Buy L3Harris Now: Ride the Missile-and-Munitions Cycle as Backlogs Turn Into Revenue
L3Harris sits squarely in the crosshairs of a defense spending rerating: strong backlog across missiles, sensors and battlefield communications, a high-margin propulsion business (Aerojet Rocketdyne), and healthy free cash flow. At $288 the stock offers asymmetric upside into persistent geopolitical-driven procurement tailwinds while trading at rea…