L3Harris Technologies said Jan. 5 it will sell a majority stake in its space propulsion business to private equity firm AE ...

L3Harris Technologies said on Monday it will sell an about 60% stake in its space propulsion and power systems business to ...

L3Harris Technologies has agreed to divest controlling interest in its Space Propulsion and Power Systems business to AE ...

AE Industrial will take a 60 percent stake in the new business focused on civil and commercial space; L3Harris will maintain ...

Looking at opportunities that AE Industrial Partners is identifying in the aerospace industry; Align Capital Partners has ...

The potential sale coincides with a reorganization of L3Harris' operating structure, consolidating its four business segments into three.

The rise of the commercial space industry precipitated a steeper decline at Rocketdyne. Boeing sold the Rocketdyne division ...

Melbourne-based L3Harris acquired the vast rocket engine company Aerojet Rocketdyne in 2023, but on Monday announced it was ...

L3Harris Technologies is nearing a major transaction that underscores its strategic shift toward core national security and missile-focused operations. The defense contractor is close to finalizing a ...

The transaction aligns with L3Harris’ strategy to pivot away from space-focused operations and concentrate more on defense ...

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) (THE CONVERSATION) Every year, companies and space agencies launch hundreds of rockets ...