Goldman Sachs predicts L3Harris Technologies Inc. (LHX) as key benefactor of Trump's $175B "Golden Dome" initiative.

Unusual Whales
2025.05.25 01:02
Goldman Sachs has identified L3Harris Technologies Inc. (NASDAQ: LHX) as a potential key beneficiary of the Trump administration's $175 billion "Golden Dome" initiative. An analyst at Goldman Sachs, Noah Poponak, has reaffirmed a Buy rating on L3Harris following discussions with company management. The "Golden Dome" initiative, endorsed by President Trump, Secretary of Defense Pete Hegseth, and military leaders, aims to establish a national missile defense system capable of countering hypersonic and ballistic missiles. The project is anticipated to be finished within three years, although its complexity may lead to potential extensions. Apart from missile defense, L3Harris is excelling in high-margin communication and signal processing technologies. The company's management highlighted the robust global demand for battlefield integration systems. For further details, refer to the complete article on Benzinga.com.
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