L3Harris hones DoD focus with sale of civil space propulsion unit
AE Industrial will take a 60 percent stake in the new business focused on civil and commercial space; L3Harris will maintain about a 40 percent share.
AE Industrial will take a 60 percent stake in the new business focused on civil and commercial space; L3Harris will maintain about a 40 percent share.
“We are going to make sure that we have security of supply, both in the United States and abroad, for the things that we need to be successful, and we are going to make investments to do that,” said Tim Cahill, executive vice president of Lockheed’s missiles and fire control unit.