L3Harris Technologies (LHX), Monday announced that the company has secured a contract worth nearly $300 million from the U.S. Army for full-rate production of Manpack and Leader radios under the Handheld, Manpack & Small Form Fit program.
These advanced communication solutions are designed to enhance the resilience and effectiveness of U.S. soldiers in all operational environments. They ensure seamless interoperability from the tactical edge to the aerial tier, even in the face of adversarial electronic warfare.
LHX is currently trading at $221.10 up 1.12 percent or $2.45 on the New York Stock Exchange.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.