L3Harris is a significant organization in the space industry. Detailed historical information will be added soon.
This page is under development. Please check back for comprehensive history, mission details, and achievements.
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L3Harris is a significant organization in the space industry. Detailed historical information will be added soon.
This page is under development. Please check back for comprehensive history, mission details, and achievements.
L3Harris has announced the sale of a majority stake in its Space Propulsion and Power Systems business to AE Industrial Partners for $845 million, with the new entity, named Rocketdyne, focusing on the RL10 engine and international expansion. The deal is expected to close in the second half of 2026 and will have significant implications for the aerospace industry.
A private equity deal has led to the revival of Rocketdyne, a historic US manufacturer of large liquid-fueled rocket engines, with AE Industrial Partners acquiring a 60% stake in L3Harris' propulsion and power business for $845 million. This development is expected to have significant implications for the broader aerospace industry, particularly in the context of NASA's Artemis Moon program.