L3Harris Technologies, Inc. (LHX) secures an $843 million contract from SDA for 18 infrared tracking layer satellites to defend the US from hypersonic and ballistic missiles. The CEO acknowledges the importance of space in missile defense. Wall Street analysts have a Moderate Buy rating with a $334 price target, suggesting a 13% upside.

Morgan Stanley upgrades L3Harris Technologies, Inc. (LHX) to Overweight and raises price target to $367. The company provides technology solutions in national security. While LHX has investment potential, AI stocks may offer greater upside. For more information on a promising AI stock, see the link provided.

L3Harris Technologies, Inc. (LHX) is recognized as one of the 7 Best Defense Dividend Stocks to Buy. The company will develop 18 satellites for the SDA PWSA constellation, adding to previous orders for T1 and T2 satellites. The award includes ground assistance, sustainment, and operational functions.

Read more at Yahoo Finance: L3Harris Technologies, Inc. (LHX) Wins $843M Contract For Missile Tracking Satellites