L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber; mission avionics; electronic warfare systems; and mission networks systems for air traffic management operations. The company's Communication Systems segment provides broadband communications; tactical radios, software, satellite terminals, and end-to-end battlefield systems for the U.S. Department of Defense, international, federal, and state agency customers; integrated vision solutions, including helmet-mounted integrated night vision goggles with leading-edge image intensifier tubes and weapon-mounted sights, aiming lasers, and range finders; and public safety radios, and system applications and equipment. Its Aerojet Rocketdyne segment provides propulsion technologies and armament systems for strategic defense, missile defense, hypersonic, and tactical systems; and space propulsion and power systems for national security, and space and exploration missions. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies, Inc. in June 2019. L3Harris Technologies, Inc. was founded in 1895 and is based in Melbourne, Florida.

L3Harris Technologies, Inc.

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco Aerospace & Defense ETF (Symbol: PPA) where we have detected an approximate $228.7 million dollar inflow -- that's a 3.3% increase week over week in outstanding units (from 43,640,000 to 45,100,000). Among the largest underlying components of PPA, in trading today Northrop Grumman Corp (Symbol: NOC) is up about 0.5%, General Dynamics Corp (Symbol: GD) is up about 0.5%, and L3Harris Technologies Inc (Symbol: LHX) is higher by about 0.8%. For a complete list of holdings, visit the PPA Holdings page » The chart below shows the one year price performance of PPA, versus its 200 day moving average:
Looking at the chart above, PPA's low point in its 52 week range is $100.39 per share, with $160.495 as the 52 week high point — that compares with a last trade of $157.56. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Free Report: Top 8%+ Dividends (paid monthly)
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Also see:
PMCS Options Chain
Block shares outstanding history
Top Ten Hedge Funds Holding MAXR
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Notable ETF Inflow Detected - PPA, NOC, GD, LHX

Investors in L3Harris Technologies Inc (Symbol: LHX) saw new options become available today, for the February 2026 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the LHX options chain for the new February 2026 contracts and identified one put and one call contract of particular interest.
The put contract at the $295.00 strike price has a current bid of $6.50. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $295.00, but will also collect the premium, putting the cost basis of the shares at $288.50 (before broker commissions). To an investor already interested in purchasing shares of LHX, that could represent an attractive alternative to paying $298.49/share today.
Because the $295.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 59%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 2.20% return on the cash commitment, or 18.28% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for L3Harris Technologies Inc, and highlighting in green where the $295.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $300.00 strike price has a current bid of $8.70. If an investor was to purchase shares of LHX stock at the current price level of $298.49/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $300.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 3.42% if the stock gets called away at the February 2026 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if LHX shares really soar, which is why looking at the trailing twelve month trading history for L3Harris Technologies Inc, as well as studying the business fundamentals becomes important. Below is a chart showing LHX's trailing twelve month trading history, with the $300.00 strike highlighted in red:
Considering the fact that the $300.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 49%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 2.91% boost of extra return to the investor, or 24.18% annualized, which we refer to as the YieldBoost.
The implied volatility in the put contract example is 25%, while the implied volatility in the call contract example is 26%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 250 trading day closing values as well as today's price of $298.49) to be 22%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Also see:
Insurance Brokers Dividend Stocks
JDST shares outstanding history
WAVX Split History
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

