L3Harris Technologies (LHX) in Pivotal Point Review: Pentagon Investment of 1 Billion USD and Planned Rocket IPO Drive Stock to Record High!
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US Department of Defense invests 1 billion USD directly in L3Harris' rocket engine business. The capital injection is a preparation for an IPO of the division at the end of 2026. BofA Securities raises price target to 400 USD and sees a fundamental turning point in the partnership. L3Harris Technologies, a U.S. defense contractor specializing in mission systems and aerospace technology, jumped on Tuesday, January 13, 2026, under high trading volume, continuing its recent record pursuit. The trigger for this Pivotal Point was the announcement...
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