The Pentagon Buys L3Harris Stock. Should You?

The investment part of this plan is expected to happen this quarter, the first quarter of 2026. Missile solutions will then be spun off and taken public as a separate company in the second half of 2026. After the initial public offering (IPO), the Department of Defense is expected to convert its preferred stock into common stock in the new company.L3Harris announced its latest big move just this past Tuesday. In what management termed "a first-of-its-kind proposed partnership with the Department of War" -- ...