On September 14, L3Harris Technologies, Inc. (NYSE:LHX) said it had secured a $60 million contract from the U.S. Air Force to continue producing sensors that let aircrews choose the precise detonation altitude.
SpaceKris/Shutterstock.com
The DSU-43/B ******* pit Selectable Height of Burst Sensors (C-HOBS) allow crews to adjust the munition's effect to different targets and mission environments. The system will provide enhanced radar-guided performance, advanced sensing features, and manual and ******* pit-selectable burst heights, the company said in a press release.
The production will take place at L3Harris' Cincinnati facility. The order comes at a time when the defense contractor is expanding the output capacity of proximity fuzes and sensors for the U.S. military to support a wartime footing.
Investors should view the C-HOBS contract as evidence of the company's recurring business with the Air Force on precision-guidance electronics. Despite being small in magnitude, such low-risk and steady order flow underpins the bull thesis for the stock.
#cockpit
SpaceKris/Shutterstock.com
The DSU-43/B ******* pit Selectable Height of Burst Sensors (C-HOBS) allow crews to adjust the munition's effect to different targets and mission environments. The system will provide enhanced radar-guided performance, advanced sensing features, and manual and ******* pit-selectable burst heights, the company said in a press release.
The production will take place at L3Harris' Cincinnati facility. The order comes at a time when the defense contractor is expanding the output capacity of proximity fuzes and sensors for the U.S. military to support a wartime footing.
Investors should view the C-HOBS contract as evidence of the company's recurring business with the Air Force on precision-guidance electronics. Despite being small in magnitude, such low-risk and steady order flow underpins the bull thesis for the stock.
#cockpit
2 days ago
