L3Harris wins $461.9M satellite communications contract

L3Harris Technologies (LHX) won a $461.9M contract to upgrade satellite communications for U.S. executive airlift aircraft. The deal runs through 2028, with $62.3M allocated for 2026. LHX offers a 2.05% dividend yield, a 47% payout ratio, and a GF Value™ of $267.58, indicating an 11.5% discount. The company's GF Score™ is 87, reflecting strong financial health and growth.

L3Harris Technologies (NYSE:LHX) secured a multibillion-dollar contract from Lockheed Martin for THAAD missile defense system propulsion production, including a new facility. The long-term deal highlights L3Harris's role in critical national security programs and supports its missile and space growth narrative, though execution risks remain.

L3Harris received a $6bn+ contract from Lockheed Martin to increase THAAD propulsion system production over seven years. The deal involves building a new plant and expanding capacity. L3Harris stock closed down 0.5% on Tuesday. The company specializes in defense, government, and commercial communication equipment.

L3Harris has secured a $6 billion contract from Lockheed Martin to provide propulsion systems for the THAAD missile defense system. The deal highlights L3Harris's role in defense technology and could impact its financial performance.

L3Harris Technologies (LHX) won a $6B contract from Lockheed Martin to expand THAAD missile defense system propulsion over seven years. The company offers a 2.07% dividend yield, a 47% payout ratio, and a GF Value™ suggesting 12.1% undervaluation. LHX has a GF Score™ of 87/100, reflecting strong profitability, growth, and valuation but weaker financial strength and momentum. Insider sales totaled $9.7M over the past year, while institutional investors show mixed activity.

L3Harris Technologies (LHX) secured a $6 billion contract from Lockheed Martin (LMT) to boost propulsion production for the THAAD missile defense system over seven years. The deal is a major win for L3Harris.