The U.S. government will invest $1 billion in L3Harris Technologies' growing rocket motor business, guaranteeing a steady supply of the much-needed motors used in a wide range of missiles such as Tom… [+3708 chars]
Pentagon to invest $1 billion in L3Harris rocket motor business, shares surge - CNBC
The deal represents the latest U.S. investment in Corporate America, including a 10% stake in chipmaker Intel and investments in critical mineral producers.
By:Reuters
Source:CNBC
Published:
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