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L3Harris Wins $4.7 Bln Contract From Lockheed Martin For PAC-3 MSE Propulsion Systems

Source: Nasdaq

Infrastructure & DefenseCompany Fundamentals

L3Harris received an undefinitized $4.7 billion, seven-year contract award from Lockheed Martin to produce propulsion systems for PAC-3 MSE missile interceptors. The sizable defense-program award strengthens L3Harris's long-term revenue visibility and underscores sustained demand for missile-defense production.

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