L3Harris Technologies Secures $876 Million Contract from US Navy
LHX L3Harris Technologies Inc
$248.77 +2.02%
View chart & analysis → - 1L3Harris Technologies has been awarded an additional $876 million in value for the Next Generation Jammer Low Band program from the US Navy.
- 2L3Harris Technologies received notification of an undeterminable contract modification from the US Navy for prototype hardware fabrication and flight test support.
- 3Chris Evelly, President of Communications and Spectrum Dominance, said the program enhances capabilities to counter adversaries operating in low-frequency bands.
So what's the key point?
L3Harris Technologies won an $876 million contract from the US Navy. This contract will support the creation of equipment used to counter hostile forces.
Source The Motley Fool +1 · View original ↗
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