LHX February 2026 Options Begin Trading

L3Harris Technologies, Inc. LHX recently revealed that it has secured a deal from the Space Development Agency (“SDA”) to develop 18 infrared satellites for the Tranche 3 Tracking Layer. Valued at up to $843 million, the deal also covers ground software, operations and sustainment functions.
Following the news release, the company's share price rose 2.7% to reach $295.10 on Dec. 22, 2025.
These tracking layer satellites will strengthen the SDA’s Proliferated Warfighter Space Architecture (“PWSA”), enhancing the U.S. military’s ability to detect and defend against advanced missile threats, including hypersonic missiles.
LHX’s Space-Based Missile Defense Expertise
L3Harris’ space superiority capabilities underpin space domain control, protecting vital assets and preserving strategic advantages. A long-standing partner of the U.S. Space Force and other agencies, the company has supported space superiority missions for more than three decades.
L3Harris continues to drive innovation in the space sector with responsive, agile, and cost-efficient missile warning and defense solutions. As global threats intensify, the company is well-positioned to deliver multi-domain, layered capabilities to detect, track and defeat evolving threats.
The L3Harris Tranche 3 Tracking Layer solution offers higher-resolution infrared sensing, advanced on-orbit data processing and real-time detection algorithms to enhance missile-tracking capabilities. Once deployed, these satellites will integrate with the SDA’s PWSA, enabling broader coverage and stronger direct-to-warfighter connectivity.
L3Harris supports the SDA’s Tracking Layer across all existing PWSA tranches. The company currently has four missile-tracking satellites in orbit under Tranche 0, with an additional 34 satellites under development across Tranche 1 and Tranche 2.
Growth Potential for LHX & Other Defense Stocks
The military satellite market is advancing rapidly, driven by the rising demand for enhanced communication, surveillance and reconnaissance, along with greater resilience against future threats. To this end, per a report by Mordor Intelligence, the military satellite market is projected to witness a CAGR of 10% during 2025-2030. This favorable market outlook is expected to benefit L3Harris, a leading provider of space-based defense solutions.
Given the strong growth outlook for the military satellite market, other defense majors such as Lockheed Martin Corp. LMT, Northrop Grumman Corp. NOC and Airbus SE EADSY, which have a significant presence in this domain, are also well-positioned to benefit.
Lockheed Martin leverages advanced technologies to develop layered space defense capabilities. Its LM 400 multi-mission satellite can be customized for a wide range of missions, offering a highly flexible bus architecture that enables faster deployment at lower price points while supporting data transport, missile warning and tracking operations.
LMT has a long-term (three to five years) earnings growth rate of 11.94%. The Zacks Consensus Estimate for 2025 sales stands at $74.40 billion, which calls for an increase of 4.7%.
Northrop Grumman’s military satellite communication solutions are backed by more than 40 years of mission expertise. Its Protected Tactical SATCOM Rapid Prototype is specifically designed to provide uninterrupted, real-time connectivity to warfighters, even under intense and advanced jamming conditions.
NOC has a long-term earnings growth rate of 4.19%. The Zacks Consensus Estimate for 2025 sales is pegged at $41.88 billion, which implies a rise of 2.1%.
Airbus, through its military satellite communications, offers a comprehensive portfolio that includes SATCOMBw, Syracuse 4A and 4B, and Skynet systems. The company has been a long-term operator of the SATCOMBw secure satellite communications system for the German Armed Forces.
EADSY has a long-term earnings growth rate of 21.48%. The Zacks Consensus Estimate for 2025 sales is pinned at $87.56 billion, which suggests a jump of 17.1%.
LHX Stock Price Movement
In the past six months, shares of L3Harris have risen 19.6% compared with the industry’s growth of 13.9%.
Image Source: Zacks Investment Research
LHX’s Zacks Rank
LHX currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

L3Harris Wins $843M Deal to Produce 18 Infrared Satellites for SDA

(RTTNews) - Kratos Defense & Security Solutions (KTOS) has issued a letter of intent to L3Harris Technologies (LHX) for an order of 40 Zeus 1 and 20 Zeus 2 hypersonic motors. The Zeus 1 and Zeus 2 are high-performance, 32.5-inch diameter solid rocket motors providing substantial performance improvements over similar legacy rockets.
"This strategic purchase of Zeus hypersonic rocket motors is a direct reflection and result of Kratos long-standing approach: investing our own capital to build capability, capacity, and inventory ahead of customer need," said Eric DeMarco, President and CEO of Kratos.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Kratos Announces Strategic Purchase Of Zeus Hypersonic Rocket Motors

