L3harris Technologies Got Indefinite Delivery, Indefinite Quantity Contract Worth Up To $182M From U.S. Air Force
Portfolio Pulse from Benzinga Newsdesk
L3Harris Technologies has secured an Indefinite Delivery, Indefinite Quantity (IDIQ) contract from the U.S. Air Force valued at up to $182 million. This contract could positively impact L3Harris' financial performance and stock price.
September 16, 2024 | 6:07 pm
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L3Harris Technologies has been awarded an IDIQ contract by the U.S. Air Force worth up to $182 million. This contract is likely to enhance L3Harris' revenue stream and could positively influence its stock price in the short term.
The $182M IDIQ contract from the U.S. Air Force represents a significant potential revenue stream for L3Harris Technologies. Such contracts typically provide a stable and predictable source of income, which can positively impact the company's financial performance and investor sentiment, leading to a potential increase in stock price.
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