve as the Lakers fight to avoid elimination in the first round for the second straight postseason.

“Hero ball” — the term for isolating one superstar to create shots while teammates stand and watch — has been a recurring theme in Lakers discourse this season. Coach JJ Redick has preached team concepts and off-ball movement, yet execution in high-stakes moments has occasionally reverted to the familiar pattern of James or Reaves attempting to carry the load alone. O’Neal, who once thrived in a pick-and-roll partnership with Kobe Bryant, emphasized that championship teams avoid waiting until the final minutes to ramp up effort.

The Game 5 loss dropped the Lakers to 3-2 in the best-of-seven series. Houston, led by young stars Alperen Sengun and Jalen Green, has shown impressive resilience despite being the lower seed. Rockets coach Ime Udoka praised his team’s defensive intensity after the victory, indirectly validating O’Neal’s point about the Lakers’ lack of focus.

Lakers fans reacted swiftly on social media. Some defended the team, noting injuries and fatigue, while others agreed that late-game decision-making has been an Achilles’ heel. “Shaq is right,” one prominent Lakers podcaster posted. “We can’t keep waiting until the last five minutes to turn it on.”

Inside the Lakers locker room, the mood after Game 5 was described as businesslike. James, who has played in 22 career playoff series, told reporters the team must “correct the little things” and “play with more urgency for longer stretches.” Reaves echoed the sentiment, saying the group understands the stakes heading into Game 6.

Redick, in his first postseason as head coach, has navigated the Doncic injury by adjusting lineups and emphasizing defensive rotations. Yet the absence of the Slovenian star — who averaged 28 points and 8 assists before getting hurt — has forced the Lakers to rely on a thinner rotation. Medical updates indicate Doncic continues on-court rehab but remains out indefinitely, with no firm return timeline.

O’Neal’s comments also spotlight broader questions about the Lakers’ roster construction. General Manager Rob Pelinka has prioritized veteran experience and defensive versatility, but the team’s offensive efficiency in the half-court has dipped at times. Analysts note that without consistent three-point shooting or secondary creation, the Lakers become predictable when defenses load up on James.

For O’Neal, the criticism is rooted in championship standards. During his Lakers tenure he helped deliver three-peat titles in 2000-02 and a fourth in 2009. He has repeatedly said modern players must learn from past eras where sustained effort defined winners. His TNT colleagues nodded in agreement during the broadcast, with one noting the Lakers’ crowd appeared disengaged at key moments — a rare occurrence at Crypto.com Arena.

The series has been competitive despite the Lakers’ injury issues. Houston has pushed the pace and exploited mismatches, forcing Los Angeles to adjust on the fly. Game 6 will be pivotal: a Lakers win clinches the series and sets up a second-round matchup against either the Oklahoma City Thunder or Minnesota Timberwolves, while a loss sends the series back to Houston for a decisive Game 7.

Sports betting markets reacted to O’Neal’s remarks as well. The Lakers remain favorites to advance, but implied probabilities for Game 6 shifted slightly after the broadcast. Analysts at ESPN and The Athletic suggested the team must address late-game execution or risk becoming the latest high-profile first-round casualty.

Beyond the immediate series, O’Neal’s comments fuel ongoing debate about the Lakers’ long-term direction. With James entering his 23rd season and the franchise committed to contending, pressure mounts on Pelinka and ownership to surround the stars with complementary pieces. The team’s massive cash reserves and trade assets could be deployed this offseason, but playoff performance will shape perceptions heading into free agency.

Lakers fans, meanwhile, remain hopeful. Many point to James’ playoff pedigree and the team’s home-court advantage in Game 6 as reasons for optimism. Tickets for Friday’s contest sold out quickly after the Game 5 defeat, signaling strong local support despite the criticism.

O’Neal has not commented further on the clip since the broadcast. His history of colorful, no-holds-barred analysis has made him one of the most popular figures in sports media. Whether his words motivate the Lakers or simply reflect a frustrated fan’s perspective, they have added another layer of drama to an already tense playoff series.

As the Lakers prepare for what could be a season-defining game, O’Neal’s message is clear: championship contenders cannot afford to wait until the final minutes to play with purpose. For a franchise built on greatness, the difference between advancing and going home may hinge on heeding that advice.