- L3Harris Technologies Inc (NYSE:LHX) has been awarded a $393 million contract by the U.S. Navy to install increments II and III of the Undersea Warfare Training Range (USWTR).
- The award follows nearly ten years of execution by L3Harris on Increment I and will replace and upgrade the remaining underwater training range sites.
- Under Increments II and III, L3Harris will upgrade and replace the previously installed systems at the U.S. Navy’s three other range locations near Hawaii, the Bahamas, and Southern California.
- Susquehanna maintained a Positive rating on L3Harris and raised the price target to $270, implying a 17% upside.
- Price Action: LHX shares traded lower by 0.95% at $228.84 on the last check Wednesday.
Software Effective Solutions Corporation To Acquire MedCana In An All-Stock Deal
Software Effective Solutions Corporation (OTCPK:SFWJ) announces the acquisition of MedCana, Inc and appoints Jose Gabriel Diaz as new chief operating officer and director.
The company noted this acquistion will positioned it better in the Columbian cannabis and CBD oil sectors.
