L3Harris Technologies (LHX) Lands its Biggest Ever Full-Rate Production Contract For Submarine Communication Systems

L3Harris Technologies, Inc. (NYSE:LHX) is 1 of the Best Aerospace and Defense Stocks to Invest In Right Now. On February 18, L3Harris Technologies, Inc. (NYSE:LHX) announced landing its biggest ever full-rate accumulation declaration for submarine connection systems.

​As portion of this contract, the institution volition proviso 26 shipsets to General Dynamics Electric Boat. These shipsets volition spell to Virginia and Columbia-class submarines. Moreover, the follow-on contacts see continued accumulation for some classes till 2033, with options to widen to much Columbia-class boats and adjacent allied navies abroad.

​Nino DiCosmo, President, Maritime, Space and Mission Systems, L3Harris, noted:

Earlier, connected February 16, L3Harris Technologies, Inc. (NYSE:LHX) secured a caller declaration from the Missile Defense Agency worthy astir $400 million. The declaration entails producing further coagulated rocket boost motors and Liquid Divert and Attitude Control Systems.

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L3Harris Technologies, Inc. (NYSE:LHX) is simply a large supplier for MDA’s Terminal High Altitude Area Defense, which is simply a abbreviated to medium-range ballistic rocket interceptor with the quality to support from wrong and extracurricular the Earth’s atmosphere.

​The Solid Rocket Boost motors are captious to powerfulness the archetypal motorboat and boost signifier of the THAAD interceptor missile. On the different hand, Liquid Divert and Attitude Control Systems steer the missile’s “kill vehicle” precisely during the last intercept stages, ensuring it hits the target.

​Moreover, THAAD has shown a 100% occurrence complaint successful intercept tests and is paramount for nationalist security. The declaration increases L3Harris Technologies’ gait & Airborne Systems conception backlog, which stood astatine much than $38.7 cardinal successful 2025.

​L3Harris Technologies, Inc. (NYSE:LHX) provides end-to-end exertion solutions that link the air, land, space, sea, and cyber domains for nationalist security.

While we admit the imaginable of LHX arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.