L3Harris Technologies shares fall 1.79% after-hours despite advancing torpedo cable technology.

L3Harris Technologies, Inc. dropped 1.79% in after-hours trading. The company recently cleared a critical milestone for a new fiber-optic torpedo cable, a cutting-edge technology designed to provide the U.S. Navy with real-time guidance capability for its next-generation submarine-launched weapon system, the MK-48 (Mod-8) torpedo. This development is a significant advancement in submarine warfare technology, potentially enhancing the capabilities of the U.S. and partner nations.