NYSE:LHXAerospace & Defense
The Bull Case For L3Harris Technologies (LHX) Could Change Following A New THAAD Propulsion Contract
L3Harris Technologies recently received a nearly US$400 million contract to supply additional solid rocket boost motors and Liquid Divert and Attitude Control Systems for the Missile Defense Agency’s THAAD missile defense system, which has a 100% success rate in 17 intercept tests since production began.
This award deepens L3Harris’s role in a key U.S. and allied missile defense program, adding to its long-term backlog and highlighting demand for its propulsion technology.
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