L3Harris gets $4.7 billion deal to help boost Patriot interceptor production
The multibillion-dollar deals comes as the domestic and global demand for Patriot interceptors far outpaces the supply.


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The multibillion-dollar deals comes as the domestic and global demand for Patriot interceptors far outpaces the supply.

Chris Kubasik was ousted as Lockheed Martin's incoming CEO in 2012 after what that company called "close personal relationship with a subordinate employee."

More than a decade ago, Kubasik was fired as chief operating officer of Lockheed Martin after acknowledging an improper relationship with a subordinate, months…

The expansion will more than double manufacturing space at the Virginia site, which currently spans 256,000 square feet.

The U.S. Marine Corps and U.S. Navy have sealed a deal with L3Harris Technologies for 34 large T7 robots to support the services in EOD missions.

The Pentagon said its investment will help expand production capacity on critical missile programs like the PAC-3, THAAD, Tomahawk and Standard Missile.

These are the stocks posting the largest moves in early trading.

The deal represents the latest U.S. investment in Corporate America, including a 10% stake in chipmaker Intel and investments in critical mineral producers.

Joby and L3Harris hope their autonomous VTOL aircraft could one day carry out military operations, including by acting as a "loyal wingman."

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The U.S. Department of Justice accused Peter Williams, former general manager of L3Harris' hacking division Trenchant, of stealing trade secrets and selling th…

A contract for the program, which has a budget of $2.2 billion, is expected to be signed around November.

In a ceremony on Monday, L3Harris officially opened its new 379,000 square foot solid rocket motor inert parts production facility in Huntsville.

The companies plan to start flight tests this fall and be ready to demonstrate operational capabilities in government exercises by 2026.

Aerojet Rocketdyne is expanding its solid rocket motor production in Virginia primarily for the Javelin anti-tank system.

The Trump administration announced an emergency task force of executives from Verizon, L3Harris and the FAA to fix the communication issues at Newark airport.

The company proposed increased HBTSS production as part of its response to DOD's call for industry input on Golden Dome.

Quick. If I ask which American defense companies build fighter planes, what names come first to mind?
L3Harris' Aerojet Rocketdyne broke ground on a major expansion of solid rocket motor production facilities as the U.S. seeks to rebuild its stockpile.

To date, the company has demonstrated the ability to connect multiple systems, but it envisions Amorphous eventually managing thousands of payloads.

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