L3Harris plans to spin off missile unit with $1B DoD investment

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Morgan Stanley on L3Harris Technologies (LHX): 'we see this planned transaction representing an unprecedented structure'

January 13, 2026 12:48 PM EST

Morgan Stanley analyst Kristine Liwag reiterated an Overweight rating and $367.00 price target on L3Harris Technologies (NYSE: LHX).

The analyst comments "OW-rated LHX announced today plans for the Department of War (DoW) to invest in LHXs newly-created Missile Solutions business (largely Aerojet)... More

Vertical Research Partners Reiterates Buy Rating on L3Harris Technologies (LHX) Following DoD Deal

January 13, 2026 8:34 AM EST

Vertical Research Partners analyst Robert Stallard reiterated a Buy rating and $355.00 price target on L3Harris Technologies (NYSE: LHX) after announcing a US Department of Defense partnership to significantly increase capacity to produce solid rocket motors.

The analyst commented, "The key conclusion from this announcement is in the... More