Aerojet Rocketdyne's RL-10 rocket engines. Credit: L3Harris Technologies

WASHINGTON — L3Harris Technologies said Jan. 5 it will sell a majority stake in its space propulsion business to private equity firm AE Industrial Partners, marking the first major restructuring of its space portfolio since acquiring Aerojet Rocketdyne in 2023.

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Sandra Erwin writes about military space programs, policy, technology and the industry that supports this sector. She has covered the military, the Pentagon, Congress and the defense industry for nearly two decades as editor of NDIA’s National Defense...