L3Harris Technologies said Jan. 5 it will sell a majority stake in its space propulsion business to private equity firm AE ...

L3Harris Technologies is selling a 60% stake in its space propulsion business to AE Industrial Partners for $845 million, retaining 40% ownership.

The rise of the commercial space industry precipitated a steeper decline at Rocketdyne. Boeing sold the Rocketdyne division ...

In an MIT News report, Hampson highlighted the financial difficulty of developing NTP. “Sure, you can get double the ...

Melbourne-based L3Harris acquired the vast rocket engine company Aerojet Rocketdyne in 2023, but on Monday announced it was ...

L3Harris will retain a minority investment interest and continue to act as a strategic partner to the business. AE Industrial plans to restore and use the "Rocketdyne" name for the acquired business ...

Artificial intelligence is moving from the control room into the engine bell, reshaping how rockets are designed, steered and powered. Instead of treating propulsion as a fixed piece of hardware, ...

AE Industrial Partners has acquired a controlling stake in L3Harris Technologies’ space propulsion and power systems business. No financial terms were disclosed. Headquartered in Melbourne, Florida, ...

Northrop Grumman test-fired a solid rocket motor called SMASH!22 Dec. 4 as part of its SMART Demo development program. Credit: Northrop Grumman WASHINGTON — Northrop Grumman tested a solid rocket ...

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) (THE CONVERSATION) Every year, companies and space agencies launch hundreds of rockets ...