L3Harris Technologies agrees to sell majority stake in space propulsion unit for 845 million dollars
L3Harris Technologies announced a 845 million dollar divestiture and organizational shift. The move focuses resources on defense amidst global uncertainty.
Insights:
L3Harris Technologies Inc. announced on Monday that it has reached an agreement to sell an approximately 60% stake in its space propulsion and power systems business to the private equity firm AE Industrial Partners. The transaction, which is valued at $845 million including debt, was first reported by Reuters on Sunday, January 5, 2026. This strategic move in the US 
UScoincides with a significant internal reorganization as the company shifts its focus toward core defense capabilities.
UScoincides with a significant internal reorganization as the company shifts its focus toward core defense capabilities.
