The Pentagon invested $1 billion in L3Harris’ missile business, using preferred stock to gain control and speed up production.
The Pentagon’s DOW, otherwise known as the Defense Department, didn’t buy L3Harris Technologies Inc (NYSE:LHX) common stock. It bought something far more useful: leverage over how fast missiles get built.
Track LHX stock here.
Instead of buying commo… [1933 chars]
Source: Benzinga | Published: 2026-01-13T16:58:53Z
Credit: Benzinga