Shares of Rocket Lab USA (NASDAQ: RKLB) are flying on Tuesday. The stock is up 28.3% as of 2 p.m. ET but was up as much as 31.8% earlier in the day. The leap comes as the S&P 500 and the Nasdaq Composite gained 0.9% and 0.6%, respectively.
Rocket Lab is benefiting from several catalysts at once, but chief among them was President Donald Trump's announcement Monday that he will prioritize a mission to Mars.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. See the 10 stocks »
A new space race
In his inauguration speech, Trump announced his intention to put Americans on Mars, saying, "it is time for us to once again act with courage, vigor, and the vitality of history's greatest civilization," and that "we will pursue our manifest destiny into the stars, launching American astronauts to plant the Stars and Stripes on the planet Mars."
The proclamation, especially given its place in the inaugural speech, sent space stocks soaring.
Rocket Lab surpasses another milestone
The launch system specialist announced Friday that its Pioneer spacecraft is successfully orbiting the globe after its launch on Jan. 14. Developed in collaboration with NASA, this is the second successful mission for the Pioneer module. The craft is designed to provide critical functions like power, communications, propulsion, and attitude control to another spacecraft.
Rocket Lab gets a new price target
Analysts at Citi recently reaffirmed Rocket Lab's buy rating, raising their price target from $22 to $35. The new target represents a 14% upside from its current level.
Don’t miss this second chance at a potentially lucrative opportunity
Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.
On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:
Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $357,084!*
Apple: if you invested $1,000 when we doubled down in 2008, you’d have $43,554!*
Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $462,766!*
Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.
*Stock Advisor returns as of January 21, 2025
Citigroup is an advertising partner of Motley Fool Money. Johnny Rice has no position in any of the stocks mentioned. The Motley Fool recommends Rocket Lab USA. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Why Rocket Lab Stock Is Skyrocketing Today

Investors in L3Harris Technologies Inc (Symbol: LHX) saw new options begin trading today, for the August 2026 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 246 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the LHX options chain for the new August 2026 contracts and identified one put and one call contract of particular interest.
The put contract at the $280.00 strike price has a current bid of $18.20. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $280.00, but will also collect the premium, putting the cost basis of the shares at $261.80 (before broker commissions). To an investor already interested in purchasing shares of LHX, that could represent an attractive alternative to paying $281.54/share today.
Because the $280.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 59%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 6.50% return on the cash commitment, or 9.65% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for L3Harris Technologies Inc, and highlighting in green where the $280.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $290.00 strike price has a current bid of $21.80. If an investor was to purchase shares of LHX stock at the current price level of $281.54/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $290.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 10.75% if the stock gets called away at the August 2026 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if LHX shares really soar, which is why looking at the trailing twelve month trading history for L3Harris Technologies Inc, as well as studying the business fundamentals becomes important. Below is a chart showing LHX's trailing twelve month trading history, with the $290.00 strike highlighted in red:
Considering the fact that the $290.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 47%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 7.74% boost of extra return to the investor, or 11.49% annualized, which we refer to as the YieldBoost.
The implied volatility in the put contract example is 26%, while the implied volatility in the call contract example is 27%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 250 trading day closing values as well as today's price of $281.54) to be 22%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Also see:
Funds Holding SMHB
MRNA 13F Filers
VWO Dividend History
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Interesting LHX Put And Call Options For August 2026

Investors in L3Harris Technologies Inc (Symbol: LHX) saw new options begin trading today, for the March 2026 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 98 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the LHX options chain for the new March 2026 contracts and identified one put and one call contract of particular interest.
The put contract at the $290.00 strike price has a current bid of $11.90. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $290.00, but will also collect the premium, putting the cost basis of the shares at $278.10 (before broker commissions). To an investor already interested in purchasing shares of LHX, that could represent an attractive alternative to paying $291.80/share today.
Because the $290.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 56%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 4.10% return on the cash commitment, or 15.29% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for L3Harris Technologies Inc, and highlighting in green where the $290.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $300.00 strike price has a current bid of $10.70. If an investor was to purchase shares of LHX stock at the current price level of $291.80/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $300.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 6.48% if the stock gets called away at the March 2026 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if LHX shares really soar, which is why looking at the trailing twelve month trading history for L3Harris Technologies Inc, as well as studying the business fundamentals becomes important. Below is a chart showing LHX's trailing twelve month trading history, with the $300.00 strike highlighted in red:
Considering the fact that the $300.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 54%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 3.67% boost of extra return to the investor, or 13.66% annualized, which we refer to as the YieldBoost.
The implied volatility in the put contract example, as well as the call contract example, are both approximately 26%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 250 trading day closing values as well as today's price of $291.80) to be 22%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Also see:
High Yield Stocks
Funds Holding TBXU
Institutional Holders of TRNS
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Interesting LHX Put And Call Options For March 2026

