L3Harris(US:LHX) Zhi Tong Cai Jing·2026-01-13 12:20Group 1 - L3Harris Technologies (LHX.US) stock surged 13% after announcing a proposed $1 billion investment from the U.S. Department of Defense to significantly enhance solid rocket engine production capacity for missiles [1] - The investment will be made through convertible preferred securities, which will convert to common stock during a future IPO, and L3Harris plans to spin off its missile solutions business into an independent company by the second half of 2026 [1] - CEO Christopher Kubasik emphasized the need to strengthen the defense industrial base and revitalize competition, positioning the new company as a key partner for the Department of Defense in deterrence efforts [1] Group 2 - Other defense contractors, including General Dynamics (GD.US), RTX (RTX.US), Lockheed Martin (LMT.US), and Northrop Grumman (NOC.US), also saw slight stock increases following the news [2]