“L3Harris sells 60% stake in space propulsion business for $845 million”
January 15, 2026
“…L3Harris Technologies said on Monday it will sell an about 60% stake in its space propulsion and power systems business to private equity firm AE Industrial Partners for $845 million, including debt.
The deal furthers L3Harris’ plan to shift its focus away from space and towards defense capabilities amid an increasingly uncertain global geopolitical environment…”
https://finance.yahoo.com/news/l3harris-sells-60-stake-space-124214825.html