{"id":9648,"date":"2026-01-09T22:47:45","date_gmt":"2026-01-09T14:47:45","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/l3harris-announces-845-million-majority-sale-of-space-propulsion-and-power-systems-business\/"},"modified":"2026-01-09T22:47:45","modified_gmt":"2026-01-09T14:47:45","slug":"l3harris-announces-845-million-majority-sale-of-space-propulsion-and-power-systems-business","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/l3harris-announces-845-million-majority-sale-of-space-propulsion-and-power-systems-business\/","title":{"rendered":"L3Harris announces $845 million majority sale of Space Propulsion and Power Systems business"},"content":{"rendered":"
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A Dual Engine Centaur upper stage for Atlas V nears completion at the factory in Decatur, Alabama. The RL10 engine marked 60 years of flight on Nov. 27, 2023. Image: United Launch Alliance<\/figcaption><\/figure>\n

On Monday, L3Harris Technologies, announced the intended sale of a majority stake in its Space Propulsion and Power Systems business to AE Industrial Partners, shifting control over one of its marquee engines: the RL10.<\/p>\n

L3Harris, based in Melbourne, Florida, said the deal, valued at $845 million, is expected to closed during the second half of 2026. If approved by regulators, AE Industrial, a private investment firm based in Boca Raton, Florida, would control 60 percent of a new space technology business, which it said will be named \u201cRocketdyne,\u201d reviving the standalone name for the company that was originally founded as a division of North American Aviation in 1955.<\/p>\n

The trademark \u201cAerojet Rocketdyne\u201d will still be retained by L3Harris.<\/p>\n

\u201cL3Harris is strongly committed to the Department of War\u2019s (DoW) vision for a faster, more agile defense industrial base while remaining laser-focused on driving value for our shareholders and customers,\u201d said Christopher Kubasik, Chairman and CEO of L3Harris, in a press release. \u201cThis transaction further aligns the L3Harris portfolio with DoW core mission priorities.\u201d<\/p>\n

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Four RL10 engines delivered to NASA for use on the Space Launch System upper stage. Credit: Aerojet Rocketdyne<\/figcaption><\/figure>\n

Notably, L3Harris stated explicitly in its press release that \u201cL3Harris\u2019 RS-25 engine business is excluded from the sale.\u201d Kirk Konert, Managing Partner at AE Industrial said a focus for the the new Rocketdyne business will be to focus on the RL10, the upper stage engine used for both NASA\u2019s Space Launch System rocket and United Launch Alliance\u2019s Vulcan and Atlas 5 rockets.<\/p>\n

\u201cRocketdyne\u2019s growth roadmap includes international expansion, including Artemis-related programs, across its power, avionics, and in-space propulsion portfolios,\u201d Konert said. \u201cThe company is one of few with the heritage and credibility required to execute against the ambitious timelines of the Artemis Program, and we are excited to support both the U.S. and its allies in that mission.\u201d<\/p>\n