L3Harris Virginia Rocket Expansion And What It Could Mean For Valuation [Yahoo! Finance]
L3Harris Technologies, Inc. (LHX)
Last l3harris technologies, inc. earnings: 2/4 06:30 am
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Source: Yahoo! Finance
L3Harris Technologies (NYSE:LHX) is investing over $1 billion to expand solid rocket motor manufacturing capacity in Virginia. The new Virginia Advanced Propulsion Facilities will more than double the company's manufacturing space. The project is expected to create hundreds of new jobs and support multiple national defense programs. L3Harris Technologies enters this expansion with its shares at $350.35 and a 1-year return of 63.3%, alongside an 84.5% return over 3 years and 83.5% over 5 years. For investors tracking defense and aerospace suppliers, this move shows how NYSE:LHX is positioning its propulsion operations to serve a wider range of defense programs. The Virginia Advanced Propulsion Facilities indicate that the company is preparing for higher demand in solid rocket motor production and deeper integration into national security supply chains. Readers may want to watch how this investment relates to contract activity, capital spending trends, and any future updates on
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LHX
News
- Saronic Could Build Us a Robot Navy [Yahoo! Finance]Yahoo! Finance
- L3Harris Technologies (LHX) Wins $465 Million Army Contract For Next-Generation Night-Vision System [Yahoo! Finance]Yahoo! Finance
- L3Harris Technologies plans $1.3B solid rocket motor expansion in Virginia [Yahoo! Finance]Yahoo! Finance
- L3Harris announces $1.27 billion expansion project at Virginia site [Yahoo! Finance]Yahoo! Finance
- L3Harris Announces Billion Dollar Expansion to Boost Solid Rocket Motor Production in Orange County, VirginiaBusiness Wire
LHX
Earnings
- 1/29/26 - Beat
LHX
Sec Filings
- 4/3/26 - Form 4
- 4/3/26 - Form 4
- 4/3/26 - Form 4
- LHX's page on the SEC website