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The Air Force Asked L3Harris: Can You Build Us a Fighter Plane for Less Than $50 Million? [Yahoo! Finance]

L3Harris Technologies, Inc. (LHX) 
Last l3harris technologies, inc. earnings: 2/4 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Lockheed Martin (NYSE: LMT) , I'll bet, maker of the F-16 Falcon, the F-22 Raptor, and the F-35 Lightning II. Boeing (NYSE: BA) , too, probably, with its F-15 Strike Eagles and F/A-18 Hornets. You almost certainly do not think of L3Harris (NYSE: LHX) , which is best known for producing radios, sensors, and (since acquiring Aerojet Rocketdyne) rocket engines. And yet, it turns out that the Air Force's newest fighter plane is built by -- you guessed it -- L3Harris. (Re)introducing the A-1 Skyraider The U.S. Special Operations Command (SOCOM) awarded L3Harris a $3 billion contract in 2022 to deliver 75 modified Air Tractor AT-802U Sky Warden turboprop aircraft. SOCOM plans to use these single-engine, fixed-wing, heavily armored fighter planes to provide "close air support, precision strike, armed intelligence, surveillance and reconnaissance (ISR), strike coordination and forward air controller" missions in uncontested air environments. Essentially, the planes were to take over th Show less Read more
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