L3Harris THAAD Contract Adds Context To Valuation And Momentum Story

2026-02-21 10:58:20

L3Harris Technologies secured a nearly $400 million contract to supply components for the Missile Defense Agency’s THAAD system, reinforcing its role in missile defense. This contract adds context to the company’s valuation, which is currently near estimated fair value, and highlights recent positive momentum with stock gains of 17.8% year to date. Investors should consider overall defense spending trends and the company’s debt levels when assessing future performance.

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