WASHINGTON, July 17 (Reuters) - L3Harris Technologies ( LHX )

has unveiled two new missiles that aim to provide less

expensive long-range strike options for the U.S. military as it

restocks its supplies while looking for arms to deter China's

ambitions in the Pacific.

The "Red Wolf" and "Green Wolf" missile launch comes as the

concept of "affordable mass" has gained prominence due to the

conflicts in Ukraine and Israel, which have underscored the need

for plentiful, cost-effective weapons. This strategy focuses on

having a large number of relatively inexpensive munitions ready

for deployment, ensuring military readiness and adaptability.

These multi-role missiles with a range of more than 200

nautical miles can hit moving targets like ships, such as in the

Pacific Ocean where range is important. Lockheed Martin ( LMT )

and RTX currently dominate the space in the U.S. market.

The most basic version of L3's new missile would cost in the

$300,000-range once production has reached full rate, L3

executives told Reuters in an interview.

Currently, the low-rate initial production run is being

generated in Ashburn, Virginia, with the customers like the

Pentagon eyeing buying about 1,000 per year, L3 executives said.

The Red Wolf is a traditional missile focused on long-range

precision strikes, while the Green Wolf specializes in

electronic warfare, equipped with capabilities for electronic

attack and intelligence gathering.

L3Harris ( LHX ) has conducted over 40 successful test flights,

demonstrating the reliability and effectiveness of these

systems.