L3harris Technologies (LHX) has disclosed a new risk, in the Corporate Activity and Growth category.
L3Harris Technologies faces heightened operational risks following the acquisition of AJRD, due to the management of hazardous materials used in rocket propulsion. Incidents involving these materials, such as unplanned ignitions or explosions, could lead to severe disruptions in manufacturing processes, cause harm to personnel, or result in significant property damage. Such events not only pose risks of regulatory penalties and liability for damages but also threaten to tarnish the company’s reputation and financial standing. Stringent regulations surrounding the handling of these substances underscore the critical nature of the company’s adherence to safety protocols.
The average LHX stock price target is $238.80, implying 12.73% upside potential.
To learn more about L3harris Technologies’ risk factors, click here.
