L3Harris Technologies, Inc. (NYSE:LHX) scores major contracts – largest ever submarine communication systems order on February 18 and a $400 million deal with the Missile Defense Agency on February 16. The company is a key supplier for MDA’s Terminal High Altitude Area Defense system, crucial for national security.
The contracts involve supplying shipsets for Virginia and Columbia-class submarines, with production continuing till 2033. The systems provided include Solid Rocket Boost motors and Liquid Divert and Attitude Control Systems critical for missile interceptors. THAAD has a 100% success rate in tests and is vital for national security.
L3Harris Technologies, Inc. (NYSE:LHX) is an industry leader in providing technology solutions for national security across various domains. The recent contracts further solidify its position in the aerospace and defense industry, showcasing its capabilities and expertise in critical systems development.
Read more at Yahoo Finance: L3Harris Technologies (LHX) Lands its Biggest Ever Full-Rate Production Contract For Submarine Communication Systems
