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-0.000322562549085471 -0.000322562549085471 -0.000560978346235803 -0.00110793223381572 -0.000210366879838406 -0.000329574778413413 -0.00072927185010656 0.00297318523504993
Stock impact report

L3Harris announces $1.27 billion expansion project at Virginia site [Yahoo! Finance]

L3Harris Technologies, Inc. (LHX) 
Last l3harris technologies, inc. earnings: 2/4 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
to further the ?solid rocket motor production capacity at its Orange County site. The announcement ?comes months after the U.S. government's commitment to invest $1 billion in L3Harris' rocket motor business to ensure a steady supply of much-needed motors for a wide ?range of missiles ?such as Tomahawks and Patriot interceptors. The investment will be made through a $1 billion ?convertible preferred stake in L3Harris' Missile Solutions unit, which is set to go public in the second ?half of ?2026 and become a ?standalone missile propulsion company. L3Harris, ?on Wednesday, said it plans to construct new facilities at the Orange County site to support solid rocket motor production operations spanning multiple Department of Defense programs. Trump has ordered the department to rename itself ?the Department of War, a ?change that will require action ?by Congress. The investment ?comes in the backdrop of rising demand ?for arms and military ?equipment driven by ?ongoing global co Show less Read more
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