NYSE:LHXAerospace & Defense
Why L3Harris Technologies (LHX) Is Back In The Spotlight
L3Harris Technologies (LHX) has received a US$4.7 billion undefinitized contract from Lockheed Martin to supply propulsion systems for PAC-3 MSE interceptors. The contract extends over seven years and reinforces the company’s focus on missile solutions.
L3Harris Technologies’ share price has come under pressure in recent months, with the stock down 19.31% on a 90 day share price return basis and 18.43% year to date. However, the 3 year total shareholder return of 53.36% and 5 year total...