Tag: Christopher Kubasik
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Pentagon to Invest $1 Billion in L3Harris Missile Unit Ahead of Planned Spinoff
The Pentagon said it will invest $1 billion in the missile business of L3Harris Technologies as part of a plan to spin the unit off into a separate publicly traded company, a move intended to accelerate weapons production for future conflicts. L3Harris said on Tuesday the missile segment would be separated into a stand-alone company,…