- Sidus Space, Inc SIDU is collaborating with L3Harris Technologies, Inc LHX for the Department of Defense Mentor-Protégé Program (MPP).
- The DoD program assists businesses in expanding their footprint in the defense industrial base by helping them partner with larger companies like L3Harris.
- The MPP agreement between Sidus and L3Harris runs from April 1, 2023, to March 31, 2024.
- "We look forward to capitalizing on opportunities for process improvements as we work with L3Harris on various assessments and benchmarking initiatives, gaining valuable large company perspective that will benefit our team as we scale operations in the quarters and years ahead," commented Carol Craig, Founder, and CEO of Sidus Space.
- Price Action: SIDU shares are trading higher by 0.85% at $0.5233, and LHX lower by 0.01% at $199.20 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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