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.
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