LHX Analysis: $1B Space Deal Signals Growth

L3Harris Technologies (NYSE: LHX) is redefining the defense landscape. While the stock has climbed 38.6% year-to-date, recent developments suggest the rally is just beginning.

The catalyst is a massive $843 million contract with the Space Development Agency (SDA). This deal confirms L3Harris as a primary player in modern warfare infrastructure.

With projected revenues hitting $22 billion and free cash flow nearing $2.7 billion, the fundamentals are robust. This analysis dissects the strategic drivers behind this growth.

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