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Stock impact report

US Navy Selects L3Harris Red Wolf for Precision Attack Strike Munition Program

L3Harris Technologies, Inc. (LHX) 
Last l3harris technologies, inc. earnings: 2/4 06:30 am Check Earnings Report
Company Research Source: Business Wire
ASHBURN, Va.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has been selected by the U.S. Naval Air Systems Command to develop, test and manufacture Red WolfTM vehicles for the Marine Corps’ Precision Attack Strike Munition program. L3Harris’ Red Wolf systems will fill a gap in modern warfare with long-range precision weapons capabilities.The Navy’s selection builds off 52 launched effects vehicle flights, including recent low-altitude test firing from a Marine AH-1Z helicopter.“Recent conflicts and incursions over NATO airspace, particularly with the increased use of mass-produced drones, demonstrates the urgent need for cost-effective alternatives to exquisite munitions,” said Christopher Kubasik, Chairman and CEO, L3Harris. “Our proven Red Wolf system can bring affordable mass to the Marine’s arsenal of advanced munitions within the timeline U.S. officials have outlined to support the most lethal fighting force in the world.”Red Wolf extends the range of weapons launched f Show less Read more
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