L3Harris Technologies, Inc. LHX recently revealed that it has secured a follow-on production contract valued at up to $200 million to produce Guided Multiple Launch Rocket System (“GMLRS”) Insensitive Munition (“IM”) propulsion units.
The contract underscores L3Harris’ proficiency in missile propulsion technology and commitment to providing high-performance, reliable propulsion solutions for military missions. It also marks the largest GMLRS IM contract the company has received from Lockheed Martin for a 12-month performance period.
LHX’s Proven Capabilities in Providing Propulsion Systems
L3Harris has continuously provided reliable and innovative propulsion solutions in support of U.S. warfighters and allied forces. Building on a strong legacy of proven performance, the company continues to leverage its expertise to deliver advanced, dependable and cost-effective propulsion systems for next-generation systems.
L3Harris has been producing GMLRS propulsion units for decades. By applying its extensive experience and advanced manufacturing techniques, the company has increased GMLRS output by nearly 80%, enhancing both delivery capacity and reliability.
The company’s state-of-the-art Engineering, Manufacturing and Development facility in Camden, AR, continues to expand to meet the nation’s urgent demand for solid rocket motors. With more than a decade of production experience, the facility now produces more than 115,000 solid rocket motors annually.
Growth Potential for LHX & Other Defense Stocks
According to a report by Fortune Business Insights, the global missile propulsion systems market is rapidly evolving, driven by technological advancements, geopolitical developments and increasing defense budgets. It is projected to witness a CAGR of 7.2% between 2025 and 2032.
Such growth prospects are favorable for L3Harris, which serves as the post-boost propulsion supplier for all current U.S. strategic deterrence weapon systems. Other defense contractors positioned to capitalize on the expanding global missile propulsion market are listed below:
Lockheed Martin Corp. LMT: The company is involved in the Missile Defense Agency’s Next Generation Interceptor program, utilizing advanced propulsion and sensor technologies to strengthen U.S. missile defense capabilities.
LMT has a long-term (three to five years) earnings growth rate of 12.35%. The Zacks Consensus Estimate for 2025 sales stands at $74.40 billion, which calls for an increase of 4.7%.
RTX Corporation RTX: The company is applying its advanced weapon expertise to develop air-breathing hypersonic scramjet systems, which use high-speed airflow for oxygen in propulsion and operate with a single solid rocket booster without any moving parts.
RTX has a long-term earnings growth rate of 10.35%. The Zacks Consensus Estimate for 2025 sales is pinned at $87.04 billion, which suggests a jump of 7.8%.
Northrop Grumman Corp. NOC: The company is one of the leading suppliers of solid rocket motors for U.S. strategic weapon systems. Its propulsion systems support the Ground-Based Midcourse Defense interceptor, Trident II D5, Minuteman III, Sentinel strategic missiles and emerging hypersonic programs.
NOC has a long-term earnings growth rate of 4.16%. The Zacks Consensus Estimate for 2025 sales is pegged at $41.89 billion, which implies a rise of 2.1%.
LHX Stock Price Movement
In the past six months, shares of L3Harris have risen 14.2% compared with the industry’s growth of 6.7%.
Image Source: Zacks Investment Research
LHX’s Zacks Rank
LHX currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Free Report: Profiting from the 2nd Wave of AI Explosion
The next phase of the AI explosion is poised to create significant wealth for investors, especially those who get in early. It will add literally trillion of dollars to the economy and revolutionize nearly every part of our lives.
Investors who bought shares like Nvidia at the right time have had a shot at huge gains.
But the rocket ride in the "first wave" of AI stocks may soon come to an end. The sharp upward trajectory of these stocks will begin to level off, leaving exponential growth to a new wave of cutting-edge companies.
Zacks' AI Boom 2.0: The Second Wave report reveals 4 under-the-radar companies that may soon be shining stars of AI’s next leap forward.
Access AI Boom 2.0 now, absolutely free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

