L3Harris Technologies, Inc. (LHX) Secures $400M Contract to Power THAAD Interceptors

Ashar Jawad

Sun, February 22, 2026 at 8:35 PM GMT+9 1 min read

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L3Harris Technologies, Inc. (NYSE:LHX) is among the 11 best military technology stocks to buy right now. On February 16, the company announced that it had landed a contract worth around $400 million to power THAAD interceptors.

L3Harris Technologies, Inc. (LHX) Secures $400M Contract to Power THAAD Interceptors

Under the agreement, the defense contractor will manufacture and supply additional solid rocket boost motors and Liquid Divert and Attitude Control Systems (LDACS) for THAAD to protect the nation against advanced missile threats.

The company produces the solid rocket boost motors at its facilities in Huntsville and Camden, while the LDACS are built in Los Angeles. In 2024, L3Harris Technologies, Inc. (NYSE:LHX) completed the 1,000th delivery of both for THAAD to the Missile Defense Agency.

In other news, General Dynamics Electric Boat provided L3Harris a full-rate production contract this week to build and deliver communication systems for the Virginia and Columbia class submarines, reflecting the company’s rich legacy of supporting naval programs in the country.

L3Harris Technologies, Inc. (NYSE:LHX) provides end-to-end technology solutions that connect the air, land, space, sea, and cyber domains for national security.

While we acknowledge the potential of LHX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

**READ NEXT: 10 Best Meme Stocks to Buy Now and **10 Best American Defense Stocks to Buy According to Wall Street Analysts

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