AE Industrial Partners to acquire controlling stake in L3Harris Space Propulsion & Power for $845M

AE Industrial Partners has agreed to acquire a controlling interest in L3Harris' Space Propulsion and Power Systems business at an enterprise value of $845 million. L3Harris will retain a ~40% stake. The transaction is expected to close in the second half of 2026.

“L3Harris today announced that AE Industrial Partners has agreed to acquire a controlling interest in L3Harris’ Space Propulsion and Power Systems business at a total enterprise value of $845 million.”l3harris.com

• 1 source
• l3harris.comL3Harris to Sell Majority Stake in Space Propulsion & Power Business to AE Industrial Partners | L3Harris® Fast. Forward.CH Corporate HeadquartersJan 5, 2026

Summarized from public sources; check the original articles before acting on it.