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

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

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

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

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

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

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

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 private equity firm AE Industrial Partners on Monday said it has agreed to acquire a majority stake in the Space ...

At the core of NASA’s Artemis mission is Gateway, a lunar outpost that demands advanced power and propulsion. Aviation Week ...

L3Harris Technologies is nearing a deal to sell a 60% stake in a portfolio of space and propulsion businesses to AE ...

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