L3Harris Bags 5-year Contract, Worth Up To $587.4M, To Deliver Custom Tactical Jamming Pods Designed To Modernize US Navy's Aerial Electronic Attack Capability
Portfolio Pulse from Benzinga Newsdesk
L3Harris Technologies has secured a 5-year contract valued at up to $587.4 million to provide custom tactical jamming pods for the US Navy. This contract aims to enhance the Navy's aerial electronic attack capabilities.
September 12, 2024 | 8:16 pm
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L3Harris Technologies has been awarded a significant 5-year contract worth up to $587.4 million to deliver tactical jamming pods to the US Navy, enhancing their electronic attack capabilities.
The contract is a substantial addition to L3Harris's defense portfolio, likely boosting revenue and enhancing its reputation in the defense sector. The size and scope of the contract suggest a positive short-term impact on LHX's stock price.
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