L3Harris Expands Florida Satellite Facility for Hypersonic Defense Amid $240M Daily Volume Ranking 360th

L3Harris (LHX) closed August 21, 2025, with a 0.01% decline, trading at $... as its $240 million daily volume ranked 360th among listed stocks. The company finalized a $100 million expansion of its Florida satellite integration facility to accelerate production of hypersonic missile tracking systems for the Department of Defense’s Golden Dome program. The expanded 94,000-square-foot site will support next-generation satellite manufacturing critical for national defense, aligning with strategic priorities outlined by CEO Christopher Kubasik during a ribbon-cutting ceremony attended by elected officials and defense partners. Palm Bay Mayor Rob Medina highlighted the project’s role in creating high-skill jobs and reinforcing U.S. technological leadership in missile warning capabilities.

With 34 satellites in development for hypersonic threat detection and five operational assets already in orbit, L3Harris continues to scale infrastructure nationwide. The company has allocated over $900,000 square feet of advanced manufacturing space across the U.S. to meet defense requirements, emphasizing rapid deployment of space-based technologies. Rep. Mike Haridopolos praised the firm’s contributions to national security, underscoring its integral role in the Golden Dome initiative. The expansion reflects broader investments in domestic production capabilities, with L3Harris positioning itself to sustain large-scale output for evolving military needs.

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