Duffy investigates L3Harris over FAA outage that grounded U.S. flights
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- U.S. Transportation Secretary Sean Duffy said on Saturday officials are investigating whether L3Harris Technologies (NYSE:LHX) was responsible for an FAA air traffic control failure that halted flights nationwide for more than four hours. Our AI stock portfolio…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA federal probe into a defense and aviation contractor can weigh on the stock, although the cause has not yet been established.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01U.S. Transportation Secretary Sean Duffy said officials are investigating whether L3Harris was responsible for the FAA failure.
- 02The outage halted flights nationwide for more than four hours.
- 03L3Harris was replacing a copper connection with fibre at a remote FAA facility.
- 04A router sent more than 1,000 connection attempts every four to five seconds, disrupting communications and some radar feeds.
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