L3Harris Technologies is close to selling a 60% stake in a portfolio of space and propulsion assets to AE Industrial Partners, according to a report by Reuters. The portfolio is valued at $845m, with AE Industrial expected to pay more than $500m, while L3Harris would retain a 40% minority stake.
The assets include the RL-10 second-stage rocket engine, used on United Launch Alliance’s Vulcan rocket, alongside in-space propulsion systems for satellite manoeuvring, space launch electronics, and nuc...
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