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Stock impact report

L3Harris Receives $1B Deal, To Provide Communication Technology [Yahoo! Finance]

L3Harris Technologies, Inc. (LHX) 
Last l3harris technologies, inc. earnings: 2/4 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
solution to the U.S. military forces and 57 partner nations, and will provide the company's Multifunctional Information Distribution System Joint Tactical Radio System Terminals (MIDS JTRS) throughout the next five years. (Source: L3Harris Technologies, Inc. clinched an indefinite delivery and quantity deal worth $999 million from the United States Navy) The growing geopolitical tensions and warfare situations worldwide are driving the growth of the Military Communications market, with modernizing and upgrading military radio communication systems constituting a substantial part of defense budgets. This is expected to lead to increased procurement of advanced radio systems, offering strong growth opportunities to L3Harris. The market is projected to witness a CAGR of 5.9% during 2024-2029. (Source: Mordor Intelligence) L3Harris' product portfolio includes a wide variety of tactical radios, such as Tactical VHF/UHF Radios, Tactical Handheld Radios, Falcon Radio Product Line, and Ta Show less Read more
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