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L3Harris Wins US$400m THAAD Deal As Valuation Near Fair Value
L3Harris Technologies secured a nearly $400 million contract for the THAAD missile defense system, reinforcing its role in U.S. and allied defense programs. Despite the significant contract, the company’s stock (NYSE:LHX) is trading near its estimated fair value, with recent momentum showing a slight decline. Investors are advised to consider this award as an additional data point rather than a clear value mismatch, tracking its impact on future revenue and earnings guidance.