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L3Harris Technologies Inc. (NYSE: LHX ) stock rose on Monday following the announcement of seven-year framework agreements to expand propulsion production for the THAAD and PAC-3 missile defense systems. The stock outperformed the broader market, as the S&P 500 declined 0.30% and the industrials sector fell 0.70%. THAA
The U.S. Space Development Agency awarded about $1.75 billion to Sierra Space and L3Harris Technologies Inc. (NYSE: LHX ) to build 36 missile-warning and missile-tracking satellites for President Donald Trump’s Golden Dome missile-defense program. Golden Dome Moves Into Satellite Production The awards move a major part