Defense and Aerospace Boom: L3Harris Technologies with Double-Digit Revenue Growth. Renewed Forecast Increase Causes the Stock to Break Out.
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The stock of L3Harris Technologies (LHX) gained momentum on Thursday (September 30) following the release of its Q3 results. It is a leading provider of technologies for the defense and security industry. The company delivers advanced systems for communication, surveillance, reconnaissance, and defense. The technology solutions support military and government customers in the fields of aerospace, aviation, land and sea operations, as well as cybersecurity. Given the ongoing geopolitical tensions, the company continues to secure contracts: The...
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