# 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.

- Type: Acquisition
- Announced: 2026-01-05
- Where: Melbourne, Florida, United States
- Value: $845.0M
- Status: announced
- Products: space propulsion and power systems
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [L3Harris Technologies](https://endata.com/companies/40361.md)
- [AE Industrial Partners](https://endata.com/companies/10069.md) (acquirer)

## Sources

- [l3harris.com](https://www.l3harris.com/newsroom/press-release/2026/01/l3harris-sell-majority-stake-space-propulsion-power-business-ae), 2026-01-05: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.