Why Is L3Harris Stock Gaining Monday?
LHX stock gains after L3Harris signs framework agreements to expand THAAD and PAC-3 missile defense propulsion production.
L3Harris got new contracts to make more rocket engines for air-defense missiles, so investors think the company has growing work ahead. When a company signs big deals like this, it's a sign people believe the business is healthy and will keep earning money.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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