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Stock impact report

L3Harris to Produce Additional Solid Rocket Motors for Precision-Guided Artillery System

L3Harris Technologies, Inc. (LHX) 
Last l3harris technologies, inc. earnings: 2/4 06:30 am Check Earnings Report
Company Research Source: Business Wire
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has been awarded a follow-on production contract valued up to $200 million to manufacture Guided Multiple Launch Rocket System (GMLRS) Insensitive Munition (IM) propulsion units.The GMLRS IM contract will be the first order processed through L3Harris’ newly constructed facility in Camden, Arkansas, which was funded through the Defense Production Act Title III cooperative agreement and enables annual production capacity to increase by more than 30%.“This GMLRS IM contract demonstrates L3Harris’ expertise in missile propulsion technology and its commitment to delivering high-performance, reliable propulsion solutions for military operations,” said Scott Alexander, President, Missile Solutions, Aerojet Rocketdyne, L3Harris. “L3Harris and Department of War investments in expanding capacity and modernizing solid rocket motor production are bearing fruit, ensuring L3Harris continues delivering critical propulsion capabi Show less Read more
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