
L3Harris Sells 60% Space Propulsion Stake to AE Industrial for $845M
L3Harris is selling a 60% stake in its space propulsion business to AE Industrial Partners for $845 million to shift focus towards defense, while reorganizing into three segments to better align with future warfare needs; the deal also aims to accelerate propulsion tech development, including nuclear propulsion for Mars exploration, with the transaction expected to close in late 2026.











