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L3Harris Secures $6B+ THAAD Propulsion Contract To Quadruple Production Over 7-Years

Sep 29, 2026 · 10:02 AM ET· updated 1h ago

L3Harris Technologies (NYSE:LHX) has received an undefinitized contract from Lockheed Martin, valued at more than $6 billion (excluding escalations) over seven years, to significantly expand propulsion production for

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Why It Matters

L3Harris won a huge contract worth over $6 billion. This means the company will make way more airplane parts for seven years, showing strong demand for their work.

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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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