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L3Harris Aerojet Rocketdyne (rocket motors)
LHXannounced 2025-11-15
Stake size
—
Announced value
$1.00B
Agency
Defense
Program
Other
Pentagon to invest $1B in L3Harris rocket-motor business pre-IPO 2H 2026
The Pentagon announced a $1B investment in L3Harris's solid-rocket-motor business — used in Patriot, Standard Missile, GMLRS and JASSM — to be converted into common equity of a spun-out division when L3Harris IPOs that business in 2H 2026.
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