The Air Force Asked L3Harris: Can You Build Us a Fighter Plane for Less Than $50 Million?
Quick. If I ask which American defense companies build fighter planes, what names come first to mind?Lockheed Martin (NYSE: LMT), I'll bet, maker of the F-16 Falcon, the F-22 Raptor, and the F-35 Lightning II. Boeing (NYSE: BA), too, probably, with its F-15 Strike Eagles and F/A-18 Hornets. You almost certainly do not think of L3Harris (NYSE: LHX), which is best known for producing radios, sensors, and (since acquiring Aerojet Rocketdyne) rocket engines.And yet, it turns out that the Air Force's newest fighter plane is built by -- you guessed it -- L3Harris.Continue reading
Quick. If I ask which American defense companies build fighter planes, what names come first to mind?
Lockheed Martin (NYSE: LMT), I'll bet, maker of the F-16 Falcon, the F-22 Raptor, and the F-35 Lightning II. Boeing (NYSE: BA), too, probably, with its F-15 Strike Eagles and F/A-18 Hornets. You almost certainly do not think of L3Harris (NYSE: LHX), which is best known for producing radios, sensors, and (since acquiring Aerojet Rocketdyne) rocket engines.
And yet, it turns out that the Air Force's newest fighter plane is built by -- you guessed it -- L3Harris.
