L3Harris Secures $6B THAAD Propulsion Contract from Lockheed Martin

Key Facts

1L3Harris has been awarded a $6 billion contract to provide rocket propulsion for the THAAD missile defense system.

2The contract was awarded by Lockheed Martin, the prime contractor for the THAAD system.

L3Harris has been awarded a $6 billion contract to provide rocket propulsion for the THAAD missile defense system. Investing.com reported that the contract was awarded by Lockheed Martin, the prime contractor for THAAD, to strengthen the supply chain and production capacity for critical interceptors.

The agreement addresses rising global demand for advanced missile defense capabilities. Regarding related market performance, Lockheed Martin (LMT) closed at $518.1 on September 28, 2026, after reaching a session high of $524.27.