L3Harris Technologies, Inc. (LHX) Unveils New Solid Rocket Motor Facility

L3Harris Technologies, Inc. (NYSE:LHX) is among the 11 Best Large Cap Defense Stocks to Buy According to Analysts. On August 4, the company showcased its newest Solid Rocket Motor (SRM) production facility in Huntsville, Alabama, in a ceremony that was attended by local and state leaders and customers.

The facility, known as Advanced Manufacturing Facility – South (AMF-South), is larger than the size of six football fields and has been designed to support surging defense production demands, including President Trump’s Golden Dome project.

The AMF-South specializes in producing inert parts for solid rocket motors, such as nozzles, aft closures, and exit cones. L3Harris Technologies, Inc. (NYSE:LHX) has invested over $20 million in renovations to support the facility. The firm’s Title III Defense Production Act cooperative agreement with the DoD has also helped to fund additional expenses.

The facility is designed to be scalable and flexible. It is currently supporting programs such as the Standard Missile, Javelin, and Guided Multiple Launch Rocket System, with plans to expand to other initiatives in the future.

Ken Bedingfield, President at L3Harris Technologies, Inc. (NYSE:LHX)’s Aerojet Rocketdyne, stated the following on the facility’s opening:

“Solid rocket motors remain essential to the vast majority of critical defense programs that protect our communities, military and allies. Our growth in Huntsville represents another significant investment we are making to boost production capacity of critical components, and we’re proud that they are being made in Alabama.”

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