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0 7.11794433766881E-05 -0.000626379101715502 -0.000441312548935951 -0.00186490141647101 -0.00526727880987977 -0.00464089970816427 -0.00425653071392983
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L3Harris announces $1 billion expansion in Virginia [Yahoo! Finance]

L3Harris Technologies, Inc. (LHX) 
Last l3harris technologies, inc. earnings: 2/4 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The company announced April 15 it would establish the Virginia Advanced Propulsion Facilities for mixing, grinding, casting and assembling. The expansion will more than double manufacturing space at the Virginia site, which currently spans 256,000 square feet. The announcement follows a January deal between L3Harris and the Pentagon , in which the DoD is investing $1 billion in the company's Missile Solutions spinoff business to expand capacity on critical missile programs. The investment provided up-front cash that L3Harris needed to increase its solid rocket motor production, modernize its facilities and improve industrial resilience, the Pentagon said at the time. Last year, L3Harris began construction of a new solid rocket motor production facility at the company's Aerojet Rocketdyne campus in Camden, Arkansas. It also opened a new and expansive rocket motor parts plant in Huntsville, Alabama. “The company's ongoing investments in new facilities, equipment and processes wil Show less Read more
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