L3Harris hones DoD focus with sale of civil space propulsion unit (Theresa Hitchens – Breaking Defense)

L3Harris Technologies’ move to sell a majority stake in its civilian space propulsion unit to private equity firm AE Industrial Partners, represents yet another move by the company to pivot its focus to the military space market. “L3Harris is strongly committed to the Department of War’s (DoW) vision for a faster, more agile defense industrial base while remaining laser-focused on driving value for our shareholders and customers,” said Chairman and CEO Christopher Kubasik in today’s statement. “This transaction further aligns the L3Harris portfolio with DoW core mission priorities.”

L3Harris hones DoD focus with sale of civil space propulsion unit – Breaking Defense