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Trump's Chosen Air Force One Contractor L3Harris To Pay $62 Million As Settlement For Misleading US Military

Summary

Defense contractor L3Harris Technologies (NYSE: LHX) has agreed to pay $62 million to settle allegations of deceit over equipment pricing sold to the U.S. military. This comes as the company is involved in modifying a luxury Boeing 747 for the new Air Force One.

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Article published on May 23, 2025 by benzinga