All verified mentions of this organization in source documents.
L3Harris intends to list Missile Solutions as a separate public company during the second half of 2026.
The investment targets L3Harris's newly formed Missile Solutions business unit, which includes the critical propulsion assets of Aerojet Rocketdyne.
Lanteris supports L3Harris as a bus provider for SDA contracts.
Under the SDA-2 missions, SpaceX is to launch 18 of SDA’s Tranche 2 Tracking Layer satellites by L3Harris Technologies and eight Fire-control On Orbit-support-to-the-war Fighter satellites by Boeing’s Millennium Space Systems.
NASA has selected proposals for three-year, fixed-price contracts from seven companies, including Astroscale U.S. Inc. in Denver, BAE Systems Space and Mission Systems, Inc. in Boulder, Colorado, Busek Co. Inc in Natick, Massachusetts, L3Harris Technologies Inc. in Rochester, New York, Lockheed Martin Inc. in Palo Alto, California, Northrop Grumman Inc. in Redondo Beach, California, and Zecoat Co. Inc. in Granite City, Illinois.
Two of the missions are for T2TR with L3Harris satellites scheduled for 2027.
The SDA awarded $3.5 billion in contracts to Lockheed Martin, Northrop Grumman, L3Harris, and Rocket Lab for the Tranche 3 Tracking Layer.
L3Harris’s space propulsion unit is key to the development and operation of space missions.
The transaction involving L3Harris space propulsion is part of a broader context of consolidation and acquisitions in the space industry.
L3Harris will maintain a residual involvement but reduce direct exposure to a highly specialized sector.
For L3Harris, the sale is part of a capital reallocation strategy focusing on priority segments.
L3Harris Technologies has reached an agreement to sell the majority stake of its space propulsion unit to AE Industrial Partners for $845 million.
L3Harris will retain a minority investment interest and continue to act as a strategic partner to the acquired business.
AE Industrial Partners will acquire a 60% controlling interest in L3Harris Technologies' space propulsion business, valuing the unit at $845 million.
The partnership between AE Industrial and L3Harris aims to accelerate the development of future propulsion technologies, including nuclear propulsion.
The transaction marks L3Harris Technologies' first major transaction of 2026.
AE Industrial Partners aims to revitalize L3Harris's Rocketdyne by stripping away corporate overhead and injecting startup urgency.
Rocketdyne is returning to prominence as L3Harris Technologies divests its propulsion business.
AE Industrial Partners, LP has signed a definitive agreement to acquire a controlling interest in the Space Propulsion and Power Systems business of L3Harris Technologies.
L3Harris Technologies is selling the majority of its propulsion business to AEI for $845 million.