L3Harris Technologies has secured a five-year, $587.4 million contract from the U.S. Navy to provide advanced jamming pods for its EA-18G Growler aircraft. These pods, known as the Next Generation Jammer-Low Band (NGJ-LB), are designed to modernize the Navy’s electronic warfare capabilities and replace its outdated jamming systems. The NGJ-LB system offers significant advantages, including enhanced jamming capabilities, modular architecture for seamless updates, and increased target engagement potential.
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Jim Cramer’s ‘Mad Money’ Lightning Round: Micron, Crane, Iron Mountain, L3Harris, Devon, Intel & Arm
Jim Cramer, host of CNBC’s ‘Mad Money,’ offered his insights on various stocks in his Lightning Round segment. He recommended buying more Micron Technology, holding Crane Company, selling some Iron Mountain, owning Devon Energy, and preferring Arm Holdings over Intel. He also expressed his opinion on L3Harris Technologies.