L3Harris Wins $250M Follow-On Contract From Lockheed Martin To Produce GMLRS Rocket Propulsion Units
L3Harris Technologies (NYSE:LHX) has been awarded a follow-on contract from Lockheed Martin, valued at $250 million, to manufacture standard-range Guided Multiple Launch Rocket System (GMLRS) propulsion units.
L3Harris got a big order to make rocket parts for Lockheed Martin. This shows customers keep buying from L3Harris, which is a good sign for the company's business.
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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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