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

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

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

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

L3Harris Technologies, Inc. LHX recently stated that it has agreed to sell a majority stake of its Space Propulsion and Power ...

The rise of the commercial space industry precipitated a steeper decline at Rocketdyne. Boeing sold the Rocketdyne division ...

Space agencies are moving closer to a new era of rocket propulsion that could fundamentally change deep-space travel. Nuclear ...

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

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

Using supersonic shockwaves for combustion, the groundbreaking design could allow aircraft to travel up to six times the speed of sound. Reading time: Reading time 4 minutes Venus Aerospace is a ...

XCOR Aerospace announced today that it had won a $3.3 million contract with ATK as part of ATK’s contract to develop low-cost LOX/methane rocket propulsion for NASA. Together with ATK, XCOR will ...

Going to the moon was one thing; going to Mars will be quite another. The distance alone is intimidating. While the moon is ...