# L3Harris plans approximately $3 billion missile production expansion

_Published Friday, October 30, 2026 at 12:18 PM EDT · Infrastructure · Latest · Tier 2 — Notable_

![L3Harris plans approximately $3 billion missile production expansion — Primary](https://s.yimg.com/lo/mysterio/api/431545d42c708f74d7e4c83eeaa6aadcc7e889b482928aa2ba946d3d9f3238e7/lightyear_networkapi/resizefill_w1200%3Bquality_80%3Bformat_webp/https%3A%2F%2Fmedia.zenfs.com%2Fen%2Fzacks.com%2Fdd3700862c26d1621d46d4159c013a58.png)

L3Harris plans to invest approximately $3 billion in missile production capacity after receiving approximately $11 billion in PAC-3 and THAAD contract awards, management said during its third-quarter earnings call. Roughly 25% of the investment targets supply-chain capacity, including additional suppliers and equipment modernization.

The company expects PAC-3 solid rocket motor deliveries to double again in 2027 and targets THAAD motor deliveries at triple the 2026 level. Management reduced its 2028 free cash flow outlook to $3 billion from $3.5 billion, citing retirement contributions, lower anticipated margins and accelerated missile investments.

## Sources

- [Yahoo Finance](https://finance.yahoo.com/markets/stocks/articles/lhx-q3-earnings-call-highlights-142200804.html)

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Canonical: https://techandbusiness.org/newswire/zphqCr7zuY0IxsmmJD-m-B
Published: 2026-10-30T16:18:41.222Z
Story chronology: 2026-10-30T14:22:00.000Z
Retrieved: 2026-10-30T18:47:42.935Z
Publisher: Tech & Business (techandbusiness.org)