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L3Harris Technologies [LHX] is set to break ground an expansion of its large solid rocket motor (LSRM) facilities in Arkansas the company said provide a six-fold increase in production capacity. The investment in Camden, Ark., amounts to nearly $200 million with Arkansas businesses, and additional investments on tooling and equipment with vendors outside the sate--almost all of it internally funded--and is part of nearly $500 million in ongoing investments L3Harris is making across its SRM operations, the company said on…
