L3Harris Technologies, Inc. (NYSE:LHX) is among the 12 Best Aerospace Stocks to Buy Right Now. On April 1, the company powered the first crewed journey towards the moon in over five decades by providing propulsion and avionics for the launch of the Artemis II mission.

Pixabay/Public Domain

In a press release on Wednesday, the aerospace and defense contractor said it is aiding the mission through the provision of more than 100 elements, including the RS-25, RL10, and the Orion Main engines for various stages. The company also supplied advanced avionics systems, in-space thrusters, and audio systems for the Artemis II.

L3Harris Technologies, Inc. (NYSE:LHX) congratulated NASA on the liftoff and said that the company will continue to support the mission till its completion.

In other news, UBS analyst Gavin Parsons, on March 25, reiterated the firm’s Neutral rating on the stock, with a price target of $362, according to TipRanks. Overall, LHX sports a Strong Buy rating and has an average upside potential of 12% as of the close on April 2.

L3Harris Technologies, Inc. (NYSE:LHX) provides advanced national security solutions in the air, land, space, sea, and cyber domains. It operates through four segments: Communication Systems, Integrated Mission Systems, Space & Airborne Systems, and Aerojet Rocketdyne.

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