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Source: [https://finance.yahoo.com/news/pentagon-invest-1-billion-l3harris-110143742.html](https://finance.yahoo.com/news/pentagon-invest-1-billion-l3harris-110143742.html) >The U.S. government will invest $1 billion in L3Harris Technologies' (LHX) rocket motor business, guaranteeing a steady supply of the much-needed motors used in a wide range of missiles such as Tomahawks and Patriot interceptors. >The deal represents the latest U.S. government investment in Corporate America, which has included a 10% stake in chip maker Intel (INTC) and investments in critical mineral producers. It comes just a few days after President Donald Trump blasted defense contractors for slow …
— ORIGINAL POST ·
L3Harris +11% pre-market after Pentagon commits $1B to rocket motor spin-off ahead of 2026 IPO
· r/wallstreetbets
· Jan 13, 2026