In a first-of-its-kind partnership, the Defense Department is taking a $1 billion stake in the business ahead of an initial ...

Their transaction announced Tuesday has multiple moving parts to it, starting with the Defense Department’s agreement to ...

NASA fired up RS-25 engine No. 20001 at the Fred Haise Test Stand at NASA’s Stennis Space Center at Bay St. Louis, ...

L3Harris Technologies is selling a 60% stake in its space propulsion business to AE Industrial Partners for $845 million, ...

The number of orbital launch attempts worldwide last year surpassed the record 2024 flight rate by 25 percent, with SpaceX ...

Watch how the Space Launch System rocket RS-25 undergoes a core stage engine test-fire. Credit: NASA's Stennis Space Center ...

L3Harris Technologies is divesting a controlling interest in its Space Propulsion and Power Systems division to AE Industrial Partners in a transaction valued at $845 million. The deal, expected to ...

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

L3Harris agrees to sell a majority stake in its Space Propulsion and Power Systems unit to AE Industrial for $845M, retaining 40% ownership.

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 ...