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How A US$1 Billion Virginia Rocket Motor Expansion At L3Harris (LHX) Has Changed Its Investment Story
L3Harris Technologies announced a US$1 billion expansion of its Virginia Advanced Propulsion Facilities, which will double solid rocket motor manufacturing space and add over 350 jobs. This expansion deepens L3Harris’s role in supplying solid rocket motors for Department of War programs and is expected to reinforce missile solutions as a key earnings driver. Investors are encouraged to consider the potential for increased execution and fixed-price contract risks alongside the growth opportunities.