Core Insights - L3Harris Technologies, Inc. has secured its largest full-rate production contract for submarine communication systems, marking a significant milestone for the company [1] - The contract involves supplying 26 shipsets to General Dynamics Electric Boat for Virginia and Columbia-class submarines, with production continuing until 2033 and options for further expansion [2] Contract Details - The contract includes a follow-on agreement for ongoing production of submarine communication systems, with potential extensions for additional Columbia-class submarines and allied navies [2] - Additionally, L3Harris has obtained a $400 million contract from the Missile Defense Agency for producing solid rocket boost motors and Liquid Divert and Attitude Control Systems [2] Product Significance - The solid rocket boost motors are essential for the initial launch phase of the THAAD interceptor missile, while the Liquid Divert and Attitude Control Systems ensure precise targeting during the final intercept stages [4] - The THAAD system has achieved a 100% success rate in intercept tests, underscoring its importance for national security [5] Financial Impact - The new contracts are expected to enhance L3Harris Technologies' backlog in the Airborne Systems segment, which is projected to exceed $38.7 billion by 2025 [5] - The company provides comprehensive technology solutions across various domains, including air, land, space, sea, and cyber, contributing to national security [5]