From Yahoo Finance: 2025-05-23 12:43:00

L3Harris Technologies, Inc. (NYSE: LHX) surged 4% as Trump’s administration plans a $175 billion Golden Dome missile defense system using its satellites. Completion in under 3 years expected. The company specializes in mission-critical solutions and is set to benefit significantly from the project.

L3Harris also secured a $214 million deal for Germany’s Digitalization Land-Based program. JPMorgan maintains an Overweight rating with a $255 price target, citing the company’s involvement in defense programs and solid revenue base. L3Harris has a history of rewarding investors with dividends for 55 years.

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Read more: L3Harris Technologies Tapped for $175B Golden Dome System