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L3Harris Technologies Inc. Slips to 287th in Trading Volume Despite $487 Million Defense Contract Win
Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 17, 2025 8:14 pm ET1min read
On June 17, 2025,
Technologies Inc. (LHX) saw a significant drop in trading volume, with a total of $276 million in shares traded, marking a 39.75% decrease from the previous day. This placed the company at the 287th position in terms of trading volume for the day. Despite the decline in volume, L3Harris's stock price rose by 1.31%.L3Harris Technologies Inc. has secured a substantial contract worth $487 million from the Department of Defense (DoD) for terminal modernization. The contract, which is set to be completed by June 21, 2030, provides L3Harris with a five-year timeline to carry out the modernization work and deliver the required services. This significant contract win is expected to bolster the company's financial performance and enhance its market position in the defense sector.
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