- L3Harris Technologies Inc LHX received a new 10-year, sole-source $947 million IDIQ contract to modernize the U.S. Air Force B-52 aircraft to protect the aircrew from enemy radar threats.
- L3Harris will enhance the aircrafts' AN/ALQ-172 electronic warfare (EW) self-protection system, providing a combat-proven integrated radiofrequency system that can simultaneously counter multiple electronic spectrum threats that interfere with aircraft operations.
- The IDIQ will extend the B-52's EW relevance and reliability through the end of its lifespan.
- Price Action: LHX shares are trading higher by 1.93% at $222.65 on the last check Tuesday.
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