L3Harris Wins Contract to Produce Propulsion Units for GMLRS

Kratos Defense & Security Solutions, Inc. KTOS benefits from affordable rocket systems and solid rocket motors (SRMs), as these products are important in the fast-growing hypersonic weapons and testing market.
Kratos Defense’s Zeus SRMs are designed to provide low-cost, high-performance propulsion for hypersonic tests, missile targets, sounding rockets and other defense missions. Zeus 1 and 2 offer enhanced performance within the same form factor as legacy SRMs, enabling seamless integration, particularly with Kratos’ Erinyes and Dark Fury hypersonic flyers.
By using proven designs, the Zeus family enables more frequent, longer and cheaper test flights. Because of this, defense customers who need to accelerate hypersonic development will find Kratos Defense useful. Overall, Kratos Defense's approach gives them a significant competitive advantage since it provides useful, reasonably priced technology at a time when the need for hypersonic testing is rapidly increasing.
Kratos Defense’s Oriole Rocket Motor System is a versatile propulsion system for suborbital launch vehicles used in targets, science missions and microgravity research. It includes a redundant digital ignition system for safe starts, optional thrust-vector control for maneuvering, and a strong tail section that can support different fin sizes to keep the rocket stable throughout flight.
The company’s affordable rocket technology allows it to deliver high-performance systems quickly and cost-effectively, giving it a strong edge in the expanding defense launch market.
Defense Giants Race to Expand Rocket Motor Production
Major defense companies that are expanding their production capacity to benefit from the increasing demand for rocket motors and SRMs have been discussed below:
L3Harris Technologies LHX plans to boost its large SRM manufacturing capacity six times with the addition of more than 20 facilities. The company's Camden, AR, site is still expanding to satisfy the country's increasing SRM production needs.
Northrop Grumman NOC is rapidly scaling production and has delivered more than 1.3 million SRMs, providing the Department of Defense, NASA, and allies with reliable propulsion for missile defense, space launches and scientific missions.
KTOS Stock’s Earnings Estimates
The Zacks Consensus Estimate for 2025 and 2026 EPS indicates an increase of 4.08% and 38.95%, respectively, year over year.
Image Source: Zacks Investment Research
KTOS Stock Trades at a Discount
In terms of valuation, KTOS’ forward 12-month price-to-sales (P/S) is 8.22X, a discount to the industry’s average of 9.87X.
Image Source: Zacks Investment Research
KTOS Stock’s Price Performance
In the past six months, KTOS’ shares have risen 95.8% compared with the industry’s 7.8% growth.
Image Source: Zacks Investment Research
KTOS’ Zacks Rank
The company currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Free Report: Profiting from the 2nd Wave of AI Explosion
The next phase of the AI explosion is poised to create significant wealth for investors, especially those who get in early. It will add literally trillion of dollars to the economy and revolutionize nearly every part of our lives.
Investors who bought shares like Nvidia at the right time have had a shot at huge gains.
But the rocket ride in the "first wave" of AI stocks may soon come to an end. The sharp upward trajectory of these stocks will begin to level off, leaving exponential growth to a new wave of cutting-edge companies.
Zacks' AI Boom 2.0: The Second Wave report reveals 4 under-the-radar companies that may soon be shining stars of AI’s next leap forward.
Access AI Boom 2.0 now, absolutely free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

How Is Kratos Defense Benefiting From Surging SRM Demand?

(RTTNews) - L3Harris Technologies, Inc. (LHX), Wednesday announced that the company has secured a follow-on production contract valued up to $200 million to manufacture Guided Multiple Launch Rocket System Insensitive Munition propulsion units.
The contract highlights the company's expertise in missile propulsion technology and its commitment to delivering high-performance, reliable propulsion solutions for military operations.
Notably, the contract marks the largest GMLRS IM contract L3Harris has received from Lockheed Martin for a 12-month period of performance.
Currently, LHX is trading at $281.97, up 1.66 percent on the New York Stock Exchange.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.